Element Townhomes in Redmond-One Unit Left

Element-Townhomes

I just received an e-mail from Ryan Raffetto at Intracorp.  They have just one home remaining in their townhome project in Redmond.  Element, is a development of loft-style townhomes. The unit they have left is a 2 bedroom, 1 bath and is 600sf. It's priced at 226,000.  The dues are $120. (see the unit here) Home features include: Stainless … [Read more...]

1521 Second Avenue-April Sales & Promotion Update

1521.Condos

According to my source at Realogics/Sotheby's, 1521 second is now 70% sold and occupied.  This includes 4 sales in April and a number of other contracts in negotiation.  They are still running a program that includes a Smart ForTwo car with a purchase before April 30th.  (See here) Other notes: All remaining homes start at $1.1 million. New website  … [Read more...]

Escala Sales Picking Up Steam-FHA Approval Just Weeks Away

Escala

I spoke with Erik Mehr of Team Builder JLS yesterday regarding the progress at Escala Condominiums.  According to Mehr, they have successfully closed 6 sales since taking the project over.  They have over 40 pending sales and for those of you interested, you can follow their pending sales in the MLS.  They made a commitment to adding all their sales to the MLS last month. In … [Read more...]

Bravern To Lease South Tower

The Residences at the Bravern

Schnitzer West has just announced that they will be renting the South tower at the Bravern Residences in Bellevue.  This should not come as a surprise, given the market conditions and the current inventory levels in downtown Bellevue.  What is surprising is discreet manner in which Schnitzer has been operating.  The brokerage community has had no idea what direction the project … [Read more...]

Townhomes Can Be A Good Fit

Seattle-townhomes

I'm going to make an effort to highlight more townhomes on UCS.  They meet the needs of many Seattle home buyers.  In my experience, they always seem to be a perfect fit for someone that feels that  a condo is too small and a home may be too big or simply unaffordable.  Townhomes also are a good alternative for: Baby Boomers/downsizers Buyers wanting a yard More … [Read more...]