Blog---November 11, 2024—9-10—Report Card Show
It’s our Report Card Show----as we learned from Neil King---Building Permit Chief that they have on the shelf—enough dollars to reach 1 billion dollars in permits for the 4th year in a row.
Mr. King pre-recorded his information for use in this show---and right behind was Larissa Deedrich—Executive Director SF House Redevelopment Commission.
While we were at Tony Bachman---who helped us host the show---and Bender and Company’s Rob Kurtenbach—explained there thoughts on what it means in housing for Sioux Falls Building Permits.
The Sioux Falls Housing Market in October 2024 showed increased new listings and pending sales, higher median sales prices $335,000 a 9.8% increase. And a slightly decreased months’ supply of homes despite a national decline in existing home sales.
Teddi Mueller—Home Builders Association Executive Director—and the 2024 President of the Home Builders Association Joel Ingle weighed in as well.
As you might gather---the numbers for Sioux Falls is outpacing other parts of the country-----and it’s something we’ll continue to watch in the last read out that will come on December 2, 2024.
Dave Kelly ---Fareway Mortgage gave us point towards the Presidential Election last Tuesday-----and the growth this area is showing.
The increased activity in Sioux Falls suggests a local market dynamic less sensitive to national economic factors affecting buyer confidence. Possible contributing factors, not explicitly mentioned but suggested by the data could include strong local economic growth, population increases, or unique regional housing demand exceeding supply.
Also in the show with their thoughts—Steve Swenson---Handy Man—Todd Boots-Former President of the South Dakota Home Building Association, Jerry Berg Intek and Joe Hansen Extreme Heating and cooling.
Our It’s YOUR Business show includes the Remodelers Show-which will lead off December on the 2nd and the Report Card Show on December 9th.
We appreciate our leadership in the home building, the real estate side, and the banking side helping us explain what they see---and perhaps where we are going.
The other thing we are seeing as well is the interest people have in Sioux Falls and an ever-expanding area. Yes Multi-States.
Our Report Card and Remodelers Shows do provide information from a variety of sources---including Former President of the South Dakota Home Builders---Todd Boots---Jerry Berg Intek, Joe Hansen—Extreme Heading and Cooling.
Names change as President of the Real Estate Association and President of the Home Builders change every year. We like having those groups and others represented in what they see—and what the trends are----
Our Record Card and Remodelers show are heard 9-10 on l320, 105.1, 107.9—use the KELO-App—Streaming on line or just ask Alexa.
Norm Anderson posts the podcast----for this show—and I provide this Blog as a guide to what is in the show and where to find it. Questions for me—feel free to call-text at 605-728-Bill or email me at bill.zortman@mwcradio.com.