Optimism about the housing market at home show - KOTA Territory News

Optimism about the housing market at home show


From building to buying, the 40th Annual Home Show has information for all.

"We're going to build out in this area in the future so we're looking at the material and vendors," said Rhonda Pierret from Sherman, South Dakota.

Even with the bad economy, builders and real estate agents say the housing market in Rapid City has stayed pretty strong and is getting better.

"It's a very exciting time things seem to be really picking up in the building industry," said Todd Walhoff, Home Show Committee Chairman.

Real estate brokers say it's the perfect time to buy.

"There's a lot of buyers out there not as many houses interest rates are low so we're seeing a very strong market right now," said broker Daneen Jacquot Kulmala.

Even though builders are optimistic about the construction season they say recent storms like Sandy have affected them.

"Anything like that will impact your building material cost. It's a supply and demand business and when the demand is up, the cost goes up with it. And yeah those have had some impact to us," said builder Jeff Lage. 

The home show goes through March 24 at the Rushmore Plaza Civic Center.

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