GayRealEstate USA

Around the Nation -- Residential Real Estate Update - South Dakota

By Jeff Adolph

State-by-state

Situated in the Midwestern region of the U.S.A, this state is ranked as the 46th largest by population with 758,844 people residing in this region.

The service industry is the largest economic contributor in this state, this includes health care, retail and the financial sectors. Agricultural outputs include soybeans, hogs, wheat, cattle and corn.

this state has no income tax, and charges a slaes tax of 4%. State revenue does not collect property tax however the local government do, and property owners in this state may betaxed by 1 or more units, such as counties, school districts etc. Assessment is at market value and the prices are capped at last years value plus 3% CPI.

Soiux Falls

House medians in this area are around $119,200 with home appreciation riseing by 5.2% compared to this time last year. Median rental rates are around the $685 mark with 74% of home sin this region owned and 26%rented. Housing affordability in this area hovers around the 56% mark, which is below the national average.

LGBT Real Estate Facts: There are approximately 826 same-sex couples residing in South Dakota making this region the 50th gayest state in America. The gayest zip codes in this locality are 57103, 57104, and 57105 Sioux Falls; 57201 Watertown; 57401 aberdeen; 57701 and 57702 Rapid City. -- gaydemographics.com

Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com

Picture Source: wikipedia.org

-----------------------------------------------------------------

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

State-by-state

Situated in the Midwestern region of the U.S.A, this state is ranked as the 46th largest by population with 758,844 people residing in this region.

The service industry is the largest economic contributor in this state, this includes health care, retail and the financial sectors. Agricultural outputs include soybeans, hogs, wheat, cattle and corn.

this state has no income tax, and charges a slaes tax of 4%. State revenue does not collect property tax however the local government do, and property owners in this state may betaxed by 1 or more units, such as counties, school districts etc. Assessment is at market value and the prices are capped at last years value plus 3% CPI.

Soiux Falls

House medians in this area are around $119,200 with home appreciation riseing by 5.2% compared to this time last year. Median rental rates are around the $685 mark with 74% of home sin this region owned and 26%rented. Housing affordability in this area hovers around the 56% mark, which is below the national average.

LGBT Real Estate Facts: There are approximately 826 same-sex couples residing in South Dakota making this region the 50th gayest state in America. The gayest zip codes in this locality are 57103, 57104, and 57105 Sioux Falls; 57201 Watertown; 57401 aberdeen; 57701 and 57702 Rapid City. -- gaydemographics.com

Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com

Picture Source: wikipedia.org

-----------------------------------------------------------------

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

Have Your Say On the LGBT Political Front - August 19th 2007

By Jeff Adolph

LGBT Politics

In a national first, the Democrats are challenging the Republicans by staging a debate that is dedicated to the LGBT community and will answer many of the issues facing Lesbians, Gays, Bi-sexual's and the Transgendered across the nation.

The leading candidates for the Democratic  nomination for presidency will actively involve themselves in this debate on August the 9th, which is being telecast by LOGO, a gay cable network. Alternatively, you may view proceedings on http://www.logoonline.com/ if you are unable to access the network.

Participants in the debate will include Hilary Clinton, Barack Obama and John Edwards (pictured above), with the moderators being singer Melissa Etheridge and Joe Solmonese, Human Rights Campaign's president.

If you would like to actively participate by lodging questions for the candidates to answer you may do so by logging on to LOGOonline.com as well as on HRC.org.

Source: Demorcrats to Hold Gay Debate (2007) available online at www.wweek.com

------------------------------------------------------------------

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

Flanagan's Dream Becomes Reality on St Pat's

By Jeff Adolph

Special Interest

Brandon Flanagan's aspiration was destiny, especially with a surname like his; and opening an Irish pub in time for St Patrick's Day is just good business ethics. Flanagan once a bartender and bar manager in the Terry Peak Ski Area saw the sale of a piece of real estate with potential as the perfect opportunity to fulfill his dream. Plus, being good friends with Chad and Mandy Knight, owners of Knight's Cellar spurred him on.

Selling a residential property saw Flanagan then purchase the former establishment of Good Earth Natural Foods on 729 Seventh St, Spearfish and set about renovating it into what would become known as Flanagan's Irish Pub.

Finding a 24 foot long bar made of 100 year old oak that had a diverse history was what some would have deemed the luck of the Irish, but for Flanagan it was simply 'a beauty'.

Taking possession of his newly acquired real estate on his birthday, Jan 16th could have been seen as another good luck omen. For Flanagan however, this meant time enough to renovate and open on a special day, St Pat's.

The pub now complete opens it doors for up to 80 people and has a beautiful 12x34 foot deck on the back, as well as seating out the front meaning patrons can enjoy a Guinness in style.

Happy Saint Patrick's Day to You All and May You Find Your Pot of Gold at the End of that Rainbow!

Source: Daly, D (2007) Flanagan's Dream Becomes Reality on St Pat's; available online at http://www.rapidcityjournal.com/articles/2007/03/15/news/local/news04.txt

Images: http://www.pics.de

---------------------------------------------------------

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Special Interest

Brandon Flanagan's aspiration was destiny, especially with a surname like his; and opening an Irish pub in time for St Patrick's Day is just good business ethics. Flanagan once a bartender and bar manager in the Terry Peak Ski Area saw the sale of a piece of real estate with potential as the perfect opportunity to fulfill his dream. Plus, being good friends with Chad and Mandy Knight, owners of Knight's Cellar spurred him on.

Selling a residential property saw Flanagan then purchase the former establishment of Good Earth Natural Foods on 729 Seventh St, Spearfish and set about renovating it into what would become known as Flanagan's Irish Pub.

Finding a 24 foot long bar made of 100 year old oak that had a diverse history was what some would have deemed the luck of the Irish, but for Flanagan it was simply 'a beauty'.

Taking possession of his newly acquired real estate on his birthday, Jan 16th could have been seen as another good luck omen. For Flanagan however, this meant time enough to renovate and open on a special day, St Pat's.

The pub now complete opens it doors for up to 80 people and has a beautiful 12x34 foot deck on the back, as well as seating out the front meaning patrons can enjoy a Guinness in style.

Happy Saint Patrick's Day to You All and May You Find Your Pot of Gold at the End of that Rainbow!

Source: Daly, D (2007) Flanagan's Dream Becomes Reality on St Pat's; available online at http://www.rapidcityjournal.com/articles/2007/03/15/news/local/news04.txt

Images: http://www.pics.de

---------------------------------------------------------

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Special Interest

Brandon Flanagan's aspiration was destiny, especially with a surname like his; and opening an Irish pub in time for St Patrick's Day is just good business ethics. Flanagan once a bartender and bar manager in the Terry Peak Ski Area saw the sale of a piece of real estate with potential as the perfect opportunity to fulfill his dream. Plus, being good friends with Chad and Mandy Knight, owners of Knight's Cellar spurred him on.

Selling a residential property saw Flanagan then purchase the former establishment of Good Earth Natural Foods on 729 Seventh St, Spearfish and set about renovating it into what would become known as Flanagan's Irish Pub.

Finding a 24 foot long bar made of 100 year old oak that had a diverse history was what some would have deemed the luck of the Irish, but for Flanagan it was simply 'a beauty'.

Taking possession of his newly acquired real estate on his birthday, Jan 16th could have been seen as another good luck omen. For Flanagan however, this meant time enough to renovate and open on a special day, St Pat's.

The pub now complete opens it doors for up to 80 people and has a beautiful 12x34 foot deck on the back, as well as seating out the front meaning patrons can enjoy a Guinness in style.

Happy Saint Patrick's Day to You All and May You Find Your Pot of Gold at the End of that Rainbow!

Source: Daly, D (2007) Flanagan's Dream Becomes Reality on St Pat's; available online at http://www.rapidcityjournal.com/articles/2007/03/15/news/local/news04.txt

Images: http://www.pics.de

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

Expansion Shelving Could Harm States Economy

By Jeff Adolph

Development Dilemmas

The $100 million expansion proposed by John Morell & Co. for the Smithfield Foods facility looks as though it will not go ahead as initially planned, and for the South Dakota economy and the construction company this could spell an adverse effect in growth.

The states economy tipped at $29.4 billion in the 2004 US bureau of Economic Analysis, which saw South Dakota sit at 13.08% below the national average with an estimated 13.2% of the population living below the poverty line. South Dakota has approximately 2% of the nations gay population residing within it and is said to have the smallest % in the nation, with an estimated 10,000 gay adults contributing to the affluence of the state.

Governor Mike Rounds believed the '$100 million in construction dollars' could possibly boost the states economy to $34 billion in 4 years as it 'turned over several times' within the community.

While the states economic growth is developing as predicted the lose of 'what would have been the biggest single expansion in state history raises significant concern,' said the spokesman of Rounds, Mark Johnston.

The expansion would have created up to 200 additional jobs and kept Morrell operational in Sioux Falls with the increased property taxes providing substantial benefit to the community as a whole.

At first, when the expansion was announced Dennis Treacy, Smithfield Foods vice president of Government Affairs said, 'that it would address rising demand for prepackaged and precooked meats, particularly bacon. Demand and a much-needed face-lift to the aging facility would keep it profitable and running for years.

However, that was prior to the company focusing on acquisitions elsewhere. Evidentially, last month Smithfield Foods purchased Missouri-based Premium Standard Farms for $650 million taking the company's total annual acquisitions to around the $1 billion mark.

While it is doubtful the site will close, it is predicted that its profitability will remain stagnant in its present shape, and it looks highly unlikely that the re-development will happen. Though, many residents remain optimistic and have crossed their fingers that this will be only a delay in construction not the termination of the project entirely.

Sources: Simon, S (2006) S. Dakota Not Sure About Gay-Marriage Ban: available online at http://www.latimes.com/news/nationworld/nation/la-na-gaymarry4nov04,1,4929395.Story?track=rss&ctrack=1&Cset=true

Wikipedia (2006) South Dakota: available online at http://en.wikipedia.org/wiki/South_dakota

Dobbs, K (2006) Change in Plans Could Hurt State Economy: available online at http://www.argusleader.com/apps/pbcs.dll/article?AID=/20061029/NEWS01/610290336/1001/NEWS

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

The $100 million expansion proposed by John Morell & Co. for the Smithfield Foods facility looks as though it will not go ahead as initially planned, and for the South Dakota economy and the construction company this could spell an adverse effect in growth.

The states economy tipped at $29.4 billion in the 2004 US bureau of Economic Analysis, which saw South Dakota sit at 13.08% below the national average with an estimated 13.2% of the population living below the poverty line. South Dakota has approximately 2% of the nations gay population residing within it and is said to have the smallest % in the nation, with an estimated 10,000 gay adults contributing to the affluence of the state.

Governor Mike Rounds believed the '$100 million in construction dollars' could possibly boost the states economy to $34 billion in 4 years as it 'turned over several times' within the community.

While the states economic growth is developing as predicted the lose of 'what would have been the biggest single expansion in state history raises significant concern,' said the spokesman of Rounds, Mark Johnston.

The expansion would have created up to 200 additional jobs and kept Morrell operational in Sioux Falls with the increased property taxes providing substantial benefit to the community as a whole.

At first, when the expansion was announced Dennis Treacy, Smithfield Foods vice president of Government Affairs said, 'that it would address rising demand for prepackaged and precooked meats, particularly bacon. Demand and a much-needed face-lift to the aging facility would keep it profitable and running for years.

However, that was prior to the company focusing on acquisitions elsewhere. Evidentially, last month Smithfield Foods purchased Missouri-based Premium Standard Farms for $650 million taking the company's total annual acquisitions to around the $1 billion mark.

While it is doubtful the site will close, it is predicted that its profitability will remain stagnant in its present shape, and it looks highly unlikely that the re-development will happen. Though, many residents remain optimistic and have crossed their fingers that this will be only a delay in construction not the termination of the project entirely.

Sources: Simon, S (2006) S. Dakota Not Sure About Gay-Marriage Ban: available online at http://www.latimes.com/news/nationworld/nation/la-na-gaymarry4nov04,1,4929395.Story?track=rss&ctrack=1&Cset=true

Wikipedia (2006) South Dakota: available online at http://en.wikipedia.org/wiki/South_dakota

Dobbs, K (2006) Change in Plans Could Hurt State Economy: available online at http://www.argusleader.com/apps/pbcs.dll/article?AID=/20061029/NEWS01/610290336/1001/NEWS

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA

---------------------------------------------------------

*Real Questions Real Answers*

Do you believe that an attributing factor to this states lower economy may be because of the lack of gay people within its population?

Click on Comments below and share your view…

And, remember leaving your personal details is voluntary, these are not a requirement of posting comments!

-----------------------------------------------------------------

© 2006 Jeff Adolph GayRealEstate USA