Real Estate Blog

 

3 Graphs that Show What You Need to Know About Today's Real Estate Market | MyKCM

The Housing Market has been a hot-topic in the news lately. Depending on which media outlet you watch, it can start to be a bit confusing to understand what’s really going on with interest rates and home prices!

The best way to show what’s really going on in today’s real estate market is to go straight to the data! We put together the following three graphs along with a quote from Chief Economists that have their finger on the pulse of what each graph illustrates.

Interest Rates:

“The real estate market is thawing in response to the sustained decline in mortgage rates and rebound in consumer confidence – two of the most important drivers of home sales. Rising sales demand coupled with more inventory than previous spring seasons

6 Views, 0 Comments

Every Monday Morning at 8:15am, join me on my Facebook page as I sit down with a local lender, and do a live interview and talk about a Mortgage Tip that may help YOU with your next Real Estate Purchase. 

This morning I sat down with Emmy Lebert from Dakotaland FCU. Today, Emmy talked about the different types of verifications needed throughout the process of buying a home, and why each one is important.  You can reach Emmy at 605.697.5922 or emmyl@dakotalandfcu.com  Her office is located at 2423 6th St., Brookings SD 57006 or on the web at www.DakotalandFCU.com

 

Lines of Equity 

 

- All right, well here we go. Poof, here it is. Sorry for the delay guys, technical difficulty, we didn't have any connection here for a minute. But here

22 Views, 0 Comments

To share more about Brookings county and the community, I’d like to share some information about a large company that employs many people in the area, Larson Manufacturing. The company was founded in 1954 by Oscar Larson, initially called Larson Distribution Company, in Albert Lea, Minnesota. 

It’s an interesting story. Oscar was a 62-year-old homeowner trying to put up storm windows on the second story of his house – ah, the joys of owning a home! The experience led him to a one-man operation with the desire to produce a better product. He was now designing his own windows and opened a regional door, window and aluminum awning company that would only continue to grow.   

Exactly 10 years later, LARSON opened a plant in Brookings, South Dakota,

75 Views, 0 Comments

 

Why Pet-Friendly Homes Are in High Demand | MyKCM

One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers, rather than alienating the 68% of American households that have a pet!

If you are one of the many homeowners looking to list your home for sale, how do you stand out to the millions of pet parents searching for their dream home?

Whether a dog person, a cat person, or someone who prefers the company of another pet species, 99% of pet owners say that they consider their animal to be family. When finding a home, 95% of animal owners believe it is important that a housing community allows animals.

A study by the National Association

7 Views, 0 Comments

 

What to Consider When Choosing Your Home To Retire In |MyKCM

As more and more baby boomers enter retirement age, the question of whether they should sell their homes and move has become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.

According to the National Association of Exclusive Buyers Agents (NAEBA), there are 7 factors that you should consider when choosing your retirement home.

1. Affordability

“It may be easy enough to purchase your home today but think long-term about your monthly costs. Account for property taxes, insurance, HOA fees, utilities – all the things that will be due whether or not you have a mortgage on the

12 Views, 0 Comments

 

Homeownership is a Cornerstone of the American Dream |MyKCM

“The rumors of my death are greatly exaggerated.”

The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years.

That led to speculation that homeownership was no longer seen as a major component of the American Dream. That belief became so widespread that the term “renters’ society” began to be used by some to define American consumers.

However, the latest report by the Census Bureau on homeownership shows that over the last two years, the percentage of homeowners has increased in each of the last eight quarters.

Homeownership is a Cornerstone of the American Dream |MyKCM

15 Views, 0 Comments

501 E Wye Mesa, Brookings, SD

For Sale
  • Property Video
  • Description
  • Photos
  • Maps & Local
  • Schools
  • Print Brochure
  • More
  • Follow This Home!
  • Brookings Homes For Sale
  • Free Home Values
  • Mortgage & Refinance

Presented By:

Brookings Home Team

Broker Associate
Century 21 Krogman Co.
605-691-3023
Licensed In: South Dakota
License #: 14427

  • Link on Facebook
  • Link on Twiiter
  • Connect on YouTube
  • Connect on Google+
  • Connect on LinkedIn
 
  • Schedule a Showing/Request Info
Logo

$ Click for current price
3 BEDROOMS | 2 Baths (2 full ) BATHROOMS | 1568 SqFt

NEWER MOBILE HOME WAITS FOR YOU. This 2016 mobile home features 3 bedrooms, 2 full bathrooms, a large walk in master closet, and an open Kitchen, Family Room & Dining

14 Views, 0 Comments

 

10 Steps to Buying a Home [INFOGRAPHIC] | MyKCM

Some Highlights:

  • If you are thinking of buying a home, you may not know where to start.

  • Here is a simple list of 10 steps that you will go through to purchase a home.

  • Make sure to ask your agent for details about each step and what else may be required in your area!

 Thinking of selling and/or moving to Brookings, Volga, or any surrounding areas? Got questions? I’m here to help! Visit BrookingsHomeTeam.com for more details!

9 Views, 0 Comments

 



Last week, realtor.com released a survey of active home shoppers (those who plan to purchase their next home in 1 year or less). The survey asked their opinion on an impending recession and its possible impact on the housing market.

Two major takeaways from the survey:

  • 42% believe a recession will occur this year or next (another 16% said 2021)

  • 59% believe the housing market would fare the same or worse than it did in 2008

Why all the talk about a recession recently?

Over the last year, four separate surveys have been taken asking when we can expect the next recession to occur:

  1. The Pulsenomics Survey of Market Analysts

  2. The Wall Street Journal Survey of Economists

  3. The Duke University

13 Views, 0 Comments

1317 Breckenridge Cir, Brookings, SD

Get Directions Click Here OPEN HOUSE April 06, Saturday 10:00 AM - 11:30 AM
  • Property Video
  • Description
  • Photos
  • Maps & Local
  • Schools
  • Print Brochure
  • More

$ Click for current price
5 BEDROOMS | 3 Baths (2 full, 1 ¾ bath ) BATHROOMS | 2100 SqFt

YOU CAN HAVE IT ALL! If location is important to you, than look no further with this gorgeous, warm & comfortable home. Can you fill up the 5 Bedrooms, 3 Baths and over 2,100 finished sq. ft? New carpet and fresh paint in the lower level. Lots of storage through out and all of this sitting in a cul-de-sac next to schools, parks & shopping. Don''t wait any longer. Call Now For A Personal Tour!

  • Follow This
17 Views, 0 Comments