Found 21 blog entries tagged as Brookings South Dakota.

 

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Brookings Home Team

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

 
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2 BEDROOMS | 2 Baths (1 full, 1 ¾ bath ) BATHROOMS | 768 SqFt

ITS ALL ABOUT LOCATION HERE. Do you like being steps from the school, from the park, and from the aquatic center? Beautiful hardwood…

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3 BEDROOMS | 2 Baths (1 full, 1 ¾ bath ) BATHROOMS | 1670 SqFt

NEW SHINGLES & GREAT LOCATION!  Stop looking and take a look at this well maintained home. Fresh interior paint and new shingles in 2018.  Over 1600 finished sq. feet to entertain with 2 Bedrooms on the main level and 1 in the lower level. All appliances are included with the Washer/Dryer new in 2019!  Be your own gardener, and raise tasty vegetables in the Raised Garden Bed in the backyard. This home is very close to schools, parks and shopping.  Call Today For A Personal Showing!

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How Pricing Your Home Right Makes a Big Difference | MyKCM

Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for the sale.

If you’ve ever watched the show “The Price Is Right,” you know the only way to win the game is to be the one to correctly guess the price of the item up for bid without going over. That means your guess must be just slightly under the retail price.

When it comes to pricing your home, setting it at or slightly below market value will increase the visibility of your listing and drive more buyers your way. This strategy actually increases the number of buyers who will see your home in…

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Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey | MyKCM

When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land their dream homes – unless they stand out from the crowd. Here are three reasons why pre-approval should be your first step in the homebuying process.

1. Gain a Competitive Advantage

Low inventory, like we have today, means homebuyers need every advantage they can get to make a strong impression and close the deal. One of the best ways to get one step ahead of other buyers is to get pre-approved…

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808 Christine Ave #104, Brookings, SD

Get Directions Click Here OPEN HOUSE Sat, 10:00AM to 11:30AM
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2 BEDROOMS | 2 Baths (1 full, 1 ¾ bath ) BATHROOMS | 1350 SqFt

Enjoy carefree living in this GROUND LEVEL condo which features 2 bedrooms plus an office/den. Open floor plan, some new appliances and faucets, fresh paint throughout and NEW beautiful flooring in all the rooms except the bathroom. It includes 2 garage spaces and a large storage area with a work bench and shelving. The community room is for you and your guests to enjoy. The HOA fees include water, sewer, garbage, lawn care, snow removal, and…

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Strength of the Economy Is Surprising the Experts | MyKCM

We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we would have a recession no later than the end of this year (2020). The same study done just three months ago showed more than one third of the economists still saw an economic slowdown right around the corner.

The news caused concern among consumers. This is evidenced by a recent survey done by realtor.com that shows 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur by the end of this year.

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Where Have All the Houses Disappeared To? | MyKCM

If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 10.8% from the same time last year. That exceeds expectations and is great news.

The troubling news from the report is that the sold inventory is not being replaced. As NAR explained,

“Total housing inventory at the end of December totaled 1.40 million units, down 14.6% from November and 8.5% from one year ago. Unsold inventory sits at a…

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The #1 Reason It Is Difficult to Find Your Dream Home | MyKCM

The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there is a shortage of homes available for sale in the lower price points. Boomers are staying in their current homes longer because there is a shortage of homes available for sale to which they would move. In certain markets, affordability is becoming more challenging because there is a shortage of homes available for sale.What’s the major reason for this lack of housing inventory?The issue was examined in a recent article by the National Home Builders…

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Should I Sell My House This Year? | MyKCM

If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload in the media circling around talk of a possible recession, the upcoming 2020 election, and more, Americans feel good about selling a house now. That’s some news to get excited about!

As the graph below shows, as of Q4 2019, 75% of people surveyed indicate they believe now is a good time to sell a home:

In the case of those with a yearly salary of $100,000 or more, the results jumped even…

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How Buyers Can Win By Downsizing in 2020 | MyKCM

Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home.

Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at an average of 3.8% for a 30-year fixed-rate loan.

The combination of leveraging your growing equity and capitalizing on low rates could make a big difference in your housing plans this year.

How to Use Your Home Equity

For move-up buyers, the typical pattern for building financial stability and wealth through homeownership works this way: you buy a house and gain equity over several…

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