September 2017 Real Estate Market Report

This is the September 2017 real estate market report. These reports give you the inside information based on courthouse records as to what has sold at Hidden Valley and 7 Springs Resorts. If you are thinking of selling or buying you need to review these reports and contact us for more information to determine the highest price that will be successful in the market place. Open the links below for a quick look at how sales are starting this year.

Keep in mind this is just a small window of information we share with the public. If you want the UNBIASED facts of what is happening in your community and property contact us. We tell you what factual research indicates and not what a marketing department wants you to believe.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8535. Open the links below for the reports.

 

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TAX REFORM

Our National Association of REALTORS has been actively engaged in the tax reform debate. The plan is expected to double the standard deduction and eliminate all personal deductions except the Mortgage Interest Deduction and the deduction for Charitable Contributions. The plan eliminates the deduction for State and Local Taxes. This will be devastating to middle class homeowners by removing economic incentives for homeownership and raising taxes by an average of $851. By doubling the standard deduction, the Mortgage Interest Deduction would only be available to the top 5 percent of taxpayers.

PLEASE LET YOUR REPRESENTATIVES KNOW HOW YOU FEEL!!

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August 2017 Laurel Highlands Real Estate Market Report

This is the August 2017 real estate market report. These reports give you the inside information based on courthouse records as to what has sold at Hidden Valley and 7 Springs Resorts. If you are thinking of selling or buying you need to review these reports and contact us for more information to determine the highest price that will be successful in the market place. Open the links below for a quick look at how sales are starting this year.

Keep in mind this is just a small window of information we share with the public. If you want the UNBIASED facts of what is happening in your community and property contact us. We tell you what factual research indicates and not what a marketing department wants you to believe.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8535. Open the links below for the reports.

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July 2017 Laurel Highlands Market Report

This is the July 2017 real estate market report. These reports give you the inside information based on courthouse records as to what has sold at Hidden Valley and 7 Springs Resorts. If you are thinking of selling or buying you need to review these reports and contact us for more information to determine the highest price that will be successful in the market place. Open the links below for a quick look at how sales are starting this year.

Keep in mind this is just a small window of information we share with the public. If you want the UNBIASED facts of what is happening in your community and property contact us. We tell you what factual research indicates and not what a marketing department wants you to believe.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8535. Open the links below for the reports.

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Laurel Hill State Park Summer Fun!

We LOVE Laurel Hill State Park! Here are a few of their offerings for this month! Easy to get to from either resort! Call if you have questions, 814-352-8649

  • July 8 Hemlock Hike 4 to 5pm
  • July 8 Moonlight Paddle 9 to 11pm
  • July 12 & 26 Wednesday on the Water 6 to 7:30pm
  • July 15 Bat Facts 8to 9pm
  • July 22 Learn to Kayak 10am to noon & 1 to 3pm
  • July 22 Wild Teas 7 to 8pm
  • July 29 Beginner Bowmanship 9am to 11
  • July 29 Wildflower Walk 7 to 8pm

 

 

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Route 31 Road Construction

It began May 8 and has a very long way to go!! When you exit the PA Turnpike at Donegal be prepared to experience delays! The project begins just above the turnpike exit and continues down to the turn to Route 711 at Sarnelli’s. In a months time much has been done with much more to come! Please pack your patience and watch out for the workers!

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National Flood Insurance EXPIRES Sept 30!

The last time the National Flood Insurance was allowed to expire approximately 40,000 transactions, a MONTH didn’t happen!! WHY? Because if your property is in a flood zone area AND you don’t have flood insurance, NO bank will finance it! Being active in our local, state, and national Realtor Associations has allowed Abe to meet face to face with elected representatives in DC and Harrisburg to explain WHY it is critical to ensure it doesn’t expire again! Check out the information slides!  

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Bridge Replacements!!

PLAN NOW!! The last two *bridges* on the picture are the ones back to back on County Line Road by and just above Somerset Trust. If you stop in at the Saltlick Township office you can see the maps outlining the new one way traffic patterns!! The Rapid Bridge Replacement Project will eventually see 588 structurally deficient bridges in PA replaced. For those of us headed to Seven Springs this will mean ONE LANE traffic! There are alternative routes. Catch up with us for some other options!

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Snowmaking starts in the Laurel Highlands

With 3 days of temperatures forecasted  to be below 30 at night snowmaking has started at both 7 Springs and Hidden Valley resort in the SW of PA. Both resort are working on getting the front intermediate slopes and trail network open. Although no opening date has been announced we could see opening this weekend. Pictures were taken earlier today.

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Updates to skiing at Hidden Valley Resort

Free Weekend

This is an excerpt from a recent article in the Post Gazette by Larry Walsh. Hidden Valley purchased two Prinoth BR 350 snow-grooming machines, installed portable snowmaking on Bobcat and cleared glades and the off-loading area at the top of Avalanche Quad. Updates to the lodge included remodeling of the Alpine and Yukon rooms, seating in the Sunrise Sunset café and now carpeting.  See you on the slopes.

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Do You Rent Your Resort Property??

Or for that matter, do you rent any property that you don’t live in for short time spans?? Do you advertise your property on Internet sites like Airbnb or Vacation Rental By Owner?? Then read this story! Pennsylvania has a 6% hotel tax that is catching up with individual owners of second homes! Note that the tax is to be passed onto the consumer not the owner but what happens if it isn’t collected? It’s very similar to when tax assessors where searching Google or Bing maps to find additions like swimming pools to properties that were never assessed and adjusting the taxes to reflect their findings. Now rental sites are being checked against payment (or lack there of) of the hotel tax. It’s hard to argue that you don’t rent a property when the site shows that it is booked over certain days! This tax is devoted to

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Abe Wagner Awarded Masters of Real Estate

On Friday May 15, 2015 in Washington DC Abe Wagner was awarded a Masters of Real Estate, Sales and Marketing by the National Association of Realtors University. This 24 credit masters program is the only one in the country with an exclusive focus on the sales and marketing of real estate. The university also offers Masters Programs in Association Management and Commercial Sales and Marketing. Our most enthusiastic in congratulating Abe for this exceptional achievement.

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Shaker Urgent Care Center Under Construction

Right after you pass the Family Dollar store on Route 31 you may have noticed dirt being moved around. It’s the first new construction project we’ve had in the Donegal corridor for some time!   We’re still working on getting more details for you but if you’re looking for rental space here’s their email, ShakerUrgentCare@gmail.com

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Trillium Time!

For those of you who follow our BLOG you know how much we love the Indian Creek Valley (ICV) Bike and Hike Trail. Most of you will easily find it because it is located across from the Somerset Trust Bank on County Line Road (Please, only use their parking when they are closed). Although there are multiple sections with each one having its own unique characteristics, including FLOWERS! One of our personal favorites is the Trillium and this weekend they will be blooming for all to see! Check out the ICV website!

 

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Construction Ahead!

Fall 2016 is to be the beginning of a very major and long road project for Donegal! Beginning at the Donegal turnpike exit and to Sarnelli’s Market at Route 711, Route 31 is going to get wider and have existing roads moved around. Let’s start with the turnpike exit. Below you can see how the new road will extend past the current one!

1 Turnpike

The next major change is the interchange of route 711 to Ligonier and the school. The old road to the school is to the right of the new highlighted road.

2 711 and school

Then comes Schoolhouse Road which will cut across the farm and end up right outside of the BHHS office (bottom left building)!

3 School house - us

And the last major fix is at the Route 31 and 711 intersection as shown below. Sarnelli’s Market is on the corner of the bottom right.

4 31 and 711 Sarnellis

We think you should explore some other options to consider NOW before the construction gets underway. Try getting off at New Stanton to Route 66 and taking the Mount Pleasant exit. There are multiple ways to get to County Line road from there! Catch up with us and we can share some more back roads!

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Initial Contribution Fees

We recently discovered that several of the home owners associations are now charging what is called an “initial contribution fee” to buyer’s when settlement occurs. In many market places this has been a common expense for years. So far the fees have been accessed for one full quarter of association dues. Those fees are dependent upon which association and or associations your property belongs too. Read your resale certificate closely as it will be noted there. These fees are required to be added to reserve funds. As financing rules have dramatically changed, higher reserves are greatly smiled upon by underwriters!

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Donegal Interchange and Route 31 Construction

Last January we updated you on the proposed construction of the Donegal Interchange and Route 31 to the Route 711 intersection. This Tuesday, March 24 from 5 to 7, PennDOT has a Public Meeting and Plans Display at the Days Inn in Donegal. You may not be a resident but this will impact your visits to Hidden Valley, Seven Springs and the Laurel Highlands!!  According to the Southwestern Pennsylvania Commission 2015 Twelve Year Program (pages 71-73) this is one of the many projects scheduled in the first phase! Here are some of the major revisions.

We’ll be reporting on the updates but hope to see you there!

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February Financing Report

For the Week Ending February 27, 2015. This report compliments of Kurt Sieg

Please enjoy this quick update on what happened this week in the housing and financial markets.
Fed Chair Janet Yellen eased concerns of a pending policy rate increase. Her testimony helped to stabilize rates this week.

Durable goods orders rose in January, showing manufacturing may be starting to stabilize. This points to a strengthening of the U.S. economy.

Consumer prices dropped in January, led by cheaper gas. Low inflation means the Fed may have to start the process of hiking rates later than June.

January new home sales fell only slightly despite big declines in the snow-battered Northeast. Supply rose to its highest level since 2010.

January existing home sales were at a 9-month low but were still up 3.2% from a year ago. Tight inventory and low rates continue to be factors.

Freddie Mac’s Multi-Indicator Market Index improved for the 4th consecutive month, showing that housing is stabilizing at a national level.

Teacher: “What is the chemical formula for water?”

Student: “HIJKLMNO”

Teacher: “What are you talking about?”

Student: “Yesterday you said it’s H to O!

Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.

Sincerely,

 

Kirk Sieg
862184/LO.045354/MB800302.019-BR
Equity Resources, Inc.
(724) 799-3465
www.callequity.com
ksieg@callequity.net

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NEW $15.00 Hot Dog at the Lift Line Café ?

Frankly, we don’t know nor do we care. This spoof blog post makes fun that the resorts advertise their agents as “Special” and the first to know if something is happening at the resorts. The fact of the matter is that if anything will happen in the way of something NEW in real estate a permit has to be approved in Somerset County and a good friend in that department will make sure we are the FIRST TO KNOW. If you want to know what is really going on in real estate at the resorts follow us, if you are interested in the newest $$$ food item, ask a resort agent, they know 🙂

PS: Ski conditions are great!

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December and all of 2014 Market reports for the Laurel Highlands Resorts

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED UNBIASED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts. We are the best source for accurate information on property sales in the Laurel Highlands.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

Open the links below for the reports.

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November 2014 Resort Real Estate Sales

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED UNBIASED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts. We are the best source for accurate information on property sales in the Laurel Highlands.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

Open the links below for the reports.

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October 2014 Laurel Highlands Real Estate Market Update

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED UNBIASED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts. We are the best source for accurate information on property sales in the Laurel Highlands.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

Open the links below for the reports.

 

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SKI Mergers are everywhere!

Mergers in the ski industry are becoming the norm. Most recently Vail purchased Park City Mountain Resort and together will offer 7,000 skiable acres. This year New York saw Song Mountain and Labrador ski resorts merge and Indianhead and Blackjack resorts in Michigan just merged into Big Snow Resort. Last year Big Sky in Montana merged together three resorts! And of course we can’t forget that it’s been just over a year since the Nutting’s purchased Hidden Valley. We’ll have to wait and see what all these mergers mean for the customers,  home owners, and their properties.

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September 2014 and first 3 quarters Market Report

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED UNBIASED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts. We are the best source for accurate information on property sales in the Laurel Highlands.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

Open the links below for the reports.

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ATV CLUB

It is one of the most frequently asked questions we receive, “Where can we ride our ATV’s?” Here’s one option, the Indian Creek Valley ATV Club. Easily found by staying on 711 to White, maybe 8 miles from Sarnelli’s, then look for the sign on the right (if you come to Indian Head you passed it).  They offer year round riding for ATV’s and UTV’s on over 30 miles of “safe and groomed trails.” There’s a mix of elevation and difficulty to challenge any rider. Their website offers more details, check it out and safe riding!

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August 2014 Laurel Highlands Market Report

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED UNBIASED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts. We are the best source for accurate information on property sales in the Laurel Highlands.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

Open the links below for the reports.

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SB 76 MOVED OUT OF FINANCE!!

SB 76 Picture

It is time for more discussion! SB 76 the NO more school property tax was voted and passed In the Senate Finance Committee 6-5! We were there TODAY. Now it goes to Approbations Committee to see it they will pass it to the floor. Wags and I along with many of our REALTOR friends filled the rooms (yes they had to open up a second hearing room there were so many of us because we were having our State Organization meeting the same day!!) with high hopes! Check out RealReform76 for more information, find your Senator, and to share your story!  Basically, Philadelphia and that area and the teachers union are the greatest opponents, while every retired person with property and Realtor in the state should be for it. Here’s how the finance committee voted:

Yes –
Senator Blake, Democratic chair (D-Lackawanna)
Senator Browne (R-Lehigh)
Senator Brubaker, Republican chair (R-Lancaster)
Senator Eichelberger (R-Blair)
Senator Scarnati (R-Clearfield)
Senator Wozniak (D-Cambria)

No –
Senator Greenleaf (R-Montgomery)
Senator Hutchinson (R-Venango)
Senator Smith (D-Allegheny)
Senator Teplitz (D-Dauphin)
Senator Vance (R-Cumberland)

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Senate Finance Committe to VOTE on SB 76 TOMORROW!!

NO TAX SHOULD EVER BE ABLE  TO TAKE AWAY YOUR HOME! Check out RealReform76.com for the details on this bill. It was just scheduled to come up for a vote in the Senate Finance committee TOMORROW! Let your senator know that it is time for school property tax reform!! Tell them you support SB 76 and expect them to do the same! School property taxes are making our seniors homeless! One of our elderly neighbors recently shared they can only pay their school property taxes for another 4 years and then they are out of money!

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July 2014 Laurel Highlands Market Report

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED UNBIASED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts. We are the best source for accurate information on property sales in the Laurel Highlands.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

Open the links below for the reports.

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Getting the Highest Price for your Home

Another great Slide Share Presentation on some tips on getting the top price for your home and hiring an agent.

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June and Mid Year Market Reports

This is the June and the first 6 month market stats. These reports give you the inside information based on Courthouse records. If you are thinking of selling or buying you need to review these reports and contact us for more information to determine the HIGHEST PRICE that will be successful in the market place.

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED UNBIASED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts. We are the best source for accurate information on property sales in the Laurel Highlands.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

Open the links below for the reports.

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Pennsylvania Turnpike Traveler Advisorary Panel

The Turnpike Commission is in the midst of the largest capital rebuilding plan in their history! This panel is an on-line research community that will provide feedback from 4,000 customers! We know our readers spend a good bit of time on the PA Turnpike and you may qualify to be a part of the Advisory Panel! Here’s your chance to be heard and to receive some treats in return! The first step is taking a short survey as they want to ensure they have a good mix of different types of travelers sharing their thoughts.

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May 2014 Market Reports

Very interesting month at both resorts but pay attention when Abe reports the short term forecast. These reports give you the inside information based on Courthouse records. If you are thinking of selling or buying you need to review these reports and contact us for more information to determine the HIGHEST PRICE that will be successful in the market place.

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED UNBIASED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts. We are the best source for accurate information on property sales in the Laurel Highlands.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

Open the links below for the reports.

 

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SB 76 No More School Property Tax Update

The education continues about how this Senate Bill will still fund schools while eliminating school property taxes for homeowners! Right now there are 26 Senators that are endorsing this bill, 13 Republicans and 13 Democrats, YES, you read that right,  bipartisan support!! If you are not sure who your senator is or if they support this bill check out this site, RealReform76.com

On April 30 Kim Skumanick our PA REALTOR® President and many REALTORS® from across the state attended the senate finance committee meeting in Harrisburg. Here’s a recap of our involvement and progress from PAR Just Listed. Needless to say YOUR voice needs to be heard to get this bill passed!

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Communtiy Meeting on Deep Mine Permit

Add a reminder in your calendar that on Wednesday,  May 21 at the Highlands Hall (corner of Route 31 and 711)  from 7 to 9 there will be a community meeting to hear about the planned Deep Mine for Donegal and Saltlick areas. On the agenda are the “people and places” that could be affected. Mining maps will be available for review. The Mountain Watershed Association has more details on their site. 

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RED TRILLIUM BED!

Trillium
We’ve shared how much we love the Indian Creek Valley Trail (ICV Trial)  just across the Somerset Trust bank on County Line Road for hiking, biking, and flowers.  This week while checking out the banks of BLOOMING white trillium and looking for the rare red and pink ones, Wags came across a whole bed of the red ones!   We did some research on Google and found a link for some more details on these stunning flowers! They may be found by walking from the trail across from the bank OR from starting at Dipola Lane and walking towards the bank. Right after the big fallen tree on the trail look over the left or west bank towards Indian Creek and that’s where you will see them! This is the biggest bed of solid red trillium we have ever seen. Enjoy.

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Berkshire Hathaway HomeServices The Preferred Realty

It is official! You won’t be seeing any more blue and white Prudential Preferred Realty signs. Berkshire Hathaway Home Services The Preferred Realty signs and promotional materials will be sporting cabernet and cream colors. Ron Croushore, our Broker wants everyone to remember that even though our name has changed the agents haven’t! We are excited about the new marketing materials BHHS will offer our clients! Check out Top-10-Reasons-Good-to-Know about a few reasons why you should consider allowing us to help you with your real estate needs!

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March/ 1st Quarter Resort Market Reports

Interested in what is selling at the resorts and in what communities? These reports give you the inside information based on Courthouse records. If you are thinking of selling or buying you need to review these reports and contact us for more information to determine the HIGHEST PRICE that will be successful in the market place.

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED UNBIASED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

Open the links below for the reports.

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Proposed Deep Mining In Donegal and Saltlick Twps

Take a look at the map and see where the proposed deep mine boundaries now lie within these two townships. Several years ago Johnstown-based LCT Energy LP hired CME Engineering LP of Somerset to prepare a mining permit application for the project as outlined in this TribLive story from 2012.  The local Mountain Watershed Association offers their concerns in this .
Proposed Mining Map

 

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Berkshire Hathaway HomeServices

BSHH coming signWe are sure you know that there are very few companies that are permitted to use the trusted name of Berkshire Hathaway! Well coming very soon Prudential Preferred Realty will be Berkshire Hathaway HomeServices The Preferred Realty!! New name, new colors, new affiliation! Stay tuned for more details!

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Donegal Interchange and Route 31 Proposed Construction

Full Project

We are getting closer to a huge construction project from the PA Donegal Turnpike Interchange to the Rt 31 intersection of Rt 711. The featured picture shows 3 miles of the proposed project that will involve adding lanes and stop lights. Our local Mountain Laurel Chamber of Commerce offered a meeting with PennDot representatives Liberty Hill  and engineers PRIOR to the public meetings that will be happening this spring.  While there are are several options on the table they are awaiting clearances from the EPA.  Construction is tentatively slated for 2016-2018 and the work will be out for bids.

There will be strip takes and some total displacements that will occur. This is considered a  capacity adding and safety project. There were 19 different pages presented for the 3 miles of road changes. Route 31 by the the actual turnpike exchange is going to be moved so that a “flowing T” can be constructed. Stay tuned for more details!Turnpike InerchangeRt 31 & Rt 711

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Market Reports for 2013

This is what you have been waiting for. This is the definitive source for what has been going on in resort real estate. Who is buying what and at what resort? What is the sweet spot in pricing? How has the high end market been selling? Open the report for your resort of interest and get the FACTS about 2013.

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts.

 

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PA Senate Bill 76

How much extra cash would you have if you weren’t paying school taxes? Back in October we shared that movement is underfoot to ELIMINATE school property taxes in Pennsylvania. That is what PA Senate Bill 76 is all about! Check out the research on Real Reform 76. After you’ve had a chance to be informed make sure you join in the conversation and let your Senator know where you stand! The 2014 Pennsylvanian Association of REALTORS President, Kim Skumanick shared the organizations support for SB 76 at a bi-partisan policy committee meeting in Dec., read more!

 

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February 2014 Laurel Highlands Market Reports

Interested in what is selling at the resorts and in what communities? These reports give you the inside information based on Courthouse records. If you are thinking of selling or buying you need to review these reports and contact us for more information to determine the HIGHEST PRICE that will be successful in the market place.

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. We help our clients successfully buy or sell at both resorts. Contact us today at 412-897-8583.

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Market Reports for January 2014

Interested in what is selling at the resorts and in what communities? These reports give you the inside information based on Courthouse records, not some guesstimate or Zulia type our best guess. If you are thinking of selling you need to review these reports and contact us for more information to determine the HIGHEST PRICE that will be successful in the market place.

Keep in mind this is just a small window of information we share in the public domain. If you want the DETAILED story of what is happening in your community and property become our client and become one of the CHOSEN FEW that actually knows the facts.

YOU HAVE A CHOICE. Choose an experienced TEAM with the highest customer satisfaction ratings in the Laurel Highlands. Contact us today at 412-897-8583.

 

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November Market Reports for the Resorts

Here are links to the visual tours which give you the market report for each resort. What is of note is that at the end of November there have been more sales than ALL OF LAST YEAR. What will be interesting to see if the dollar volume has increased for the year or if the consumer is buyer more of the lower priced properties in the resorts.

 

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Hidden Valley October 2013 Real Estate Market Report

A strong October closings puts Hidden Valley ahead of last years transfers. We reviewed the deeds and have the names and numbers of the Sale of Hidden Valley Resort to 7 Springs. Expect a strong finish to the year but will both resorts do better than last year?? We just returned from the National Association of Realtors annual meets and networking with other resort Realtors we are seeing many resort areas becoming a SELLERS MARKET. What is keeping this market to the buyer’s advantage and when will it change? Check out the bargain 3 bedroom fixer upper at Hidden Valley. Handyman’s special!

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Hidden Valley Sold to Seven Springs

It is official. Yesterday the final papers were signed turning ownership of Hidden Valley Resort over to the Nuttings, owners of Seven Springs. Today the parking lot by the Prudential office is filled and we can see people outside already working.  Eric Mauck CEO of Seven Springs Mountain Resort sent this letter out to priorty7 members this morning. Go to www.7springs.com to sign up for the priority7 updates and make sure you’re in the know!

Dear Hidden Valley Friends and Family,

It’s been an exciting day as the Seven Springs and Hidden Valley resort communities are now officially part of the same family. With that in mind, I would like to take this opportunity to welcome each and every one of you to our resort family.

I know many of you have questions and concerns about how this purchase will affect you personally and the resort. In the coming days and weeks, we will be sharing details pertaining to things such as season passes, ski/snowboard tickets, lodging, services, amenities and more.

The most important thing for you to know is that we are deeply committed to the long-term success of Hidden Valley, Seven Springs, the local community and the Laurel Highlands. Seven Springs has long held a deep appreciation for Hidden Valley and the family experience it offers.  Moving forward, we want to ensure that more and more guests have the opportunity to develop a lifelong passion for the outdoors.

Over the last five years, we have worked consistently to add to and improve the amenities and services at Seven Springs, which has resulted in Seven Springs becoming one of the top year-round resorts in the region. With that in mind, we will work hard to build on that success as we continue to move forward at Hidden Valley.

I would like to invite you to join us this weekend at Seven Springs for our 29th annual Autumnfest, a family-friendly celebration of all things fall. It’s a great opportunity to spend the day with your family enjoying the fall foliage, live entertainment, delicious festival food, kids’ activities like our hay bale maze and petting zoo, and the keepsakes and creations from more than 50 artisans and crafters. Each weekend has a new theme, making for a new festival every weekend. This year’s themes include Pumpkin Weekend, October 5-6; Chocolate & Chili Weekend, October 12-13, 2013; and Kids’ Halloween Weekend, October 19-20.

Thank you again for your support during this exciting time. We are proud to become a part of the Hidden Valley community and look forward to seeing you on the mountain very soon!

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No More School Tax??

At our state Realtor Association meetings in Harrisburg this September more details on the progress of PA House Bill 76 and PA Senate Bill 76 were disclosed.  The goal is to replace the school property tax with a personal or earned income tax.

Our association is committed to property tax reform and is moving forward with a campaign to support these bills. A presentation was made at our meetings by Jason Horwitz of the Anderson Economic Group. Check out their research on this topic. Soon the PAR Realtor Association will have a website with more details.

If it passes, all homeowners would no longer be paying property taxes to support a school district.  Homeowners without children have long cried, “no fair” to school taxes. Our second home owners at Hidden Valley and Seven Springs would no longer pay a tax to a school that their children do not attend.

The numbers appear to work so keep your eyes and ears open so you can have a say!

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Abe and Wags Team selected as “PITTSBURGH’S TOP AGENTS”

This is the fourth consecutive year that Adrienne “Abe” Wagner,Robert “Wags” Wagner, and Amanda Knepper-Gelpi, Realtors have been selected for their outstanding client satisfaction and real estate market success at Hidden Valley Resort, 7 Springs Resort, and the Laurel Highlands. They have been awarded the PITTSBURGH 5 STAR  AGENT AWARD.  Only 5% of all agents in the Pittsburgh Market are selected and will be listed in a special section of the June Issue of PITTSBURGH MAGAZINE, and less than 1% have been selected every year the award has been given.

This award is determined by independent research with clients, peers and industry experts to determine the real estate agents who are rated highest in overall satisfaction. The Abe and Wags Team are one of the VERY FEW that have been selected EVERY YEAR THE AWARD HAS BEEN GIVEN. If you have a need for quality service and proven performance contact either Abe or Wags. Their team has a proven plan that gets results.

 

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Hidden Valley August 2013 Real Estate Market Report

Hidden Valley is posting improved numbers of transfers from last year while 7 Springs lags behind. News of Robert Nutting, owner of neighboring resort 7 Springs, buying the Valley should have a very positive impact on both the resort and surrounding real estate. High inventory in both markets is still keeping prices sideways but an improving economy in western PA is increasing buyer activity. With the last quarter traditionally being the busiest time of the year for sales we expect to see positive activity in both markets and a strong finish to the year. View the visual tour for the full report and the latest numbers.

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Hidden Valley September 2013 Real Estate Market Report

Hidden Valley has been purchased by local competitor 7 Springs Resort. More on the impact that event will have on this resort later. Hidden Valley is ahead by 13 transfers over this time in 2012 and also ahead of 7 Springs. The Springs is lagging behind its 2012 numbers but we are going into the busiest quarter of the year so those numbers could change as buyers move to get in before the holidays and snow. We want to draw attention to PA SB 76, legislation which will remove school taxes from properties and replace it with an increase to the personal and sales tax. This is of great news as the second homeowner has always been punished paying taxes for schools they rarely use. For more detail open the visual tour.

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NEW CONSTRUCTION SOLD BEFORE COMPLETED!!

Builder John Henry has his first newly constructed home in the Green Tee Development at Hidden Valley scheduled for closing at the end of this month. This floor plan has the master bedroom and laundry on the main level.  In this market place we find that many buyers are looking for these features as well as gas heat, central air and a garage. The living room and back deck over look the 15th hole of the Hidden Valley Golf Course! Don’t worry if you’re thinking about a new home there are 23 more lots available! Catch up with us for more details!

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9-11 Memorial Bike Trail

The push is on to create a bike trail that would link the National Flight 93 Memorial, the National 9-11 Pentagon Memorial, and the National September 11 Memorial & Museum in New York City. The Pittsburgh Post-Gazette adds more details for your review and the Somerset Daily American gives a local perspective. Money is in place for a consultant to find out how the Great Allegheny Bike Trail could be connected. More to read at 9-11 Memorial Trail.

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7 Springs and Hidden Valley, One Owner

After all of the, “no we aren’t buying” comments from earlier this year, YES the Nuttings are buying Hidden Valley. Here are several stories for your review from the local news. Now the Nuttings will own Seven Springs, Hidden Valley, and the rights to Laurel Mountain. KDKA   WTAE Somerset Daily American

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Hidden Valley July 2013 Real Estate Market Report

With a total of 59 total transfers sales are slightly ahead of last year with Hidden Valley dominating transfers at 36 to 7 Springs 23. Reducing resistance from the banking sector is easing financing with still attractive rates. Large amounts of inventory at both resorts still keep this as a buyers market in all price points. Click the visual tour to the full report.

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Hidden Valley June/ 6 Month Real Estate Market Report

This report includes both June and the first 6 months of the year with comparisons to last year. Although 7 Springs almost always has more dollar volume if you back out the Pheasant Run and Southwind properties sold Hidden Valley is ahead significantly in both transfers and volume. Open the report for more details.

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Lights, Camera, Action!

We are always excited to share good news about the Laurel Highlands! Cami Dibattista reported in the Tribune-Review that filming has been done for a 30 minute segment for PBS “Fringe Benefits” in 2014. Check out the story to see if your favorite destination was highlighted! Television series explores the Laurel Highlands

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Hidden Valley May 2013 Real Estate Market Report

This report has slides and graphs showing sales and listings at Hidden Valley Resort. There is still ample inventory but we are seeing trends of increasing interesting rates. Remember, every 1% increase to mortgage interest equals 12% increase in the payment or 12% less property that can be bought with the same monthly payment. Although we only had 2 sales at each resort we are seeing an increase in activity and pendings so we expect to see this year another one of an improving market. Open the visual tour for the full report.

 

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Hidden Valley April 2013 Real Estate Market Report

This report shows the real estate sales at Hidden Valley Resort in SW PA by property and price. Ample inventory and great mortgage rates still favor the buyer in this market, but we are seeing national trends in other similar markets experiencing reduced inventory and increasing prices. We just got back from the National Association of Realtors mid year meetings in Washington DC and were getting positive reports in all areas of real estate.

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Discover your footprint!

For those of you who haven’t heard Abe is in a Masters degree program for real estate. This class is all about Leadership in Energy and Environmental Design, “LEED” and sustainable development, in other words being green, saving our world and reducing our foot prints! One of her first homework assignments was to measure her ecological footprint.  Take the interactive short test (maybe 5 minutes great for kids too) and see the impact YOU are having on the planet!! She’ll share how many earths we’ll need if everyone lives like her, if you share your number!

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Welcome Amanda Knepper-Gelpi, buyers agent with Abe and Wags

We want to announce and welcome Amanda Knepper-Gelpi to the Abe and Wags Real Estate Team. Our aggressive and encompassing marketing and internet presence was creating so many buyer leads for our listings we could no longer handle them all. Amanda joins us with a great deal of personal experience and enthusiasm and the same ethical and professional value system we have used as a standard to provide the client the highest level of real estate brokerage. Here is her story and we are very excited having her part of our team and efforts.

I am an only child who grew up as a Country Girl nestled outside of both Seven Springs and Hidden Valley Resorts.  My teenage years, I aspired to venture into a life based in New York City…I enveloped the Modeling and Acting industry by competing in events such as the Miss PA Teen, I was cast as an extra for the movies, Sudden Death and Wonder Boys, both filmed in Pittsburgh.  I was a Jennerstown Speedway queen for one race season, where I discovered modeling assisted in developing self-confidence.

My high school summer breaks consisted of being a “Shop Girl” at Hidden Valley Resort Golf Club for two consecutive years.  I ventured into the business curriculum at the University of Pittsburgh at Greensburg and Allegheny College of Maryland and still had the desire to head to the big city.

I became a Modeling/Acting Instructor in Pittsburgh for 3 years.  From this experience, it was determined that to prosper further in the Modeling industry, a move to New York was necessary.  My heart kept me anchored in the country lifestyle and to this day, I don’t regret my decision.

I made a choice to deter my intended career path and quickly shifted into the Cosmetic Industry.  I achieved 15 years of successful industry experience.  I was employed by major brands such as, Origins, Bobbi Brown, Trish McEvoy, L’Oreal, and most recently Bare Essentials.  I managed nearly a 10 million dollar territory, was a road warrior, and with the companies I was employed with, based in both New York and San Francisco, I traveled to the big cities multiple times a year.

I got married in 1999 during Hurricane Dennis, which was downgraded to a Tropical Storm, in Corolla, North Carolina. We bought our first home in 2003, had a Daughter the same year, and I vowed to stay a Country Girl, alongside my Daughter, as my family operates a four generation dairy farm, which is located in my backyard.  The country lifestyle peaked my fascination with Interior Design and Landscaping.   My interest is country cottage and I love to develop my flower beds into eye-catching colors.  Life made a quick change and my creativity sparked…again…Real Estate  was a very different industry from what I was used to doing, but I was, and still very much so, intrigued by the housing industry.  There is so many home options, locations, amenities, characters….all available to just the right future homeowner…the quickest discoverer and the highest bidder!

Regardless of my various industry experiences, I still feel empowered each day by establishing great relationships, I have a great skill in talking, I strive to achieve great sales knowledge, and to obtain successful experiences in both my personal and professional life.

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Hidden Valley March/ 1st Quarter Real Estate Market Report

Open the visual tour for information and graphs on real estate sales activity at 7 Springs Resort for the month of March and the 1st Quarter of 2013. Although we always would like to see more activity the overall look is a strong start to the year with improving numbers. Even with the improving activity excessive inventory still makes this a buyers market in almost every price point and category.

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Hidden Valley February 2013 Real Estate Market Report

A strong start to the year at Hidden Valley and 7 Springs. Both resorts are on track to improve over a weak 2012. We think that many of the buyers that stayed out of the market during the last quarter because of all the political distraction are coming back in since they know what the next 4 years will be like. Our buyers agent Amanda is booked solid on the weekends so if there is property you would like to tour contact her early to get an appointment. While funding is still the greatest restriction in the market place we do see it slightly improving over the last few sales. Open the visual tour for the entire story.

 

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Hidden Valley January 2013 Real Estate Market Report

Both resorts start January with 5 closings, on track for a better year. Between the lines we are seeing improved buyer activity and project that the 1st Quarter of 2013 has the potential to set a great pace for the rest of the year. With weekends booked with buyers and several properties contingent we except to see February and March show strong numbers. Open the tour for the full story.

 

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10 YEARS,$58.9 MILLION CLOSED,OVER 267 TRANSACTIONS

10 years ago Prudential Preferred Realty wooed Adrienne ”Abe” Wagner, Realtor, then Broker of Record for Kettler Forlines, the developer at 7 Springs, to manage their new Donegal Office. Shortly after this move her husband Robert “Wags” Wagner got his license to assist her. Since then this aggressive team has used their expertise in negotiations and technology to help over 267 clients in the sale or acquisition of real estate in the Laurel Highlands.

This team is experienced and knowledgeable in transacting real estate at 7 Springs, Hidden Valley and the Laurel Highlands. They have brokered some of the most expensive properties in the area and at both resorts.

If you want an experienced team with a proven track record of success to assist you in the sale or acquisition of real estate contact Abe and Wags today at 412-897-8535.

Data from Prudential Preferred agent production records

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WINE BAR OPENS

It’s a first for our area! The Wine Bar, (used to be the Brass Duck in Stahlstown) opens their doors tomorrow! Their regular hours will be Thursday, Friday and Saturdays from 5 pm to midnight. Enjoy wine by the glass, bottle, beer, or spirts! A light menu offers enough for a light dinner and of course there are desserts! Check out their web page for more details and ENJOY! Address 4147 Main St, Stahlstown, PA 15687 phone 724-593-WINE (9463)

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Hidden Valley December and 2012 Real Estate Market Report

This is the ONLY real estate report on the Laurel Highlands in SW PA that gives you not only the transactions for December but for the entire year and compare the activity and price points of both resorts. Open the visual tour to see the story and how each resort ended the year. Even though we think the political noise slowed down activity for the end of the year we are having one of the busiest January that we can remember. Now that the elections are over we think that many people who where holding back are getting into the market.

 

 

 

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Fiscal Cliff and Real Estate

Our National REALTOR Association has shared what impact the fiscal cliff vote has for real estate! Including capital gains and tax extenders! To read the full details click here!

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Hidden Valley November 2012 Real Estate Market Report

Hidden Valley Resort is open with limited skiing on the weekends. Expected cold weather and snow may allow for full time operations soon. Hidden Valley still offers the resort buyer the ideal entry into the Laurel Highlands. Ample inventory and record low interest rates make this a buyers paradise. Open the visual tour for the complete story.

 

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Pheasant Run School District Swap Stopped

This week Judge Klementik dismissed the petition barring the 23 petitioners owning property in Pheasant Run from swapping school districts and taxes. Enjoy reading the links to the Somerset Daily American coverage! Nov 2012 Swap Stopped, Aug 22 Establishment of Independent Schools, Aug 6 School Tax Inequities, Aug 3 Property Owners Seek to Establish Independent District and School Tax Inequities.

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Hidden Valley October 2012 Real Estate Market Report

Sandy sat over the Laurel Highlands for 2 days last week and dropped over 20″ of heavy wet snow causing trees and branches to fall and power out in certain areas for 4 days. The snow didn’t stop Hidden Valley from taking over the total amount of property transfers for the year but pending sales may change that story. Both resorts are below total sales from last year at this time and inventory remains high with pressure on sellers to price right and fix up or expect to sit on the market for another year. Sarnellis Corner Market is our featured businss this month, the perfect place to stop and stock up on your way into the Laurel Highlands. Open the tour for more on this market.

 

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Sanitation Systems

Here’s a story from Wired magazine about a new system for sanitation that the Gates Foundation has funded for undeveloped countries. We believe it could be of help here someday! The challenge was to design a toilet that didn’t use piped water, sewer, or electrical connections that cost under five cents a day to operate! The winner, California Institute for Technology.

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Mortgage Interest Deduction Update

We’ve been sharing for several years that the mortgage interest deduction , MID, is being seriously reviewed. Here’s a story from Inman News sharing some of the recent conversations about what may happen.  We urge all of you to stay in touch with your elected representatives and let them know your position!

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Hidden Valley September 2012 Real Estate Market Report

Welcome to the September and third quarter real estate market report for properties at Hidden Valley Resort 15501. We’ve got some statistics along with details on Septembers market activity at the resort, and numbers for the first three quarters. Inside you’ll find information on unsold inventory, transfers, price ranges, and comparisons with 7 Springs Resort. Come take a look!

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All information deemed reliable but not guaranteed. Copyright 2016.



© 2016 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered services marks of HomeServices of America, Inc.® Equal Housing Opportunity.