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downtown seattle condos: Notable residential land use activity in Seattle's urban core - 02/09/10 04:55 PM
The following are upcoming land use review board meetings of new residential projects in the Seattle core districts, either planned as apartments or condos. Where applicable, I've noted existing condominiums located in the vicinity of the proposed structures.

2030 8th Avenue. 38-story 350-unit residential tower proposed in the Denny Triangle area. Located at 8th and Lenora, the building would be situated NW of the Cosmopolitan and SW of the 2200.
    Design Review Early Design Guidance Meeting     February 9, 2010 at 5:30 PM     Seattle City Hall     Download the design proposal workbook (12 MB PDF)
2nd & Pike Tower (1430 2nd Ave). … (1 comments)

downtown seattle condos: Seattle Condo 2009 Appreciation Rates - 02/06/10 02:26 PM
In 2009, the annualized citywide Seattle median condo price fell 10% from 2008 to $279,000. That’s a hefty decrease considering the citywide median value only dropped 0.9% between 2007 and 2008. Besides the overall economic conditions, other related factors contributing to declining values include the first-time home buyers tax credit, condo auctions and the proliferation of short sales and bank owned property sales.
Does this mean the average Seattle condo was worth 10% less in 2009 than in 2008? The simply answer is “no”. First, values vary widely by location. Each neighborhood has its own distinct market condition, and several neighborhoods … (0 comments)

downtown seattle condos: Downtown Seattle Condo Update - March 2008 - 04/19/08 04:44 PM
March 2008 exhibited a marked improvement for downtown Seattle condo values with the median price rising to $525,000, a 13.3% increase over the same period last year and a 39.6% jump over February.  
The good news in property values is tempered by a significant rise in the number of active listings to 343, a 51% increase compared to March 2007.   Although pending sales are down, the downtown area has the second lowest decline in pendings at -11%, while closed sales increased 25%.   The absorption rate now stands at 6 months.

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Ben Kakimoto - Seattle Condo Specialist

Seattle, WA

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Keller Williams Greater Seattle

Address: 1307 N 45th Street, Suite 300, Seattle, WA, 98103

Office Phone: (206) 295-4683

Cell Phone: (206) 295-4683

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Ben is a Seattle condominium specialist located in downtown Seattle and is the founder and author of the popular Seattle Condo Blog

Ben also maintains the Seattle real estate blog - Seattle Housing Buzz.

Ben specializes in urban Seattle real estate.



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