Condo Updates
I've been working OT on a few deals so have a lot of catching up to do for the blog. Here is some of the latest Seattle condo market news: [...]
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 [...]
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 [...]
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 [...]
April 2009 Seattle Condo Market Stats: Pending Sales Up 50%
Remember when we reviewed the Feb numbers in early March and there was pretty much zero good news. I have to admit, even the optimistic side of me was pretty [...]
Gallery Gets Creative with Condo Purchase Incentives
Here's the low down on Gallery's latest buyer incentives: You pick one item from Column A: (1) 3-2-1 Rate buy down (rates starting as low as 1.875%) (2) [...]