Seattle & Bellevue Condo Median Price vs. Inventory

Seattle_Condo_Price_Vs_Inventory

Here is a current look at the state of the condo market in Seattle and Bellevue.  It should not surprise anyone to see that prices have fallen as far as they have.  What is interesting, however, is the decrease in inventory.  Some of it can be explained as seasonal, but it also shows a market on the mend.  December was an unexpectedly good month for housing.  Will it … [Read more...]

Remarkable Unit At Cristalla Once Listed at $2,095,000 Now $1,395,000

Cristalla_1909_Living

Project:  Cristalla Neighborhood: Downtown This phenomenal west facing unit at Cristalla Condominiums was once listed at $2,095,000 in 2007.  Now listed at $1,395,000 it offers remarkable views, great updating and a spacious interior.  This 19th floor unit features scandinavian birch floors, 17th century acid etched steel frame doors, honed absolute black granite and views … [Read more...]

Just Sold At The Vine

Panorama Downtown

JUST SOLD Vine Condos Unit #902 $335,000 MLS# 80616 Neighborhood: Belltown Our team successfully negotiated a $140,000 reduction with the bank 1 Bedroom + Den | 2 Bath 1,025 Square Feet Big Southwest Facing Views of Downtown, the Sound, Mountains and More! Spacious Design, Beautiful Cabinets, Large Kitchen, 5 Piece Bath, Big Windows and Private Deck with HUGE … [Read more...]

1 Bedroom Condos At Lumen & Cristalla Headed to Foreclosure

Cristalla.Ext

This year, one of my goals is to keep you all a bit more informed with the foreclosure market. Going to auction tomorrow (Jan 28th) is a one bedroom at Lumen and a 1 bedroom at Cristalla on the 9th floor. I'll be rolling out a specific mailing list feature soon.  Until, then if you would like to learn more about how to buy a foreclosure contact us! Here is a quick … [Read more...]

Seattle Council Re-Thinks Its Parking Hikes

Parking_Seattle

One of the most heated debates in Seattle is over an increase in parking rates. During a quick trip to my coffee shop this morning, I noticed the article by Lynn Thompson titled "Council to reconsider Seattle parking Rates" (shown above).  In my opinion it comes as no surprise that it would create a backlash amongst small business owners and local residents. In the … [Read more...]

Gallery Condo Auction Press Release

Gallery_Auction

Gallery is having their second condo auction.  If you remember, they had a highly publicized auction back in September of 2009. Quick Facts: Minimum bids start at $175,000 & $295,000 Auction Date March 5th Grand Hyatt Seattle 25 units (open one bedrooms) Click here to view active listings at Gallery Click here to review the sold listings at … [Read more...]

A Day In The Life Of Tim Lincecum At Escala Condominiums In Seattle

Tim_Lincecum_Buys_In_Seattle

Remember this post from December? Major League Baseball Player Buys Condo At Escala UrbanCondoSpaces.com broke the story first and in an effort to protect his privacy, we withheld certain information.  With that being said, this young up-and-comer just invited the CSN network of San Francisco to see what life is like in his brand new condominium.  Seeing as though he invited … [Read more...]

Discovering South Lake Union

South Lake Union Transit

You might be wondering what the deal is with this picture. I'm sitting at the Starbucks at 2200 Westlake in South Lake Union.  Over the last 2 years it has become one of my favorite locations to work when I'm in-between appointments.  It is not the space as much as it is the location.  I love SLU.  It grows on me daily because I feel that I have bought into the … [Read more...]

My Office Presentation, Seattle and Bellevue Condo Markets

Downtown_Seattle_ Inventory

Sorry for falling off the map the last few days.  I had a really busy weekend and couldn't get around to post. Part of what kept me busy this weekend was a invitation to present at my office meeting on Monday morning.  In a nut shell, I was asked to address the current inventory levels of the Seattle and Bellevue new construction markets.  This is obviously something I spend … [Read more...]

Questions and Answers From Chris Pardo of PB Elemental

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Most of us have seen their work.  PB Elemental, founded in 2004, have simply been a staple in Seattle modern architecture and development for the last 6 years. I admire their work, social strategy and their vision for the future.  When I called Chris Pardo (co-founder) about a question and answer series he immediately obliged.  I was thrilled to get started.  The purpose is to … [Read more...]

Volta Condominiums At Risk Of Foreclosure Auction

Alex Condos

In news just released this morning, courtesy of Lynn Porter at the DJC, Volta condominiums is set to go auction in March unless conditions are met. Volta, foremly known as Alex has been an interesting project to follow.  Back in 2007 Saltaire construction started work on the mid-rise Belltown project. Sales were set to begin in spring of 2008, but since then the projects … [Read more...]

Penthouse 3 At Olive 8

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Project: Olive 8 Neighborhood: Downtown In the final day of our Olive 8 penthouse series, we are highlighting “penthouse three”.  Read below for more details: PENTHOUSE THREE 2 bedrooms plus den 2.5 bathrooms 2,835sf (2,317 interior & 518 exterior) 39th Floor Southeast views. PRICING Previous Pricing ($3,050,000) Current Pricing ($2,450,000) … [Read more...]

Olive 8, Penthouse Two

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In the second day of our Olive 8 penthouse series, we have highlighted "penthouse two".  Read below for more details and enjoy the pictures! PENTHOUSE TWO 2 bedrooms plus den 2.5 bathrooms 2,753sf (2,242 interior & 529 exterior) 39th Floor Northeast views. PRICING Previous Pricing ($3,150,000) Current Pricing ($2,595,000) Percentage Change … [Read more...]

The Olive 8 Penthouse Series; Pictures & Pricing

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As many of you know, Olive 8 has "reset" its approach for 2011.  They have pro-actively addressed their marketing, pricing and selling. At this point, many of us have already analyzed the new price changes (see here), but I think you will also enjoy viewing the penthouse options if you have not seen them already.  I love touring the penthouse units. They have the best views, … [Read more...]

One Lincoln Tower Penthouse, Sold In 3 Days

One_Lincoln_Tower_Kitchen_To_Living

Remember this penthouse from a few days ago?  Listed at $1,500,000, it sold in just 3 days.  This did not surprise me.  One Lincoln Tower has had a great reputation in Bellevue and there are only so many penthouse units to go around.  Since being built in 2005, it has been a staple of high-rise living in Downtown Bellevue. Quick Facts | One Lincoln Tower: Hotel … [Read more...]