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Rapid City, SD Real Estate News

By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
How Do I Love Thee?Let me Count the Ways! I took a walk down a westside Rapid City neighborhood and was hit by the love bug!  Yes - I was told I look like Elton John with these glasses on.  Watch to the end for my tribute!Listed by VIP Properties, Rapid City.  Give me a call to take a look!  605-391-7086
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
In 2013 Vince Herman and his girlfriend at the time bought a house together. It was a simple starter home in Box Elder with a garage and unfinished basement.Life happened and they broke up about a year later. Since they both were on the title, it became necessary to sell and move on.Thanks to the strong real estate market, they actually made some cash on the sale!Fast forward to 2018. Vince landed a great job. He started enjoying life, taking exotic trips, and snorkeling whenever he could.And it was time for him to buy his own place again.The right home with a HUGE master bedroom (it was really big!) fell into our laps. Offer in, offer accepted, inspections, appraisals no problem. Easy deal, great closing.The next year, we were honored to attend Vince’s wedding. That’s right. He invited...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
At closings, us REALTORS are usually just there to smile, tell jokes, and answer questions.At the closing with Dusty and Maggie, I got to do a whole lot more!With another child on the way and a move from Georgia, Dusty and Maggie were looking for that family home close to Rapid City with a yard. We found a home with plenty of bedrooms and space in a Black Hawk neighborhood.Part of the financing required signatures from Dusty’s father who was still on the east coast. Easy stuff with our digital signature system!With closing just a few days away, I got the word Maggie was in labor.Fortunately, the Title Company was gracious enough to come to the hospital. We had a closing in the delivery recovery room!While Dusty and Maggie signed, I got my baby fix in holding the newborn (after 4 kids, I...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
5 years ago, Greg and Heather were referred to me by a mutual military friend.There was a little culture shock as we began looking for homes. After being in South Carolina with their large entryways, smooth walls, and white trim, our textured walls and popcorn ceilings weren’t what they were hoping for. We even talked with a builder about no texture on the walls. The estimate back from the mud guys was a considerable sum…It took some time to get used to homes in our area, but they did find a home with a 3 car garage they loved.Here they began their family with a baby girl and kitten!Duty would call again, however, sending Greg south.They took great care of their home. The pictures and videos looked so great! But they endured more unexpected twists and turns than most sellers should.Firs...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Buying A Home Should Be FunAn Emond Team Client Story   “Yellow Car!”I glanced sideways from driving to the next home I was showing Alex and Brittani to see what that was all about.Alex, in the back seat, swore under his breath.  In the next moment, blurted out “Yellow car!”“OK.” I said. “What’s going on?”It was their car game.  You get into the car, the game begins.  Whoever sees and calls the most yellow cars before getting out of the car wins.  School buses, construction vehicles, and other commercial vehicles excluded, of course.I loved that they felt comfortable enough around me that they could keep playing their game – even in my car showing homes.Didn’t take long before I was hooked and calling out yellow car as well.  My inexperience did not help me win any of the bouts, howeve...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Home Buyer LoansHome Style Renovation Program     Hi everybody! I'm Tristan Emond with Mindful Living Realty and this is Angelia with Gateway Mortgage. We're here at 15 Camp Drive just off Highway 385. We're gonna take a look at it and talk to you about some home buyer options. Ready to do this? Let's do it!Tristan: All right here we are, in this house. Obviously, we need some updating. There's some old, cool things here. But if I come in here, probably want some things taken care of.They probably don't want a heart bathtub.  How can a buyer fix this property up and and roll it into the loan? What kind of programs you have?Angelia: We have a really good one. It's called the Home Style Loan Program. What that means is, you can come in -have a purchase price, you can have your contractor...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
You Can't Turn Left HereA special edition of Tristan about Town    You Can't Turn Left HereHi I'm Tristan Emond with Mindful Living Realty.I've got a problem.I have a pet peeve of people turning left in places when the road is so busy turning left is an impossibility.So on this special edition of Tristan about Town... Rapid City: You Can't Turn Left Here.Welcome to O'Hara Stadium. There are football games, track and field games, and when you've got Central playing Stevens, everybody's here. There's people lined up all the way across the road. When things get out...you can't turn left here.The parking garage on Fifth Street. Lot of activities, lots things happening. This gets piled up all the time. You can't turn left here.You know, you really can't turn left here - it's a one way street...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Get Your Home Ready to SellTristan and his WHITEBOARD - LIVE!  Get Your Home Ready for Sale!  Don't wait too long!  Hey Everybody! I'm Tristan Emond with Mindful Living Realty.Welcome back to Tristan and his WHITEBOARD - LIVE!Today we are talking to home sellers who are thinking about getting your home ready for sale.And I know that every REALTOR will probably tell you, "Yup. You got it ready, now is a great time to list!"I'm here to tell you now IS a great time to list.Lemme tell you why.Since January 1st, where in one of my last videos I reported we had a really low amount of inventory, we have put well over 100 plus homes under contract. Over a hundred under contract.There was on property we looked at with a buyer, he decided not to put an offer on it, But eight offers on that one pr...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
We can be your real estate agent of the family…It’s one thing to have 2 closings in one day.It’s another when those 2 closings are from the same family – the parents AND the daughter.But…let’s back up a bit.Back in 2010, we helped the Fredrichs buy a cabin in the Hills for a vacation home.  They put love and sweat into it and made it into an amazing place!As time went on, they sent their family and friends to us for real estate transactions.Fast forward to 2018.  It was time to sell their cabin and buy a forever home closer to town.At the same time, their daughter Emily had been approved to buy her first home.We found the places they loved about the same time and scheduled the closing for the same day.  (their vacation cabin was under contract and was scheduled to close a few weeks late...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Conventional versus Government LoansTristan and his WHITEBOARD - LIVE!  Conventional Versus Government Mortgage Loans Hi everybody. This is Tristan Emond with Mindful Living Realty. Welcome back to Tristan and his WHITEBOARD - LIVE!Today I'm with Angelia Dale with Gateway Mortgage.And today we're going to talk about the difference between conventional and government loans. DownpaymentSo first of all, Angelia, give us a quick synopsis of what each one is. Okay so your conventional loans - they require a down payment. You know, anywhere between 5% and however much you want to put down. They're more your traditional loans that we do.Our government loans are FHA VA and Rural Development. Some of them require 0% down up to 3 1/2% down for the FHA loans.Okay so biggest difference at this poin...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
The Dream Came True - an Emond Team Client StoryOn December 1, 2011, Jessica posted on her Facebook status:“Someday I aspire to own a home on the Boulevard.”Someone should have warned her about putting things out there… 😊In the fall of 2014, we listed a historical home on 11th street. The owners had bought it as a complete fixer-upper. They had worked to make it a cute space while retaining as many of the historical pieces as possible.The open houses on this property were phenomenal! But…the comments were the same. People loved the idea of an old home, but they really didn’t want to live in one.The following Spring was the beginning of Jessica’s dream. She called me to view the home. As she walked through the living room, the floors creaked. Her eyes lit up.I knew she was a buyer that w...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
2018 Rapid City Real Estate MarketTristan and his WHITEBOARD - LIVE!  Rapid City Real Estate Market in 2018. Hi everybody - happy 2019 and welcome back to Tristan and his WHITEBOARD LIVE! So... of course we need to check out the 2018 Rapid City residential real estate numbers. See what happened last year. So, you can see up here I've got a bunch of numbers. We're gonna go over a few things - we'll look at how things went. We see the last year we were up 6 and 1/2 percent on our average sold price from 2017. What was really interesting to me was that in 2012 - since 2012 we're up 21%.  So steady growth - consistently - in our market as far as sold price is concerned. I like to look at the price points that are selling the most to kind of give you an idea of where all the action is going ...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Should You List Your Home in Winter? Tristan and his WHITEBOARD - LIVE!     Should you list your home in the winter?  Or keep it active through the Holiday Season? Hi everybody!  This is Tristan Emond with Mindful Living Realty.Welcome back to Tristan and his WHITEBOARD - LIVE!Today we're going to talk about something that's pretty important as we're getting close to the holiday season and winter. And that question is: should you keep your home on the market or should you list your property through the holidays and the winter time?  And the answer actually is - it depends!  (of course, right?) Less CompetitionMy first point for the reason that you should keep your home on the market or still list your property is there is less competition.  You've got people that are like "You know, I'm...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
 Sometimes we have to win our clients over.Bad past experiences with another realtor can really suck.In 2013, Brian and Mahala’s kids were gone. It was time to downsize from their family home to a West Boulevard charmer.A mutual friend hooked us up and we got the call to help out.We had our work cut out for us.When Brian and Mahala originally bought their home, Brian never felt like his agent had their back. He silently questioned his loyalty and whether or not their best interests were really at the forefront Which led to a general distrust of realtors.Understandable...Since Mahala’s job at the time allowed minimal contact during the day, Brian became the guy to deal with “them thar” realtors.Sarah and I were managing both transactions at once – making sure the buyer bought their house...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Tristan and his WHITEBOARD - LIVE!Rapid City Home Sewer Line Issues and the Home Sale  Sewer line issues and the home sale.Hi everybody, this is Tristan Emond with Mindful Living Realty.Welcome back to Tristan and his WHITEBOARD - LIVE!Yes, I've got drawings on my board already and no - my kids did not draw them...I did.  Yes, I am an artist. I've even got the sun shining on the house!Today, we're going to talk about sewer lines.  And this is a very important thing to talk about when it comes to the buying and selling transaction because...we will talk about now!The sewer line, as we know, runs from the house all the way to the street.  As a homeowner in Rapid City, you are responsible for everything from here to where it connects into the city line.Now, normally that's not a problem.  ...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Do you Need 20% Down to Buy a Home?Tristan and his WHITEBOARD - LIVE!  Hi everybody, this is Tristan Emond with Mindful Living Realty.Welcome back to Tristan and his WHITEBOARD - LIVE.Here again with Angelia Dale with Gateway Mortgage.Today we're going to talk about something that's kind of prevalent in the mortgage industry, especially.It's the thought form that you have to have 20 percent down to buy a home.  And hey - who has that kind of money anymore? I mean, if you do, you know, you can bring my way...Anyway, so this question is: "Do you really need 20 percent down to buy a home in today's market?"You don't!  So, there are...we have our conventional loans which you can do 5% down.You can do the government loans which require zero to three and a half percent down.There's a lot of d...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Four Minutes to Beat the CompetitionAn Emond Team Client Story  FOUR Minutes.  It only took 4 minutes for Claton and Renee to beat out the competition and get their home.Wait, wait.  Let’s back up….Claton and Renee were ready to buy a home.  Kid was on the way, their space was too small…it was time.They had some unique needs in a Westside home that, quite honestly, I was skeptical we could find in their budget.But then we walked into what would be their new home.  (spoiler alert)It was springtime.  In Rapid City.  And the market was hot.  I called the listing agent to let him know an offer was coming.  He had just received one that day.BAM.  Bidding war.Claton and Renee were not discouraged.  They presented a strong offer that included a “we’ll pay ‘x’ more than those guys” clause.The n...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
The BeginningIt was getting cramped in the double wide mobile home.Michael and Seth were in bunk beds in one room and Isaiah and Emily shared the other.Fortunately, that was on the other side of the house from our master bedroom. 😁 On those cold winter days when the kids didn’t get a chance to go outside, the open living room/kitchen/dining room got a bit noisy. Fortunately, real estate was took off in 2008 and we got the thumbs up to look for a home. It was a simple matter: the BIGGEST house for our budget. (those 4 kids ain't gonna get any smaller!) Our First "Real" Home We settled on a 4 bedroom split level home with detached garage. The previous owner had built an addition on the side giving us a family room upstairs and unfinished bedroom in the basement. This is where my kids have...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Rapid City Real Estate Market ReportSummer 2018 by Tristan and his WHITEBOARD – LIVE!    Hey Everybody I’m Tristan Emond with Mindful Living Realty. Welcome back to Tristan and his WHITEBOARD- LIVE!So, let’s take a look at some of the numbers we’ve got for the summer from May through August.  I put it into very high tech fancy graphic I got going on here.So you can see the active numbers in 2017 vs 2018.  And we actually had quite a few more active in 2017 than we did in 2018.However, the solds are about the same as far as the number.Then we can see a pretty normal downhill trend towards August as people are finishing vacations and that kind of thing. Usually we see things kind of boot back up come September.  We’ll see how things go from there.You can see here – since we have so many s...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Tristan and his WHITEBOARD - LIVEApril 2018 Rapid City Real Estate Market Report Edition! (sorry about the audio - FB LIVE recorded bad...the voice will sync about 25 seconds in) Hey everybody. Welcome to Tristan and his WHITEBOARD LIVE - real estate market edition.We'll be talking about four -  just FOUR numbers today.  It should be pretty simple, pretty easy.44 Days on MarketSo, I did a search and I looked at days on market of homes in April of this year and it's at 44. So, we've got 44 days on the market from the time home gets on the market to the time it's under contract on average throughout the Rapid City area in April of 2018.  And that's actually a few days down from 2017 in April last year as well.  And last year was pretty butt-kicking as well.38 Days on MarketBut then I thou...
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