Your source for expert information on housing in South Dakota

The Guide to Mortgage Payments: Understanding the Lingo

Posted by South Dakota Housing Authority on Oct 19, 2017 4:20:01 PM

When venturing into the world of homebuying, it may feel like learning an entirely new language. The lingo and jargon might be totally foreign to you. That's why educating yourself on the basics is so important.

Here are just a few common mortgage-related terms you should know when buying a home.

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Topics: Homeownership

How to Calculate Your Mortgage Payment

Posted by South Dakota Housing Authority on Sep 26, 2017 3:04:26 PM

One potential hurdle you may encounter when navigating the world of buying your first home is the mortgage payment. What do all the terms mean, and how can you estimate how much house you can truly afford? The first step is familiarizing yourself with the vocabulary—then it's just a matter of estimating the amount so you can plan ahead for your budget.

Here are a few starter tips for calculating your mortgage payment.

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Topics: Homeownership

South Dakota Housing Programs Homebuyers Should Know About

Posted by South Dakota Housing Authority on Sep 22, 2017 3:11:45 PM

Paying for a home isn't always a one-person or one-family job. There are several funding options available to South Dakotans when it comes to providing a place to live for your household. From assistance programs to housing opportunities, there are many programs to consider.

Here are five South Dakota Housing Development Authority (SDHDA) programs of which you should be aware.

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Topics: Renting, Homeownership

Shopping for Houses in South Dakota: 3 Great First Steps

Posted by South Dakota Housing Authority on Aug 31, 2017 9:29:57 AM

Considering the search for your new home? House-shopping in South Dakota offers potential buyers a lot of options. Take advantage of the services the South Dakota Housing Development Authority (SDHDA) and its partners offer. Our services help ensure you are comfortable with all the steps leading up to purchasing a house.

Here are three steps you should consider—especially if you're a first-time homebuyer.

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Topics: Homeownership

Saving for Your First Home: Tips and Tricks to Do it Right

Posted by South Dakota Housing Authority on Aug 24, 2017 2:47:43 PM

Saving for your first home might seem overwhelming at first. But owning a house can be a big investment that ultimately pays off—especially if you save wisely and start sooner than later. The more you save now, the bigger downpayment you may be able to afford.

Below are eight steps you can take to start saving for your first home.

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Topics: Homeownership

Home Insurance: What it Covers and How it Works

Posted by South Dakota Housing Authority on Aug 17, 2017 3:43:00 PM

You value your home and everything in it. That’s why it’s crucial you have a home insurance policy that protects your property. There is a variety of options from which to choose, so it’s important to know what your policy entails.

Here are some basics to keep in mind when it comes to home insurance.

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Topics: Homeownership

Your Guide to the 2017 South Dakota Housing Market

Posted by South Dakota Housing Authority on Aug 10, 2017 5:44:52 PM

The state’s housing market can change minimally or drastically year to year, but halfway through 2017, there are a few things we’ve noticed. Whether it’s based on home sale numbers, prices or region, the housing market in South Dakota has some unique qualities.

Here are a few things that buyers and sellers (and agents and developers) should know about the housing market in South Dakota in 2017.

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Topics: Homeownership

Qualifying for a Home Loan: Tips and Tricks to Do it Right

Posted by South Dakota Housing Authority on Aug 3, 2017 2:32:14 PM

You’ve decided to purchase a home. You’ve seen others do it, but you don’t know the first steps toward making it happen. Before you dive in head-first, keep in mind that there are certain steps you should take with your finances before you start submitting paperwork.

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Topics: Homeownership

What to Look for in a Second Home: Repeat Homebuyer Tips

Posted by South Dakota Housing Authority on Jul 28, 2017 2:21:12 PM

Whether it’s a need for more space, a new neighborhood you’ve set your sights on or home upgrades you’d like to make, buying a home the second time is bound to happen sooner or later. Here are some common tips for repeat homebuyers when they’re getting back into the buyer’s market. 

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Topics: Homeownership

6 Tips for Making the Most of a Tiny House

Posted by South Dakota Housing Authority on Jul 6, 2017 3:05:03 PM

When it comes to space savings and cost savings, tiny houses can be a great avenue for a starter home or simply an opportunity to down-size. Whether you’re a solo buyer or a small family, there are ways to make this energy- and cost-efficient style of home work for your lifestyle.

Here are six tips to get you started on making the most of your tiny house space. 

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Topics: Homeownership