Wednesday, February 9, 2011

Home Show Hits the Swiftel Center February 12th & 13th!

The 21st annual Brookings Regional Builders Association Home Show comes to the Swiftel Center in Brookings, SD this Saturday and Sunday, February 12th and 13th.

The two-day event will be FREE to the public!  Come check out the great home related products and services available throughout the Brookings area and local businesses.  Representatives from the local businesses and service providers will be available in their booths with information pertaining to their products and/or services.

Looking for some home related How-to's?  Attend one of the many seminars to become more informed on a wide array of  topics.

For more information please visit the Brookings Regional Builders Association's website here

For Best Choice Real Estate and Brookings4Sale.com this is REALTOR® Justin Fjeldos saying, "See you at the Home Show!"

Friday, September 17, 2010

10 Reasons To Buy a Home - WSJ.com

10 Reasons To Buy a Home - WSJ.com

Way to go, Brett! Check out this great article explaining the benefits from purchasing real estate in the current market conditions. Nice to finally see some positive perspective.

Wednesday, September 8, 2010

Brookings Housing Report - August 2010

Brookings Housing Report - August 2010
by Justin Fjeldos
September 8, 2010

August Sales Volume was $3.34M down 21% from $4.05M in July.
Year-over-year Sales Volume was down 50% from $6.69M in August '09.
August Average Sale Price was $151,939 down 9.1% from a year ago.
August Pending Home Sales saw a 52% decline year-over-year.
Pending Home Sales have remained flat in 2010 since June.
August Inventory rose 8.7% to 4.96 months from 4.56 months in July.
Year-over-year Inventory is down 18% from August '09.
Days on Market for August was 106 days which is a 30.8% increase from July.

Agent's Note:  Year-over-year comparisons need to be kept in perspective because a year ago we had the home buyer tax credits driving higher than usual buyer demand into the fall.  Sales are expected to slow over the next few months as we proceed into fall.  However, it is encouraging to see that the Inventory rate remains low in August.  Buyers are still able to take advantage of interest rates at 50 year lows.  This means, for most buyers, you can afford more house within your monthly budget.

*Report includes statistics for the City of Brookings only! These figures do not include surrounding cities or towns. Information compiled by Justin Fjeldos using local MLS statistics. This information is deemed to be reliable but is not guaranteed.

Thursday, August 26, 2010

Brookings Housing Report - July 2010

Brookings Housing Report - July 2010
by Justin Fjeldos
August 26, 2010

July Sales Volume was $4.05M down 47% from $8.59M for June '10.
July Sales Volume of $4.05M was down 35% from $6.2M for July '09.
July Average Sale Price was $162,106 down 14% from a year ago.
July Pending Home Sales saw a 30% decline year-over-year.
There was no change in Pending Home Sales from June '10 to July '10.
July Inventory dropped 11% to 4.56 Months from 5.07 in June '10.
Year-over-year July Inventory is also down 14% from July '09.
Days on Market for July was 81 which is a 21% decrease from July '09.

Agent's Note: We had a great month in June.  Sales were expected to slow over the next few months with the June expiration of the tax credits.  July was better than I had projected.  It is encouraging to see the Pending Home Sales remain the same for June and July.  We also have encouragement for Sellers with the lower Inventory Rate.  Don't worry Buyers!  You are still able to take advantage of interest rates at 50 year lows.  This means, for most buyers, you can afford more house within your monthly budget.


*Report includes statistics for the City of Brookings only! These figures do not include surrounding cities or towns. Information compiled by Justin Fjeldos using local MLS statistics. This information is deemed to be reliable but is not guaranteed.
Brookings4Sale.com
BEST CHOICE REAL ESTATE - (800) 788-8323