Archive | January, 2009

Ruby Condos – Eastlake

Posted on 31 January 2009

The Ruby, Seattle’s newest condominium located in Eastlake, is celebrating completion of its 52 one-bedroom homes with a Grand Opening scheduled for the weekend of February 7th & 8th.

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Condo investors…an endangered species?

Posted on 25 January 2009

New mortgage fees and restrictions may hinder investment condo opportunities.

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Condo PR, news and deals

Posted on 22 January 2009

Several condos are offering deals to close out construction, but none as good as those being offered at Veer. Buy a condo, get paid closing costs plus free furniture, plane tickets and a workout.

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Parc interest rate buy-down promotion

Posted on 19 January 2009

The Parc condominium is offering a limited time rate buy-down promotion with a starting rate as low as 2.875%.

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2008 Seattle condo appreciation rates

Posted on 15 January 2009

Citywide, the 2008 median price for Seattle condos depreciated by just 0.9%, from $315,000 to $312,000. Most areas did see declines but a handful of neighborhoods realized healthy gains.

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New mortgage fee for condo purchases

Posted on 13 January 2009

Condo loans may get a little more expensive with a new Fannie Mae fee that’ll go into effect as of April 1st.

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Newly constructed FHA approved condos

Posted on 12 January 2009

A number of new condo developments have obtained FHA approval. With FHA approval, buyers can more easily obtain FHA financing for their purchase which provides a low down payment option, more lenient guidelines and higher financial ratios.

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December 2008 Condo Market Update

Posted on 12 January 2009

Bucking conventional wisdom December results turned out better than had been prognosticated. The median price rose to the second highest monthly level in 2008, the inventory supply continued to fall and more offers were went under contract.

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Listing: 425 Vine Street, The Montreux condo

Posted on 11 January 2009

Fantastic opportunity for an urban pied-a-terre at Montreux. Offered at only $167,000 this spacious studio offers an exceptional value for a Belltown condo.

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