Seattle Condo Review: Reviews, News, and Seattle Condo Market Updates

For the Data Junkies: Dupre & Scott's Apartment Investor Report

Wendy Leung — Fri, 20 Nov 2009 22:01:22 -0800

There's a whole lotta data up in D&S's recent article on apartment ROI. The article suggests most apartment investors, even in the worst of times, still made money (4% CAGR) though that's probably because they hold property for a >10...

Bulk Buy Update

Wendy Leung — Mon, 16 Nov 2009 22:51:17 -0800

Despite the skeptics' view (myself included) that bulk buying was more complicated than it was worth, it looks like folks at The Decatur and Eleven Eleven East Pike are getting some traction. So far, they are reporting 20 home sales...

October Seattle Condo Sales: Up, up, and....up

Wendy Leung — Fri, 13 Nov 2009 21:41:48 -0800

October 2009 numbers are in...and the recovery is in full effect. Even our favorite bear reader, MD, will have to call this glass half full. Some highlights: Pending sales were up 73% over October of 2008 and up almost 25%...

Home Buyer Tax Credit Update

Wendy Leung — Sat, 07 Nov 2009 11:30:42 -0800

The legislation to extend the first time home buyer tax credit beyond its November 30 deadline and expand it to a wider group of home buyers was approved by Congress this week and signed by President Obama yesterday. Here are...

Marselle & Ruby Update

Wendy Leung — Thu, 05 Nov 2009 23:20:22 -0800

Marselle Condos has released new pricing for some of their homes on the 2nd and 3rd floors. 20 homes were sold last month and 13 homeowners have already moved in. According to the site agent, 50% of their homes are...

Auctions, Auctions, Auctions

Wendy Leung — Sat, 31 Oct 2009 21:25:07 -0700

Looks like developers and buyers are warming up to this whole auction thing. Thirty six units will be auctioned off on December 5th from the Avaview in Crown Hill, Sunrise on the Lake in Broadview, and The Summit on Capitol...

Seattle's Top Condo Investments

Wendy Leung — Thu, 29 Oct 2009 00:22:18 -0700

Remember when all of us condo lovers were wondering which building would make the best investment back in 2006. You remember 2006, right? When new condo projects were getting announced so often a few of us decided to write an...

Bulk Buy Project Offers Classes

Wendy Leung — Tue, 20 Oct 2009 21:23:59 -0700

In a previous SCR poll, 66% of readers found the bulk buying process a bit complicated. Perhaps sensing the confusion as well, the folks behind the bulk buying program are now offering a series of events and even a video...

Seattle Condo Market Update (September 09)

Wendy Leung — Wed, 14 Oct 2009 08:24:07 -0700

Eighty percent of professional economists have declared the recession over and most predict the economy will grow 3% for each of the next 2 years :-) Of course, real estate prices don't necessarily snap with GDP predictions but let's hope...

Eleven Eleven East Pike

Wendy Leung — Thu, 08 Oct 2009 22:31:32 -0700

Eleven Eleven East Pike is ready to sell and they're not gonna take it anymore. In a new press release, the folks at Eleven Eleven were none too pleased about the downward pricing pressure of recent auctions, citing Brix's reduction...