Do you want to know what your
house is worth?

Information is a powerful tool, especially when you are in the market to sell or buy a home. The Tony Ratchford Group provides you with Tony’s up-to-date market news, including sales histories and current interest rates in the Sioux Falls area. You can also find helpful buying and selling tips.

If you would like access to exclusive information on financing options, closing costs, understanding purchasing agreements, construction and property inspection guidelines, how to find the right home at the best value, or how to price your home and sell it faster, contact us.




For Buyers
Get help doing reseach to find the right house.  We invite you to call!
For Sellers
Repair and de-clutter your home, buyers can't always see past this.



These rates reflect an average for our area as of September 1, 2010.  We recommend contacting our endorsed lenders for your ideal program.

 30 year conventional

4.375%

 15 year conventional

3.750%

 30 year government (FHA/VA)

4.375%

 15 year government (FHA/VA)

4.000%

 South Dakota Housing Authority  
         Fixed 30 year

4.500%

         Adjustable 1 year/5 year

3.500%

Communication

In today’s world of emails, texts, and tweets, is communication just disseminating information, or is communication a two way street where a need for exchange occurs?  I suspect it is both.  But in a world of high tech one must wonder if we are losing our ability to communicate on a level for common ground.

If communication is nothing more than stating a fact or opinion, how does one actually know if the message is understood?

The basis for our success of The Tony Ratchford Group is simply our ability to interact with our clients.  This includes dissemination of information via email or reports posted on our website, but more importantly it’s the ability to understand, and that requires an exchange of ideas.

Personally, I think of one sided communication as simply marketing or speech making, but two way communication as a desire for a relationship driven by understanding.  Is it possible to fully understand the needs, goals, and desired outcome without feedback and dialogue?

We’ve also discovered the more educated one becomes and the more precise questions are, the better the results obtained.  This can’t be done through technology alone.  Some would argue that 90% of true communication is through body language.  I tend to agree.

Finding common ground, or getting on the same page, allows everyone to move forward with the same goal in mind.  Quite often this is a process and a matter of trial and error during a discovery opportunity; whether it’s looking at homes, thinking of selling, or simply in dialogue looking for direction.

One might go as far to say goals are hardly accomplished without sincere and written communication.  Speech making, statements of fact, emails, texts, and tweets have little opportunity for feedback and exchange of ideas without mistaking the intent.

Try communicating with your partner, spouse, or friend purely with written word only.  Can you imagine not speaking with them for any extended period of time and expect a meaningful relationship?  It doesn’t happen.

Our commitment to you at The Tony Ratchford Group is to have a purposeful line of communication to disseminate information, find solutions to your problems, and answers to your dreams.

  We invite you to call.

Tony Ratchford, Real Estate Broker, CRS, SRES, ABR

 
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The following information was obtained through Realtors Association of the Sioux Empire. It does not include private sales outside the system, and reflects single family residential activity for the past two weeks ending 8/31/10. Updates will be bi-monthly.

 

Sioux Falls

Total Area

August 1-15

August 15-31

August 1-15

August 15-31

Active Number of Listings 921 895  1743 1863 
New Listings added this period 134 136  219 237 
Number of Pending Sales (not closed) 63 106  98 155 
Number of Sold (closed) 49 100  81 145 
Number of Homes Off Market (Inactive) 101 102  188 156 



Market Comments

The end of summer doldrums has kept the market in check.  There are no major changes one way or another from our previous report.  Steady activity.



Forecast: 

Back to school, end of summer vacations, and cooler weather will create more focus on moving before winter.  Exceptionally low interest rates, 95+% employment, and positive local economic numbers will encourage improved market activity.





Disclaimer: This information is Tony Ratchford’s view on the current market condition and is based on experience affirmed from more than 2800 closed transactions over the past 28 years. For more details feel free to contact Tony at 605.336.8866.