Insignia 85% Sold with Less Than 100 Units Left
Insignia has just announced that they are officially over 85% sold in both towers combined, leaving them with less than 100 homes left.
Insignia has just announced that they are officially over 85% sold in both towers combined, leaving them with less than 100 homes left.
Daniel's Real Estate, the Developer of Gridiron Condominiums in Pioneer Square, is under contract to purchase a lot of land in Seattle's First Hill neighborhood where they indicate they will build a residential tower being designed as condos.
Join me at Uptown Espresso coffee shop in South Lake Union where we will have a candid coffee chat on serious strategies and tactics for selling your condo in today’s very dynamic condo market
In light of our recent blog post about Developer InHaus calling it quits on Solo Lofts condo project in Ballard along with a recent report that a Canadian developer might go with condos on their new proposed 1,200 unit project in South Lake Union, I thought it might be a good time to pause and review the presale condo market.
According to the Puget Sound Business Journal, the previously announced tower project to be built on Denny and Fairview in South Lake Union, might be condos after all.
Back in April, we created a chart comparing the new construction condo options here in the city so you could see what options were out there for newly built condos. Many things have changed since then, including Solo Lofts and Salt turning into apartments and the addition of two new buildings, Hendon in Phinney Ridge and Gridiron in Pioneer Square. We have updated the chart and wanted to share that with our readers.
A recent article in the Seattle Times, discussing buyer’s challenges with loan guideline changes, reminded me of the importance of HOA and condo buildings doing their best to stay viable and eligible for FHA, VA and Fannie Mae approvals not only for buyers in the market, but also for condo owners who might want or need to refinance. In light of stricter lending guidelines, and frankly the sheer cost of buying a condo in our very expensive Seattle condo market, there are three key things condo owners should be encouraging their HOAs to consider and stay on top off.
Our monthly event, Condos Over Coffee, is back for 2016 so come join us!
Cristalla Condominiums was built in 2005 by Developer Murray Franklyn. It is a high-end luxury condo tower in Belltown.
Asia Condominiums was converted from an apartment building into a condominium in 2006. It is located in the International District right across the street from a pocket park.