End of October in Real Estate news........

Well it is the end of October and the real estate market in Rapid City and the Black Hills is still very active. Interest rates have remained very low and I am showing lots of properties to lots of buyers. I appreciate all and any comments to this blog and hope you find it useful.
During the month of September 2005, there were 140 new residential listings in and around the Rapid City area. The total # of homes for sale is 601 which includes new construction, town homes, mobile homes, etc. 217 homes have sold or are under contract. Avg. price of a home in the Black Hills is $154,037 with an average of 54 days on the market. Sellers have been receiving 98.63% of their asking price.
Thank you blackhillsdining and Jarrett Mackey for being the first 2 commentators on this blog. My wish is to help with any real estate questions of anykind, finding people the right home, land or business, help them obtain financing and build a network of friends, real estate related businesses and others. Happy homes till we chat again. Duane Hosek 605-391-8424

Ellsworth Air Force Base Stays Open in the Black Hills

Hello........I am Duane Hosek..........Creator of this blog. I am a Realtor in Rapid City, the largest town in Western South Dakota with a population of about 75,000 people. I hope this blog will provide information to anyone in the world who would like to know about our Black Hills area. This is where Mount Rushmore is located as well as the largest herd of bison (buffalo) are located.
Our military base was on the Pentagon's closure list and we were able to get organized and have been removed from that list. Our base employs about 4,500 military personnel and several hundred civilian jobs as well. The months of June, July and August were very slow in sales of homes, land, and commercial real estate. However since the announcement that we are keeping our Air Base, sales have picked up to normal again.
I invite you to my website at www.duanehosek.com where you can view homes, or land by price range here in the Black Hills. Also, feel free to e-mail me anytime at duanehosek@hotmail.com if you would like to know more about the area and are perhaps interested in moving here or finding a 2nd home, etc.
Well, this is my first entry, so I will leave it at that. Hope to hear your comments if you have ever visited the Beautiful Hills here and wish you all the best.