May 07 2008
The Clise family who owned a big chunk of prime real estate in the Denny Triangle close to the Valcan projects currently under construction has decided to remove the land from the market due to the recent change in the real estate and financing markets. As reported in the Seattle Timesit could take up to 15 years to develop a property that large.
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 »
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 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 »
Mar 07 2008
During a Cosmopolitan condo yearly board meeting the topic of setting a limit on the amount of owners who may rent out there unit at any giving time surfaced. This was suggested so the building could stay within conforming loan guidelines and make the property more marketable.  Many times developers indicate they limit the amount of buyers who can purchase an unit for investment purposes. This might only prevent the buyer from renting their unit for one year because of loan guidelines. One thing to consider Continue Reading »
Feb 29 2008
The construction of the condominium at 1918 eight right next to the cosmopolitan building can be viewed on a webcam installed. This provides a good view of how a building actually is erected.
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