Listing inventory remains at all time lows with multiple buyers in line for the next offerings. Interest rates continue to inch up but how many buyers will it curtail… Check out the August numbers!
 |
 |
Real Estate Taxes Bump Up at VAIL Resorts 7S and HV
September 12, 2022 by Leave a Comment
Properties in Hidden Valley sit in Jefferson Township and at Seven Springs Middlecreek Township. Both have seen their millage rates go up this year, Hidden Valley/Jefferson Twp to 64.64 and Seven Springs/Middlecreek Twp to 36.99. The Somerset County Real Estate Search will help YOU figure out your new property tax amount. There’s a box that asks you to “CLICK HERE TO CONTINUE REAL ESTATE SEARCH.” A new page will open and fill in your last name and municipality click the search button. New page opens then find your name (may be more than one Miller) and click the link. Scroll down to the bottom left and click on “View Property Tax Calculator.” If you get lost, catch up and I’ll help:)
2022 NEW MILLAGE
2022Millage
7S MARKET UPDATE JULY 2022
August 20, 2022 by Leave a Comment
Bring your check book with you if you are considering buying at Seven Springs! Take a look at the market update and you’ll see why…
 |
|
HV MARKET UPDATE JULY 2022
August 20, 2022 by Leave a Comment
Listings are still gone within days of hitting the market. Buyers have very few properties to select from, take a look at the results from July.
 |
|
7S MARKET UPDATE JUNE & 1st HALF 2022
July 12, 2022 by Leave a Comment
We are beginning see changes in the market place. Will the 2nd half bring in more listing inventory? Check out the market and the numbers for June and the first half of 2022.
 |
|
7S Market Update MAY 2022
June 19, 2022 by Leave a Comment
Check out the real estate market update for Seven Springs! This monthly summary of what’s happening at Vail’s newest resorts will keep you in the know!
 |
|
RESORT HOME OWNERS, HOW MUCH EQUITY DO YOU HAVE??
May 29, 2022 by Leave a Comment
How long will this sellers market last?? No one can say for sure but we do KNOW is that listing inventory is still at historic lows, buyers our waiting for properties, and there’s a very good chance that as a homeowner at the resorts YOU are sitting on a ton of home equity!
Hotel Tax Update Resort Owners
May 26, 2022 by Leave a Comment
As reported in the Tribune-Democrat Johnstown, the Somerset County Treasurer is catching up with those NOT paying their 5% hotel tax! In a past post I shared the forms and more details but basically if you are renting your home part time you are responsible to pay up! According to the article one home owner owes 16,000 in back hotel taxes! Here’s the story.
Hidden Valley March & 1st Quarter Update
April 25, 2022 by Leave a Comment
YOU are going to want to see these first quarter numbers! We have MORE EXCITING NEWS! The Josh Crowe TEAM welcomes Sarah Greiner Brown as a buyer’s agent. Selling or buying, on or off the resorts we are here to help you with your real estate needs! Sellers know that you may be sitting on an unexpected windfall of cash! Catch up to see what prices properties similar to yours have sold for recently!
 |
|
RENTING your place in Somerset County? YOU OWE A HOTEL TAX
April 15, 2022 by Leave a Comment
Somerset County Treasurer Anthony DeLuca is out to collect from those who may not know they owe! Resort owners at Hidden Valley and Seven Springs who rent may fall into this category. Let’s begin with the HOTEL ROOM RENTAL TAX Rules and Regulations. Effective April 1, 2018 as explained in Part 2 under Rules and Regulations Section D3 is basically saying that anything rented for less than 30 days qualifies for the 5% tax fee. Then there’s the 2002 Ordinance Section 2 (6) that further clarifies who needs to pay up. The full story can be found here by David Hurst in the Tribune Democrat Johnstown. Here’s the link to register and the Hotel Tax and Regulations page from the Somerset County Website for even more information.
TAX TIME and RENTAL DEDUCTIONS
February 26, 2022 by Leave a Comment
Did you rent out your primary or 2nd home in 2021? If so some of you may be wondering just IF and WHAT your deductions may add up too. First YOU should discuss this information with your tax advisor as I am only SHARING information directly from the IRS. This information discusses “Topic # 415 Renting Residential and Vacation Property” There are multiple links to help you file in April.
