Why Some Millennials are Skipping Starter Homes

One of the most prevalent discussions in today’s housing market is the shortage of available homes for sale.  Construction activity has yet to surpass its pre-Recession peak and in many metros, home buyers are vying over the same few available properties for sale.  Starter homes especially are feeling the inventory Read More

Joining the 800+ Credit Club

Lenders use credit scores to determine a borrower’s ability to repay debts like mortgages and vehicle loans. Credit scores impact lending terms, mortgage rates, and financing eligibility. Typically, scores above 700 are considered good. TransUnion reports only about 20% of Americans have a score above 780 and even fewer rank Read More

What to Consider as a First-Time Homebuyer

Buying a home for the first time can be intimidating. Whether you’re fresh out of college or buying for the first time later in life, there are several things potential homeowners need to consider before making a purchase. Making a wrong decision when it comes to buying a home will not Read More

Why Non-Bank Lenders are the Future of Mortgages

Where is the US economy going? Who will win March Madness? Will it rain next week? There are hardly any topics on which we all collectively agree—which makes it exciting to report that we all seem to agree that non-bank lenders are the future of mortgages. In 2013, Bloomberg Business Read More

Why the Kahler Team?

Spring is here, and March Madness is upon us.  Ask any realtor in Rapid City, and they will confirm that March Madness is in full swing in the real estate market, as well as on the basketball court.  The correlation between the two confirms why I decided to join this powerful Read More

How Does a Credit Score Affect a Mortgage?

For first-time homebuyers, understanding how their credit score will affect your mortgage eligibility can be tricky. Not only will your credit history help determine if you qualify for a mortgage, it can also shape the kind of mortgage you can get—and how much you end up paying for a home Read More

Rapid City Real Estate August Market Snapshot 2015

Market Overview for Rapid City Real Estate Although the Real Estate market witnessed a 6% increase in home sales TYD, August witnessed 7.9% more homes for sale and appreciation drop for the third straight month to 1.7%. This means there are more homes on the market, affordable prices, and still low Read More

Young People Still Want to Buy Homes

Young millennials are waiting longer to buy houses than previous generations, leading some market experts to surmise that they simply don’t want to own property. This isn’t true. Millennials appear just as willing and eager to buy homes as anyone else — especially now that rising rents are surpassing the Read More