Tag: Seattle Condos
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.
December 2008 Condo Market Update
Bucking conventional wisdom December results turned out better than had been prognosticated. The median price rose to the second highest monthly level in 2008, the inventory supply continued to fall and more offers were went under contract.
Listing: 425 Vine Street, The Montreux condo
Fantastic opportunity for an urban pied-a-terre at Montreux. Offered at only $167,000 this spacious studio offers an exceptional value for a Belltown condo.
November 2008 Condo Market Update
Citywide, Seattle condo values held firm last month at $303,000. That’s up 5.4% from October and was relatively on par (-0.65%) to November 2007. Capitol Hill, North Seattle and West Seattle’s year-over-year values for November either saw a small increase or remained unchanged, while Queen Anne and Downtown realized declines. Year-to-date, the citywide median price…
Press Condo auction
The Press, a condo conversion on Capitol Hill, will be auctioning off 18 remaining units on Saturday, December 13th.
Trace Lofts resale
Trace Lofts resale — 615 sq ft open one-bedroom with large South facing window providing warmth and sunlight.
1521 pre-solds on market
According to the NWMLS, at least four pre-sale buyers have listed their 1521 units on the market, priced between $1,250,000 and $2,100,000.
Cap Hill condo auction update
The Seventeen07 Condo auctioned off its remaining units generating $3 million in proceeds this past weekend.
Third quarter 2008 condo market update
Third quarter results showed no Earth shattering revelations about the market – prices and sales are down. Seattle’s condo median price for Q3 2008 was $305,000, down 5.3% from the same period last year.
