Seattle Times – Buyers back out
Good article in the Seattle Times today about the struggle and decisions that presale buyers are facing at new developments.
First quarter 2009 condo market update
The first quarter results confirm what most people already know about Seattle’s condo market – it continues to struggle. Citywide, the number of closed sales are down about 46% from first quarter last year while values have decreased 9.7%.
March 2009 Condo Update
Sales activity picked up last month while the citywide median price and inventory supply rate held steady compared to February. Though, year-over-year figures show the market continues to underperform.
The BelBoy Condo – Capitol Hill
Live Historic latest project is the BelBoy – 30 condominium homes situated within five beautifully preserved turn-of-the-century homes in Capitol Hill’s Pike/Pine corridor.
Essex On The Park goes hoteling
Bellevue’s proposed Essex On The Park condominium to emerge as a high-end boutique hotel.
Thornton Place offers a layoff guarantee
Thornton Place releases 27 additional condominiums homes for sale with a number of incentives including a layoff guarantee.
Queen Anne HS condo auction results
All twelve of the Queen Anne High School condo homes at auction were successfully bid upon. On average, the units went for 31% below their last list/known prices.
Enso offers special pricing on select units
Enso drops prices on select homes and is offering other incentives to entice buyers.
Copper Lantern nears completion
LIHI’s affordable Copper Lantern Homes development in Kenmore is nearing completion with homes starting from $161,500. The homes are aimed towards buyers earning less than 80% of the county’s median income.
