Another great story in the Seattle Times today by Eric Pryne: Bellevue Towers, other new condo projects cutting prices The developer of the region’s tallest luxury condo towers says it’s cutting prices an average of 20 percent in hopes of kick-starting sales. Only 43 of the 539 units at Bellevue Towers in downtown Bellevue have…
Author: The Tim
Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.
Seattle-Area Housing Oversupply Still Increasing
One set of data we like to check in on occasionally is the big picture of local housing supply and demand, measured by comparing the total number of housing units to the total number of households. You may recall the last time we checked in on this data back in March: Local Housing Oversupply Could…
Monday Open Thread (2009-07-13)
Here is your open thread for Monday July 13th, 2009. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in the user-driven…
Poll: Will Boeing (mostly) leave the Puget Sound region by 2030?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 07.18.2009.
Lumen Condo Results Roundup
The Lumen Condos auction was held today. 19 units were being advertised, but only 16 were auctioned off. Coverage of the event is plentiful, so rather than rehashing, I’m just going to provide a few links: Findwell: Lumen Condos Sell Out at Auction BizTalk (PSBJ): Lumen condos sell at auction Urbnlivn: Lumen Auction Results +…