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…
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…
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 +…
Announcement: Site Migration This Weekend
FYI, I will be migrating the website to a new host this weekend. During the migration I will likely disable comments to avoid anything being posted and lost during the transition. Hopefully things should be fully operational again by the end of Saturday with minimal disruption, but be aware that it may take some time…