Did anyone see the recent newsletter from Bellevue Towers? If not, I thought I would summarize it for you.
In a nutshell:
- They centered the attention on the recent change at the Bravern (my post, Seattle Times and The Press Release)
- With the Bravern converting their north tower to apartments, it is their estimation that the Bellevue market inventory has been reduced by a third (1/3).
- They made a point to show confidence in their position in the Bellevue condo market.
- They feel that Bellevue Towers has the “best value” luxury homes in the region.
- They acknowledged that while many projects are renting a portion of their inventory, Bellevue Towers will “continue” their commitment to sales.
For the last 12-18 months, in regards to market confidence, most of us would agree that the condo market (“the inventory”) sends one message and the buyers/readers (“the demand”) believes a little something different. So my question for you is this; what do you believe?
Do you feel that Bellevue Towers has a product offering that is second to none? Is it better than Washington Square, One Main Street or any of the other Bellevue re-sales? Do you believe with less than a 20% of their inventory officially closed that Bellevue Towers will continue “only” selling their condo inventory for the next 3-4 years?
THE BRAVERN
Other Bellevue (new construction) Condo Projects:
WASHINGTON SQUARE
ONE MAIN STREET
