Today’s flashback comes from… just over a year ago. July 2009: Photo by Flickr user paperjam At Olive 8 in downtown Seattle, county records indicate only 28 of 229 units have closed. But David Thyer, president of developer R.C. Hedreen, said his firm has no plans to cut prices. “We’re not inclined to discount the…
Tag: 2009
“A continuing, steepening decline in opportunities here in Seattle”
The Institute of Real Estate Management (IREM), whose primary focus is on the “multi-family and commercial real estate sectors”, held an “economic-forecasting event” on Friday, which both a P-I reporter and Matt at Urbnlivn wrote up reports on. Here’s an excerpt from the P-I’s story: Real estate a sore point in Seattle area economy “When…