Home sales buck the National Trend in the Black Hills of South Dakota
Posted by Duane Hosek on September 17, 2007
Hello everyone,
Just got the statistics for our area of the Black Hills in South Dakota. It appears that home sales are continuing to rise as well as the price of homes. To the beat of about 4%. Are we in a buyers market? Yes. Lots of inventory to choose from and buyers are not as numerous as they have been.
But our area is turning into a destination for retirees, 2nd home buyers, and vacation home buyers. We don’t have much industry here in the Black Hills, so not alot of high paying jobs, though we have our share of decent paying jobs.
Baby boomers are buying 2nd homes and living in the Black Hills 5 or 6 months a year and then go back to their main home, usually in the southern states. Folks who have visited here in their youth are coming back to retire here. Ellsworth Air Force Base personnel who were stationed here and then left are coming back to live here. Many even request to be stationed here again after leaving.
Please visit my website anytime to see what we have to offer. Enjoy.
Duane Hosek in the Black Hills of South Dakota
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