by rosaliesellssiouxfalls on March 17, 2011
As a full-time Sioux Falls Realtor, I have the time and energy to help you through the home buying or selling process. I love people and houses. Real estate is the perfect merging of those interests. Sioux Falls Real estate is a multi-faceted business that has much opportunity for error. Don’t make a mistake that could cost you thousands; call a professional!
Let me guide you through the process of buying a home, from finding your dream home to negotiating an offer to assisting you with inspections and title work. I will work for you until that final closing day when you get the keys to your new home! I specialize in residential homes and acreages. I absolutely love to work with historic homes.
If you are selling a home, let me show you what you can do to sell it faster and for what it is worth. Let me negotiate to get you the best price for your property. Calls, texts, or emails are welcomed at any time! I would love to be your Sioux Falls Realtor!
101 W. 69th St.
Sioux Falls, SD 57108
by rosalieevans on January 10, 2012
RASE December 2011 Housing Market Statistical Reporting
Sioux Falls, SD – January 9, 2012: There’s no way to be certain what 2012 will bring. However, a few things do seem clear enough to make some assessments. First, 2011 was not the recovery year it was expected to be. It was yet another “transition year” for most. Second, multi-decade low mortgage rates and suppressed home prices coalesced to form an attractive purchase environment. And buyers did just what their name implies. This has driven down inventory levels in many locales, which – thirdly – nudged the market balance toward equilibrium. Here’s how the final month of 2011 concluded the year.
New Listings in the Sioux Falls region decreased 26.0 percent to 191. Pending Sales were down 15.9 percent to 169. Inventory levels shrank 12.6 percent to 1,598 units, extending the signature trend of 2011.
Prices were off a bit. The Median Sales Price decreased 8.0 percent to $136,200. Days on Market increased 14.2 percent to 105 days. Absorption rates improved as Month’s Supply of Homes for Sale was down 14.3 percent to 6.4 months.
Ultimately, the upcoming spring market should be a major tell about the future direction of housing. Sellers are seeing multiple-offer situations; buyers are seeing sub-4.0 percent loans; supply-demand trends are more balanced. When it gets down to it, that’s a stable foundation and a far cry from 2009. While the fundamentals are better, the foreclosure situation and political unknowns remain wildcards. For now, enjoy the fresh canvas.
Greg Sax, 10k Research & Marketing
101 W 69th St.
Sioux Falls, SD 57108
