Unlock Hidden Investment Opportunities: Why Now is the Best Time for 1031 Exchanges in Real Estate
Why This Time of Year is Perfect for 1031 Exchanges in Real Estate If you’re thinking about making some moves in real estate, now might be the perfect time to consider a 1031 exchange. This time of year is especially popular for 1031 exchanges, which are a way to swap one property for another witho
Read MoreHow Low Mortgage Rates Are Shaping Supply and Demand in the Black Hills Real Estate Market
The real estate market is driven by the principles of supply and demand, and few factors influence these dynamics as much as mortgage rates. The historic lows in mortgage rates experienced during the COVID-19 pandemic created unique conditions that still impact today’s housing market. For areas li
Read MoreTop Compromises Homebuyers are Making in 2024
For the first time since 2020, housing affordability improved year over year. This is largely due to a drop in mortgage rates, which have dipped from 7.07% to 6.09% over the past year. While this is undoubtedly great news for home buyers, affordability remains a challenge for many. According to re
Read MoreWhat the Fed’s Rate Cut Means for the Housing Market
By now, you’ve probably heard about the news: the Federal Reserve recently cut interest rates for the first time in four years. But what does that really mean for home buyers and sellers? You might be wondering how this impacts mortgage rates, home prices, or your ability to make a move in today’
Read MoreHow the 2024 Presidential Election Might Affect the Housing Market
No matter how many elections you’ve lived through, each one can feel a bit like a wildcard when November draws near and you’re wondering whether you should make a move—or wait until the dust settles. Generally speaking, presidential elections have only a small and temporary impact on the housing ma
Read More6 Things You Need to Know About The Changes to the Real Estate Industry
A little backstory: Back in March, the National Association of Realtors (NAR) agreed to a settlement deal. The organization agreed to both a monetary settlement as well as real estate practice changes aimed at providing more transparency regarding how real estate agents are paid. But how exactl
Read MoreBoost Your Home’s Appeal with These Affordable Upgrades
When it comes to selling your home, making a great first impression is crucial. But what if you don't have the budget for a major renovation. Luckily, new data from Zillow and Thumbtack reveal that you don't need to break the bank to boost your home's appeal. "Certain low-lift projects can delive
Read More194% ROI?! Unveiling the Home Remodeling Projects That Actually Pay You Back
Thinking about sprucing up your home? Whether you're planning to sell soon or just want to enhance your living space, remodeling can be a great investment. But not all projects offer the same return—especially since home repair costs have risen 40% since 2019. I know remodeling costs today can be
Read MoreTop Mortgage Assistance Programs in South Dakota
A recent study by Fannie Mae revealed a surprising lack of confidence among consumers about the mortgage process. There’s good reason to feel a little cautious. Here in the Valley, home prices have risen 59% since 2020, and mortgage rates have also climbed. However, homeownership remains a top pri
Read MoreWhy 36% of Americans Choose Real Estate for Long-Term Wealth
When it comes to long-term investments, Americans have a clear favorite: real estate. According to a recent Gallup poll, 36% of Americans believe real estate is the best long-term investment, outpacing stocks (22%), gold (18%), savings accounts (13%), bonds (4%) and cryptocurrencies (3%). Why i
Read More4 Mortgage Loan Mistakes That Could Cost You Money
There’s nothing like the moment when you’ve found your dream home. It’s easy to get caught up in the excitement and make moves to finalize everything as quickly as possible. And while timeliness is important, it can lead to mistakes that end up costing you thousands. Here are the four biggest mis
Read MoreHome Insurance on the Rise? Here's How to Save on Rates in 2024
Now, more than ever, having the right home insurance is essential. But with rates on the rise, how do you ensure you're getting the best coverage without breaking the bank? Let's explore the ins and outs of home insurance and uncover some strategies to secure the best deal for your home in the Bl
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