UPDATE: Moda is converting to apartments.
Received news this morning that Moda Condominium in Belltown has sold the 40 some units that came back on the market a couple of weeks ago. A number of those units were made available due to buyer financing issues or buyers backing out due to decreases in square footage. I’m told the square footage reduction was the result of city zoning which required greater setback. Nevertheless, Moda provides one of the most affordable choices, especially for new construction, for downtown living and homeownership.
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June 23rd, 2008 at 6:31 am
I’m curious where all the people, “…I’ll be curious to see if they sell any of those now…”, who backed out are now?? . Please…They sold all of them in a few week! If you backed out, you made a bad financial decision. This is confirmed by the market QUICKLY absorbing those units at the 2006 price in under 2 weeks. These units are unique and the concept is exciting. A product like that will always move…its marketing 101. Good luck in your condo search, losers….
June 23rd, 2008 at 3:11 pm
why do you care if they backed out? maybe they weren’t going into this project with the intention of flipping.