SLU Park Grand Opening - 03/31/08 04:03 PM
The first phase of the redevelopment of the South Lake Union Park is nearing completion and the folks at the Seattle Parks Foundation will be hosting a public Grand Opening celebration on April 30th from 11:00am – 1:00pm. The public is invited to experience this new public park on the shores … (0 comments)
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Sales Tax to Increase Again - 03/31/08 03:43 PM
Another year, another sales tax increase in King County. Last April 1st, the sales tax in King County increased a tenth of a percent to 8.9% to improve bus transportation services.
Effective tomorrow, April 1st, 2008, King County's sales tax will be going up another one-tenth of a percent to 9.0%. … (2 comments)
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New Affordable Condos Planned - 03/24/08 09:06 PM
HomeSight, a non-profit community development company, is breaking ground on a new condominium project in Seattle’s Rainier Valley neighborhood. The project is being built on city-owned surplus land intended for affordable workforce housing.
The six-story $32 million project will feature 17 live/work lofts and 85 condo units. Prices will start … (0 comments)
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Seattle Condo Tour 2008 - 03/24/08 08:58 PM
The Seattle Condo Tour is making another run this year. The tour, sponsored by Fisher Communications (aka KOMO TV and Radio), is also expanding to the Eastside.
The Seattle tour is slated for April 5th & 6th and begins at 10:00 AM at Fisher Plaza at 5th Avenue & Denny Way under … (0 comments)
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Get Green With Trees - 03/24/08 08:29 PM
Did you know the City of Seattle has a program to help "green" your neighborhood? As part of the city's matching fund program, the Tree Fund will provide neighborhoods with up to 40 trees to enhance the city's urban forest. In exchange, neighbors share the effort of planting and caring for … (0 comments)
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February 2008 Condo Update - 03/19/08 05:13 PM
February performance results exhibited the buoyancy of Seattle’s condo market. As we’d expect moving towards Spring the market is beginning to pickup with increases in the number of sales, closings and median price. Compared to January there was a 20.7% increase in the number of properties going under contract (pendings), a … (4 comments)
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New Construction Price Guarantees - 03/19/08 04:29 PM
The uncertainty of the condominium market has prompted two major projects to offer new buyers a pricing guarantee.
In Seattle, The Olive 8 / Hyatt Hotel project is ensuring that buyers in Seattle’s tallest residential tower receive the lowest price possible as the market continues to fluctuate by offering a price guarantee … (1 comments)
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The Rise of The Apartments - 03/19/08 04:20 PM
As downtown Seattle's condo boom becomes tempered from its peak due to rising inventory and economy woes, new apartment construction is on rise. More than 10 projects, many of which are luxury high-rises, are planned or are currently under construction in the city core.
The Olivian
Location: 8th & Olive Building: 27-story, … (1 comments)
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Downtown Seattle Condo Development Updates - 03/18/08 12:53 AM
Seneca Towers The DJC reported that Laconia Development (formerly Levin Menzies) plans to start work on Seneca Towers this summer and anticipates completion in the summer of 2010. Seneca Towers, located at 8th & Seneca, will consist of 294 units in two towers.
Icon Tower The other project Laconia is developing … (0 comments)
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Seattle Condos Win National Awards - 03/18/08 12:48 AM
The National Sales and Marketing Council announced its 2008 “The Nationals” Gold Award winners in 59 categories with Seattle projects among the winners. The awards honor new home sales and marketing homebuilders, developers, associates, and consultants. From among the 1,400 entries, Seattle winners were represented by Escala and Veer Lofts (Vulcan): … (0 comments)
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Hyatt Place Hotel (& Apartments) - 03/18/08 12:43 AM
When originally conceived, the project at 6th & Denny where Greg’s Japanese Auto used to be was going to be the newest addition to the hotel & condo hybrids popping up in the city. Instead, work is now progressing on a hotel & apartment project. The developer has opted to switch … (0 comments)
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More Condos at Green Lake - 03/18/08 12:38 AM
A couple of new condo developments are coming to Green Lake. With significant revitalization projects underway on the Northeast end of the lake, it’s good to see new developments on the West side. Information is sparse, and subject to change, but this is what I’ve been able to gather so far.
… (0 comments)
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2007 State of Downtown Report - 03/17/08 01:35 PM
The Downtown Seattle Association recently held its annual State of Downtown event providing an overview of downtown commerce, development and livability issues.
Here's a run down of downtown Seattle's housing highlights:
Approximately 13% of Seattle’s housing units, or 37,320 units, are located in the downtown area.The number of residents increased nominally … (0 comments)
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Washington State to Provide Foreclosure Counseling - 03/17/08 01:31 PM
Washington State Governor, Christine Gregoire, recently signed into law a $1.5 million bill that’ll provide counseling to at-risk homeowners.
The money will go to agencies that counsel people facing foreclosures, as the governor tries to curtail effects of the mortgage loan crisis hitting the nation and the state. The bill also … (1 comments)
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The New Ballard - The Apartment Scene - 03/17/08 01:28 PM
The past couple of years Ballard has been a buzz with new condominium and townhome developments as well as witnessing the loss of apartments to condo conversions. Over the next two years the Ballard landscape will continue to evolve with the return of new apartment developments in this once sleepy enclave.
… (0 comments)
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New Broker Licensing Requirements Passed - Washington - 03/17/08 01:21 PM
Last week the Washington State legislature overwhelming approved bill 2778 reforming the licensure of real estate agents. The bill now heads to the governor’s desk for signing. The bill, which strengthens consumer protections and professional accountability, received widespread support within the industry.
The core reforms include:
Elimination of the real estate … (2 comments)
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