Real Estate
More Veer Lofts price adjustments
Veer Lofts announces special pricing on a handful of units, up to $35,000 below last offered prices.
April 2009 Seattle condo market update
April market data suggests the Seattle condo market is beginning to show improvement with increased sales and plateauing inventory levels and prices.
One Olive 8 buyer’s perspective
Here’s an excellent blog posting by a pre-sale buyer at Olive 8 and his decision to walk away from $23,750.
Heron and Pagoda Towers project close to foreclosure
The Seattle Times reported that the proposed mega twin-tower project, Heron and Pagoda Towers, at 5th Avenue and Stewart is in trouble with the possibility the property will be foreclosed.
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.
Essex On The Park goes hoteling
Bellevue’s proposed Essex On The Park condominium to emerge as a high-end boutique hotel.
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.
