FHA Announces New Changes
FHA, today, proposed significant changes to its program in order to reduce its risk, which will increase costs for borrowers.
Condo development updates
200 West Highland has begun closing, Marselle is hitting its sales stride and Ruby is looking to close out strong.
Leona’s down to the last unit
Leona Condominium is down to its last unit, a 3-story 2-bedroom brownstone townhome.
Seattle Condo 2009 Appreciation Rates
In 2009 the annualized Seattle condo median price fell 10% from the prior year. While prices declined throughout the city, several neighborhoods realized strong growth in condo values.
December 2009 Condo Martket Update
December sales volume reflected marked improvement over the prior year, though condo values continued to slide.
Long wait is over, Enso Condo begins closings
With 55% of homes sold, Enso began closing on purchases today with the first home owner move-in expected before Christmas.
Condo auction sells 18 of 38 units, yields $3 million
Eighteen home buyers took advantage of the recent round of auctions at the Sunrise on the Lake, The Summit, and Avaview condominium projects last Saturday.
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.
