1632 Main Ave S, Brookings, SD

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4 BEDROOMS | 3 Baths (1 full, 2 ¾ bath ) BATHROOMS | 2329 SqFt

LOOK AT THIS SPACE! Well maintained Ranch home with over 2300 finished sq. ft. You have room to entertain with 2 large family rooms, living room and a kitchen that anyone would love. There is still enough great days to enjoy the 3 Season room, just off the family room, bug FREE! Then in the winter days, enjoy the gas fireplace in that same family room. Potential to add a 5th bedroom in the lower level . Park the toys in the oversized 2 stall garage or…

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907 6th St, Brookings, SD

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5 BEDROOMS | 3 Baths (1 full, 2 ¾ bath ) BATHROOMS | 2671 SqFt

FIT FOR A KING! You have driven by it many times. It has been a majestic site for many, many years. And now it is your chance to have a little piece of history. Starting with the Carriage house, or detached garage now. Then the added attached double stall garage. As you tour this grand home, notice the hardwood floors through out. Kick up your feet in the Living Room, or Family room on the Main Level. Entertain in the formal dining room next to the beautiful…

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Home Price Appreciation Forecast | MyKCM

Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond.

We’ve gathered current data from the industry’s most reliable sources to help answer these questions:

The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and economists conducted by Pulsenomics each quarter.

Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real estate financing within ever-changing business environments.

Zelman & Associates – The firm leverages unparalleled housing market expertise,…

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Rocking our way through the summer with Downtown at Sundown

Summertime in Brookings is pretty special. Not only is there nice warm weather, but there’s also a great event called Downtown at Sundown. To sum it up in a quick elevator pitch, it features live music, local brews and food, kid friendly activities and a fun outdoor atmosphere. It takes place every Thursday night during July and August.

For the exact dates, you should check their website: www.downtownatsundown.org. This is an annual event going on five years already! It’s liked by so many it has become a community favorite and keeps coming back.

I can tell you, I’ve been to a couple of these Thursday concerts and thoroughly enjoyed them. Each week there is a different live band.…

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Should I Refinance My Home? | MyKCM

With the recent lower interest rates, many homeowners are wondering if they should refinance.

To decide if refinancing is the best option for your family, start by asking yourself these questions:

Why do you want to refinance?

There are many reasons to refinance, but here are three of the most common ones:

  1. Lower your interest rate and payment – This is the most popular reason. If you have a 5% interest rate or higher, it might be worth seeing if you can take advantage of the current lower interest rates, hovering below 4%, to reduce your monthly payment and overall cost of the loan.

  2. Shorten the term of your loan – If you have a 30-year loan, it may be advantageous to change it to a 15 or 20-year loan to pay off your…

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What a Difference a Year Makes for Sellers | MyKCM

Over the last few years, many sellers have been hesitant to put their houses on the market because they feared not being able to find another home to buy.

We’ve reported on inventory shortages in the past, and it’s been a constant concern for potential buyers throughout recent years. New research shows the inventory concern is starting to decrease among potential buyers.

According to First American, the two leading obstacles to homeownership that buyers feel today are Affordability and Limited Inventory. This means the feeling that homes are less affordable has risen, while the fear of limited inventory has decreased, delivering a wealth of good news for sellers.

At the same time, over the past 12 months, we’ve seen a steady…

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105 Brody Ave, Volga, SD

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4 BEDROOMS | 2 Baths (2 full ) BATHROOMS | 1852 SqFt

STILL LIKE NEW! This newer Ranch home still has a hint of that New Home smell and the owner was hardly home to get it dirty. 4 Bedrooms, 2 Baths and Main Floor Laundry supports this open Kitchen, Dining Room & Living room concept. Approx. 130x64 fenced in Lot with a new firepit, only used once and a large 12x16 shed (electricity) with a kennel. You can't let this one get away, Call Today For A Personal Showing.

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4 BEDROOMS | 2 Baths (1 full, 1 ¾ bath ) BATHROOMS | 1974 SqFt

LIVE LIKE A KENNEDY in this 4 Bedroom, Split Level home. Freshly painted rooms & kitchen cabinets. Both bathrooms updated with floors, vanity and a tile shower (lower level) and new flooring in the lower level bedroom. Sitting in a small town growing community and a dead end street and large lot, this home is ready to move right into. Seller had done a Pre-Listing Home Inspection and is available to any serious buyers. Call Today For A Personal Showing.

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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 Mark Waterman from Great Western Bank. Listen in as Mark gives a brief explanation of the benefits to paying more on your principle with a 30 year loan. You can reach him at 605.627.0602 or Mark.Waterman@GreatWesternBank.com  His office is located at 1302 6th St., Brookings SD 57006 or on the web at www.GreatWesternBank.com

 

 Paying More on your Principle 

 

- Good morning everybody, Shane here from the Brookings Home Team powered by Century 21. And again it's Monday morning, 8:15, ready to roll here.…

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5 Powerful Reasons to Own Instead of Rent | MyKCM

 

Owning a home has great financial benefits.

In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained:

“Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in ‘default’ savings with mortgage amortization and nominally fixed payments, and the potential to lower home maintenance costs through sweat equity.”

Let’s breakdown 5 major financial benefits of homeownership:

1. Housing is typically the one leveraged investment available

Homeownership allows households to amplify any appreciation on the value of their homes…

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