local real estate news, statistics, and commentary without the sales spin.
Once in a while a really fancy, expensive home will hit the market, and instead of the usual location the listing will be marked as “Undisclosed Address.” This morning Curbed Seattle blogged about one such home: West Bellevue Modern With Personal Car Showroom Asks $4M Here’s the full listing on Redfin. Whenever I see “Undisclosed…
I have a couple of RSS feeds from real estate sites that I use to monitor listings that might be of interest to me. They are targeted at a couple of neighborhoods, and focused on homes that are likely to be mid-century modern. Over the past couple of weeks, I had noted that the volume…
Is this the first sign that downtown Bellevue has reached its condo saturation point? Seattle Times: Bellevue condo project, European Tower, put on hold The housing slowdown has claimed another local high-rise, high-end condo project. The developer of 16-story European Tower, a downtown Bellevue project whose design features just one unit on each floor, said…
Here’s another tidbit about commercial real estate in the Seattle area. Quite appropriately, the headline uses the word “gambling” to describe what’s going on with office buildings in Bellevue: Spec development, as in constructing an office building without pre-lease commitments on the gamble that it will attract tenants upon completion, is the new buzzword among…