Buying a house in South Dakota in 2026 can be a challenge due to a competitive seller’s market with rising prices, yet it remains relatively affordable compared to national averages. Home values grew about 4.8% to 9.2% in 2025, with a median price around $320,000. While inventory is improving, high demand in cities like Pierre […]
Demographics Millennials are the largest group of home buyers in 2024. Younger millennials (ages 25–33) and older millennials (ages 34–43) together account for 38% of all home buyers. Interestingly, younger millennials are the most educated group, with 80% having at least a bachelor’s degree. Homeownership Rate The homeownership rate in the U.S. was 65.6% in […]
Mortgage rates are falling slightly. Zillow reports that the national average 30-year fixed rate mortgage is at 6.60%, while the 15-year fixed rate is at 5.87%. But if you are holding out hope that mortgage rates will return to three percent, it’s not likely anytime soon. Mortgage rates have come down from the peak of […]
A major shakeup is coming to the real estate industry, and it’s set to impact how realtors across the U.S. do business. These changes are part of a $418 million settlement reached in March between the National Association of Realtors (NAR) and several plaintiffs. The settlement aims to overhaul the commission system that has long […]
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