Archive for June, 2008
New Listing – The Melrose Condo | Capitol Hill
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…
Condo Conversion Spotlight
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 at…
AVA, I Hardly Knew Ya
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, the developers plan…
More troubled waters ahead?
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. I’m…
Copper Lantern Homes – Kenmore
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 are expected…
Belltown Does Solstice
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.
10th Annual Take Your Dog to Work Day
South Lake Union and the will be celebrating the 10th annual Take Your Dog To Work Day.
2015 2nd Avenue Design Review
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 and Virginia,…
It’s Elemental, My Dear Seattle
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…
May 2008 Condo Market Update
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.
