Oh. My. Goodness. Remember this? 13425 Avondale Rd NE, Woodinville May 2006: $1,625,000 (Asking) August 2006: $1,495,000 (Asking) October 2006: $1,275,000 (Asking) November 2006: $1,275,000 (Asking – New Brokerage) January 2007: $1,275,000 (Relisted) February 2007: $1,275,000 (sold—finally) You thought it was over, but oh no. It is not. December 2007: $1,650,000 (Flipping?!?) I kid you…
The Human Side of a Condo Conversion
This post is different from the usual fare here, but I think it’s worth taking some time on. I ran across this post in my news alerts. It’s a look at the human consequences that result when affordable apartments are converted into upscale condos. I was very surprised at the time that I first wrote…
Welcome 710 KIRO Listeners
If you’re viewing Seattle Bubble for the first time today because you heard me, Tim Ellis, on 710 KIRO, I’d like to welcome you. Be sure to check out the about page and some of the links on the right under “Read These.” Feel free to jump into the discussion on the posts here on…
Reader Question: Are Seattle home purchasers crazy?
Here’s an email I got from someone named Andy: I am in the process of relocating to the Seattle area from the Midwest and have been monitoring your blog in an attempt to get some insight into the local real estate scene. First, thank you for your highly interesting and informative blog. Knowledge is power…
Condo Projects Repartmenting, Rental Vacancy Increasing
It looks like the picture for renters may not be quite as bleak as we have been led to believe in recent articles. Turns out that new apartments are being built, and even some condo projects are becoming apartments instead. Apartments have been the poor stepchild to condominium towers over the past few years in…