May 2009 Seattle Condo Market Stats
Northwest MLS just released May 2009 stats. As you may recall in April, we had pending sales up almost 50% from March. How did May pan out? […]
First Church Converting to Townhomes
(Pictures provided by Moira Holley, archived under Seattle Condo Gallery) As it turns out, First Church of Christ is turning into a 12-unit townhome building. Last week, they debuted their model home. During [...]
Seattle Condo market: Bottom, anyone?
Couldn't help but notice a nice shape starting to form in Altos Research's median price chart. Hard to say if this is a blip or if it's the end [...]
More Support for First Time Home Buyers
In some cases, first time home buyers can borrow against their $8,000 first time buyer tax credit and apply it to down payment and/or closing costs. Aubrey at the PI [...]
Lumen Auction
Lumen announced today that they are auctioning off 19 of their remaining homes on Saturday, July 11th at 1.00pm at the Grand Hyatt Hotel. A pre-auction seminar will be held for [...]
Madison Lofts cuts Prices
Madison Lofts sent out this email recently. Prices reduced up to $50,000. Example of new pricing: Home 204 - Was $699,950 - Now $649,950 Home 306 - Was $569,950 - [...]
Seaboard Condo #1002
There was an interesting open house held yesterday at the Seaboard building #1002. The home is currently owned by longtime developer, William Justen. If you are wondering how the home of a reputable developer [...]
Alex Condo Update
I received this update from the Alex condo marketer. It looks like Alex will be completing in the summer though the developer is hoping the market picks up some more before they officially start [...]
$8,000 Tax Credit can be used as down payment
The Secretary of Department of Housing and Development, Shaun Donovan said yesterday that FHA would permit lenders to allow first time borrowers to use the $8,000 tax credit recently put into [...]
About the Seattle Condo Review
It all started in March of 2006 back when blogs were still catching on and there weren't any Seattle condo blogs at the time. Wendy Leung, having been a condo [...]