<?xml version="1.0"?><rss version="2.0"><channel><title>Sioux Falls South Dakota Real Estate News &amp; Listings Presented By Ameri/Star Real Estate</title><link>http://www.siouxfallsrealestate.info</link><description></description><lastBuildDate>Thu, 11 Mar 2010 13:34:26 GMT</lastBuildDate><item><title>Like New!  Ready for You to Move In!!</title><description><![CDATA[<img src="http://www.siouxfallsrealestate.info/property/1420-N-Conifer-Place-Sioux-Falls-South-Dakota/images/noimage.jpg?size=ListingThumbnail" title="" alt="No image available" style="float:left; padding:3px;" /><p>This is a 3 bedroom condo located in a west side neighborhood.&nbsp; There is good quality throughout this condo.&nbsp; The bright entrance area has a closet, supplemental heat and a door to the garage.&nbsp;</p>
<p>There are Dakota Kitchen &amp; Bath cabinets in the house. The kitchen has a breakfast counter and open area to the dining area.&nbsp; The very large dining area has a glass sliding door to a deck.&nbsp;&nbsp; The bedrooms have great sized windows and the master bedroom has a larger than usual double closet.&nbsp;&nbsp;&nbsp; The laundry is on the same level, in a finished room with the furnace.</p>
<p>The garage has an epoxy floor finish, great to keep clean.</p>]]></description><link>http://www.siouxfallsrealestate.info/property/1420-N-Conifer-Place-Sioux-Falls-South-Dakota</link><guid>http://www.siouxfallsrealestate.info/property/1420-N-Conifer-Place-Sioux-Falls-South-Dakota</guid><pubDate>Wed, 10 Mar 2010 23:47:30 GMT</pubDate></item><item><title>Exceptional Ranch Walkout</title><description><![CDATA[<img src="http://www.siouxfallsrealestate.info/property/209-N-Dewberry-Ave-Sioux-Falls-South-Dakota-2/i/213260/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p style="text-align: center;">Exceptionally gorgeous ranch walkout in picture perfect condition. Warm colors throughout. Entrance has oak floors. Sharp custom oak cabinets in bright kitchen with oak floors. Vaulted ceiling &amp; oak floors in dining area. Four season room has lots of windows with UV Sunblock cordless roller shades, cork floor &amp; cedar walls.(Note the ceiling fan is also a heater) Bedrooms have walk-in closets. Main floor laundry. Spacious walkout family room with sharp gas fireplace with tile &amp; oak surround. Oversized garage. Storage shed. Bus service to Rosa Park School.</p>]]></description><link>http://www.siouxfallsrealestate.info/property/209-N-Dewberry-Ave-Sioux-Falls-South-Dakota-2</link><guid>http://www.siouxfallsrealestate.info/property/209-N-Dewberry-Ave-Sioux-Falls-South-Dakota-2</guid><pubDate>Tue, 02 Mar 2010 22:15:34 GMT</pubDate></item><item><title>Tax Credit in Sioux Falls Real Estate</title><description><![CDATA[<div style="text-align: center;"><span style="font-family: arial black,avant garde;"><span style="font-size: 10pt;">KELOLAND TV interviewed me about the tax credit for move-up buyers and the first-time home buyers tax credit. </span></span></div>
<div style="text-align: center;"><iframe src="http://www.keloland.com/_video/_videoplayer_embed.cfm?VideoFile=022310mm" width="326" height="330" name="videoplayer" frameborder="0" scrolling="no"></iframe></div>
<div style="text-align: center;">To read the entire article, click <a href="http://www.keloland.com/NewsDetail6162.cfm?Id=96946">here</a>.</div>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Tax-Credit-in-Sioux-Falls-Real-Estate</link><guid>http://www.siouxfallsrealestate.info/Blog/Tax-Credit-in-Sioux-Falls-Real-Estate</guid><pubDate>Wed, 24 Feb 2010 02:00:00 GMT</pubDate></item><item><title>Instructions for Tax Credit</title><description><![CDATA[<p>For information on the First Time Homebuyer Credit and&nbsp; Repayment of the Credit</p>
<p>Click here:&nbsp; <a href="http://www.irs.gov/pub/irs-pdf/i5405.pdf">http://www.irs.gov/pub/irs-pdf/i5405.pdf</a></p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Instructions-for-Tax-Credit</link><guid>http://www.siouxfallsrealestate.info/Blog/Instructions-for-Tax-Credit</guid><pubDate>Mon, 15 Feb 2010 02:00:00 GMT</pubDate></item><item><title>Historical Hints in this 3 Bedroom House</title><description><![CDATA[<img src="http://www.siouxfallsrealestate.info/property/201-N-Covell-Ave-Sioux-Falls-South-Dakota/i/205695/0/t?pid=" title="Front of House" alt="" style="float:left; padding:3px;" /><p style="text-align: center;"><span style="color: #993300;"><strong><em>NEW VALUE&nbsp;&nbsp; $119,500</em></strong></span></p>
<p>Here's a house that will appeal to you in all sorts of ways. With its historical hints like much of the original millwork and window casings, woof flooring or the wonderful staircase, it will tug at your preservationist heart. Gracious formal dining will be in style too. There is even a little leaded glass in the living room window that overlooks the front porch. There are fun nooks and crannies to delight the kids. The lower level has, get this, a tree! With that and the chalkboard on the all, even indoor play days are fun. Now if age sounds like work, here is what has already been done for you. New high efficiency furnace, 3/4 bathroom added in the LL, the playroom is newly finished, replacement windows have been added in the upper level, washer/dryer added off the upper bathroom, new flooring in the kitchen and the yard has been fenced in. They even left the towel warmers! AND. . close to Covell Lake, the park, pool and band shell. Its only minutes to downtown activities.</p>
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<FONT  id="pictureDesc" class="mBlackText"></FONT> -->]]></description><link>http://www.siouxfallsrealestate.info/property/201-N-Covell-Ave-Sioux-Falls-South-Dakota</link><guid>http://www.siouxfallsrealestate.info/property/201-N-Covell-Ave-Sioux-Falls-South-Dakota</guid><pubDate>Fri, 22 Jan 2010 22:32:33 GMT</pubDate></item><item><title>Lots of Updating</title><description><![CDATA[<img src="http://www.siouxfallsrealestate.info/property/1513-E-25th-St-Sioux-Falls-South-Dakota/i/205425/0/t?pid=" title="Front of House" alt="" style="float:left; padding:3px;" /><p>A lot of updating has been done in this 4 bedroom house which is on a quiet street. New windows were installed in 1997 on the main and in 2004 the upper level. They installed all new and up to date wiring in 2001 along with a bathroom in the lower level and a electronic demand water system was installed. In 2000 a new roof along with gutters and down spouts were installed. New siding in 2004. In May 2007 new concrete was laid for the garage and new siding and gutters were installed. Kitchen with new appliances was remodeled in 2008 with new oak cabinets. A bonus room has a 11 feet of counter space and cupboards for a hobby or whatever with a door to the fenced backyard.</p>
<p>The main level has oak six panel doors. There are two water heaters. The insulated garage has 220 hookups and storage shelving. It is close to schools, park, bike trail and has easy access to the interstate.</p>]]></description><link>http://www.siouxfallsrealestate.info/property/1513-E-25th-St-Sioux-Falls-South-Dakota</link><guid>http://www.siouxfallsrealestate.info/property/1513-E-25th-St-Sioux-Falls-South-Dakota</guid><pubDate>Thu, 21 Jan 2010 17:11:56 GMT</pubDate></item><item><title>Open Floor Ranch Walkout</title><description><![CDATA[<img src="http://www.siouxfallsrealestate.info/property/7628-W-Stanford-Dr-Sioux-Falls-South-Dakota/i/205259/0/t?pid=" title="Front of House" alt="" style="float:left; padding:3px;" /><p style="text-align: center;"><strong><span style="color: #993300;">OPEN HOUSE, SUNDAY, MARCH 14, 2010 FROM 2:00 TO 3:30</span></strong></p>
<p>A 5 Bedroom Ranch walkout with an open floor plan and in a quiet neighborhood.&nbsp;Three of the bedrooms are on the main floor with the master suite having a walk-in closet, whirlpool tub, shower, twin vanity and lots of storage.&nbsp; The kitchen has Dakota Kitchen cabinets with a large kitchen island and a stainless steel appliances.</p>
<p>The new 4 season&nbsp;sun room&nbsp;was added in 2009 and has a wood floor and wood blinds.&nbsp; The main floor laundry is conveniently placed by the bedrooms.&nbsp; There are 9' ceilings and several double and triple tray ceilings.&nbsp; Two fireplaces to enjoy, one in the living room and one in the family room.&nbsp; This family room has a gaming and wet bar area with a high counter and lots of cabinets and a fireplace with a stone surround.</p>
<p>The house has an efficient furnace with a humidity control and zone heating.There is a continuous hot water system (Rinnai Heater). The 3 stall heated garage has a epoxy floor, hot/cold water, floor drain and an attic access.&nbsp; The yard is fully landscaped with an underground sprinkler system and a fenced backyard.&nbsp; The house was build by Dennis Barlage.</p>
<p>&nbsp;</p>]]></description><link>http://www.siouxfallsrealestate.info/property/7628-W-Stanford-Dr-Sioux-Falls-South-Dakota</link><guid>http://www.siouxfallsrealestate.info/property/7628-W-Stanford-Dr-Sioux-Falls-South-Dakota</guid><pubDate>Wed, 20 Jan 2010 19:22:35 GMT</pubDate></item><item><title>Great 5 Bedroom, 3 Bath Ranch</title><description><![CDATA[<img src="http://www.siouxfallsrealestate.info/property/5009-S-Lewis-Ave-Sioux-Falls-South-Dakota/i/205100/0/t?pid=" title="Front of House" alt="" style="float:left; padding:3px;" /><p>A great 5 bedroom, 3 bathroom ranch with lots of updates and new paint.&nbsp; In the living room there is a gas fireplace.&nbsp;&nbsp; The kitchen has lots of Dakota Kitchen cabinets with a breakfast island.&nbsp; There is a sliding glass door to a nice deck in the dining area with a bow area.&nbsp;&nbsp; There are three bedrooms on the main level with the master suite having a walk-in closet and a 3/4 bathroom.&nbsp; The ceilings are 9 feet on the main level.&nbsp; There is a main floor laundry room.</p>
<p>The landscaping has a sprinkler system and a fenced privacy backyard.</p>
<p>The schools are Robert Frost Elementary, Edison Middle School and Lincoln High School</p>]]></description><link>http://www.siouxfallsrealestate.info/property/5009-S-Lewis-Ave-Sioux-Falls-South-Dakota</link><guid>http://www.siouxfallsrealestate.info/property/5009-S-Lewis-Ave-Sioux-Falls-South-Dakota</guid><pubDate>Tue, 19 Jan 2010 19:38:26 GMT</pubDate></item><item><title>Information About Homebuyer Credit</title><description><![CDATA[<p>Ten important facts about the extended first-time <a href="http://www.irs.gov/newsroom/article/0,,id=215827,00.html">Homebuyer Credit</a></p>
<p>First-Time Homebuyer Credit <a href="http://www.irs.gov/newsroom/article/0,,id=204671,00.html">Expanded and Extended</a></p>
<p>Homebuyer <a href="http://www.irs.gov/newsroom/article/0,,id=215791,00.html">Credit Extended to April 30, 2010</a>.&nbsp; Some Current Homeowners now also qualify.</p>
<p>&nbsp;</p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Information-About-Homebuyer-Credit</link><guid>http://www.siouxfallsrealestate.info/Blog/Information-About-Homebuyer-Credit</guid><pubDate>Wed, 06 Jan 2010 02:00:00 GMT</pubDate></item><item><title>Tips For Saving Energy At Home</title><description><![CDATA[<p>&nbsp;</p>
<p><span style="font-family: 'Arial','sans-serif'; font-size: 9pt;">We have a couple items on Energy Efficiency that we would like to share with you. They come from the US Department of Energy. The first one is a 36 page booklet called <a href="http://www.siouxfallsrealestate.info/agent_files/Energy%20Savers%20Booklet.pdf">Energy Savers Booklet</a>. It&rsquo;s table of contents shows articles on Saving Energy &amp; Money, Your Home&rsquo;s Energy Use, Insulation and Sealing Air Leak, Heating &amp; Cooling, Water Heating, Windows, Lighting, Appliances, Home office &amp; Home Electronics, Driving and Car Maintenance, &amp; Renewable Energy. This booklet shows you how easy it is to reduce your energy use at home and on the road. The easy, practical solutions for saving energy include tips you can use today throughout your home-from the roof, walls, and insulation that enclose it to the appliances &amp; lights inside.&nbsp;&nbsp;</span></p>
<p><span style="font-family: 'Arial','sans-serif'; font-size: 9pt;">The second free handout we can share with you is a <a href="http://www.siouxfallsrealestate.info/agent_files/03802181.pdf">Home Buyer&rsquo;s Energy Efficient Checklist</a>. This is a 2 page checklist to give you ideas of what to check for while looking at houses. We would gladly email either of these to anyone that asks for it. If you want a printed copy we will mail that to you as an alternative to sending this through your email.</span></p>
<p>&nbsp;</p>
<p>&nbsp;</p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Tips-For-Saving-Energy-At-Home</link><guid>http://www.siouxfallsrealestate.info/Blog/Tips-For-Saving-Energy-At-Home</guid><pubDate>Mon, 04 Jan 2010 02:00:00 GMT</pubDate></item><item><title>Sioux Falls Ranked 12th Best Performing Small City</title><description><![CDATA[<p>We have continued great news! Sioux Falls was ranked #12 Best Performing Small Cities in Milken Institute annual ranking. Sioux Falls moved up from the #23 position from 2008. Cities are ranked on their ability to create &amp; sustain jobs. This shows that our city is doing well economically especially compared to the rest of the cities. This is an additional compliment to our housing market &amp; also our industry here. Here is a link to the article on the web<strong>&nbsp; <a href="http://tinyurl.com/siouxfallsranks12th">http://tinyurl.com/siouxfallsranks12th</a>&nbsp;The other 2 Midwestern that are in the report are Bismark, ND (#8) &amp; Fargo ND (#10). We are definitely living in a great place. </strong></p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Sioux-Falls-Ranked-12th-Best-Performing-Small-City</link><guid>http://www.siouxfallsrealestate.info/Blog/Sioux-Falls-Ranked-12th-Best-Performing-Small-City</guid><pubDate>Sat, 21 Nov 2009 02:00:00 GMT</pubDate></item><item><title>Homebuyers Tax Credit Changes</title><description><![CDATA[<p><img src="http://www.siouxfallsrealestate.info/agent_files/Homebuyer%20Tax%20Credit%20Changes.jpg" alt="" width="450" height="576" /></p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Homebuyers-Tax-Credit-Changes</link><guid>http://www.siouxfallsrealestate.info/Blog/Homebuyers-Tax-Credit-Changes</guid><pubDate>Mon, 09 Nov 2009 02:00:00 GMT</pubDate></item><item><title>Homebuyer Tax Credit Questions</title><description><![CDATA[<p><img src="http://www.siouxfallsrealestate.info/agent_files/Homebuyer%20Tax%20Credit%20Questions.jpg" alt="" width="450" height="568" /></p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Homebuyer-Tax-Credit-Questions</link><guid>http://www.siouxfallsrealestate.info/Blog/Homebuyer-Tax-Credit-Questions</guid><pubDate>Fri, 06 Nov 2009 02:00:00 GMT</pubDate></item><item><title>Sioux Falls Fifth In Job Outlook</title><description><![CDATA[<p>&nbsp;</p>
<p>
<p align="left"><span style="font-family: Times New Roman; font-size: 14pt;"><span style="font-family: Times New Roman; font-size: 14pt;">Survey shows employers will hire more in fourth quarter</span></span><em><span style="font-family: Times New Roman; font-size: 10pt;"><span style="font-family: Times New Roman; font-size: 10pt;">
<p align="left">Brenda Wade Schmidt</p>
<p align="left">bschmidt@argusleader.com</p>
</span></span></em><span style="font-family: Arial; font-size: 10pt;"><span style="font-family: Arial; font-size: 10pt;">
<p align="left">By some accounts, Sioux Falls is poised to see job growth in the fourth quarter of 2009.</p>
<p align="left">Retail stores are hiring for the holiday season, some employers are more optimistic, and a recent survey shows that the Sioux Falls area ranks fifth in the nation for its employment outlook for the last three months of the year.</p>
<p align="left">A Manpower Employment Outlook Survey shows area employers are expecting to hire at a steady pace during the fourth quarter. About 15 percent of local companies interviewed plan to hire more employees, while 7 percent expect to reduce their payrolls, according to the survey.</p>
<p align="left">That's lower than third quarter expectations in which 19 percent of companies planned to increase staff and 9 percent &nbsp;planned cuts, said Manpower spokesman Rob Meyer of Sioux Falls.</p>
<p align="left">&nbsp;Nationally, 12 percent of employers are expected to increase their staffs and 14 percent plan reductions, the survey of 28,000 businesses showed.</p>
<p align="left">Sioux Falls typically has ranked high in the survey, Meyer said. He has seen employment picking up, too, with companies needing both temporary and full-time workers. One client needs a large number of people through December to finish an order but isn't yet hiring permanently, he said.</p>
<p align="left">"They're just a little uncertain yet," he said. But Meyer said the outlook is good. "A lot of people have been not buying things for so long. Now, there's kind of a surge."</p>
<p align="left">Jeff Taylor, senior operations manager at Esurance, said the company is working on hiring 20 or more employees and is having a career fair today.</p>
<p align="left">"Our business is starting to pick up a little bit, and we are in the process of growing our client base," he said. The customer service employees are important so the company can take care of those clients' needs, he said.</p>
<p align="left">&nbsp;Retail hiring probably will be as strong as last year, too, based on projections at The Empire Mall. Job postings on the mall's Web site have picked up, said Chrissy Spoo, marketing manager. "It hasn't been a tremendous increase, but we have seen a gradual uptick in the number of positions listed."</p>
<p align="left">The mall will have a job fair next week in which stores will look for seasonal help. "The indication we've gotten from our department stores specifically is they're planning on hiring just as many workers this year as last year," Spoo said. "They're not planning for a down season. They're planning to staff fully."</p>
<p align="left">Sioux Falls' diverse economy helps when it comes to maintaining jobs.</p>
<p align="left">"We have more employment here than they do in other parts of the country. So if you have more employment you hope that consumer spending will continue to be good," said Mary Medema, director of work force development for the Sioux Falls Development Foundation.</p>
<p align="left">Manufacturing and commercial construction will take longer than other industries to catch up again, she said. "I'm optimistic, and I think that we continue to have a real meaningful payoff from the diversity that does exist in our market," Medema said.</p>
<p>&nbsp;</p>
</span></span></p>
</p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Sioux-Falls-Fifth-In-Job-Outlook</link><guid>http://www.siouxfallsrealestate.info/Blog/Sioux-Falls-Fifth-In-Job-Outlook</guid><pubDate>Thu, 10 Sep 2009 02:00:00 GMT</pubDate></item><item><title>Housing Market See Increase</title><description><![CDATA[<p>
<h2 class="title">Seen on Keloland:</h2>
</p>
<h2 class="title">Money Matters: Housing Market Sees Increase</h2>
<p>&nbsp;</p>
<p><span style="font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; color: navy; font-size: 10pt;"><a href="http://www.keloland.com/videoarchive/index.cfm?VideoFile=081809mm"><span style="color: #800080;">http://www.keloland.com/videoarchive/index.cfm?VideoFile=081809mm</span></a></span></p>
<p>We keep hearing the housing market is on the rebound and&nbsp;there are now some&nbsp;numbers to prove it.&nbsp; Home sales in 14 states saw double digit gains in July, including South Dakota, where sales were up nearly 20 percent compared to a year ago. <br /><br />The last time we checked in on the Sioux Falls housing market in June, home sales were down 17 percent. But what a difference a month can make. <br /><br />"If you look at this year's July versus last year's July, at least a 20 percent increase and last year was a pretty good year for us, our fifth or sixth best year on record. So to have that kind of swing from June to July is a real good indicator we've got some positive things happening,"&nbsp;Barton Hacker of the Realtor Association of the Sioux Empire said. <br /><br />Hacker credits the $8,000 dollar first-time homebuyers tax incentive for making a big difference. But he also says more expensive homes are also starting to sell and that's why home prices are down only about 2 percent, compared to 5 percent earlier this year. <br /><br />"We went for a while, everyone was going after homes $120,000 to $130,000 or less. Now what you're seeing happening is the average buyer looking at your $150,000 to $160,000 home, which is increasing our medium and average price for the year," Hacker said. <br /><br />There are still more homes on the market and they're staying on longer, about 100 days instead of about 90. But Hacker thinks that gap could close in the next few months. <br /><br />"But we are anticipating a good fall mostly because of people coming out at the last minute to take advantage of this tax credit," said Hacker. <br /><br />Closing can take up to a month, so first-time homebuyers looking to take advantage of that tax credit really need to do so by October. The deadline to close is November 30.</p>
<p><br /><br /><span class="author"><a href="mailto:akennecke@keloland.com">Angela Kennecke</a></span> <br /><span class="legal">&copy; 2009 KELOLAND TV. All Rights Reserved.</span></p>
<hr size="1" />]]></description><link>http://www.siouxfallsrealestate.info/Blog/Housing-Market-See-Increase</link><guid>http://www.siouxfallsrealestate.info/Blog/Housing-Market-See-Increase</guid><pubDate>Wed, 19 Aug 2009 02:00:00 GMT</pubDate></item><item><title>Great 3 Bedroom Ranch</title><description><![CDATA[<img src="http://www.siouxfallsrealestate.info/property/315-N-Whitni-Lane-Sioux-Falls-South-Dakota/i/173925/0/t?pid=" title="Front of House" alt="" style="float:left; padding:3px;" /><p>Going Green!!&nbsp; Enjoy the Energy Efficiency of this home with the Geo thermal Heat and AC.&nbsp; Total utility budget is $82.00 a month!&nbsp; It was built by Curt Hanson.</p>
<p>Note the 1375 sq ft on the main floor that makes for&nbsp;very spacious rooms, compare that size main floor to others in this price range.</p>
<p>New carpet, light fixtures and fans on the main make this feel like new.&nbsp; Tons of custom Dakota Cabinets and separate main floor laundry make this kitchen a dream.&nbsp; Segmented bath on main helps with the the morning rush.&nbsp; The lower level just finished after 2006 to add the 3rd bedroom, full bath and family room.&nbsp; Room to finish more.&nbsp;</p>
<p>A large deck to a landscaped yard with sprinklers and pet doors so they can also enjoy the fenced yard.&nbsp; Good size garage is partially sheetrocked. Quiet set apart neighborhood.</p>]]></description><link>http://www.siouxfallsrealestate.info/property/315-N-Whitni-Lane-Sioux-Falls-South-Dakota</link><guid>http://www.siouxfallsrealestate.info/property/315-N-Whitni-Lane-Sioux-Falls-South-Dakota</guid><pubDate>Fri, 17 Jul 2009 21:42:45 GMT</pubDate></item><item><title>Tax Friendly City, Sioux Falls #7</title><description><![CDATA[<p>&nbsp;</p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: 12pt; font-family: Calibri;">Sioux&nbsp;Falls made into some national headlines again. We were listed as # 7 in the top 10 of tax friendly cities. </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><strong><span style="font-size: 14pt; color: red; font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;;"><a href="http://tinyurl.com/nuk7vb"><span style="color: red;">http://tinyurl.com/nuk7vb</span></a> &nbsp;&nbsp;&nbsp;&nbsp; </span></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><strong><span style="font-size: 14pt; color: red; font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;;">&nbsp;</span></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><strong><span style="font-size: 10pt; color: windowtext; font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;;">Check it out for yourself. Any publicity we get nationally is pretty good. </span></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><strong><span style="font-size: 10pt; color: windowtext; font-family: &quot;Verdana&quot;,&quot;sans-serif&quot;;">&nbsp;</span></strong></p>
<p class="MsoTitle" style="margin: 0in 0in 15pt;"><span style="font-size: 12pt;"><span style="color: #17365d;"><span style="font-family: Calibri;">On the local level sales continue pretty strong in the price ranges up to about $300,000 We are happy with what is happening with our listings &amp; buyers are finding good homes to purchase. Interest rates have declined a little in the last couple weeks again. So now is a very good time to buy &amp; move up in your housing!</span></span></span></p>
<p>
<p>&nbsp;</p>
</p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Tax-Friendly-City-Sioux-Falls-7</link><guid>http://www.siouxfallsrealestate.info/Blog/Tax-Friendly-City-Sioux-Falls-7</guid><pubDate>Tue, 23 Jun 2009 02:00:00 GMT</pubDate></item><item><title>Housing Market</title><description><![CDATA[<p style="text-align: center;"><span class="pp"><strong>Tough Times Push Buyers Toward Modest Homes</strong></span></p>
<p>Homebuyers looking for bargains and others buying up foreclosed properties are driving down the median sale price of Sioux Falls-area homes.</p>
<p>&nbsp;But most homes still are holding value, those in the industry say.</p>
<p>&nbsp;A national report released earlier this week said the median sale price of existing single-family homes in the metro area fell almost 30 percent in the first quarter of the year, compared to a year ago. The median price - the single sale that ranks in the middle of all existing sales - was $95,500, according to the National Association of Realtors.</p>
<div class="articleflex-container">
<div class="articleflex">Local Realtors say that drop is out of line with the numbers they have tracked locally.</div>
</div>
<p>&nbsp;Instead, the median sales price for March has fallen 7.4 percent in the Sioux Falls metro area, to $132,000, said Barton Hacker, chief executive officer of the Realtor Association of the Sioux Empire. The organization tracks local statistics for Realtors.</p>
<p>"Our market is not 30 percent off in price," Hacker said.</p>
<p>&nbsp;While the national and local organizations both defend their numbers, they also agree that homebuyers are looking for bargains and, because of government and other incentives, many first-time homebuyers are able to buy less expensive houses. In addition, several foreclosed properties, which vary in price but often include low-priced homes, also have been selling.</p>
<p>All of those things push the median sale price down. The median is not affected by one or two very high- or low-priced sales as dramatically as the average home price.</p>
<p>The drop in the price of homes that have been selling is not reflective of the value in the market, said Walter Molony, spokesman for the national association. The agency is finding the same kind of drop nationwide, he said.</p>
<p>&nbsp;Half of all houses selling nationally are called "distressed," often meaning foreclosed homes, Molony said. In addition, half of all houses sold are going to first-time homebuyers who buy at the low end of the price range.</p>
<p>"If you have got half of the homes being sold at deep discount, you see how that can affect the price," he said.</p>
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<p>&nbsp;Sioux Falls Realtors see lower-priced homes selling more often than higher-priced homes, as well.</p>
<p>&nbsp;"Buyer preferences have gone to less expensive homes," Hacker said.</p>
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<div class="articleflex">"We've got consumers going into houses and lowballing offers," he said. "People have this unrealistic expectation of what's going on in the marketplace."</div>
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<p>Sellers still are getting about 92 percent of their asking price, compared to previously getting about 96 percent, said Hacker, citing local real estate data.</p>
<p>Realtor Rick Sawvell with Hegg Realtors said that after 20 years handling foreclosed properties, he can tell that the market is up.</p>
<p>&nbsp;"From my perspective, my inventory has doubled compared to what it used to be two years ago," he said.</p>
<p>While he used to have 15 to 25 homes in the process of being foreclosed and sold, at the beginning of this year, he had as many as 60.</p>
<p>Because of a moratorium on foreclosures, that business has slowed some recently, he said.</p>
<p>&nbsp;"The banks are still trying to work out arrangements with previous owners," Sawvell said.</p>
<p>Realtor Sheila Hoff with Lloyd Cos. said sales have been slow, and high-end home sales have slowed dramatically.</p>
<p>&nbsp;Shoppers want to negotiate for a home these days, and they often walk away if a seller doesn't negotiate, she said.</p>
<p>&nbsp;"They want to feel like they're getting a bargain."</p>
<p>Other Realtors see the same trends. Harlan TenNapel with AmeriStar Real Estate said sales numbers show that fewer homes overall are selling, and many homes are staying on the market longer.</p>
<p>&nbsp;In the $300,000-and-above price category, sales are hurting, he said.</p>
<p>When it comes to the supply of homes on the market, homes priced up to $100,000 are shrinking in supply, according to numbers TenNapel tracks. Three months ago, data showed there was an eight-month supply of those homes. Now, it is down to a 5.8-month supply.</p>
<p>&nbsp;The reverse is true for higher-priced homes. The supply for homes in the $450,000 category is 81.2 months, compared to 30 months three months ago.</p>
<p>&nbsp;Some of that shift comes from first-time homebuyer interest.</p>
<p>Incentives from taxes to offerings from Lutheran Social Services are exciting for first-time buyers, said Bill Zortman with Key Real Estate. The $140,000 to $165,000 price category is competitive, he said.</p>
<p>&nbsp;"We're starting to see money that is being generated to try to get people in the door," he said. "People are back in the market. They're starting to see there are houses there."</p>
<p>But people are not finalizing sales as quickly as they once did, he said. "What we are finding is your professionals have got to be really hands on," he said.</p>
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<p>&nbsp;</p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/Housing-Market</link><guid>http://www.siouxfallsrealestate.info/Blog/Housing-Market</guid><pubDate>Mon, 18 May 2009 02:00:00 GMT</pubDate></item><item><title>SD Ranked #2 for Long Term Care</title><description><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: 12pt; font-family: Calibri;">I found some more good news about our great state. It seems that South Dakota is ranked #2 in the country in long term care. </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: 12pt; font-family: Calibri;">&nbsp;</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: 12pt; font-family: Calibri;">Here is a link to a study of where the best choice &amp; most affordable long term care is at in the United States.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: 12pt; font-family: Calibri;">&nbsp;</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: 12pt; color: #800080; font-family: Calibri;"><span style="font-size: 12pt; color: black; font-family: &quot;Calibri&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><a href="http://tiny.cc/x6rZr">http://tiny.cc/x6rZr</a></span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: 12pt; font-family: Calibri;">&nbsp;</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: 12pt; font-family: Calibri;">Here we have just another reason to be proud of our Great Faces, Great Places, South Dakota.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: 12pt; font-family: Calibri;">&nbsp;</span></p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/SD-Ranked-2-for-Long-Term-Care</link><guid>http://www.siouxfallsrealestate.info/Blog/SD-Ranked-2-for-Long-Term-Care</guid><pubDate>Wed, 13 May 2009 02:00:00 GMT</pubDate></item><item><title>What recession? Places like Sioux Falls, S.D., Prove Resilient</title><description><![CDATA[<p><img src="http://www.latimes.com/media/photo/2009-04/46158511.jpg" alt="Sioux Falls growth" width="500" height="314" /></p>
<p>&nbsp;</p>
<div style="padding-bottom: 5px;">One positive sign in Sioux Falls, S.D., in November was construction work on the main library branch.</div>
<div class="storysubhead" style="margin: 0px 0px 15px; color: #333333! important;">States in the country's midsection have largely avoided the current economic misery. Some businesses are even expanding.</div>
<div class="storybyline" style="margin: 0px 0px 15px; color: #999999! important;">By Nicholas Riccardi <br />April 11, 2009</div>
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<div class="storybody">Reporting from Sioux Falls, S.D. -- Mayor Dave Munson drove past acres of chopped-up prairie and pointed matter-of-factly at signs of economic health that are hard to come by in most of the country.<br /><br />"This is going to be a very strong retail center," he said, waving at one graded lot where a Target store is to be built. He gestured at the other side of the road. "There's another development."<br /><br /></div>
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<h2><a onclick="if (window.windoid) windoid('','win_46160861',616,410,'resizable=1,scrollbars=1')" href="http://www.siouxfallsrealestate.info/news/nationworld/nation/la-041109-na-recession_proof-g,0,7392122.graphic" target="win_46160861">Weathering recession</a></h2>
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<h2><a href="http://www.siouxfallsrealestate.info/news/nationworld/nation/la-hardtimes-sg,0,2724236.storygallery">Recession in America</a></h2>
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<div class="storybody">A few years ago, many cities were pocked with freshly overturned dirt soon to be retail or residential developments. The most severe recession in 70 years has changed that in most places, but not in this community of 150,000 and others like it in the midsection of the country.<br /><br />One chunk of the nation has avoided much of the current economic misery: the region from North Dakota to Texas, most of it sparsely populated. This area includes five of the six states that analysts at Economy.com have classified as not yet in recession. And other states in the Rocky Mountain West -- from New Mexico to Idaho -- are facing relatively mild downturns.<br /><br />States like South Dakota rarely figure in the national economic discussion, which focuses on population and business centers on the coasts or in the Rust Belt and Southwest.<br /><br /></div>
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<div class="storybody">But the nation may end up looking a little more like Sioux Falls. Home prices inched up 2% last year, but didn't increase more than 5% a year during the preceding housing boom. There is a mall and a couple of shopping centers, but a lower density of stores than in most metropolitan areas.<br /><br />The city has an unemployment rate of 4.8% -- up nearly 2% in the last three months, but still less than half that of Los Angeles -- with jobs in service fields such as healthcare and call centers rather than manufacturing. Home-building is healthier than elsewhere; permits for new single-family homes are half of what they were here at their 2003 peak, but nationwide have fallen by two-thirds from their peak.<br /><br />Residents know they have a modest lifestyle, but feel that brings security. "It's a slower pace, so you don't have much money to play with," said Rod Hersrud, 49, pest-control worker.<br /><br />South Dakota and other states that have avoided recession -- North Dakota, Oklahoma, Texas and Wyoming -- have been protected partly because of lingering effects of the commodities boom, be it in natural gas or corn. Energy and crop prices have plunged, but they are still high enough to provide some shelter.<br /><br />But, perhaps more significantly, analysts say, most of the high plains and Rocky Mountain West was left out of the real estate boom. The median home price in Sioux Falls in the fourth quarter of 2008 was $177,200, up only 38% since 2000. Home prices in much of California doubled or tripled in that time.<br /><br />"These are areas where you did not have a significant buildup in population and income," said Chris Connell, who tracks Western states for Economy .com. "You did not have the pressure of inflating real estate prices."<br /><br />For decades, Sioux Falls was a modest agricultural outpost, a place for farmers to pick up new equipment or have a fancy dinner. Its main employer was a hog-butchering plant. But in the early '80s, Citibank and other financial companies began to open branch offices here to escape New York usury laws that hampered their efforts to expand into the credit card market.<br /><br />"People were very proud," Munson recalled. "It lifted the whole being of Sioux Falls to say we can get a corporation like Citi to come here."<br /><br />Now Wells Fargo, HSBC and other banks have joined Citibank in plunking down call centers and back-office functions in office parks north of downtown. Despite the pummeling the financial sector has taken, the banks have only made limited cuts in Sioux Falls because it is so much cheaper to operate here. Citibank, for example, has slashed 53,000 jobs around the world but only 122 here.<br /><br />Nowadays the top employer is neither the banks nor agriculture, but healthcare, a sector that has been fairly resistant to the downturn. The city is home to two large and growing health systems -- Sanford Health and Avera McKennan -- that employ 13,500 people.<br /><br />Helped by a $400-million donation from a local credit card magnate, Sanford has increased its staff by 1,200 since 2007. It just finished a new children's hospital shaped like a castle and plans to break ground on a 185-acre medical research park.<br /><br />Ruth Krystopolski, Sanford's vice president of growth and development, said she had noticed that it has become easier to persuade medical specialists to relocate.<br /><br />"The higher-end people are looking at Sanford and Sioux Falls as opportunities they may not have looked at when the organizations they were with were flush with capital," she said.<br /><br />Business leaders say that old-fashioned heartland values have kept the city financially safe. "We don't do bubbles," said David Link, a Sanford executive vice president. "People have a very conservative attitude about paying as we go."<br /><br />Mike Keller, dean of the business school at the University of South Dakota in Vermillion, said the blessing of slow growth in home prices is that it never tempted residents with home-equity loans and adjustable-rate mortgages.<br /><br /></div>
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<p>&nbsp;</p>]]></description><link>http://www.siouxfallsrealestate.info/Blog/What-recession-Places-like-Sioux-Falls-SD-Prove-Resilient</link><guid>http://www.siouxfallsrealestate.info/Blog/What-recession-Places-like-Sioux-Falls-SD-Prove-Resilient</guid><pubDate>Wed, 15 Apr 2009 02:00:00 GMT</pubDate></item></channel></rss>