Apr 07 2008
Stadium lofts which will add many residents to the stadium area has been taken over by a new developer. The Seattle times has a excellent article about the progress. One issue in building near the stadium is the noise caused by night events. I have represented buyers and condo owners selling in the stadium area and they commented Continue Reading »
Apr 03 2008
The South Lake Union phase 1 will be open to the public on Wed, April 30th from 11:00 am - 1:00 pm.  Seattle Parks Foundation launched a $20 million capital campaign to develop 12 acres of green space in the heart of the city into a magnificent waterfront park. The property was acquired over the past 20 years and with investment of City funds totaling over $17 million. The opening will offer  visitors many free activities including Continue Reading »
Mar 29 2008
The development team of ESCALA, the 31-story mixed-use luxury condominium project in downtown Seattle’s Midtown district, celebrated a construction milestone this week as the building rose above street level.
The eight floors of underground parking at ESCALA are complete and the ground floor of the project has been poured. The crew is currently pouring the mezzanine level and will next start work on the second-story level to be fully occupied by the private city club Club Cielo. The construction rate will proceed at a little over a week per floor for the residential units after Club Cielo’s level is complete.
“This is a major milestone for ESCALA and urban living in Seattle Continue Reading »
Mar 25 2008
Recently I was to speaking to several buyers who indicated they “didn’t care” about if their unit came with a parking space because there was plenty of on street parking when they were driving the neighborhood. I reminded them of what’s happening in certain areas of the city were they are installing parking meters and parking would not be as easy. One such place is South Lake Union where you can see more and more meters springing up. Several units in some of the bigger Seattle Condo buildings do not come with a parking space. I guess this is alright if your a out of townee who’s buying the condo to have a place to stay while you are in the City. But be warned, Continue Reading »
Mar 21 2008
In a project update from the city this month for the proposed East Link project, which would connect the light rail from downtown Seattle to the Eastside the Sound Transit board is reviewing options on the content and timing of a future Ballard measure.
Why are they doing this, well they believe we will have an additional 1.2 million more residents by 2030. I wonder where all these new residents are going to live. Continue Reading »
Mar 18 2008
There was a email sent to me today from the Ava sales team informing me that the Executive Group and Fana Development Group received the Master Use Development Permit with unanimous support of the Seattle Design Review Board for Continue Reading »
Mar 18 2008
Seattle condo buyers don’t get too excited yet, because even though the fed cut the rates it does not mean the mortgage rates will go down the same amount to buy that Seattle condo.  Investors don’t want to get locked into long term investments with low interest rates if we have high inflation. Despite a reduction of 2.25 points since September in interest rates we have seen little fluctuation in l Continue Reading »
Mar 17 2008
There is a free downtown condo tour so potential buyers can see the latest new developments and conversions that are or will be available in the Seattle Condo market. They are also providing participants with a complementary shuttle service to take you from one sales center to the next.
Buyers should put their realtors name on the sign-in forms, so they can be represented and have a realtor of their choosing to represent them. Many projects have restrictions on your realtor representing you if you did not include their name on the first visit and registering is a way for them to monitor this.Â
The Seattle Condo tour provided me with this press release:
Fisher Communications is proud to announce that the Seattle Condo Tour is back and Continue Reading »
Mar 14 2008
Rumor is that some  builders in the Seattle and Bellevue area are offering price guarantees for units in their buildings. I wanted to find out exactly how this worked so I contacted the Trio Sales center to find out right from the source. The Trio is located at Denny and Western where Belltown, Queen Anne and the waterfront converge. I was informed this is how the guarantee works: Continue Reading »
Mar 13 2008
Children’s Hospital in Seattle is looking into expanding. The only problem is land is not available, so what the solution. The solution is buy a condominium complex and potentially use the site for the expansion. But how do you get those condo owners to sell their condos. Well you offer them Continue Reading »
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