Your source for expert information on housing in South Dakota

How to Buy a Home in a Seller's Market

Posted by South Dakota Housing Authority on Jul 5, 2018 1:50:14 PM

The housing market can change month to month—whether it's a "buyer's market" or a "seller's market" can depend on the time of year, where you live and the style of home for which you're looking. When it comes to navigating a market that is more predisposed to sellers, there are small steps you can take to stay competitive and secure your dream home.

Here are five tips for buying a home in a seller's market.

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Topics: Homeownership

The Renter's Guide to Aberdeen

Posted by South Dakota Housing Authority on Jun 21, 2018 11:47:59 AM

If you're ready to call Aberdeen home, your rental housing needs may soon be met. South Dakota Housing Development Authority (SDHDA) can be a great first step toward finding affordable rentals. Apartment-hunters in South Dakota's third-largest city should read on for a guide to local property managers and other important info.

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Topics: Renting

How to Tell When You've Outgrown Your Starter Home

Posted by South Dakota Housing Authority on Jun 14, 2018 9:28:58 PM

You're no stranger to the homebuying process. You bought your first home, and perhaps have been in it for many years. When is it time to upgrade? How can you tell when you've outgrown your starter home? Other than the obvious—your family members now outnumber your available bedrooms, etc.—what other signs indicate it's time to make the move?

Here are four signs you might be due for a repeat homebuying experience.

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Topics: Homeownership

The Homebuying Timeline: How Long Does it Take?

Posted by South Dakota Housing Authority on Jun 7, 2018 5:11:31 PM

While everyone's homebuying journey can vary, there are a few essential steps that nearly everyone goes through. When embarking on the home-purchase process, you'll hit many of the following milestones, regardless of whether or not you're a first-time or repeat buyer.

Your timeline will likely look something like this.

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Topics: Homeownership

Homebuying as a Senior: Knowing Your Options

Posted by South Dakota Housing Authority on May 31, 2018 11:28:57 AM

If you're elderly and have lived in your home for a while or rented for many years, you might be in the market for a change of scenery. Senior homebuyers have some factors to consider when thinking about downsizing or moving out of an apartment.

Consider the following if you're searching for a new home as a senior homebuyer.

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Topics: Homeownership

The Guide to Affordable Housing in Sioux Falls

Posted by South Dakota Housing Authority on May 24, 2018 10:48:03 AM

Whether you're seeking a rental home in our state's largest city or an apartment with an affordable price tag (or even a home you'd own outright), you have plenty of options in Sioux Falls. We've assembled some useful information for those hunting for the most budget-friendly rental and purchased properties in the city limits.

Read on for our guide to affordable housing in Sioux Falls.

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Topics: Renting, Homeownership

How to Make Your Rental Property Appeal to Millennials

Posted by South Dakota Housing Authority on May 17, 2018 11:18:48 AM

As renting beyond your 20s continues to be a common occurrence generationally, appealing to millennials has become more and more critical to property managers. But how do you crack the code of setting yourself apart from other available options in your community?

Here are just a few of the ways you can enhance your property to make it more millennial-friendly.

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Topics: Renting

What a Homebuyer is Looking for in a Lender

Posted by South Dakota Housing Authority on May 10, 2018 9:31:55 AM

As a lender, your business will ebb and flow based off of the decisions of homebuying borrowers. If potential customers buy into what you're offering, your business can grow in sync. So what are homebuyers looking for in a potential lender, anyway?

Here are four things you should keep in mind when trying to attract new borrowers.

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Topics: Lending

The First-Time Homebuyer's Guide to Watertown

Posted by South Dakota Housing Authority on May 3, 2018 9:59:04 AM

In search of a new place to call home in Watertown, South Dakota? South Dakota Housing Development Authority (SDHDA) has programs for homebuyers who are purchasing for the first time in South Dakota's fifth-largest city. The SDHDA First-Time Homebuyer program makes the process much simpler and more manageable.

Check out our first-time homebuying guide to Watertown.

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Topics: Homeownership

6 Things Most First-Time Apartment Renters Forget

Posted by South Dakota Housing Authority on Apr 26, 2018 3:34:15 PM

Before you commit to a home purchase, you may be more inclined to rent for a while. When it comes to renting, though, there are still many things people should keep in mind before signing any documents.

Here are six potential considerations that can help you avoid some pitfalls in the renting process.

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Topics: Renting

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