Hidden Valley, 7 Springs, Laurel Highlands, PA, Real Estate, News
Short video sharing a CURRENT competitive advantage sellers have NOW! Reasons why if you haven’t used your place this ski season or had multiple rental cancelations because of the weather conditions, YOU should catch up with Abe or Josh to talk about HOW your property fits into todays market.
2023 begins another year of watching the real estate market at Vail Resorts Seven Springs. The existing listing inventory has a high entry price. Come see how the New Years numbers start off our monthly reports!
So begins another real estate market at Vails Resort Hidden Valley. Lack of listing inventory continues to hold the market back.
Stuart Winchester of The Storm Skiing Journal and Podcast recently interviewed Brett regarding Vail Resorts future plans for the resorts. It is titled, “Podcast #116: Seven Springs, Laurel, & Hidden Valley VP & GM Brett Cook” and runs about 9an hour and a half. Of course the future info is towards the end. Look for more trees in the future!
For ALL of 2022 I have relentlessly been updating you on the lack of listing inventory. BOTH resorts are experiencing this phenomena and YOU really need to understand that this has been a ONCE in a LIFETIME market. As inventory increases buyers will have more selections and there will be fewer multiple offers. We are already beginning to see these sings in certain segments of of the market. Watch the video and catch up if have questions! Find us on Facebook!
So Long 2022! Inside this real estate market update for Vail Resorts, Laurel Highlands Hidden Valley and Seven Springs you’ll find some new thought provoking details! Remember if you are Selling or Buying in the Laurel Highlands the Josh Crowe TEAM is here to help YOU reach YOUR real estate goals! Find us on Facebook!
 |
 |
Ever wonder what Days on Market (DOM) means to YOU as a buyer or seller? It can tell you what the current market is all about. What type of financing is winning multiple offers, how quickly an offer needs to be presented, the length of time the listed property is on the market. Check out this short video of a few of the November sales at Hidden Valley and Seven Springs.
Check out how the numbers fared in the November Market Update. New slide shows insight into Days On Market!
 |
|
BUYERS AND SELLERS NEED TO BE AWARE OF THIS PRACTICE! According to the Philadelphia Inquirer MV Realty out of Florida is being sued by the PA Attorney Generals Office. They have texted homeowners offering a “PAYMENT” to the homeowner for their services. That PAYMENT is then recorded as a MORTGAGE on the property with multiple restrictions including one that follows the listing of that property for the next 40 years requiring the new homeowner to use MV REALTY services or face fines! READ THE FINE PRINT!! Here’s another report from Action News Jax sharing more insight and more lawsuits.
Sellers and Buyers may want to see these numbers! Sellers, to see how much the prices have jumped. Buyers, to see where the may be able to afford a mountain get away! Number of bedrooms was used for the category and data was pulled and compared from 2021 through October 2022. Remember there are still a few weeks left for the numbers to be totally even but you will see the differences!
As months go October had a good showing of sales. However if you remove the 4 new construction sales in the Summit the number isn’t as impressive…. Take a look at what the numbers are telling us.
 |
|
The lack of listing inventory continues to produce very low sales. Come see what the numbers are telling us and where the real estate resort market may be heading…
 |
|
Here’s a short video that recaps the Oct real estate market. In the process explaining the differences between “contingent” and “under agreement” status within the Vail Resort Hidden Valley and Seven Springs resort markets.
It’s the Jan through Sept real estate market update with insights into where the market is at Vail Resort Seven Sprigs so far. Selling or buying you really need to be working with a agent as listings that come into the market are being sold within days! Take a look and catch up!
 |
|
It’s the Jan through Sept real estate market update with insights into where the market is at Vail Resort Hidden Valley so far. Selling or buying you really need to be working with a agent as listings that come into the market are being sold within days! Take a look and catch up!
 |
|
Today is the Southwind homeowners association annual meeting. We prepared this market update for them and thought our readers may have an interest too. Remember buying or selling the JOSH CROWE TEAM wants to be your FOREVER AGENTS. Whether it’s land, 1st, 2nd homes, and or commercial properties we can help you!!
<iframe width=”560″ height=”315″ src=”https://www.youtube.com/embed/j_5sN_dMnzM” title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture” allowfullscreen></iframe>
Listing inventory or better said lack of listing inventory has kept this years sales down compared to 2021. All markets change and this one will too.. Check out the numbers!
 |
|
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!
 |
|
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
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.
 |
|
For years, PA was the only state NOT Fully recognizing the 1031 Like Kind Exchange. For years, our PA Association of REALTORS have lobbied the PA General Assembly to incorporate the Federal Tax Code 1031 into the PA Tax Code. On July 8 the Governor signed House Bill 1134 which is now Act 53 of 2022. It takes effect the beginning of 2023.
Hmmm Over my 40 some years in the Laurel Highlands resort markets I have collected a ton of data. I’ve also survived 20% interest rates, sales of both resorts, a great recession, bank failures, and Democrat and Republican governance. From these experiences I have ONE crucial thought for seller’s and their bottom line, listen to the end!
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.
 |
|
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!
 |
|
I can remember the markets where we had over 100 listings and they would sit for a year or two! Times have changed and now listing inventory is almost non existent, buyers are waiting for properties, and many sellers are sitting on a ton of home equity! See what’s up with the April market!
 |
|
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.
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!
 |
|
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!
 |
|
This year Abe celebrates 40 years of working the resort markets! From 1982 till 2002 she advanced from agent to Broker of Record for the Villages at Seven Springs. From land development, new construction, marketing, and all of the real estate paper work she has had incredible experiences. One of her favorites was lobbing for the new construction company of Kettler Forlines Inc to open their first real sale division. She shared how life long friendships evolved from many of her 1st time meeting consultations. Here’s a quick review!
 |
|
Sellers YOU could be sitting on a TON OF CASH! With very little listing inventory it is indeed a sellers market! Take a look at the February numbers and catch up with me to discuss your options!
 |
|
Buying or selling, we are here to help you! Check out our newest listing,
 |
|
More Exciting Things happening in the real estate markets at Hidden Valley and Seven Springs. See for yourself!
 |
|
More Exciting Things happening in the real estate markets at Seven Springs and Hidden Valley. See for yourself!
 |
|
Predictions are it will not be going back down anytime soon! 2019 was the last time we saw 4%. More info on mortgage rates from MONEY. Seller’s, consider the higher the interest rates go up the the number of eligible buyers for your property gets lower.
Up, up and away we go. We all knew these HISTORIC LOW mortgage interest rates were not going to last forever. According to Mortgage News Daily 3.7% is now the average rate on popular 30 year mortgages. Last year around this time that percent was closer to 2.7%! What it means to YOU if buying, you’ll be paying more to borrow money for your forever home. Sellers are likely to see the beginning of fewer offers on their properties. The Federal Reseve Board meets next Wed to discuss next steps.
All information deemed reliable but not guaranteed. Copyright 2022.
© ©2022 BHHS Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.