Real Estate
King5’s condo cover-up report
In case you missed it, here’s King5’s video report on condo conversion defects.
Thornton Place – Northgate
When fully completed the Thornton Place urban village will feature a 14 screen & IMAX theater, retail and restaurants, 266 apartments, 121 condos including 12 live/work lofts, a 143-unit senior living development by ERA Living and an uncovered Thornton Creek channel.
Condo odds and ends
Updates and happenings at One Main Street, Canal Station, Gallery and Veer Lofts.
WestWater rentals
The WestWater, a recent condo conversion development in West Seattle is going back to its old roots, sort of. With 45% of the units unsold, the developer took them off the market last week and is now renting them out.
NoMa fact check
NoMa sent the following mass email out exclaiming “Closeout Pricing” and claiming they have the best prices in Ballard for new two-bedroom condo homes and to compare their prices with two other new developments. So, I figured it’s fair game to take them up on their suggestion.
Leona Open House Event
The Leona Condominium on Queen Anne will host an open house event on Saturday 9/13 and Sunday 9/14 from 11 am to 6 pm. Leona is a mix of the old with new. The development preserves the original 1909 structure along with the addition of a new penthouse level on top as well as townhomes…
Conversion Spotlight
Recently, a number of newly converted condo projects popped up in the MLS. Here’s a breakdown of these developments located in West Seattle, First Hill, Lake Washington and North Seattle.
Recent Price Adjustments
Recently, a number of condo developments, both new and conversions, adjusted prices downward. Here’s a list of those that have dropped prices in the past few weeks.
Condo values holding firm…
Seattle’s condo market has experienced considerable fluidity, yet through first eight months this year the citywide condo values have remained on par with 2007.
Bellevue Towers open house event
Bellevue Towers, the Eastside’s most hyped (and likely to be one of the region’s few condo successes) is hosting an open house of three newly completed model homes. The model homes, which range in size from 800 sf to over 1,600 sf, showcase three distinct interior designs with budgets from $20,000 up to $100,000.
