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CNN's Money Magazine named Sioux Falls on their Best Places to Live 2010 True, the nearest big cities are over three hours away. But there's plenty to do right here. Sioux Falls boasts numerous arts galleries, theatres, museums, restaurants, and nightlife.
The park system is extensive, with biking trails, sports fields, and the popular Great Plains Zoo. This town has weathered the economic storm better than most, with many employment opportunities and affordable homes. Health-care facilities here also get high marks.
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Forbes Magazine names Sioux Falls as the #2 Best Small Places for Business Sioux Falls is the Cultural center of South Dakota. Originally centered on quarrying and agriculturally-based industries, the economy of Sioux Falls has become greatly diversified and more service-based over the last half-century, making the city an important location for financial services, health care, and retail trade.
It May Be Time to Think About Buying a House Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers.
December 5th, 2008 www.nytimes.com
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This May Be the Golden Age for First-Time Home Buyers Five or ten years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers. Then, everyone who sat on their downpayment savings accounts for a few years too long will kick themselves for not taking advantage of what may turn out to be the buying opportunity of a lifetime for those who can qualify for a mortgage. Unfortunately, we do not know when this golden age will begin, because we will be able to identify a bottom to the housing market only with the benefit of hindsight. But as it does with the stock market, the moment will arrive when everyone is feeling the most pessimistic. That moment is certainly getting closer. Housing prices have fallen drastically from their peak levels in many areas of the country, and mortgage interest rates have been declining. Meanwhile, first-time home buyers have the same advantage they have always had, which is that they do not have to sell their old place before buying a new one. That is an added advantage in areas where many available houses simply are not moving, because the people trying to sell them will not be bidding against the first-timer. (www.seattletimes.com)
Seattle Times (12/13/08); Ron Lieber, New York Times News Service Sioux Falls Ranked Number 1 in the Nation for BEST Cities to Find a Job Job seekers with no ties to any particular location often seek jobs in big cities like New York, Chicago, Illinois, Los Angeles, California, or San Francisco, California.
But are these the places where they're most likely to find a job?
Not according to the most recent data from the Bureau of Labor Statistics.
Job seekers are better off looking in such cities as Sioux Falls, South Dakota; Idaho Falls, Idaho; and Rapid City, South Dakota. All of these cities registered some of the lowest unemployment rates in September 2008....
Opportunity Knocks for Home Buyers Homeownership is an important part of the American way of life, and for most people, the question isn’t if they will buy a home, it’s when that purchase will occur.
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