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/ [...]
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 [...]
Matrix, the Marriage of MCM Group & Williams Marketing
MCM Group and Williams Marketing are merging. The two companies have decided to tap on each other's strengths and have formed Matrix Real Estate. Both have a pretty impressive list of projects they've taken [...]
For the Data Junkies: Dupre & Scott’s Apartment Investor Report
There's a whole lotta data up in D&S's recent article on apartment ROI. The article suggests most apartment investors, even in the worst of times, still made money (4% CAGR) though that's [...]
October Seattle Condo Sales: Up, up, and….up
October 2009 numbers are in...and the recovery is in full effect. Even our favorite bear reader, MD, will have to call this glass half full. Some highlights: Pending sales were [...]
Home Buyer Tax Credit Update
The legislation to extend the first time home buyer tax credit beyond its November 30 deadline and expand it to a wider group of home buyers was approved by Congress this [...]
Auctions, Auctions, Auctions
Looks like developers and buyers are warming up to this whole auction thing. Thirty six units will be auctioned off on December 5th from the Avaview in Crown Hill, Sunrise on [...]
Seattle Condo Market Update (September 09)
Eighty percent of professional economists have declared the recession over and most predict the economy will grow 3% for each of the next 2 years 🙂 Of course, real estate prices [...]