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Blog Details for "Seattle Condos and Lofts Blog"
Seattle Condos and Lofts Blog Seattle Condos and Lofts Blog Descriptions and reviews of Seattle's many condo and loft communities and information on buying and selling a condo property. Articles
Trace Lofts Update
2008-03-12 00:31:00 Trace Lofts (website) report they are down to their final 5 units. Four of the units are on the 4th level with the remaining unit on the 5th level. Prices range from $485,000 for a 703 sq ft loft to $850,000 for a 1,154 sq ft loft. Next door at Trace North, construction is ... More About: Real Estate , Update , Capitol Hill
February 2008 Market Update
2008-03-06 07:47:00 February performance results expressed the buoyancy of Seattle’s condo market. As we’d expect moving towards Spring the market is beginning to pickup with increases in the number of sales, closings and median price. Compared to January there was a 20.7% increase in the number of properties going under contract (pendings), a sign of ... More About: Real Estate , Market , Update , February 2008 , February
1 Hotel, Where R U?
2008-02-29 19:25:00 1 Hotel announced they are delaying start of the project again, this time for another 6 months due to a second redesign of the project, according to the DJC. The redesign will add traditional hotel rooms and reduce the number of the City Suites. The plan now calls for 51 traditional condos, 44 ... More About: Real Estate , Pioneer Square , Residences
Bellevue Towers Price Protection
2008-02-28 20:24:00 Following Olive 8’s lead Bellevue Towers is now offering a price protection guarantee to new buyers. This program guarantees that the price of a home purchased now will be appropriately adjusted at closing if similar homes are subsequently sold for less than the current list price. In addition, Bellevue Towers is offering a limited-time ... More About: Real Estate , Price
New Green Lake Condos
2008-02-28 06:08:00 A couple of new condo developments are coming to Green Lake . With significant revitalization projects underway on the Northeast end of the lake, it’s good to see new developments on the West side. Information is sparse, and subject to change, but this is what I’ve been able to gather so far. Tyee At Greenlake Currently ... More About: Seattle , Real Estate , Greenwood
New Downtown Apartments
2008-02-27 06:35:00 The condo front has been pretty quiet so I thought I’d highlight some of the new apartment developments coming up in the downtown area. A number of the apartment projects rival the scale, amenities and upper-end finishes of new condominiums. The Olivian Location: 8th & Olive Building: 27-story, 224 units Developer: The Hanover Company Architect: CollinsWoerman Other: Under construction, occupancy ... More About: Apartments , Downtown
Marselle Condominium - first look
2008-02-20 00:33:00 If you’ve been by the Space Needle recently you’ll have noticed a hub of construction activity along Denny Way near Aurora. Currently, four projects are under way including two apartments, a hotel/apartment complex and a new condominium. The Marselle Condominium, at 115 Aurora Ave, is the latest addition to the burgeoning area just north ... More About: Seattle , Real Estate , Queen Anne , Midtown
Stadium Lofts Update 2
2008-02-19 00:50:00 There’s been some shuffling going on with Stadium Lofts but things seems to be falling into place. Barrientos is now the sole developer of the project after spearheading a recent design change. Information about the new design will, hopefully, be announced in the next few months. Construction is now expected to begin ... More About: Pioneer Square , Update
Hyatt Place Update
2008-02-18 23:52:00 When originally conceived, the project at 6th & Denny where Greg’s Japanese Auto used to be was going to be the newest addition to the hotel & condo hybrids popping up in the city. Instead, work is now progressing on a hotel & apartment project. The developer has opted to switch to apartments ... More About: Real Estate , Update , Place , Midtown , Hyatt
Condo Legislative Update - Reserve Studies
2008-02-17 00:49:00 A couple of interesting bills are easily moving through the House and Senate concerning condominium reserve studies and reserve accounts. A reserve account is supplemental to an association’s annual operating budget and is used to fund major maintenance, repair and replacement of common elements. The purpose of the reserve account is to offset ... More About: Studies , Real Estate , Condo , Update , Reserve
Area Projects Pick Up Marketing Awards
2008-02-15 19:15:00 The National Sales and Marketing Council announced its 2008 “The Nationals” Gold Award winners this past Wednesday in 59 categories. The awards honor new-home sales and marketing homebuilders, developers, associates, and consultants. From among the 1,400 entries, Seattle winners were represented by Escala and Veer Lofts: Best Buyer Retention Program - Escala Best Sales or Information ... More About: Projects , Awards , Real Estate
More on Heron & Pagoda Towers
2008-02-13 22:50:00 More preliminary renderings of the Heron and Pagoda Tower project in downtown Seattle. Just based on the scale of the project (1.2 million square feet, $900 million) and striking architecture, this has got to rate as the most exciting development Seattle will experience. The project will consist of two 43-story towers (550′), up ... More About: Real Estate , Pioneer Square , Midtown , Downtown Seattle
Sign of the Times - Olive 8 Offers A Price Guarantee
2008-02-13 21:40:00 The Olive 8 condominium (website) and Hyatt hotel project is progressing full steam ahead with construction now exceeding 22 floors. The project is 80% sold with occupancy of lower level homes slated for January 2009 while the Hyatt at Olive 8 is expected to open this coming December. A model home within the ... More About: Real Estate , Pioneer Square , Offers , Price , Sign
Condo Chatter
2008-02-12 01:37:00 Seneca Towers The DJC reported that Laconia Development (formerly Levin Menzies) plans to start work on Seneca Towers this summer and anticipates completion in the summer of 2010. Seneca Towers, located at 8th & Seneca, will consist of 294 units in two towers. Icon Tower The other project Laconia is developing in Seattle is the sleek & slender ... More About: Real Estate , Hotel , Pioneer Square , Condo , Midtown
January Market Update
2008-02-11 04:35:00 Seattle’s condo market continues to exhibit a state of flux. Last month the condo median price dropped .49% to $305,000 compared to January 2007, the first year-over-year decrease in over 24+ months. Compared to December, the median price was down 4.7%, though typically the median price in January is lower than December. As anticipated, ... More About: Real Estate , Market , Update
Listings and an Open House
2008-02-08 00:05:00 Just brought on two fantastic one-bedroom condo units at the Regata and Asia. These are perfect entry-level opportunities for anyone looking to enjoy the urban, in-city lifestyle. The Regata, Unit #120 This home is only the third one-bedroom unit to come on the market in over two years in the highly desirable Regata Condominium, located conveniently ... More About: House , Seattle , Real Estate , Open , Listings
Conversion Spotlight
2008-01-29 22:03:00 Queen Anne The Newbury Etruscan (website) is a small conversion project on the North side of Queen Anne at 49 W. Etruria. Originally built in 1968, the project features only 8 condominium homes comprised of 6 one-bedrooms about 680 sq ft in size and 2 two-bedrooms that are 860 sq ft. All 8 units ... More About: Seattle , Real Estate , Queen Anne , Fremont , Spotlight
NWMLS 2007 Condo Highlights
2008-01-28 20:16:00 The NWMLS just released its Brokers Report on 2007 home sales. Here are some highlights pertaining to condos: The NWMLS reported $32.3 billion in total home sales in its 19 county territory. Just about one-half of that dollar volume, $16.5 billion, was realized in King County. And, of the $16.5 billion, $13.4 billion ... More About: Real Estate , Condo , Highlights
New Look for Heron / Pagoda Towers
2008-01-26 23:37:00 There’s a new look for the Heron/Pagoda project at 5th Avenue between Virginia and Stewart Streets in downtown. The most current renderings indicate a twin-tower design, which interestingly enough, will be directly across from the Westin Hotel’s twin-towers. Between the Westin & Escala (foreground) Note: A 2nd design guidance meeting has been scheduled for this project ... More About: Real Estate , Midtown
Forte Condominiums - Pinehurst
2008-01-25 21:12:00 The Forte Condominiums (website) is currently celebrating its grand opening in the Pinehurst neighborhood located in North Seattle. Forte, a 4-story conversion, features 48 one-bedroom and two-bedroom homes that range in size from 564 sq ft to 1,400 sq ft for the penthouse suites. All homes surround a large light-filled central courtyard. Currently, one-bedrooms ... More About: Real Estate
The Other Shoe Drops - Domaine
2008-01-23 22:40:00 According to the Daily Journal of Commerce, Intracorp has offered Domaine up for sale as apartments. The project is listed for sale on the Moran & Co. website, view listing here. In response to questions about the listing, Intracorp said, ?Domaine has not been sold and we are currently selling condos and townhomes” in the development. ... More About: Queen Anne , Shoe
Project Happenings
2008-01-23 20:08:00 The Maris - revamped its website and opened its sales office, but only on the weekends (Friday - Sunday, 12-6 pm). Homes start at $419,000. Noma - has an interesting promotion going on through Feb 29th. For buyers using the preferred lender, Noma will (1) match any price decrease (%-based) and pay float ... More About: Real Estate , Project , Queen Anne , Ballard , Happenings
New Project Resales
2008-01-22 23:28:00 Late last year Belltown welcomed the completion of two condominium projects - The Parc & Mosler Lofts. With resale units in both projects hitting the market, it’s as good a time as any to take a peek at what investors are looking to score. The Parc To date, there have been nine resales at The Parc; ... More About: Project
Conversion Bill Do-Over
2008-01-19 01:56:00 Passed over during the last legislative session, the condo conversion bills are making their way through both houses of the state legislature. I’ve posted updated info on the bill as well as my thoughts about the bill on my other blog. I have been in favor of some sort of change to the current requirements ... More About: Conversion , Bill
Seattle Condo Performance & Appreciation for 2007
2008-01-17 07:27:00 As a follow-up to the December Market Update post I’ve included charts comparing the monthly median condo price of various neighborhoods for 2006 and 2007 by MLS area. I also calculated the annual median price appreciation rate based on closed sales for 2007. For the year, Downtown, Capitol Hill and West Seattle underperformed with ... More About: Performance , Real Estate , Condo , Appreciation
Expo62 Bites the Dust
2008-01-14 23:26:00 It had been rumored for the past few months that Expo 62, a new condominium project under construction in Lower Queen Anne , was going to be converted to apartments. Now, it seems to have come true. According to fellow Realtor, James Stroupe, who reserved a unit in Expo62, the building was sold to an ... More About: Seattle , Real Estate
Understanding a Building?s Envelope
2008-01-11 22:48:00 Farren West is the owner of Key Inspection Services and is a contributor to the Seattle Condo Blog. Farren can be contacted at KeyInspectionServices.com. One can think of a building envelope as being similar to envelopes used to mail packages through the postal service. A standard package mailing envelope is used to ... More About: Building , Real Estate , Understanding , Envelope
Smith Tower Conversion Scaled Back
2008-01-09 01:42:00 The Seattle Times reported today that Smith Tower’s owner, Walton Street Capital, has amended plans to convert the venerable landmark. The new proposal calls for converting the top 12 floors to condominiums with one unit per floor, roughly about 2,000 square feet each. Read the full article at the SeattleTimes.com: Smith Tower condos: Only ... More About: Real Estate , Pioneer Square , Back
Seattle Condo Market Update - December 2007
2008-01-08 04:20:00 The Seattle condo market saw a modest 2.7% increase in the median price in December, rising to $320,000, compared to the prior year. As expected during the close of the year, the number of active listings, pending sales and closed transactions fell last month. There were only 174 pending transactions in December, the ... More About: Real Estate , Market , Condo , Update
Best Views in Belltown?
More articles from this author:2007-12-22 20:47:00 Martin Selig Real Estate is proposing a new 14-story apartment building adjacent to the Olympic Sculpture Park. Located on the north end of the park, residents at the 3031 Western project will enjoy unobstructed front-row park, downtown and Elliott Bay views. …the vision calls for layers of glass ?veils? with various degrees of translucency and ... More About: Views , Seattle , Belltown 1, 2, 3, 4, 5, 6, 7 |
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