Is The Pre-Sale Condo Dead?

I have run into many situations recently where buyers of mine have requested getting out of their contracts on new construction purchases.  Basically, they purchased during the "pre-sale" phase of New Construction.  In the past, it was often advantageous for a buyer to do this because it allowed them to make money (appreciation) during the construction of the project.  … [Read more...]

The Right Time To Buy

It is time to set the record straight.  There will never be a better time to buy real estate than right now.  Developers, lenders, the government and sellers are all working together to make buyers happy and to keep us all motivated to buy real estate.  What else do we need?  It is relatively impossible to make a mistake at this point.  Sellers have reduced their pricing and … [Read more...]

Just Sold At The Parc

Just sold at the Parc in Belltown, Unit #911.  Incredible west facing views, spacious layout and lots of amenitites.  Successfully negotiated $35,000 off the asking price and over $105,000 off the last recorded sale price in 2007.  For more details on this property or any others, please feel free to contact me. … [Read more...]

Pending Home Sales Up 3.2 Percent

Just hitting the wire, pending home sales are up 3.2 percent in March.  This measure proves that we may be heading towards a bottom.  Most economists believe we are as little as 60-90 days away.  They will want to see these same numbers for the months of April and May as well before they become a Bull.  I feel good, … [Read more...]