Real Estate
Condo investors…an endangered species?
New mortgage fees and restrictions may hinder investment condo opportunities.
Parc interest rate buy-down promotion
The Parc condominium is offering a limited time rate buy-down promotion with a starting rate as low as 2.875%.
2008 Seattle condo appreciation rates
Citywide, the 2008 median price for Seattle condos depreciated by just 0.9%, from $315,000 to $312,000. Most areas did see declines but a handful of neighborhoods realized healthy gains.
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.
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.


