Dear Broker, agent, or client with an active interest in Laurel Highlands properties located in the SW Pennsylvania real estate market. You are on the confidential "property update" e-list of "Abe" and "Wags" Wagner, Realtors and resort property specialists, Prudential Preferred Realty. If this comes to you in error or is a duplicate our apologies, just let us know and we will correct our mistake. This update is not an attempt to solicit the offerings of other brokers and is for informational purposes only. Properties referred to are those listed or represented by our team and do not represent all properties in market area. If you are a hot buyer/seller contact us for daily updates, you will need them in this market. For previous reports go to our market reports page at www.AbeAndWags.com. To contact us use the e-mail in the signature block or reply to this update.

We welcome the REALTORS who attended the resort symposium in Vail this week to this newsletter. Feel free to use our format if it will be of service to your clients.

Buyers agents or clients, you can download sellers disclosure and property information 24/7 from our property information page on our web site. This is to help you present a complete offer in this competitive market. All property showings must be scheduled through our showing coordination center, or call toll free 877.473.0123. Have the West Penn MLS # ready to identify the property. Thank you for meeting the written request of the seller, our requirements as the listing agent, and our legal and MLS requirements.

HIDDEN VALLEY RESORT SOLD??? Recent news articles indicate that the Buncher Group, developers from Pittsburgh, are the next owners of Hidden Valley. Although we have not seen the transfer at the courthouse what we have seen is new golf carts, improved maintenance of the golf course, fitness facility open full time, and local contractors telling us Buncher has been gathering bids for repairs and renovations of the ski and convention facilities.

What does this mean? Well, for one thing it is finally good news about this resort. It also means that Buncher, which owns and manages large industrial complexes in SW PA, can bring the capital, resources, and management to make Hidden Valley a player in the Laurel Highlands. We have no doubt that when Buncher acquires this property we will see significant improvements and a more positive real estate market. There is still time to buy at this resort and take advantage of the best dollar value per square foot in the area.

SEVEN SPRING APPROVED FOR LIQUOR SALES. As reported in our last months newsletter, the referendum to allow Seven Springs to have liquor sales in Saltlick Township was approved and was the last restriction to their development plans at Lake Tahoe. The property at the top of the summit will allow for several years of additional home development and planned amenities. More in next months newsletter.

Review our past newsletters on www.ABEandWAGS.com for the update of news events in this area influencing property values and homeowners.

MLS 680639 1530 Gardner Road, Bakersville, This 3BR, 1.5B neat modular sits on 14.8 acres on the road into Hidden Valley. 2 car garage, parcel offers wooded secluded site for another home to be built. $225,000

MLS 678293 275 Lake Road, Hidden Valley, This unfurnished 4BR, 2B home has been repainted, new lighting, cleaned, and ready to move in. Has 18X33 game room or master suite. Overlooks lake from wooded lot on dead end street. $239,000

MLS 676947 1534 Glades Pike Road, Bakersville, 2BR,1.5B brick home is just 3 miles or less from Kooser Park and Hidden Valley. Large 2 car garage, 1 acre lot has 358 foot of frontage on Kooser Run, state stocked trout stream. Fish from your front yard. $150,000

MLS 676444 Q 5 Sunridge, Seven Springs Condo, 3BR, 3B ski in/out is a short walk to the pool and courts. Nicely furnished, great Laurel Highland country views from deck, one floor living. Very desirable location. $450,000

MLS 676199 1411 St. Route 711, Stahlstown, Horse owners dream. 3BR, 2.5B contemporary home with stone FP, sauna, hot tub, and big rooms. Has 10 acres with stalls, barn, regulation clay ring, and fenced pasture. Access to miles of wooded riding trails. $400,000

MLS 673886 2488 County Line Road, Champion, Completely renovated and furnished 4BR, 3B has updated kitchen, all flooring, furnishings, electrical, heating, interior paint, exterior stained and treated. Stunning view of north face slopes. Landscaped lot. $700,000

MLS 672595 1236 Gristmill, Hidden Valley Condo, End unit, 2BR, 1.5B nicely furnished, stone fireplace, deck views pond and evening sunsets. Close walk to slopes, pool, and courts. $144,900

MLS 672155 1173 Gristmill, Hidden Valley Condo, End unit, one floor living, totally furnished. This community is walkable to slopes, pool, courts. Fireplace in living room, walk out patio to green space in back. $126,500

MLS 668567 O9 SunRidge 7 Springs Condo 2BR, 2B. Furnished, ski in and out, walk to pool and community center. Green space off deck, great location, stone fireplace. Best priced Gemini floor plan listed in this community. $322,000.

MLS 662685 163 South Wind Drive, 7 Springs Townhome. Finished, furnished, ski in and out, only 1 year old. Move into this newest community now. Professionally decorated, floor to ceiling stone fireplace, many upgrades, don't wait for phase 3. $789,900.

MLS 655367 Lot 1 Oak Ridge Estates, Champion. 9+Acre lot, perked, buyer will have to drill well and install septic. Association, covenants, paved road, underground utilities. This lot has MOUNTAIN VIEWS. About 8 miles from 7 Springs on Pgh. side. $58,500.

MLS 652631 H-7 SunRidge, 7 Springs Condo, 2 BR, 2 B, fireplace, slopeside, east Somerset country views, furnished, appliances. Just a short walk to the community center and pool, this is a great location and view from the decks. ONLY $289,000.

MLS 638457 28 Acre wooded parcel on Fall Run multiple perked with planned home site, this is a hunters paradise. Restrictive covenants, only large wooded private parcels. Home site could be in a forest with mature timber. Very private area with only 4 parcels in this community. Close to all resorts and Ohio Pyle. $232,000.

MLS 671097 159 W. Lake Road, Bear Rocks, Chalet on wooded double lot with small stream has upgraded kitchen and baths, fireplace in dining and living rooms, spacious deck overlooks forest. $150,000 UA

MLS 670736 1243 Tanyard Lane, Hidden Valley Condo, 2BR, 2B walk up is furnished, 12X10 loft with stairs, LR fireplace, very clean and maintained. Deck overlooks green area, walk to slopes, pool, courts. $154,900 UA

MLS 655043 Four Seasons B & B. 100 Stewarton Road, Mill Run. 5 BR, 5 B seasonal B & B, fronts Route 381, minutes from Falling Water and Ohio Pyle. Totally renovated, seasonally decorated, 1.1 Acre level lot, this an unique property with income potential or would be a beautiful private residence. Out building and second septic system $215,900. SOLD, $208,900, 96.7 % of list, 104 DOM.

MLS 636846 Lot in Oak Ridge Estates, Champion. 2.5 Acre perked lot with well drilled, in very nice community. Level, slightly sloping, wooded, homes here are about $250K and up. About 8 miles from 7 Springs on Pgh. side. $52,500. SOLD, $48,900, 93% of list, 231 DOM.

MLS 632321 1842 Eagles Ridge Way Hidden Valley Townhouse, 3BR, 2 1/2B, close to pool and playground. Furnished, stone fireplace, appliances, large 14X20 deck overlooks State Forest, great for summer deck activities. $179,500. SOLD, $167,500, 93.3% of list, 229 DOM.

MLS 656518 Lot at 204 Shadowbrook, Laurel Summit Estates. 7.1 Acre, wooded, 2 small streams, perked, buyer needs to drill well and install septic. Underground utilities, gravel road, covenants and restrictions. ABUTS SOMERSET GAMELANDS. $97,500. SOLD, $93,000, 95.3% of list, 46 DOM.

Selected sales in resort areas not represented by us personally from MLS and courthouse records are kept privately by us in our office. If you want our perception as to property sales history and potential value of your property in this area please contact us directly.

We need properties to sell. Properly priced and prepared properties are selling. To see how our " Keys to Close" FULL SERVICE marketing plan and REDUCED EXPENSES gets results and GETS MORE MONEY FOR YOU. For a FREE EVALUATION and how your property could do in this market place call me direct at 412-551-1859 or reply to this e-mail.

You are authorized to forward this update in entirety to other interested parties. If you have parties who would like to get this e-update directly please have them e-mail me with "LH UPDATE REQUEST".

Note, please ask specifically for Abe or Wags if you have questions on a property, market conditions, or what your home would sell for now.

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