Your source for expert information on housing in South Dakota

A Property Manager's Guide to Acquiring Residents

Posted by South Dakota Housing Authority on Jan 6, 2017 12:28:57 PM

Empty units mean money lost. For every day that your unit is empty, you lose from $15 to $30 that can never be regained. Although every property manager hits a dry spell now and then, there are things you can do to prevent big losses.

Keep these tips in mind to ensure you can rent to quality tenants in a timely manner.

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Topics: Property Management

3 Things You Should Know About The Home Investment Partnership Program

Posted by South Dakota Housing Authority on Jan 3, 2017 4:59:12 PM

When a community has a need for affordable housing development, they need not look any further than South Dakota’s HOME Investment Partnership Program, known simply as “HOME.”

Funded through formula grants to states and municipalities, administering agencies then partner with a nonprofit or for profit organization to finance the development of affordable housing in a community.

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Topics: Property Development

Be a Smart Homebuyer: Free Education Available to You

Posted by South Dakota Housing Authority on Dec 27, 2016 12:36:06 PM

If you’re considering entering the market to buy your first home and feel you have numerous unanswered questions: Have no fear – your HERO is here!

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Topics: Homeownership

Getting to Know the Governor's House PrograM

Posted by South Dakota Housing Authority on Dec 15, 2016 4:43:06 PM

The dream of owning a home is still alive and well for many people – and the financial hurdles of realizing that dream don’t have to stop South Dakotans in need from pushing forward on a home purchase.

The Governor’s House program provides safe, affordable, healthy housing for residents who need some assistance.

Here’s a breakdown on what the program has to offer.

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Topics: Homeownership

9 Pieces of Advice Most First-Time Homebuyers Don't Consider

Posted by South Dakota Housing Authority on Nov 17, 2016 2:53:02 PM

If you’ve begun the process of buying your first home, you’ve probably heard it all. “Get preapproved.” “Shop around.” “Try a First-Time Homebuyer Loan.”

What about the tips you don’t hear from every friend and family member? They’re just as important but not talked about as often.

Here are nine examples of advice that could benefit your homebuying process that you may not have heard yet.

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Topics: Homeownership

5 Factors to Keep in Mind When Choosing Renters’ Insurance

Posted by South Dakota Housing Authority on Nov 10, 2016 3:49:22 PM

You insure your car. You insure your health. You even insure your life. So why wouldn’t you insure your belongings when you’re in (or about to enter into) a rental agreement? Circumstances might call for replacing some or all of your prized possessions, so ensuring you have a little assistance in paying for these replacements is a no-nonsense decision. 

Here are five factors to keep in mind when determining your renters’ insurance needs. 

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Topics: Renting

Renter's Insurance: Do You Really Need it?

Posted by South Dakota Housing Authority on Oct 21, 2016 5:43:50 PM

We all have those necessities in life that just don't seem all that necessary. We ignore the "check engine light" at first, we push the gas tank to its last sputters to avoid a trip to the gas station and we roll our eyes when a friend or family member says, "You should get renter's insurance."

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Topics: Renting

Lending in South Dakota: How Your Customers Are Rating You

Posted by South Dakota Housing Authority on Oct 14, 2016 12:04:14 PM

When it comes to building a good reputation in the housing market as a reliable lender, feedback from your key markets is, well, key. That’s why the South Dakota Housing Development Authority’s (SDHDA) regular survey of mortgage lending customers participating in the SDHDA homeownership programs offers some valuable insight into where your customers’ heads are at.

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Topics: Lending

Coming Soon: 2016 SDHDA Annual Housing Conference

Posted by South Dakota Housing Authority on Oct 7, 2016 10:03:48 AM

The 26th Annual Statewide Housing Conference is just around the corner. Set to take place Oct. 25-26, at the Ramkota RiverCenter in Pierre, the conference will feature plenty of networking opportunities and breakout sessions covering topics ranging from property management and housing policies to development and homeownership.

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Topics: Property Development, Property Management, Lending

Pack This, Leave That: First-Time Homebuyer Moving Tips

Posted by South Dakota Housing Authority on Sep 30, 2016 9:52:37 AM

Let’s face it – moving can be a stressful ordeal. (Unless you’re a fan of packing and unpacking, in which case, have fun!) The truth is, it can be a big source of stress, particularly if it’s your first time buying a home.

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Topics: Homeownership