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Seattle Condo Project Updates
Bellevue condo sales heat up, the Enclave at Lake Union re-emerges, Fairview Condos closing out, Harvard & Highland sales improve and Olive 8 introduces furnished Sky Suite options.
May 2011 Seattle Condo Market Update
Prices continue to fluctuate but with more affordable condos available, sales volume activity remain steady.
Condo Owners Insurance (HO-6 Policy)
Condo insurance is a must have for condo owners. They are inexpensive and provide comprehensive coverage for the unit’s interior, personal property, liability and assessments.
National Open House Weekend – June 4th & 5th
The Nationwide Open House Weekend event is coming this weekend, June 4th & 5th, across the country; up to 7,000 open houses in Washington State expected.
New Search Features – Open Houses and Sold
We’ve improved our condo search features with open house, sold properties and better short sale and school search options.
Historic Mortgage Interest Rates
Mortgage interest rates are at a year-to-date low, the lowest in 20 years. Plus, Wells Fargo offers a 3% down no mortgage insurance program.
April 2011 Seattle Condo Market Report
Seattle’s median condo sales price rose slightly in April; pending and closed sales activity remain brisk.
Resale Certificate Fee Cap Increased
The fee cap for condo Resale Certificates in Washington State to increase 83%.
Four Seasons staves off financial turmoil
The Four Seasons Private Residences restructures it debt amid stagnate sales while 1521 Second closes more units and is now 80% sold.
Condo and Land Use Updates
Land Use application filed for Hjarta Condo phase 2, Trace North and Trace Lofts are closing out, Harborside Condos offering steep price reductions.