Bellevue Towers Update, 45% Of Buyers Are All Cash

Bellevue Towers

We have new numbers coming in from Bellevue Towers 41 CLOSED 27 PENDING Total of 68 SOLD in 2011 11 offers currently in negotiation It appears that the recent price reductions are still meeting market demand. At this pace Bellevue Towers is selling 13 condos per month.  When I spoke to one of their representatives yesterday I learned that the 1 million dollar plus … [Read more...]

Thank You For Your Support

Mercer Island 2748 Exterior

Just a quick note to all our faithful UCS readers.  I want to thank all of you for your tremendous support of the blog and my real estate business.  I've been very fortunate this year.  The blog has seen a 300% increase in traffic since this time last year and my personal real estate business is at a career high in just 5 months. It couldn't happen without the loyal and … [Read more...]

Luxurious Seattle Super-Pad Is Back On The Market


Project: Millennium Tower Neighborhood: Downtown Seattle Check out this urban luxury super-pad at the Millennium Tower. It is a 4,600sf, 2-story condominium completed in 2006.  It features 3 bedrooms, 2+ baths, master suite, wine cellar, view balcony, storage and underground parking with 3 spaces. Floor-to-ceiling windows with panoramic views of the sound, the city and … [Read more...]

Downtown Seattle Rental Analysis


Are any of you as surprised as I am about the lack of condo rental inventory in Seattle?  I typically check the availability once a day.  Good units that are priced well rent very quickly. Just out of curiosity, I thought I would look into what the Downtown Seattle inventory looks like as of today. Before I get started, remember that rentals are not all listed in one place. … [Read more...]

Losing a Home to Another Buyer; The Story of a Seattle Real Estate Recovery


When a buyer loses "their" home to another buyer, the impact psychologically is significant.  I want to share a quick story on this exact topic. A great friend of mine from college reached out to me this morning in regards to his home search.  He is in his late 20's, a commercial real estate broker and was just recently married. For the last 2 years he and his wife have been … [Read more...]