Archive for October, 2008
New listings and a Belltown lease opportunity
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.
1521 pre-solds on market
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.
Cap Hill condo auction update
The Seventeen07 Condo auctioned off its remaining units generating $3 million in proceeds this past weekend.
FHA Primer
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.
Seattle Animal Shelter needs your help
TSCB readers – Help the Seattle Animal Shelter win The Animal Rescue Site’s $100,000 Shelter Challenge.
Third quarter 2008 condo market update
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.
September ’08 condo market update
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%.
More repartmenting and condoments
Jim and Matt report that Live Historic’s Marlborough conversion project is reverting back to apartments and Maris is leasing its unsold units.
Veer Lofts update
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.
