Tag: condos

Although the home market may be finally cooling around here, condo fever in downtown Bellevue and Seattle are just getting started, according to the King County Journal: Overwhelming demand for condominiums in downtown Bellevue has prompted one developer to hold a lottery to determine who gets first dibs on buying units ranging in price from…

Readers of this blog know that up-and-coming condos in Bellevue will cost $400k for 700ft², but what about up in Snohomish County? Well, your $400,000 won’t go much further, netting you a mere extra 100ft², and hopeful residents of Everett’s fancy new waterfront condos aren’t batting an eye. But last week, Olsen said the condominiums…

More downtown condo drama rises to the headlines… in Olympia. It’s pretty much the usual debate… cities want more condos, builders want lower fees, cities want more condos and more fees. OLYMPIA — A developer planning to build 100 condominiums downtown says city, school and development fees are too high and could kill the project….

With the real estate craze that we’ve been living through these past few years, I’m surprised someone hasn’t come along with this idea sooner—selling office space rather than renting it. When businesses are looking for space, they usually either lease it or buy a building. But two local developers are backing a different idea: the…

Roughly two weeks ago, the city of Seattle released news of a plan to Tax condos for “Affordable Housing”. Today news breaks of the developers firing back: Downtown Seattle condominium developers punched holes Wednesday in a City Council-sponsored study suggesting that they could pay more for affordable housing and still reap big profits from taller…