Condo updates, spring forward

Daylight Savings Time starts this weekend; sales and news updates for Escala, 1521 Second, 1350 Alki, Trace North, Gallery and Hjarta.
February 2011 Seattle Condo Market Update

Seattle’s median condo selling price rises 7.66% to $312,750 in February 2010, a 14-month high.
Gallery Condo averts auction disaster, switches format

Gallery Condo ditches the auction of 25 open one-bedroom and one-bedroom homes that was slated for tomorrow, Saturday, March 5th; switches format.
Mortgage Credit Certificate Tax Credit

The Mortgage Credit Certificate is an often overlooked tax credit that’s worth $1000s for first-time home buyer’s.
Olive 8, Trace, 7800 Plaza, Marselle and Gallery condo updates

Olive 8 records 15 new home sales since its January 1st reset, Trace North reduce prices, 7800 Plaza and Marselle sell over 60% and the Gallery condo auction is just weeks away.
Condo project updates, sales pick up

Reports from a number of condo developments in the metro Seattle area suggest condo sales are beginning to pick-up as prices continue to trend down.
Bellevue Towers sales on the uptick

Bellevue Towers is experiencing a turnaround since reducing prices with 18 pending sales in the past month.
January 2011 Seattle Condo Market Update

Seattle’s January median condo price improved over December to $291,500 but fell 7.17% year-over year, unit sales volume up.
HOA Foreclosure and the FHA Squeeze
Linkage: Condo HOA’s foreclosure option for delinquent owners; FHA changes create resale challenges for condo sellers.
Gallery Condo Auction, Part Deux | March 5, 2011

Update: On March 4th, the developer changed the format of the auction, cancelling the public auction that was scheduled for March 5th at the Grand Hyatt. Instead, the Gallery condo units slated for auction will be sold through a “Buy Now” event, open to those who previously registered for the auction. At the Buy Now…