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.
October 2009 Seattle condo market update
The Seattle condo market rebounded in October with increases in sales, number of closings and median price, likely fueled by the rush to qualify for the first time home buyers tax credit.
Queen’s Court reduces prices, again
Queen’s Court, located in the Uptown area of Queen Anne, has taken its second reduction in two months, reflecting discounts up to 27%.
More Seattle condos to be auctioned
TeamBuilder JLS has just announced the auction of 36 Seattle area condo properties, located in North Seattle and Capitol Hill, on December 5, 2009. Minimum bids start from $125,000.
Thornton Place offers price special
Thornton Place is offering a limited time pricing special on five select homes, reduced up to $57,000, through October 31st.
Ruby Condo lowers prices
Eastlake’s Ruby Condominium has reached the 60% sold point and have lowered their prices.
FHA condo guideline changes
Effective December 7, 2009 November 2, 2009, FHA will introduce changes to its condominium approval process and eligibility guidelines.
Veer Lofts offers $8,000 seller credit to buyers
Veer Lofts, located in Seattle’s South Lake Union district, has reduced prices and is offering a limited time $8,000 seller credit on any purchases before December 1, 2009.
Sylvan Ridge Townhomes: newest phase completes in November
West Seattle’s Sylvan Ridge Townhome development expects to complete its newest phase in November.
