The Seattle Condo Blog

We’ve just re-listed a fab top-floor Cap Hill condo priced below market and have a large 1-bedroom rental in Belltown available for just $1,350/mo.

According to the NWMLS, at least four pre-sale buyers have listed their 1521 units on the market, priced between $1,250,000 and $2,100,000.

The Seventeen07 Condo auctioned off its remaining units generating $3 million in proceeds this past weekend.

With the credit crunch and constricting mortgage availability, FHA loans have recently become more appealing to buyers. Here’s an overview of FHA benefits and requirements.

TSCB readers – Help the Seattle Animal Shelter win The Animal Rescue Site’s $100,000 Shelter Challenge.

Third quarter results showed no Earth shattering revelations about the market – prices and sales are down. Seattle’s condo median price for Q3 2008 was $305,000, down 5.3% from the same period last year.

The condo market performed fairly well last month; aside from a median price decline it did show signs of stabilizing. Compared to August, the median condo price remained unchanged at $310,000, though that also reflected a year-over-year decrease of 6.03%.

Jim and Matt report that Live Historic’s Marlborough conversion project is reverting back to apartments and Maris is leasing its unsold units.

Vulcan is putting the final touches on South Lake Union’s long awaited Veer Lofts residential development, which recently received its temporary certificate of occupancy. The six-story building contains nearly 100 multi-level lofts and open flat homes.