Icon Tower and Enso
The site of Icon Tower is up for Sale. The approximately 11,000 square foot lot was planned as a 32-story condo but later on the developer decided to change it to [...]
Seattle Condo Boards
There was an interesting article on Co-op/Condo boards this weekend in the NY Times. One quote that caught my eye was: The people who run for a board seat, he said, [...]
Four Seasons Condo Cut prices
Four Seasons Condos is planning to cut prices for their 11 remaining homes. So far, 22 homes have closed with three more units (presold 6 months ago) waiting for custom finish work to complete. [...]
July Seattle Condo Market Update
June numbers are in. My thoughts: The free fall appears to have ended in March 2009 when pending sales were about half of March 2008. Since then (April, May, and June [...]
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 [...]
$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 [...]