A reader emailed me an interesting little piece of marketing material from an 18-unit complex on the south side of Queen Anne. According to public records The Leona, which is being marketed by the ever-bullish Williams Marketing, has sold a whopping three of their eighteen units to date. Nine of the fifteen unsold units are…
Tag: anecdote
Queen Anne Condo Conversion Checkup: 2 Years Later
I was looking through some old posts on here and came across one from November 2006 by Synthetik titled God Save the Queen. In it, he linked to an Aubrey Cohen piece about a developer converting two apartment buildings on lower Queen Anne to condos. Let’s check in and see how those conversions are doing,…
Sign of the times
On my way home from coaching my soccer team yesterday evening I drove by a local credit union whose parking lot seems to be filling up not with customers per se, but with car repo’s. If you didn’t know better, it would look like a used car dealership. I’ve kept an eye on the lot…
Former WaMu Pres. Tries to Flip Mansion
Okay, I had this story emailed or IM’d to me by about half a dozen people over the weekend, so I guess I’d better at least mention it :^) Former WaMu president lists home for nearly 2x 2005 purchase price: Stephen Rotella, who was president and chief operating officer of Washington Mutual when it failed…
Today’s Slow Market “Is a Different Animal”
From an article on home staging in the Puget Sound Business Journal: For [Seattle home stager Jan] Sewell, who is also a Realtor with Windermere Real Estate and owner of her staging business since 1997, today’s market is unlike anything she has ever experienced. “I have been through a couple of slow markets in Seattle…