HOW’S THE RAPID CITY REAL ESTATE MARKET?

Every day some one asks me “How’s the Rapid City real estate market?”  Sometimes the unspoken subtext is “Give me the gory bloody details!”  But there aren’t any.   As this chart shows, no surprise, the national bubble burst in May 2007.  Californians were in la-la land of free American Dreams, but the Black Hills area would have nothing of it.  Like I always answer the question, “We didn’t participate in the bubble, so we aren’t participating in the bust.”  Good ole South Dakota, just keeps loping along.  Soon as we get past the five crazy states holding the entire nation back, then the Black Hills can get on with our same boring old solid year after year growth rates.

For more info, here is the source.

If you want to discuss the Black Hills and Rapid City real estate markets, or help with selling your home, give me a call!  -Lee Alley.  605.863.080

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