5 Tips For Buying Condos In A Down Market

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In my opinion, buying a condo in a depressed market is an opportunity of a lifetime. Follow these 5 simple tips to ensure you make the best decision when buying your future condo: NEIGHBORHOOD FIRST Everyone has heard it before; Location, location, location.  It is important.  In fact, choosing the best neighborhood for your lifestyle now, and what it might look like in … [Read more...]

Shrinking Inventory In Seattle?

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See the chart below.  Clearly, condo inventory in Seattle is shrinking as prices continue to fall.  The question is, what is the biggest contributor? More sales? Short Sales that are currently under contract? Home owners simply "staying" where they are and pulling their homes off the market? What are you thoughts? … [Read more...]

New Sales Team Announced For Olive 8

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See below for a press release announcing the newest change at Olive 8.  Realogics/Sotheby's will be selling the remaining inventory.  A big congratulations to Dean Jones for earning the business. I'm still in Mexico enjoying time with my family, so I will share more of the details soon. RSIR Media Release - Olive 8 _December 24, 2010_ … [Read more...]

Happy Holidays!

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I thought I would leave just a quick note to wish everyone a very Merry Christmas. I'm both honored and privileged to be in Mazatlan Mexico to celebrate the wedding of my younger brother Scott.  Being here makes me feel incredibly thankful.  I'd also like to thank all of you for your continued support of the blog.  I remain dedicated in helping all of you learn more about … [Read more...]

One Bedroom + Den Penthouse At The Vine

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' I noticed this one bedroom + den penthouse at the Vine this morning and thought a few of you may be interested.  Once listed as high as $479,500 this 809sf condo is priced pretty well at $317,000 (391psf).  It is pictured well and has a great view.  If I bought it, I might replace the carpets with hardwoods, but that is about it. View other active listings at the … [Read more...]

Before and After Pictures, Greenlake Kitchen Remodel

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A few days ago, we put this great unit at Ravenna Cottages on the market in Greenlake.  Before going on the market there were 3 weeks of preparation.  This has been a fun project for me as I volunteered to help the owners with the re-model.  Here is a list of what was done: Brand new GE stainless appliances Walls were bleached, primed and prepped Interior painting and … [Read more...]

Bank Owned, Concord 1 Bedroom

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Bank owned condos continue to hit the market in downtown Seattle. A one bedroom at the Concord just hit the market on Friday (see here).  It's only 595sf, but the Concord has been a staple of the Belltown neighborhood since being built in 1999.  It's on the 12th floor with city views.  At the current asking price of $243,500, the cost per square foot would be $409.  If one … [Read more...]

Just Listed In Greenlake | Ravenna Cottages

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JUST LISTED 6318 5th Ave NE #D Greenlake |  Seattle Asking Price $384,900 6318 5th Ave NE, #D Seattle, Wa 98115 2 Bed | 1 Bath 973 Square Feet 2 bed, 1 bath, 2 story loft, with brand new appliances! Updated just days ago w/brand new stainless appliances, paint, lighting & more! End-unit that stands alone in this quaint gated community (Ravenna Cottages) just … [Read more...]

Let There Be Light; In Your Condo

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One of the biggest complaints I get from prospective condo/loft buyers is that a unit does not have enough light.  Living in Seattle, proper lighting is important.  With a fair amount of grey skies throughout the year, we need to do everything we can to illuminate our living space. My wife and I are actually adding light to our condo as we speak.  We decided on more recessed … [Read more...]

2200 Westlake Rentals For Less Than $2,000

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Project: 2200 Westlake Neighborhood: South Lake Union For those of you interested in 2200 Westlake, there are (2) two units available for less than $2,000 per month.  1504 is located in the Pan Pacific or North Tower.  It just hit the market today for $1,895 per month. Unit #S503 is 858sf.  A corner unit with good views and a wrap around deck. Quick Facts … [Read more...]

Escala Sales Update & Seattle’s Limited Inventory of New Condos

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Evidently, quite a few of you are interested in the sales progress at Escala.  Since posting this piece (MLB Pitcher Purchases Escala 3 Bedroom) last week, many of you have reached out about the number of units sold.  Well, ask and you shall receive: There have been 83 sales of which 63 have closed. Only 5 were sold before 3/27/10 when Teambuilder-JLS took over.  According … [Read more...]

Just Leased In 8 Days on Capitol Hill

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For any of you looking to lease your condo, I sensing that the demand for quality condos is up.  I just successfully leased this 3 bedroom condo in Capitol Hill in just 8 days.  I showed it 12 times in 6 days.  We also had a few brokers bring prospective tenants through as well.   What I found interesting was the general disappointment of what is currently on the market.  Many … [Read more...]

Danielle Condos

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Project:  The Danielle Neighborhood:  Ballard The Danielle is located in the heart of Ballard at 5803 24th Ave NW. Danielle is a 6 story, 31 unit building with multiple floor plans.  Options include open-one beds, one-bedrooms, two-bedrooms and penthouse units. Homes range in size from 580sf to 1200sf +.  Many of the homes offer private decks and an occasional … [Read more...]

Open House For A Multi-Level $1,750,000 Unit at Millennium Tower

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Have you heard of Millennium Tower? Its located at 715 Second Ave.  With just 19 units, it is a pretty incredible project.  Built in 2000, it stands 2o stories and the homes range from 2,300 to 10,000sf.  Unit #1506 that was once listed at $3,000,000 dollars is back on the market for $1,750,000.  This home is going to be held open to the public on Sunday between … [Read more...]

Two Units Purchased At Olive 8 Auction Are Now Rentals

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Two units purchased at the Olive 8 Auction are now being rented.  Both 2504 and 2604 are on the market for $2,000 (See Here).  Both units are owned by the same individual.  I toured these units and although they are a bit small, the views are incredible from the 25 & 26th floor.  For anyone looking to rent in the city, these are a great opportunity.  Renters have the same … [Read more...]