Archive | June, 2008

New Listing - The Melrose Condo | Capitol Hill

Posted on 29 June 2008

The Melrose Condominium
1708 Melrose Ave #501
$429,950 | MLS# 28110282
The Melrose is a boutique condo community that’s conveniently located at the cusp of downtown and Capitol Hill, offering a true cosmopolitan living experience.
After a long day at work, it’s just a short jaunt home from downtown where the elevator delivers you directly into your [...]

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Condo Conversion Spotlight

Posted on 29 June 2008

MODE Seattle - Capitol Hill
Situated at the residential end of Bellevue Avenue E, you’ll find the 36-unit MODE conversion development. Originally constructed in 1957, the 3-story walk-up has been tastefully reinvented and features a mix of studio, one- and two-bedroom homes.
MODE offers an affordable option for Capitol Hill homeownership with units starting [...]

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AVA, I Hardly Knew Ya

Posted on 27 June 2008

The AVA condo and hotel project at 8th and Pine has become the latest development to officially be put on ice. At least for the time being. According to the Puget Sound Business Journal, AVA has suspended active sales and is holding off opening its sales center until the market improves. However, [...]

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More troubled waters ahead?

Posted on 23 June 2008

Just some observations…

Spoke with King5’s Bernard Choy today about some major price decreases, namely Madison Lofts and Cosmo. Check out unit #210 at Madison Lofts, SW corner unit - was $549,000 now $429,950. In his report, Bernard stated ML is taking some pretty steep decreases, up to $200,000.

Pre-sale investors are jumping ship. [...]

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Copper Lantern Homes - Kenmore

Posted on 22 June 2008

The Low Income Housing Institute recently broke ground on a new affordable townhouse condominium development called Copper Lantern Homes located in Kenmore at 7026 N.E. 182nd Street.
The development will contain 33 two-, three- and four-bedroom homes and is aimed towards first-time homebuyers earning up to 80% of the county’s median income. Prices [...]

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Belltown Does Solstice

Posted on 21 June 2008

So I’m at the office working on a new listing this morning when the first sign of Summer goes strolling past my window. In Seattle, when we think of Summer and Solstice, we think the Fremont Solstice Parade.

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10th Annual Take Your Dog to Work Day

Posted on 18 June 2008

South Lake Union and the will be celebrating the 10th annual Take Your Dog To Work Day.

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2015 2nd Avenue Design Review

Posted on 18 June 2008

Due to landmark review requirements for the Terminal Annex Building, the 2nd Avenue twins are proceeding individually. A design review meeting for the 2015 2nd Avenue project has been scheduled for Tuesday, June 24th at 5:30pm at Seattle City Hall.
The proposal for 2015 2nd Avenue, located on the NW corner of 2nd [...]

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It’s Elemental, My Dear Seattle

Posted on 18 June 2008

Pb Elemental is a local company comprised of architects, structural engineers and in-house sales, who’s attempting to redefine Seattle architecture one parcel at a time. Their portfolio is comprehensive and includes single family residences, townhomes, mid-rise apartments, live/work lofts, commercial structures and a pencil thin highrise.
There is consistency in their design style; the first [...]

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May 2008 Condo Market Update

Posted on 15 June 2008

May’s condo market performance reflected an improvement over April marking the second year-over-year increase in median price this year. At $320,000, Seattle’s condo median price increased 2.4% over April and 4.1% over May of last year.

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