PIERRE, S.D. (MITCHELLNOW) South Dakota realtors say the housing market could get a boost following the Federal Reserve’s decision to trim its benchmark interest rate by a quarter point. The cut brings rates down to a range of four to four-and-a-quarter percent, the first decrease since last December, and is already nudging local mortgage rates to around six percent. Larissa Luther with the Realtors Association of the Sioux Empire says the move could open doors for more buyers and motivate homeowners to list properties, improving inventory and speeding up sales. While the effects may take time, she says the change should bring added confidence for both buyers and sellers across the state.