This poll was active 06.10.2012 through 06.16.2012
Tag: condos
Downtown Condos: Middle Class Need Not Apply
Here’s a detail in today’s Seattle Times article about Insignia—the first new construction condo project to break ground in five years—that caught my attention: While condo prices at Insignia haven’t been set, Bosa said, “they’ll be more than you can buy anything [downtown] for now.” More than anything that’s for sale right now? Yikes. One…
Top Floor Unit at 1521 Sells for 27% Off 2009 Price
The crazy-luxury condo building at 1521 2nd Avenue—where the starting price is $1 million—is described on their website as follows: It is the West Coast’s most successful condominium high-rise community with established market values. In light of the “established market values” comment, I find it interesting to note (hat tip to WestSideBilly) that Unit 3802,…
Smith Tower Foreclosed
In case you missed it Friday, the Smith Tower was sold (back to the bank) at foreclosure auction. Here’s KING 5’s report: Historic Smith Tower sold for $36.9 million That’s what happens when you make a big public announcement about intentions to convert to condos, scaring away all your good tenants, then fail to follow…
Friday Flashback: Condos “providing a ray of sunshine”
Yesterday’s post about Alaska Air’s condo-booster “article” reminded me of this 2007 piece in the Seattle Times: Condos a bright spot in housing market The condo market is healthier than the detached-house market, and prices are holding their own. Those are the key findings from an analysis released Friday of the Seattle-area condominium market by…