Real Estate Market Update: January 2024

Real Estate Market Update: January 2024

Here is how the market is faring for all Summit County residential real estate. Sold Listings December 2023 saw a total of 94 closings which is the least it has been since 2015, which is as far back as the software data goes. Historical number of sales in December:...
Dear Short-Term Rental Advocate

Dear Short-Term Rental Advocate

I’m passing along this important advocacy information relating to the proposed lodging tax on short term rentals. This proposal would increase taxes for STR’s renting over 90 days by around 400%! If this is an important matter to you, then please read this...
House Hunters Summit County

House Hunters Summit County

I recently spoke with some new buyers looking for a second home in Summit County and they had a flexible budget up to $1.2m. They were open to different types of properties. Usually, buyer’s budgets and their property requirements automatically define the properties...
Commercial Tax Treatment

Commercial Tax Treatment

If you thought Halloween was scary, let me add one of the scariest things that is happening in our state government. Here is a quick summary: On October 31st, the Legislative Oversight Committee Concerning Tax Policy voted 4-2 to advance a bill to the upcoming...