Insights
Local real estate, national markets, and what we're learning on the ground in Sioux Falls — updated daily.
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Sioux Falls
New apartment projects are changing the Sioux Falls rental landscape. We examine recent construction trends, rising vacancy rates, and how these factors are influencing local rent prices and investment decisions for multifamily properties.
Apr 2026 · 3 min · Luke Properties
Investing
What actually pencils in the 605 right now — by neighborhood, property type, and how much you should be putting down.
Apr 2026 · 7 min · Luke Properties Team
Investing
Refi rates moved. Construction costs moved. Here's how the two classic strategies stack up in the 605 today, with real deal numbers.
Apr 2026 · 6 min · Luke Properties Team
Investing
Depreciation, cost segregation, 1031 exchanges, REPS, and the QBI deduction — explained without the CPA jargon.
Apr 2026 · 8 min · Luke Properties Team
Local
Cathedral, McKennan, Whittier, All Saints, and the new builds out west — how each Sioux Falls neighborhood actually feels day-to-day.
Apr 2026 · 9 min · Luke Properties Team
Market
Median rents, vacancy, and where the next 1,200 units are coming online. Our quarterly read on the 605 rental market.
Apr 2026 · 5 min · Luke Properties Team
Local
From pre-approval to closing day — the exact 12 steps we walk every first-time Sioux Falls buyer through.
Apr 2026 · 6 min · Luke Properties Team
The Insights digest
Every Friday: the Sioux Falls market in 60 seconds, plus the one national story that actually matters for owners and investors. No spam, ever.
The wire
Live local headlines, national real-estate news, financial markets, and today's mortgage benchmarks — all in one place. Bookmark this page.
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Today's rates
Source: Federal Reserve (FRED)
Real-estate stocks
Quotes: Stooq · End-of-day
Why this matters for your house
Live forecast for the 605 — refreshed each visit. Investing or selling here? We watch the weather so you don't have to.
Follow along
Walkthroughs of new listings, before/after rehabs, and Sioux Falls market clips — pulled live from our Facebook page. Like or comment right from here, or pop into the office at 927 E 8th Street.
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