Target Acquires Retail Space In Downtown Seattle

target-logo

Downtown Seattle just received a nice shot in arm.  The Seattle Times is reporting that Target Corp, the big box retailer has aquired a fantastic three story space in the Downtown Seattle corridor.  Considered by many as the West Edge, this 2nd and Pike location is a phenomenal space for the large retailer.   It will be at the base of the Newmark Condominium tower. It is … [Read more...]

Eastlake Townhome Back On The Market

UCSview11

You should read this if you like the following: 1.  Townhomes 2. Modern builds 3. The Eastlake Neighborhood 4. New Construction 5. Views of Lake Union, Downtown, Gasworks Park I wrote about these townhomes a few weeks back.  At the time, my clients had one of them of under contract.  Since then, they have closed and have been very happy since moving in.  Out of four … [Read more...]

A Nightmare Appraisal

Real.Estate.Appraisals

I'm looking for stories about appraisals gone wrong.  Have you ever had an appraisal flip your purchase upside down? One of my clients is experiencing a situation where the appraisal on her condo purchase came in 10% lower the contracted purchase price.  Meaning that the condo she is purchasing is being valued far less then what she has agreed to pay.  This is after we … [Read more...]

Visiting Veer Lofts

Veer Lofts.SouthLakeUnion

I'm headed down to Veer Lofts this morning.  After speaking with Dori Doble yesterday, I realized that they have just 5 units left.  I thought it might be interesting to write a post highlighting their remaining inventory in detail. For now, here is a look at their active inventory on the MLS: Have any UCS readers purchased at Veer?  How has your experience been at … [Read more...]

Current Inventory At Mosler Lofts

Mosler-Lofts-Belltown

I was doing some research this afternoon for a seller that owns a loft in the city.  In doing so, I realized that Mosler Lofts has 11 units for sale and 6 pending offers.  A total of 17 units that are currently active or under contract.  About 12% of the total building. … [Read more...]

Escala Reaches 65 Sales-38 Condos Closed

Escala | UrbanCondoSpaces

In a media release to the public on Wednesday, Escala announced that they have reached 65 sales.  Of those 65 sales, 38 condos have closed.  This is good news for a project that has 269 units to sell. The success can be attributed to a major shift in their sales and marketing.  In addition, some units were reduced by up to 50%.  Good luck to the sales team on their remaining … [Read more...]

USA Today | Seattle Is A Sound Investment For Second Homes

1521.Condos

Kim Sharpe Jones from Matrix posted this great article on their Facebook page today.  As seen in USA Today, Seattle was just featured as a "sound investment" for a second home purchase. I think the article does a phenomenal job summerizing the growth of Southlake Union and the upside to purchasing in such a dynamic city.  It highlights three major neighborhoods and does a … [Read more...]

I’m Back! (From Vacation)

chelsey's Wedding

I'm finally back from my trip!  In last 7 days,  I attended a wedding, spent time with my family on a annual vacation, and recharged my batteries for a productive second half of the year.  I'm excited to get back to the blog.  Thank you for all your support in my absence. A special thank you to those that sent referrals while I was away.  It is such a compliment to have … [Read more...]

I’m On Vacation :-)

View.Rainbow

Thank you for your continued interest with the blog.  I will be away on vacation with my family until later this week.  I wish I could post while I'm away, but unfortunately I will not have service.  Enjoy the rest of the weekend!  Talk to you again on Friday the 23rd! … [Read more...]

Incredible Buy At The Cosmopolitan

The Cosmopolitan

I work with an investment team that specializes in buying foreclosure properties at a discount.  On a weekly basis they will call me and check in to make sure their investors are purchasing their condos at a price that can be re-sold on the market place.  Just yesterday, I caught word of 2801 at the Cosmo going to auction.  It was purchased today at over half of what it was … [Read more...]

Just Sold | Eastlake Townhome

view12

UCS just Sold this property in the Eastlake neighborhood of Seattle.  This is something we do for our clients each time we list or sell their home.  I thought it might be interesting for you to see one.  If you are interested in receiving our "Just Listed" or "Just Sold" e-blasts you can sign up here: Just Sold 2353 Yale Ave Successfully Negotiated $44,000 More Then A … [Read more...]

Olive 8 Condos

Olive 8 Exterior

DESCRIPTION Olive 8 is Seattle’s first LEED Certified Silver hotel/condominium building.  Hyatt at Olive 8 occupies the first 17 floors with another 22 floors of luxury condominiums above.  There are 229 condominium homes including one-bedroom, two bedrooms and 3 luxurious penthouses.  In total, the condominiums are 22 floors of the building.  As a homeowner, Olive 8 has … [Read more...]