New mortgage fee for condo purchases
Condo loans may get a little more expensive with a new Fannie Mae fee that’ll go into effect as of April 1st.
Newly constructed FHA approved condos
A number of new condo developments have obtained FHA approval. With FHA approval, buyers can more easily obtain FHA financing for their purchase which provides a low down payment option, more lenient guidelines and higher financial ratios.
December 2008 Condo Market Update
Bucking conventional wisdom December results turned out better than had been prognosticated. The median price rose to the second highest monthly level in 2008, the inventory supply continued to fall and more offers were went under contract.
Listing: 425 Vine Street, The Montreux condo
Fantastic opportunity for an urban pied-a-terre at Montreux. Offered at only $167,000 this spacious studio offers an exceptional value for a Belltown condo.
Epicenter Fitness – downtown Seattle
Epicenter Fitness has scheduled an open house for readers and fans of TSCB on Wednesday, December 17th. This special event features free day passes and special discounts for TSCB readers on club membership, personalized training packages, dietary supplements, exercise equipment and more.
Domaine development to be auctioned
According to the Daily Journal or Commerce, the Domaine Condominium development on Aurora Avenue is being offered for auction (Trustee’s Sale) on February 6, 2009 to the highest and best bidder.
November 2008 Condo Market Update
Citywide, Seattle condo values held firm last month at $303,000. That’s up 5.4% from October and was relatively on par (-0.65%) to November 2007. Capitol Hill, North Seattle and West Seattle’s year-over-year values for November either saw a small increase or remained unchanged, while Queen Anne and Downtown realized declines. Year-to-date, the citywide median price…
27th Street Station Condos – Tacoma
27th Street Station is the latest condo conversion project in Tacoma featuring 87 homes on a sprawling landscaped and gated community close to downtown.
First impression of Rollin Street Flats
Vulcan hosted a hard hat tour of Rollin Street Flats today, which provided a first glimpse of the project. Overall, the build quality and finishes met expectations, definitely an upgrade over Veer Lofts.
