Friday Round-Up
Townsend is a community of 13 new construction luxury townhomes on Queen Anne’s desirable South Slope. The four-level homes range in size from 1,720 to 2,580 and offer spectacular downtown, water and Space Needle views.
Lakeview Residences – Capitol Hill
The Lakeview Residences is the latest residential development by Hunters Capital. Nestled along Lakeview Boulevard on Capitol Hill’s Western slope, the exclusive six-home Lakeside Residences command sweeping views of Lake Union and the Olympics beyond.
June 2008 Condo Market Update
June exhibited a solid month for Seattle’s condo market. Though unchanged from May, the citywide condo median price of $320,000 reflected a 6.7% increase over June of last year, marking the second consecutive year-over-year increase since December. In fact, most neighborhoods recognized value appreciation last month.
Heron Pagoda On Hold
The Heron Pagoda development at 5th and Stewart has been delayed, according to the DJC today, becoming the latest project to be put on hold due to the housing market and the economy. It joins the other major downtown area projects that are on the back burner — AVA, 1 Hotel, Martin and Stewart and…
First Church Seattle Update
Received a project update from First Church this afternoon. The Capitol Hill church-to-condo conversion is on schedule with work on the interior progressing. When completed in the first half of 2009, the church will be home to 12 multi-level luxury townhome units centered around the church’s dome.
New Listing – The Melrose Condo | Capitol Hill
The Melrose Condominium 1708 Melrose Ave #501 $429,950 | MLS# 28110282 The Melrose is a boutique condo community that’s conveniently located at the cusp of downtown and Capitol Hill, offering a true cosmopolitan living experience. After a long day at work, it’s just a short jaunt home from downtown where the elevator delivers you directly…
Condo Conversion Spotlight
MODE Seattle – Capitol Hill Situated at the residential end of Bellevue Avenue E, you’ll find the 36-unit MODE conversion development. Originally constructed in 1957, the 3-story walk-up has been tastefully reinvented and features a mix of studio, one- and two-bedroom homes. MODE offers an affordable option for Capitol Hill homeownership with units starting at…
AVA, I Hardly Knew Ya
The AVA condo and hotel project at 8th and Pine has become the latest development to officially be put on ice. At least for the time being. According to the Puget Sound Business Journal, AVA has suspended active sales and is holding off opening its sales center until the market improves. However, the developers plan…
More troubled waters ahead?
Just some observations… Spoke with King5’s Bernard Choy today about some major price decreases, namely Madison Lofts and Cosmo. Check out unit #210 at Madison Lofts, SW corner unit – was $549,000 now $429,950. In his report, Bernard stated ML is taking some pretty steep decreases, up to $200,000. Pre-sale investors are jumping ship. I’m…
Copper Lantern Homes – Kenmore
The Low Income Housing Institute recently broke ground on a new affordable townhouse condominium development called Copper Lantern Homes located in Kenmore at 7026 N.E. 182nd Street. The development will contain 33 two-, three- and four-bedroom homes and is aimed towards first-time homebuyers earning up to 80% of the county’s median income. Prices are expected…
