Buyer Topics

Topics that are focused on real estate home buyers.

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Buyer Topics Rapid City and Black Hills Real Estate Market Report for November 2024 Coldwell Banker BHL Market Report November 2024. The number of active listings on the market increased from the same time last year. The average days on the market is comparable to the same time last year. Overall, prices are up when compared to a year ago. The real estate market report also includes several interesting […]
Buyer Topics Pricing and Amenities Why do some homes sell more quickly than others? The first answer is typically price. If a home is priced below market value and there is a demand for homes, it will usually sell very quickly. The drawback is if you price your home too low you might be leaving money on the table. That’s […]
Buyer Topics Halloween – John Wayne Gacy With Halloween quickly approaching I thought I would dive in a little deeper into the macabre side of real estate. In the past I’ve written about haunted houses and property disclosure statements. Here’s another aspect of it… John Wayne Gacy was a notorious serial killer who lived outside of Chicago. He was known as the […]
Buyer Topics Haunted Houses and Property Disclosure Statements Buying or selling a home shouldn’t be scary—as long as you have a good Realtor® protecting you along the way.  But it’s that time of year when it’s fun to think about scary things. How about haunted houses? Perhaps you might remember “Poltergeist” when they find out that their home was built on a cemetery. […]
Buyer Topics Rapid City and Black Hills Real Estate Market Report for October 2024 Click here for the Rapid City and Black Hills Market Report for October 2024. The number of active listings on the market increased from the same time last year. The average days on the market increased slightly compared to the same time last year. Overall, prices are up when compared to a year ago. The […]
Buyer Topics October is Black Cat Awareness Month As Halloween approaches, and you plan for trick or treaters to visit your home, you may be thinking about getting more candy. It might be to replace the candy that you had already purchased for trick or treaters but ended up eating yourself. You may be frantically thinking that you need to make a costume […]
Buyer Topics Presidential Elections and the Housing Market As the presidential election quickly approaches, you may be wondering what it is doing to the real estate market. The history on presidential elections and the real estate market is sketchy at best. In 2020, the 40-year history provided a very slight decrease in prices over that span. How slight? Less than 1%—actually only 0.22%. […]
Buyer Topics Rapid City and Black Hills Real Estate Market Report for September 2024 Click here for a link to the Coldwell Banker BHL Real Estate Market Report for September 2024 The number of active listings on the market increased from the same time last year. The average days on the market increased compared to the same time last year. Overall, prices are slightly higher when compared to a […]
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Buyer Topics The City of Presidents – Rapid City If you live in the Black Hills or want to move to the Black Hills, there are many fun activities in this beautiful area. You can even go to downtown Rapid City for a meal and then wander around downtown and visit the Presidents. Rapid City is nestled at the foot of the beautiful Black […]
Buyer Topics Home Buying and Recreational Activities Okay, so you’re thinking of buying a home. You are concerned about what the home should look like and what amenities it should have. You should also think beyond the property survey boundary lines. Buying a home has many facets that are important. If you like outdoor recreation, there are many things to consider that […]
Buyer Topics First Time Home Buyer Assistance Programs Are you looking at Rapid City homes for sale and have finally decided that it’s time to stop looking and buy? If you are looking at purchasing your first home, there are many factors that go into determining how much you can afford. The best way to find out for sure is to meet with […]
Buyer Topics Lustron Homes – Futuristic and Ahead of their Time At the height of the pandemic in 2020, I had the opportunity to purchase a home that many people would have overlooked. It was an odd home. It was built in 1950 and is basically an all-steel house. All steel? Well, almost. Let me first give you a little bit of history. After World War […]
Buyer Topics Location, Location, Location When buying a home, you’ve probably heard the phrase a million times, “Location, location, location.” What does it really mean? Why is it so important? One of the most interesting things about real estate is that no two properties are exactly alike. You may be thinking that you’ve seen developments with many homes that are […]
Buyer Topics Rapid City and Black Hills Real Estate Market Report for July 2024 Click here for a link to the Coldwell Banker Real Estate Market Report for July 2024. The number of active listings on the market increased from the same time last year. The average days on the market increased compared to the same time last year. Overall, prices are down from the same when compared to […]
Buyer Topics Settling Cracks: When to Worry and How to Protect your Foundation Many homes will experience settling cracks. As the home adjusts to its place in the world (and the soils beneath it adjust to the pressure), a home will settle into its location. Settling typically occurs in the first three years of a home’s existence. When a house settles, it may create some small, thin cracks […]
Buyer Topics The Fourth of July – Fireworks and Pets Independence Day can be a fun time to go and watch incredible fireworks displays, but your pets may enjoy the celebration nearly as much. Animals have more sensitive hearing than humans and that sensitivity makes explosions from fireworks that much worse. Some pets will also have issues during thunderstorms. I had a dog that greeted […]
Buyer Topics Smells, Scents and Odors “Ooooh that smell Can’t you smell that smell Ooooh that smell The smell of death surrounds you” – from “That Smell” by Lynyrd Skynyrd The southern rock band Lynyrd Skynyrd weren’t talking about home smells, but the chorus works for it. Many home owners who are trying to sell their home may have an uphill […]
Buyer Topics Rapid City and Black Hills Real Estate Market Report for June 2024 Click here for a link to the Rapid City and Black Hills Real Estate Market Report for June 2024. The number of active listings on the market increased from the same time last year. The average days on the market increased compared to the same time last year. Prices are up from the same when […]
Buyer Topics Historical Perspective on 30-Year Mortgage Interest Rates Over the past two years, interest rates have been climbing. Expectations by most economists are that interest rates will level off and potentially decline again. Most projections have 30-year mortgage interest rates falling below 7% this year and eventually falling to the low 6% range (or high 5% range) for next year. Some people may […]
Buyer Topics Rapid City and Black Hills Real Estate Market Report for May 2024 Click here for a link to the Rapid City and Black Hills Real Estate Market Report for May 2024. The number of active listings on the market increased from the same time last year. The average days on the market increased compared to the same time last year. Prices are close to the same when […]

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