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Seattle Condo Project Updates
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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
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Prices continue to fluctuate but with more affordable condos available, sales volume activity remain steady.
Condo Owners Insurance (HO-6 Policy)
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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
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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
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We’ve improved our condo search features with open house, sold properties and better short sale and school search options.
Historic Mortgage Interest Rates
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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
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Seattle’s median condo sales price rose slightly in April; pending and closed sales activity remain brisk.
Resale Certificate Fee Cap Increased
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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
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Land Use application filed for Hjarta Condo phase 2, Trace North and Trace Lofts are closing out, Harborside Condos offering steep price reductions.