Archive for April, 2009
Heron and Pagoda Towers project close to foreclosure
The Seattle Times reported that the proposed mega twin-tower project, Heron and Pagoda Towers, at 5th Avenue and Stewart is in trouble with the possibility the property will be foreclosed.
Rolling Street Flats converts to apartments
Vulcan Real Estate has announced that its Rollin Street Flats condo development in South Lake Union will convert to apartments.
Seattle Times – Buyers back out
Good article in the Seattle Times today about the struggle and decisions that presale buyers are facing at new developments.
First quarter 2009 condo market update
The first quarter results confirm what most people already know about Seattle’s condo market – it continues to struggle. Citywide, the number of closed sales are down about 46% from first quarter last year while values have decreased 9.7%.
March 2009 Condo Update
Sales activity picked up last month while the citywide median price and inventory supply rate held steady compared to February. Though, year-over-year figures show the market continues to underperform.
The BelBoy Condo – Capitol Hill
Live Historic latest project is the BelBoy – 30 condominium homes situated within five beautifully preserved turn-of-the-century homes in Capitol Hill’s Pike/Pine corridor.
