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 Seven Springs and Hidden Valley 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!
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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!
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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!
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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.
Something very new, skis and boards that can “change physical performance characteristics on demand.” So say Verispellis Skis + Snowboards Inc. check out the article as found in Yahoo Finance. The magic happens with “digital electronics and metallurgical technology. The shape shifting skis and snowboards allow them to change in response to the temperature ups and downs.” Nitinol is the material that allows this to happen.
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.
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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…
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Here’s an interesting article found in
It’s the spring cleaning of fall, so to speak. Read Visit houselogic.com for more articles like this. © Copyright 2022 NATIONAL ASSOCIATION OF REALTORS®
6 Tasks Every Homeowner Should Do in November
“> SNOW BRAINS showing who owns the ski resorts. According to the write up “473 ski areas in the United States operated during the 2022-23 season.” And corporations own about 22% of them.
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!
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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!
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Imagine not having to find a place on your gear to attach your pass so that it doesn’t hit you in the face, get tangled in something, or misplacing it somewhere! From Vail Daily comes, “Vail Resorts announced Wednesday its plans for a future without physical lift tickets and passes with new technology that will allow guests to store their pass or lift ticket directly on their phone.” Good to know (according to the story) that they will still issue plastic cards IF requested.
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!
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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!
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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
From Pittsburgh Magazine comes an article discussing snow or the lack of it and how to keep and maintain it during the upcoming ski season. Some of the changes, opening days will not be when the weather allows, lift tickets will be limited, and extended hours of operation.
Straight from the Vail Resorts Press Release Days and hours are in the link. NOTE that all 3 sales systems are NOW CASHLESS OPERATIONS!
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…
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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.
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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.
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First half numbers are in and low listing inventory produces low sales. Check out the market and the numbers!
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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!
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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!
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Same story, very low listing inventory, buyers waiting for properties, and sellers sitting on a boat load of home equity! Check out the April market report!
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All information deemed reliable but not guaranteed. Copyright 2022.
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