Home ownership strong in Black Hills - KOTA Territory News

Home ownership strong in Black Hills

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"it's beautiful, it's comfortable, it's just really a nice fit for us." said Rose Kor.

For Jim and Rose Kor the decision was easy.

"I think when we bought the property the price was right, it was a good buy, it was economically feasible." Said Rose Kor.

The right price, location, and close to a big city all were deciding factors on owning a home in Custer County.

"We've always owned our own home, we think that's the way to go, you can do with it what you want." Said Rose's husband Jim.

While the rate of home ownership in the United States continues to fall the rate in South Dakota is slowly growing.

According to the US census 68 percent of homes in South Dakota are owner occupied. In Custer County there is a 78 percent rate of ownership.

Jared Carson, President of the Southern Black Hills Realtors Association, said "I would have to say a lot has to do with demographics as well as differences in economy. Down here in Custer County we're heavily geared toward tourism as well as becoming more of a retiree community."

The Black Hills as a whole has averaged a home ownership rate of 67 percent, while Rapid City sits at 69 percent.

"Folks are looking for slower pace of life. Getting out away from larger cities we offer a great amount of open space and elbow room." said Carson.

With so much to do in such a beautiful setting, more people are finding their way to Custer County.

For more information on home ownership statistics visit blackhillsknowledgenetwork.org

 

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