Looks like the market for developers of multi-unit buildings in Tacoma is coming to a grinding halt, much like the area’s housing appreciation. After seemingly countless delays, extensions, redesigns, reconfigurations and rethinkings, a proposed boutique hotel on downtown Tacoma’s Foss Waterway faces a deadline Monday. The hotel’s Seattle developers must produce all the permits, designs…
Tag: condos
Condo Conversions and Increasing Density
There have been a few mildly-interesting articles in the last couple days on the subject of condo conversion projects and Seattle’s increasing density. Here are a few highlights. Aubrey Cohen updates us on the status of the proposal to condo-ify the Smith Tower: Owners of the Smith Tower have one of two key city approvals…
Downtown Condo Buyers to Solve Crime Problems?
Once in a while, you have to wonder why someone would be so excited to buy one of the many $500,000+ condos that are soon to spread over downtown like a tsunami. It certainly isn’t for a secure, friendly neighborhood environment… Sgt. Rich O’Neill, Seattle Police Officers’ Guild president, said officers aggressively policing the drug…
Reader Question: Rent Just Went Up
The following question was posted by “Newbie” in yesterday’s thread: I have been reading here for the past couple of months, my purpose being to understand if it is worth buying a house/townhome in seattle. Now, landlord just increased my rent by 15%. This is pushing me towards seriously considering buying. What do you suggest?…
Rent Vs. Purchase Comparisons
I’m working on a post that I’d like to make this week where some real-world examples of renting versus purchasing would be really handy. There’s a thread on the forums on the subject, but I’d like to pose the question here as well. Basically what I’m looking for are some concrete examples (with links and…