Real Estate Blog

Open House in Volga South Dakota

408 Dakota Ave, Volga, SD

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4 BEDROOMS | 1 full, 1 ¾ baths BATHROOMS | 1810 SqFt

Check out this 4 bedroom, 2 bath home in a great neighborhood that is close to the schools. It has a newly remodeled kitchen and LL bathroom along with a new composite front deck. There is a kitchenette in the lower level. Spacious lot and nice mature trees for added shade. Home is wired for Valley Fiber Com. Box is above the water softener.Seller is giving a $5,000 credit towards shingles.

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Open House-1303 Westminster Dr-Brookings

1303 Westminster Dr, Brookings, SD

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5 BEDROOMS | 1 full, 1 ¾ baths BATHROOMS | 1880 SqFt

ON THE STREETS OF WESTMINSTER...This split level home is not in London and Abbey is no where near, but it is very close to a park and 3 schools. Feel like Chef Gordon Ramsay in the beautiful kitchen full of cabinets and counter space. The 16x16 deck will be a great place to entertain or just enjoy the evening stars. This home flaunts 2 updated bathrooms and 5 bedrooms. But the best, and most enjoyable room will be the indoor Swim Spa/Whirlpool room. It won't…

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Is Now a Good Time to Move?

How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time to be in one place, considering the average length of time homeowners used to stay put hovered closer to 6 years.

With today’s changing homebuyer needs, especially given how the current health crisis has altered our daily lifestyles, many homeowners are reconsidering where they’re at and thinking about moving to a home with more space for their families. Here’s why it might be a great time to make that happen.

The real estate market has…

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Two New Surverys Indicate Urban to Suburban Lean

There has been much talk around the possibility that Americans are feeling less enamored with the benefits of living in a large city and now may be longing for the open spaces that suburban and rural areas provide.

In a recent Realtor Magazine article, they discussed the issue and addressed comments made by Lawrence Yun, Chief Economist for the National Association of Realtors (NAR):

“While migration trends were toward urban centers before the pandemic, real estate thought leaders have predicted a suburban resurgence as home buyers seek more space for social distancing. Now the data is supporting that theory. Coronavirus and work-from-home flexibility is sparking the trend reversal, Yun said. More first-time home buyers and minorities…

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Virtual School Is Changing Homebuyer Needs

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Some Highlights

• With remote learning sweeping the nation this academic year, organized spaces with enough room for kids to learn effectively are high on buyer wish lists.
• If you’re trying to make room for your family’s growing needs, multi-purpose rooms and dedicated workspaces may be features to consider in your next home.
• Let’s connect today so you can find a home where your kids feel confident and comfortable too.

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!

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Homebuyer Traffic Is on the Rise

One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he will be right.

ShowingTime, a leading showing software and market stat service provider for the residential real estate industry, just reported on their latest the ShowingTime Showing Index:

“Home buyer traffic jumped again in July, recording a 60.7 percent year-over-year increase in nationwide showing activity.”

That means there are 60% more buyers setting appointments to see homes than there…

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The Latest Unemployment Rate Fell t 8.4%

Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it is tough to look at this as great news when millions of Americans are still without work, the number of unemployed is currently much lower than most experts had projected it would be just a few months ago.

Not Like the Great Depression or Even the Great Recession

Jason Furman, Professor of Practice at Harvard explained:

“An unemployment rate of 8.4% is much lower than most anyone would have thought it a few months ago. It is still a bad recession but not a historically unprecedented event…

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Open House in Brookings South Dakota-2312 Morning Glory Dr

2312 Morning Glory Dr, Brookings, SD

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4 BEDROOMS | 2 full, 1 ¾ baths BATHROOMS | 2378 SqFt

Meticulously cared for split foyer home has 4 bedrooms & 3 bathrooms and is in a great neighborhood. It's in like new condition and features an open floor plan with tiled back splash, 5 buner gas stove, pantry and soft close drawers/cabinets in the kitchen. ALL the appliances are included! The 3 stall garage in insulated, sheet rocked and heated. The sellers have done a beautiful job with all the landscaping and perennials they have planted,…

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Have You Ever Seen a Housing Market Like This?

The year 2020 will certainly be one to remember, with new realities and norms that changed the way we live. This year’s real estate market is certainly no exception to that shift, with historic highlights continuing to break records and challenge what many thought possible in the housing market. Here’s a look at four key areas that are fundamentally defining the market this year.

Housing Market Recovery

The economy was intentionally put on pause this spring in response to the COVID-19 health crisis. Many aspects of the common real estate transaction were placed on hold at the same time. Thankfully, technology and innovation helped the industry power forward, and business gradually ramped back up as shelter-in-place orders were lifted.

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For Sale In Volga South Dakota-407 Lincoln Ln

407 Lincoln Ln, Volga, SD

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4 BEDROOMS | 1 full, 1 ¾ baths BATHROOMS | 1881 SqFt

Beautiful corner lot is perfect for this 4 bedroom, 2 bath home. The large kitchen has a vaulted ceiling, pantry with roll-outs, and island. The dining area has sliding doors to the deck. ALL kitchen appliances are included! A pellet stove in the family room keeps you feeling warm and cozy as fall approaches. The garage has a propane heater and has a concrete pad beside the garage. Sellers have just replaced the garage doors, painted the deck, did some interior paint and had the exterior of…

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