லோரி மோஎன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from லோரி மோஎன். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In லோரி மோஎன் Today - Breaking & Trending Today

South Dakota home sales made competitive by interest rates, inventory


View Comments
Historically low interest rates, a rush of out-of-state homebuyers, limited inventory and higher construction prices for new homes have made for a frenzied housing market that has put homeownership further out of reach for some South Dakota residents. 
The highly competitive housing market is leading to a range of outcomes often seen in coastal states but rarely in South Dakota.
First-time homebuyers or those looking for properties at an affordable price have found themselves in bidding wars with others willing to pay $20,000 to $60,000 above list price. Offer prices are being driven up by high demand from out-of-state residents moving to South Dakota for work, the lifestyle or because they approve of how the state operated during the pandemic. Everyone is competing for a smaller pool of homes on the market, and some South Dakota homes are selling in less than two days. ....

Sioux Falls , South Dakota , United States , Rapid City , Pennington County , Lynn Morris , Macy Trautner , Bryan Achbach , Adam Christensen , Lori Moen , Eilish Otoole , Roger Chase , Beth Meyer , Lakota Federal Credit Union In Pine Ridge , Governor House Program , Redevelopment Commission , National Association Of Realtors , Lutheran Social Services , Pennington County Housing , National Association , South Dakotans , House Program , Grow South , Mike Durfee State Prison , Native American , Lakota Federal Credit Union ,