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Home Sales Slowing

Home Sales Slowing

Dan Specht Photo: WNAX


Rising interest rates are having a mixed impact on home sales.
Dan Specht, broker with Vision Real Estate in Yankton, says home prices are staying strong….

Specht says snow and cold is having a bigger influence than interest rates….

The South Dakota legislature approved a two hundred-million-dollar housing infrastructure bill. Specht says that will be a big help….

Specht says interest from out of state buyers has slowed down too.