If you're considering selling your home, you're probably wondering, “What are the costs involved?” The answer depends on a mix of factors, from the offers you receive to possible repairs, closing costs, and agent commission. Here’s a closer look at the expenses you might expect when selling your home in Brookings, South Dakota.

1. Closing Costs and Agent Commission

When you close on the sale of your home, there are several costs that come with it. Closing costs cover various fees associated with the transaction, such as title insurance, transfer taxes, and attorney fees. Sellers often cover their own closing costs but sometimes offer to pay a portion of the buyer’s as a concession, which could help close the deal faster.

Another expense at…

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Lately, it seems everyone is talking about the economy and whispers of a possible recession are spreading fast. But here’s the good news for homeowners in Brookings, South Dakota, and nearby areas: there’s no reason to panic. While we’re certainly facing some economic uncertainty, the current state of the housing market is far stronger and more stable than it was during the 2008 crash. Here’s a closer look at why we’re not headed for a repeat—and how Shane Andersen and the Brookings Home Team can help you navigate today’s housing landscape.

1. Demand for Homes Is Outpacing Supply

One of the biggest factors behind the housing crash in 2008 was an oversupply of homes. Back then, the market was flooded with properties, and there simply weren’t…

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Has your home been sitting on the market longer than you expected? If so, it's only natural to feel frustrated. You might even be considering pulling the listing and waiting to see what 2025 brings. But before you make any decisions, it’s important to know that taking your home off the market now could actually cost you in the long run.

In Brookings, South Dakota, and the surrounding areas, the real estate market tends to fluctuate with the seasons, but right now might be the perfect time to stay the course. Let’s dive into why keeping your home on the market through this season could be the smarter move—and how Shane Andersen and the Brookings Home Team can help you make the most of it.

Other Sellers Are Pulling Back – Should You Follow?

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3214 Sunnyview Dr, Brookings, SD

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$ CLICK FOR CURRENT PRICE 4 BEDROOMS 3 BATHROOMS 2.17 acres Lot

Welcome to your dream home! Nestled north of Brookings- this charming 1954 Ranch-style residence offers a perfect blend of classic character and modern comfort. Spread across 2 acres of serene, acreage-like setting, this generous property boasts over 2,400 finished square feet of living space, providing ample room for your family and lifestyle. Step inside and be greeted by a beautifully updated kitchen that will inspire your inner chef. Featuring sleek countertops, appliances, and abundant…

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1126 42nd St, Brookings, SD

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$ CLICK FOR CURRENT PRICE 4 BEDROOMS 2 BATHROOMS 0.97 acres Lot

Welcome to a peaceful country living just minutes from Brookings. This 4 bedroom 2 bath ranch-style home offers the perfect blend of comfort, space & convenience. Step inside & be greeted by a large, inviting living room featuring a tile entry, wood-burning fireplace, & vaulted ceiling. You'll find an abundance of cabinets and a built-in desk in the kitchen. The attached 24 x 26 heated garage is complete with floor drains, tile floor, garage door openers and…

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Have you been dreaming about upgrading to a bigger or nicer home in Brookings, South Dakota, or the surrounding area? If so, you’re definitely not alone. A recent survey by Inman highlights that many homebuyers are on the hunt for more space or better features in their next home. Whether it’s an extra bedroom, a larger kitchen, or simply a home in a more desirable neighborhood, moving up is top of mind for many homeowners today.

But maybe you’ve been holding off because of concerns about market conditions or affordability. It’s understandable—planning a move that could raise your housing costs requires careful timing. Here’s the good news: now could actually be the ideal time to make that upgrade. Here’s why you might want to consider taking the…

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Lately, you’ve probably seen headlines talking about the median asking price of homes dropping compared to last year. This kind of news can cause confusion for buyers and sellers alike, making it seem like home values are falling. But here’s the deal: those headlines don’t tell the full story, especially in a market like Brookings, South Dakota, and the surrounding areas.

While it’s true that the median price has dipped, it’s important to understand what that really means before you jump to conclusions. Let’s break down the details so you can navigate the housing market with confidence, whether you're looking to buy or sell.

Why the Median Price is Lower—But Home Values Are Still Rising

The key to understanding this trend lies in the types…

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Watching your home sit on the market with no offers coming in can be frustrating—especially when you’re ready to move on to your next chapter. You’re not alone in this. Many sellers in Brookings, South Dakota and surrounding areas are experiencing this challenge today.

According to data from the National Association of Realtors (NAR), the average time a house stays on the market has been increasing. This is a trend that’s becoming more common nationwide. As Realtor.com recently noted:

"During the week ending Sept. 14, homes stayed on the market eight days longer compared to last year. With more choices available and mortgage rates expected to fall, buyers are taking their time, which means sellers will need to be patient and flexible.”


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If you’ve been sitting on the sidelines, watching mortgage rates soar and waiting for the right time to jump into the housing market, you’re not alone. For months, potential homebuyers have been holding off due to high rates and affordability concerns. But today’s market conditions might just be the sweet spot you’ve been waiting for—and it might not last long.

Why Are Buyers Moving Now?

Mortgage rates are finally starting to trend down, which means affordability is improving for many prospective buyers in Brookings, South Dakota, and surrounding areas. This creates a window of opportunity that could help you get into the home you’ve been dreaming of. If you’ve had your plans on pause, now’s the time to ask yourself an important question: What…

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If you’ve been renting for a while, you’ve probably wondered when the time will come when buying makes more sense than continuing to rent. Well, good news—recent data suggests that time might be now! According to a recent Zillow study, in 22 of the 50 largest metro areas across the country, monthly mortgage payments are now lower than rent (see chart below for the numbers). While Brookings, South Dakota, isn’t one of these major metro areas, the trends we’re seeing nationwide could mean that buying a home in our area may soon become a more affordable option.

The Current Market: What’s Changing?

As mortgage rates ease from their recent peak and home prices stabilize, the affordability of purchasing a home is improving across the board. In many…

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