Market Statistics - Sept. 2007 - Ellsworth, AFB and the Black Hills of So. Dak.
October 2, 2007 | Leave a Comment
Hello Everyone…………….Here are the real estate market statistics for September in Rapid City, Ellsworth AFB, Central Black Hills and the Piedmont and Black Hawk areas of the Black Hills.
RAPID CITY, South Dakota - During the month of September, 2007 there were 49 new residential listings in and around the Rapid City area. The total # of homes for sale is 332 which reflects single family homes only. And 49 homes have sold or are under contract. Avg. price of a home in the Black Hills since the last report is $183,894 with an average of 69 days on the market. Sellers have been receiving 98.73% of their asking price.
Ellsworth AFB, South Dakota - During the month of September, 2007 there were 13 new residential listings in and around the Ellsworth AFB/Box Elder area. The total # of homes for sale is 73 which reflects single family homes only. And 14 homes have sold or are under contract. Avg. price of a home in the Black Hills since the last report is $183,894 with an average of 69 days on the market. Sellers have been receiving 98.73% of their asking price.
Central Black Hills, South Dakota - During the month of September, 2007 there were 6 new residential listings in and around the Hill City area. The total # of homes for sale is 38. And 2 homes have sold or are under contract. Avg. price of a home in the Black Hills since the last report is $183,894 with an average of 69 days on the market. Sellers have been receiving 98.73% of their asking price.
Black Hawk & Piedmont Valley, South Dakota - During the month of September, 2007 there were 24 new residential listings in and around the Black Hawk and Piedmont area. The total # of homes for sale is 113. And 13 homes have sold or are under contract. Avg. price of a single family home in the Black Hills since the last report is $183,894 with an average of 69 days on the market. Sellers have been receiving 98.73% of their asking price.
Duane Hosek in the Black Hills of South Dakota
Cabella’s Outfitting Retail Center coming to Rapid City and Ellsworth AFB area.
September 20, 2007 | Leave a Comment
The city of Rapid City just voted Tuesday on allowing Cabella’s Retail Center to come to the Black Hills. It will be located between Rapid City and Ellsworth AFB.
Some information from their website:
Few, if any, businesses today survive the kitchen-table dreams of their founders, especially in the outdoor industry where businesses come and go with the changing seasons. Yet, the leader in the outdoor equipment business has done just that - survived, grown and prospered from simple beginnings to become the largest mail-order, retail and Internet outdoor outfitter in the world.
Cabela’s, the World’s Foremost Outfitter of hunting, fishing and outdoor gear, was born somewhat inadvertently in 1961 when Dick Cabela came up with a plan to sell fishing flies he purchased while at a furniture show in Chicago. Upon returning home to Chappell, Nebraska, Dick ran a classified ad in the Casper, Wyoming, newspaper reading: “12 hand-tied flies for $1.” It generated one response.
Cabela’s Cabela’s Outfitter Journal magazine and television show further enhance the company’s brand image and provide the public with two entertaining and educational ways to experience what Cabela’s is about. Both media outlets provide sportsmen and women the opportunity to learn what the outdoors has to offer through top-quality production and informative features from the nation’s most knowledgeable outdoor journalists and personalities.
Cabela’s success hasn’t gone unrecognized, as evidenced by the number of commendations and awards bestowed upon the company in recent years. In 2001, the Cabela’s Catalog was ranked as the fifth most popular catalog, behind such direct-mail giants as J.C. Penney and Sears, in a Consumer Shopping Survey administered by Catalog Age magazine. Recent awards include: ShotBusiness magazine’s 2002 Retailer of the Year; Sporting Goods Business magazine 2002 Specialty Retailer of the Year and BizRate.com 2001 Circle of Excellence Award for outstanding web site performance over the holiday season. In addition, Cabela’s employees were instrumental in naming the company one of the Top 100 Companies to Work For in Forbes magazine’s January 2000 issue.
Our community is looking forward to this great company and the jobs it will bring to our Black Hills area.
Duane Hosek in the Black Hills of South Dakota
Home sales buck the National Trend in the Black Hills of South Dakota
September 17, 2007 | Leave a Comment
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
Ellsworth AFB August 2007 Market Conditions
September 3, 2007 | Leave a Comment
Ellsworth Air Force Base
The “backbone” of global engagement for the 21st century
Located in South Dakota, Ellsworth is home to the 28th Bomb Wing and the B-1B Lancer aircraft. Ellsworth has a long, proud history of excellence and innovation. Our mission is to provide rapid, decisive and sustainable combat airpower and expeditionary combat support — anytime, anywhere.
During the month of August, 2007 there were 17 new residential listings in and around the Ellsworth AFB/Box Elder area. The total # of homes for sale is 81 which reflects single family homes only. And 10 homes have sold or are under contract. Avg. price of a home in the Black Hills since the last report is $188,828 with an average of 68 days on the market. Sellers have been receiving 97.98% of their asking price.
Duane Hosek in the Black Hills of South Dakota www.duanehosek.com
Ellsworth AFB Personnel Moving to the Black Hills - Lots to look forward to.
September 3, 2007 | Leave a Comment
Hello Everyone,
If you are an airman being transferred to Ellsworth Air Force Base in the Black Hills of South Dakota or know of someone who is going to be stationed here there is ALOT TO LOOK FORWARD TO in our area.
First of all we have some really great Schools here. The AFB is located in Pennington County in Box Elder, which is just 5 miles from Rapid City and has one of the highest rated schools in the state. This school is the Douglas School System with elementary to high school facilities. I have had clients that wanted to move out of Rapid City and into Box Elder just so their kids can go to school at Douglas.
You will enjoy the hunting the state has to offer, if you are into that sort of thing. South Dakota is the Pheasant Capitol of the World, but you can also enjoy deer, elk, ducks, grouse, prairie dogs and many others. Hunting is a year-round sport in South Dakota. Hunters have access to nearly 5 million acres of public land. Upland game, waterfowl, small game and big game dominate the fall hunting seasons. Predator hunting fills the winter months, while spring signals the start of turkey hunting and the second season for light geese.
There are winter sports to enjoy as well in the Black Hills. We have two ski slopes near Lead and Deadwood. They provide tons of fun if you enjoy downhill skiing. From bunny slopes to black diamond runs. If you are more into snowmobiling we have that too. Snowmobiling has really come of age in the Black Hills with the development of a 350-mile network of marked, mapped and groomed snowmobile trails. Although snowmobiling is permitted on most parts of the 1.2 million acre Black Hills National Forest, the trail system has elevated the Black Hills into national prominence as one of the nation’s top snowmobiling destinations.
Next to the ski slopes is the city of Deadwood . Perhaps you have been watching the HBO tv series or rented the DVD’s but Deadwood is a fantastic place to eat, enjoy music, gamble or just have family fun. The entire city of Deadwood is a national historic landmark. In Deadwood you can ponder the truth at the foot of Wild Bill’s grave in Mount Moriah cemetery, tour the Adams House, pan for gold in the Broken Boot Mine, choose from various guided tours, or take a self-guided walking tour into the past that puts the Wild West into perspective.
If you are looking for some help in finding a home rather than living on base, I would be happy to help. You can check out my Buyer’s Tips with helpful hints on
If you want some help in financing a home I can recommend a great guy by the name of Ken Jones of Journey Mortgage in Rapid City, SD. He is very familiar with VA loans, is ex-military, ex-Realtor and now loves getting people and families into their own homes. Check out my BAH GUIDE to see how much home you can buy in the Ellsworth AFB and Rapid City, South Dakota area.
I know you will enjoy your tour here. I have sold ALOT of homes to retired Air Force folks who knew when they were stationed here that they would be coming back to live. It is a great place and we welcome you.
Thanks and enjoy……………Duane Hosek in the Black Hills of South Dakota www.duanehosek.com
BAH Guide - How much home you can buy - Ellsworth AFB, South Dakota
August 28, 2007 | Leave a Comment
Here is a guide to how much home you would qualify for based strictly off of known Rapid City, South Dakota BAH. There is also an idea of how much home you could afford if you were to pay just an extra $100/month above your BAH. These figures are based off of a 30 year, 6.5% interest fixed mortgage.
This guide is meant only to provide an idea of what to expect when you relocate to Rapid City, South Dakota and Ellsworth AFB. Of course, you may qualify for a higher or lower interest rate and/or a lower or higher priced home - depending on current interest rates, your personal credit and which loan you decide to choose.
These numbers were compiled for me by Ken Jones of Journey Mortgage. ken@journeymortgage.com 605-341-0133 or his personal cell at 605-484-7530. Ken would be more than happy to visit with you on all of your loan options.
| Enlisted Personnel Without Dependents |
|
|||
| Rank | BAH | House Price | BAH + $100./mo. |
|
|
E01-E4 |
593 |
74,833 |
88,281 |
|
|
E05 |
670 |
84,959 |
98,090 |
|
|
E06 |
720 |
91,762 |
104,893 |
|
|
E07 |
807 |
103,469 |
116,917 |
|
|
E08 |
906 |
116,759 |
130,680 |
|
|
E09 |
924 |
119,607 |
133,213 |
|
| Enlisted Personnel With Dependents | |||
| Rank | BAH | House Price | BAH + $100./mo. |
|
E01-E4 |
801 |
102,204 |
116,443 |
|
E05 |
895 |
115,810 |
128,941 |
|
E06 |
952 |
122,613 |
136,377 |
|
E07 |
1011 |
131,156 |
144,446 |
|
E08 |
1075 |
139,383 |
152,831 |
|
E09 |
1147 |
149,667 |
162,957 |
| Commissioned Officers Without Dependents | |||
| Rank | BAH | House Price | BAH + $100./mo. |
|
O01E |
895 |
115,810 |
128,941 |
|
O02E |
920 |
118,816 |
129,891 |
|
O03E |
952 |
122,613 |
136,377 |
|
O01 |
707 |
89,705 |
103,153 |
|
O02 |
863 |
111,804 |
125,461 |
|
O03 |
932 |
120,240 |
133,213 |
|
O04 |
1017 |
132,106 |
145,237 |
|
O05 |
1055 |
136,219 |
150,458 |
|
O06 |
1115 |
145,553 |
159,001 |
|
O07 |
1137 |
147,610 |
161,691 |
| Commissioned Officers With Dependents | |||
| Rank | BAH | House Price | BAH + $100./mo. |
|
O01E |
1023 |
133,055 |
146,186 |
|
O02E |
1103 |
143,022 |
156,312 |
|
O03E |
1167 |
152,040 |
166,121 |
|
O01 |
901 |
116,284 |
129,574 |
|
O02 |
951 |
122,929 |
136,377 |
|
O03 |
1112 |
145,079 |
157,736 |
|
O04 |
1233 |
160,900 |
173,715 |
|
O05 |
1316 |
171,816 |
184,948 |
|
O06 |
1327 |
172,924 |
186,055 |
|
O07 |
1342 |
175,139 |
187,796 |
If you would like to have me send you an e-mail with homes that fall in the price range you are in, just send me an e-mail at duanehosek@hotmail.com or visit my website anytime at www.duanehosek.com and of course you may call me direct at 605-391-8424.
Thanks………….Duane Hosek
Helping a Fellow VET
August 27, 2007 | Leave a Comment
Hello everyone,
Today I worked 2 hours at the office and 6 hours helping a friend. He is ex-military and was in dire straits. His trailer home was totalled by softball (not baseball) sized hail a couple of weeks ago. His car was totalled, the trailer was totalled, water was pouring in during the storm through his light fixtures. Everything was wet, moldy, stinky……..it was a nightmare.
Five of us (including 2 airmen from Ellsworth AFB) met him at his home with our pickup trucks and had all his possessions hauled to a storage unit. He was so thankful and took us out to eat at a great steak house. He couldn’t thank us enough for the hard work we had done which he could not have afforded to hire someone else to do.
When I got back to my office at 7:30 PM I had 7 messages on my cell phone, 24 e-mail messages and several papers on my desk that need tending to. But you know what? I felt better today than if I would have sold a dozen homes. You just can’t put a price on the feeling you get in helping other people. Do I like my paychecks? Heck yeah! But helping a friend is a blessing and I was glad I could help.
Duane Hosek in the Black Hills of South Dakota www.duanehosek.com duanehosek@hotmail
