The Laurel Highlands Summit The Place For Our Economic Growth - 04/13/09 03:54 PM
There is an unbelievable amount of attention being focused on where we call home. From Donegal to both Resorts, to Somerset and the National Flight 93 Memorial, to OhioPyle, Falling Water, Kentuck Knob, the Duncan House, we all know the amenities are endless. Hunters, bikers, skiers, golfers, history buffs, river rats, environmentalists, we all seek sanctuary in these mountains.  For NOW the Laurel Highlands is a pristine environment.
Our beloved area is on the edge of becoming another hodgepodge business district, traffic congested, tourist attraction. We just got back from Naples (Resort and Second Home Symposium) where at every stop light … (0 comments)

PA Stability - 04/08/09 04:55 PM
 
Given this economy we decided to revisit where our resort home owners reside full time. Checking on their area of primary residence give us (and you), insight into the stability of their livelihood and likeliness of needing to sell a second home.  Pennsylvania still lays claim to almost 80% of the home owners at both Hidden Valley and Seven Springs.
The areas surrounding Pittsburgh came in with the most concentrated numbers. So how stable is our area? From the Bureau of Labor Statistics comes a graph showing monthly average unemployment rates for all of the states through Feb 2009.  According … (0 comments)

Flight 93 National Memorial - 04/07/09 02:49 PM
The creation of this estimated 58 million dollar Memorial is going to be a story to write about in itself! If you visit the National Park Service (NPS) web site you will find very few recently posted stories on the process of acquiring the necessary property. Nor will you find much at all about the impact this site will have on the local Boro and Townships that will be dealing with a ton of new issues!
Think Gettysburg, PA.  Where once there were only fields and farms now there are cities traffic, hotels, restaurants, and many more visitors! Where do you begin? First … (0 comments)

New Appraisal Guidelines - 04/05/09 10:25 AM
One of the sessions we had while attending the Resort and Second Home Symposium in Naples Fl included info on these new guidelines. Fannie and Freddie Mac loans NOW REQUIRE a new form for appraisers to complete. It's called the Market Conditions Addendum or "1004MC."  It has been designed to "enhance the transparency of the market trends and conditions conclusions made by the appraiser." It is REQUIRED with ALL one to four unit property appraisals performed after April 1, 2009. Check out the power point presentation.
The web site eFannieMae.com and FreddieMac have extensive information for all to review! Including the … (1 comments)

Seven Springs, PA March 2009 Property Transfers - 04/04/09 12:51 PM
4006 Swiss Mtn    $200,000
127 Southwind     $550,488
151 Southwind     $693,969
 
Recorded sales transfers for the resorts are acquired electronically from records inputted at the Somerset County Court House, Office of the Recorder of Deeds. We review sales in Jefferson (Hidden Valley) and Middlecreek (Seven Springs) Townships on a weekly basis.
Prices do not reflect bill of sales and other out of settlement transfers. Furnishings, which are included in the majority of sales are assigned no monetary value. We do not post transfers that carry $1.00 values.
… (0 comments)

Hidden Valley, PA March 2009 Property Transfers - 04/04/09 12:47 PM
221 Four Seasons         $26,000
1820 Eagles Ridge      $184,000
5327 Summit Vista      $250,000
43 Valley View             $125,000
1965 South Ridge        $279,000
1155 Kepple               $139,000
 
Recorded sales transfers for the resorts are acquired electronically from records inputted at the Somerset County Court House, Office of the Recorder of Deeds. We review sales in Jefferson (Hidden Valley) and Middlecreek (Seven Springs) Townships on a weekly basis.
Prices do not reflect bill of sales and other out of settlement transfers. Furnishings, which are included in the majority of sales are assigned no monetary value. We do not post transfers that carry $1.00 values.
… (0 comments)

Corporate America Arrives At Seven Springs - 04/01/09 12:10 PM
Sorry, it's NOT an April Fools Joke. It's time to face the fact. The old work environment of days past, where families, not just individuals, worked their entire lives at the resort, those days are gone. Where you could walk down any hall way, sit in any bar stool or dining room chair, and greet employees by their first name and they knew you, your family, and what you liked.
Progress on major financial investments continues. The foundation for the Lodge at the Sporting Clays center has been poured. The Spa is soon to open.  Yet March saw major employee cutbacks … (3 comments)

 
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Robert Wagner

Hidden Valley, PA

More about me…

Prudential Preferred Realty 3802 St RT 31 Donegal, PA 15628

Address: 3802 State Route 31, Suite 1, Donegal, PA, 15628

Office Phone: (800) 419-7653

Cell Phone: (412) 551-1859

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Comments and information about news, real estate, and property sales in the Seven Springs, Hidden Valley, and Laurel Highlands of SW PA, USA. Go to www.ABEandWAGS.com for more information about this area.


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