The Amazon “Effect”, Seattle Growth

I came across an article this morning that sums up the Seattle growth story and the impact that companies like Amazon are having on our local economy. It is a lengthy piece, but well worth the read. We often talk about the Amazon impact on South Lake Union and Seattle as a whole. This particular piece really delves into the growth story and shares the intimate details. I've included a few excerpts, but I highly encourage you to read this article. Bottom line is, as a condo owner in Seattle or … [Continue Reading]

2410_South_Lake_Union

Top Floor Waterfront Condo, Previous Sale Price of $330,000. Now $103,064

If you follow foreclosures, you may have noticed that there were a very limited number of condos in the last 6 months. That was due in part to the major settlement with the Big "6" banks. During that time, those major banks were not filing notices of trustee. Since the settlement, its clear to me that more and more condos are headed back to foreclosure again - as this activity picks back up, we'll obviously be following it. There is an interesting unit head to auction this Friday. It is a … [Continue Reading]

Kirkland_Condo_Forclosure_web

24 Sales In April for Bellevue Towers, Now 59% Sold

  Bellevue Towers just set a monthly sales record of 24 units in April. The building is now 59% sold. If you haven't had the chance to see the project yet, you should.  It is concrete and steel structure that offers amenities that rival any of Seattle's condo projects. In addition to that, they are selling their units well below the cost to build. Check out these pictures I took from their 42nd story penthouse a few weeks back. Pretty cool if you ask me. Don't quote me on this, … [Continue Reading]

Bellevue Towers Penthouse 2

The Matae Condos

  THE MATAE Developer: Ovation Partners, LLC Architects: PB Architects OVERVIEW  The Matae is an 81 unit structure located on the north edge of Belltown. Completed in 2006, the Matae's construction is a concrete base, wood framed structure with an exterior comprised of corrugated metal siding, exposed concrete, and fiberglass windows. It was built in accordance with Seattle City Light "Built Smart" program. The project incorporated energy efficient building … [Continue Reading]

Matae_Condos

FOR SALE – Million Dollar Seattle Condo Once Owned by Ponzi Scheme Artist

    Well, its back. The condo of convicted Ponzi scheme artist Darren Berg is now on the market. We covered this story pretty heavily around the first of the year when the 15th floor condo went to the public foreclosure auction. Now on the market at $1,199,900, the 3,050 unit will test the buying pool of million dollar buyers. I tend to think that with $1,821 monthly HOA dues it will have its challenges, but Millennium Tower has been a staple of Seattle condo luxury since it … [Continue Reading]

Ponzi_Scheme_unit #1506_Web

Bank Owned Loft, Once Listed At $2.45 Million, Now Selling At $1,549,000

Do you remember this unit?  We wrote about it back in October of 2011 just before it went to the public foreclosure auction. It is a 3,798 square foot loft in the Banner Building in Belltown.  It was once listed as high as $2,450,000 and now is selling it for $1,549,000. This unit is insane. Although the pictures don't reveal much, I can promise you that the unit itself would blow away your expectations. It is truly one of a kind and now at a price of $1,549,000 (407psf) it should attract … [Continue Reading]

Banner Building #403:#404_web

Luxury 3 Bedroom Condo Rental – $9,500 Per Month

  It is not often that you'll see a condo rent for $9,500 in Seattle. This 3 bedroom, 2.5 bath unit just hit the market over the weekend. It happens to be in one of Seattle's newest condo buildings - Escala. It offers 2,442 sf with a private elevator and a 541sf covered outdoor terrace. The unit has phenomenal views of the Puget Sound, the Olympic Mountains and some of Seattle's best west facing sunsets. 28 floors above 4th avenue, unit #2803 is the the most expensive rental in the … [Continue Reading]

Escala - 2803

Olive 8 Nearly 75% Sold

For those you that didn't catch the press release, Olive 8 is taking part in the spring flurry of Seattle condo sales. They are nearly 75% sold, with 12 homes going under contract thus far in April. Are you an Olive 8 owner? We would love to hear about your experience. … [Continue Reading]

Olive8 1800 Views

PB Elemental Designs Another Gem (Pictures)

My love affair with Pb Elemental continues. Check out this incredible design that was recently completed in the Leschi neighborhood of Seattle. According to design-milk.com, it was the makings of a Seattle couple that just couldn't find what they were looking for. Instead of continuing their search, they bought a tear-down, contracted PB and Modern Shelter and ended up with a gem. Whats not to love? It has a thoughtful floor-plan and incredible design elements. It comes with 3 bedrooms on 2 … [Continue Reading]

Exterior

Top Floor, 2 Story Unit at Veer Lofts

For those of you loft lovers, check out this new listing at Veer. It just hit the market today.  It is a top floor, 2 story floor plan with pretty incredible views of the Space Needle. Unit #615 was sold in the spring of 2010.  The only other unit on the market at Veer Lofts is a short sale currently listed at $269,000.  For those of you looking to rent, you can lease a 4th floor unit for $1,500.  If you ask me, I could get use to living at a location like this. Its walking distance to … [Continue Reading]

Veer Lofts Seattle_UCS

2 Bedroom Condos Priced Below $500,000

  I'm still hearing complaints from buyers looking for 2 bedroom condos in downtown Seattle. There are only 15 two bedroom units priced below $500,000. Sales have been steady and I believe inventory will be limited for the months to come. If you are a 2 bedroom owner and you are thinking about selling, feel free to contact us or click the image below to join our list of prospective sellers. We would love to connect you with qualified buyers. Per our policy, we will never share your … [Continue Reading]

Cosmo-View

Just 6 High-Rise Condos For Rent In Downtown Bellevue

If your looking to rent a condo in a Downtown Bellevue high-rise, your search won't last long. There are only 6 units for rent. I was recently given the task of finding a nice quality 2 bedroom condo for a professional athlete who is going to temporarily call the Seattle area home. When they suggested a 2 bedroom unit in Bellevue our search came to screeching halt. Out of the 6 high-rise units for rent, only 2 of them are 2 bedroom units. It is not a very exciting search when you only have a … [Continue Reading]

Bellevue Towers Re-size

Windermere Real Estate/East, Inc.
3933 Lake Washington Blvd NE #100 Kirkland Wa 98033
www.UrbanCondoSpaces.com
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