Ben Kakimoto
Ben Kakimoto is a Seattle condo and urban real estate marketing & listing specialist. Contact Ben to learn more about the Seattle condo and loft real estate market or about buying or selling a Seattle area condo. Find Ben on Twitter and Facebook.
Olive 8 receives a 2-year $90 million loan extension
Long-time Seattle developer R.C. Hedreen Company has received a crucial renewal of its construction loan for up to two years for Olive 8 through a $90 million loan syndication led by U.S. Bank.
November 2009 Condo Market Update
Buoyed by the first time home buyers tax credit, condo sales skyrocketed 58.2% last month while the median price dipped.
The 3-property condo auction rescheduled for Sat Dec 12th.
The condo auction that was to have taken place on December 5th has been rescheduled for this coming Saturday – December 12th at the Sheraton Hotel in downtown Seattle. The auction begins promptly at 1:00 pm.
Williams Marketing and MCM Group launch Matrix Real Estate
MCM Group and Williams Marketing, Inc announced the joint creation of a new company, Matrix Real Estate.
Would you buy a parkingless condo?
A Toronto developer plans to build a 42-story condominium tower without parking spaces.
Enso Update
Enso Condominium is expecting to begin closings and move-ins before the end of the year.
Latest pricing changes and incentives
Brix releases more homes and is hosting a happy hour buyers event on November 20th, Ruby lowers prices again and Canal Station is offering a $9,000 buyer bonus through the end of the year.
Condo Bulk Buy sells two-thirds of initial release
Realogics announced their bulk sales program has generated 20 home sales out of a 30-unit release at two participating developments – The Decatur and Eleven Eleven East Pike.
Home Buyers Tax Credit: Extended, Expanded
The $8,000 first-time home buyer tax credit has been extend through April 30, 2010; a $6,500 credit is now available to existing home buyers who “move-up”.
Weekly wrap-up
Heron / Pagoda Towers fate is sealed, Ashworth Cottages is nearly sold out, European Towers resurfaces and Marselle sales are going well.
