As we are heading towards the end of the year, the Seattle condo market will be slowing down as part of normal seasonality trends and amplified by jitters about the economy and housing markets. If you are considering purchasing a condo before the end of the year, some attractive incentives are to be had given the high inventory and sellers being more realistic about market conditions.
There are a few condos that I think are worth checking out. One of them is the Parc in Belltown. The building was completed late last year and they have 24 homes remaining on the market. The developer is offering a couple of incentives. If you purchase a home, there will be a $15,000 buyer's bonus and an additional $1,000 referral bonus if you're a current Intra-corp homeowner. These homes are VA and FHA approved. The developer is also making some price adjustment on some of their homes so I think this condo building is worth checking out.