Bellevue Towers Offers Limited Release Pricing, Shows Strong January Sales Numbers

  The success from 2011 has carried over into January for the sales team at Bellevue Towers.  According to my source at the project, they have sold 7 units this month and are negotiating contracts with a number of other buyers. This comes on the heels of their newly released pricing promotion. Limited Release Pricing is… [Continue Reading]

Bellevue Towers Re-size

Top Floor At Bagley Lofts In Wallingford

With limited inventory in the downtown market, some Seattle buyers are looking elsewhere for their condo or loft. I would definitely take a look at this top floor unit at Bagley Lofts. It just hit the market a few days ago. It has 14 ceilings, city and lake views, slate floors, marble, Bocci, Lutron and… [Continue Reading]

Bagley Lofts - 4422 Bagley Ave #310

Just 10 Units Left At One Main Street In Bellevue

  With two more buyers purchasing units at One Main Street last week, their inventory is down now to just ten homes. The remaining homes at the boutique 57 unit project are a variety of one-bedrooms. The smallest and least expensive home is a 662 sq. ft. priced at $299,900. It features a nook separated… [Continue Reading]

One Main Street Condos | UrbanCondoSpaces.com

New Wave of Rental Units In Popular Seattle Condo Projects

For those of your looking to rent in 2012, there are a new wave of rentals that just hit the market in Seattle. Unlike traditional “apartment” projects, these rentals are condo owners leasing their units in highly coveted buildings. I’ve included the listings below.  Just click the picture to view more details. 5th and Madison… [Continue Reading]

For Rent Seattle

Sanctuary On Capitol Hill To Resume Sales January 28th (Pictures)

  Its back again. Sanctuary – a 12 unit residential conversion of the former 1906 First Church of Christ, Scientist is scheduled to be re-introduced to the market next week (see below). It was originally built between 1906 and 1911 and was designated a historic landmark by the City of Seattle in 1977.  In 2007,… [Continue Reading]

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The Next Housing Bubble In Seattle – Apartments?

  I just read a great article today about apartment developers who face a potential supply bubble.  It highlighted some very important points that are worth considering as we examine the next 5-7 years in the Seattle market. We are in massive cycle of apartment development.  Just this last year, we’ve seen an incredible amount… [Continue Reading]

Seattle Skyline

4.5 Million Dollar West Facing View

Um…..Yeah. The list of incredible view units just grew by one. Check out this west facing view unit at One Lincoln Tower in Bellevue.  Originally bought in shell condition, it was creatively developed and is now listed for sale. How much – $4,500,000 (MLS #311189).  Its $4.5 million dollar price point puts the 3,000sf unit… [Continue Reading]

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Ponzi Scheme Leads To Sale Of Millennium Tower Condo (Foreclosure Auction)

There is a condo going to foreclosure auction this Friday and its in one of the most luxurious buildings in all of Seattle - Millennium Tower.  What makes this foreclosure unique is not just the property itself, but the Ponzi scheme that surrounds the person that bought it. Do you recall the story of Meridian Mortgage… [Continue Reading]

Unit #1506 _ C/O Lister/Parmenter

Cristalla Condo Sells for 57% Less Than Its Last Sale Price In 2007

Do you remember this condo we wrote about in September? Then, unit #809 at Cristalla was scheduled to go to auction with a minimum bid of $254,745. It was postponed (delayed) and finally made its way back to the foreclosure auction last Friday. It was brought to our attention by a loyal reader and client… [Continue Reading]

Cristalla_1909_View_Deck

The Penthouse at 1521 is Back….Reduced by $1,062,820 or 21%

Do you guys remember this penthouse?  We covered it back in February of last year (1521 Penthouse, Yes Please).  It was also featured in a guest piece on Seattleite.com.  Well, it is back on the market and it appears to be priced to sell.  At a cool $3,900,000 it can be yours.  I recommend  at least… [Continue Reading]

1521 Penthouse

I’m Back From Vacation – 2012 Resolutions For The Blog

Happy New Year!  I’ve been away on a family vacation (Mexico) and I’m just getting back and caught up on work.  I had an amazing trip, and I’m thankful for the family that I have that made the trip so special.  Taking some time off always helps me to re-charge and give my best efforts again… [Continue Reading]

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Just Another Uber Cool Foreclosure, Unit #2101 Newmark Tower, (Pictures)

It is Monday and yet again I have a great example of a foreclosure from last Fridays auction. Unit #2101 at Newmark Tower sold for $297,000.  The minimum bid was $263,500. In January of 2010 it was listed as high as $450,000. So when I saw that it was headed to auction, I had a… [Continue Reading]

Newmark Tower Deck

Bellevue Rental, 40th Floor, $12,500 Per Month

I have to be honest.  I was a bit surprised, when I saw this.  There is a rental at One Lincoln Tower in Bellevue that just hit the market for $12,500 per month! Apparently, it is not available until February of 2012. It has 3,000 sq ft, with 3 bedrooms and 4 total baths. Features… [Continue Reading]

One Lincoln Tower Exterior

Just 2 Condos Left, At Eleven Eleven East Pike On Capitol Hill

Quick update on 1111 East Pike in Capitol Hill.  There are just 2 units left before they reach their final sellout.  The project is located between 11th and 12th on Pike and consists of 27 units on 6 floors.  I’ve included unit #502 below if you want to check it out.  It is currently listed… [Continue Reading]

1111 East PIke

Are Million Dollar Condos Selling In Downtown Bellevue?

  Out of my own curiosity, I wondered this morning how many million dollar condos are selling in Downtown Bellevue.  I pulled a six month range of units sold and found 11 condos with sale prices of $860,000 on the low end up to $1,375,000.  The average price per square foot was $522.28, with an… [Continue Reading]

Bellevue Towers Through Bellevue Park

I’m Back. A Personal Trip To New York City (Pictures)

I just returned late last night from 10 days in NY.  The last time I spent more then 8 days away from home was in 2003 (when I lived in Spain for 6 months).  New York City is a special place for my wife and I.  She lived there for close to 5 years, we… [Continue Reading]

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Prices Down, Inventory Down, Sales Up For Condos

I’m currently in NYC. Yep. I’m touching base from my hotel room. Not playing at the moment, just working – go figure!  I had some important news to share with you guys. I caught word yesterday that November condo sales were up BIG.  As I was investigating this morning I ran across an article citing… [Continue Reading]

Seattle Heights Views

Concord Penthouse, Last Sold In 2003

We all love the idea of living in a penthouse right? This penthouse at the Concord has not been on the market since 2003 .  Listed at $1,795,000 it sits atop of one of the best buildings in Belltown.  The unit has 9 foot ceilings, walls of windows and over 700 sq ft of outdoor… [Continue Reading]

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Lumen Condo Once $449,900, Priced At $188,987

The distressed category of the Seattle Condo market continues to expand. I know I risk boring you guys with so many examples of distressed units, but I feel that it is important for you to see. The “market value” for condos downtown is constantly facing pressure from the short sales and foreclosures that make up… [Continue Reading]

Lumen Lobby With Needle

Queen Anne High School Condo Sells For $131,161

Yep, you read that correctly. We initially highlighted this unit last week in our Black Friday post. Unit #316 last sold in November of 2007 for $341,241.   Now, just 4 years later it sold for $131,161; which was “$1″ over the minimum bid set by the bank. Some may argue that with the recent… [Continue Reading]

Queen Anne High School Building