Escala’s Open House
Escala had their broker's open house this last Thursday. This highly anticipated event had a really good turn out. Of course, given all the drama on SCR about Escala, I couldn't resist [...]
Who said Condos need to feel like…condos
Nice pics in a recent Seattle Times article of a really elegant and warm condo interior in Madison Park. It's a good example of a downsizing for folks who are accustomed [...]
Volta (Alex) in Belltown
Alex Condo in Belltown has been renamed Volta and will be ready for occupancy in July 2010. The 34 home boutique condo features 27 one bedroom's and 6 two bedroom's and 1 live/work loft. Penthouses are sold [...]
Hjarta & Florera Condos Reintroduced through Bulk Sales
Pryde + Johnson had announced that they are reintroducing condo sales within two partially leased buildings, Hjarta in Ballard and Florera in Green Lake. As part of a bulk sale approach, the homes [...]
Pending Sales Up 50% in February
February numbers are in and they're looking very encouraging. Pending Sales Last month, pending sales were 51.08% higher than a year ago with 210 condos under contract. This is the 2nd [...]
Escala’s New Pricing
The long anticipated Escala price drop has finally happened. Rennie Marketing released the new pricing and it looks pretty significant. 1 Bedroom , 1.5 Bathroom, 952 sq.ft. homes starting at $384,0002 Bedroom, 2 [...]
5th and Madison Auction Update
Kennedy Wilson just released the starting bids for 18 homes in 5th and Madison set for auction on Sunday, March 27th. Floor Plan--------------------------------------------- -- 1 Bedroom/ 1 Bathroom, 808 sq.ftStarting bid $195,000 1 Bedroom + Den/ [...]
Downtown Seattle Condos Update
Four Seasons Hotel/Condo has reduced their prices on 13 of their remaining homes. I just received the latest price sheet. The price reduction ranges from 8%-47% with average price per square foot ranging [...]
FHA Update
It seems like everyday we are hearing new updates from the financial industry. FHA has just announced the following changes: 1.) Increase in the up-front mortgage insurance fee, paid by borrowers, from 1.75% [...]
Top Seattle Condo Market Developments and Trends
Before we focus too much on 2010, here's a quick look back at some of the most notable elements of the 2009 Seattle condo story. 1. Auctions 2009 was the year for [...]