February 2012 Seattle Condo Market Report
Seattle’s falling median sales prices, along with vigorous sales activity and shrinking inventory shifted Seattle towards a seller’s market last month.
FHA Increases Insurance Premiums Again Effective April 9, 2012
Effective April 9, 2012 FHA will increase the upfront mortgage insurance premiums on FHA loans from 1.00% to 1.75%, raising the cost to borrowers.
Alley House 2 Green PreFab
Cascade Built recently completed this prefabricated townhome-style single family home targeting LEED Platinum Certification.
Seattle Condo 2011 Median Price Appreciation Rates
2011 reflected continued adjustments to Seattle’s condominium prices. With a few exceptions, median condo sale prices declined in virtually every neighborhood throughout Seattle.
Seattle Condo Market Update January 2012
Seattle’s median condo sales price reached a 9-year low in January falling to $208,000; sales were off a bit but the number of closings improved.
Harvard and Highlands – Distinctive Capitol Hill Homes
Harvard and Highland offers distinctive condominium luxury homes in the historic Harvard Belmont District of Seattle’s Capitol Hill neighborhood. This elegant in-city community is now 80% sold with eight homes remaining.
Condos Becoming Elusive for FHA Buyers
The effect of FHA’s 2010 condo approval and recertification changes are leaving condo buyers with fewer options as associations overlook or neglect FHA certification.
Belltown Open House Tour – January 29th
Belltown Open House Tour, Sunday, January 29th – view over 14 condos representing 10 of Belltown’s most desirable condo buildings in one afternoon.
Bellevue Towers Limited Release Pricing
Bellevue Towers starts 2012 off with limited release pricing on select homes up to 40% below original list prices.
One Main Street Condos Now 82% Sold
Bellevue’s One Main Street Condos, just south of the Downtown Bellevue Park, is now 82% sold with just 10 one-bedroom homes remaining.
