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 [...]
Seattle Condo Market Starts 2010 with a 25% increase in Pending Sales
January 2010 was a solid month for the Seattle Condo market. Median prices were were up 21% versus December 2009 (albeit down slightly, 6.3%, versus the same time of year in [...]
Condo Implosion (literal)
This has nothing to do with Seattle unless you know of some condos downtown which you think are a bit long in the tooth. Check out this implosion in Florida which [...]
Belltown Boulevard and South Lake Union
I came across two interesting developments covered by the Seattle Times: 1. With all these construction projects over the last few years, ever wonder if Belltown will get greener? I remember [...]
Condo Purchase Timing
Interesting read in the NYT last week. Below is one excerpt but the whole article is worth a good read: Buyers who sign before construction is completed have always taken a risk [...]
Ballard Condos Update
Danielle, the newest project in Ballard is slated for completion in 3-4 months. 31 homes will be offered in this boutique style condo. Unlike the larger condos like Canal Station and Hjarta, amenities will be minimal, [...]
Escala Scaling Prices Soon
The developer for Escala has brought a new sherrif in the front office, Rennie Marketing System from Vancouver will manage the sales of project. Team Builder JLS will be the listing [...]
Seattle Condo Neighborhoods
I took at look at some of the sold condo data over the last 3 years and put together a quick chart. It's interesting to see that 2009 was softer than [...]
Short Sales, Bank Owned and Foreclosure Condos
Over the last two years, we have seen an increase in short sale and bank owned condos on the market. It feels like 1 out of 5 or 10 condos I [...]
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% [...]