Here are a few relevant news stories that have popped into my inbox in the last few days: Associated Press: Wash. revenue down, but recession may be softening Seattle P-I: Housing recovery depends on jobs, banker says Associated Press: Wash. unemployment rate stayed same in April Tacoma News-Tribune: Turning little boxes into living space Everett…
Tag: condos
Walking Away at Olive8
We made a passing mention of Olive8 pre-sale buyers walking away from their deposits in the condo sales status project post (which is still being compiled, by the way), and a week or so ago the Seattle Times posted a story about buyers at Olive8 and elsewhere walking away. On Saturday local entrepreneur Andy Liu…
Vulcan’s Rollin Street Flats to Convert to Apartments
I received an email tip from a reader that Vulcan’s Rollin Street Flats, a 197-unit condo building in South Lake Union is officially going apartment. Just four days ago, the Seattle Times reported that Vulcan had “pushed back the start of closings on its nearly finished Rollin Street Flats project.” An email being sent to…
Williams Marketing Finally Getting Realistic About the Condo Market
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…
Seattle Times Really Wants You to Buy a House (or a Condo)
Is it just me, or has Seattle’s only remaining daily newspaper become even more of a blatant real estate advertisement since the P-I folded? Even without a dedicated real estate writer, they have managed to pump out two thinly-veiled real estate promotional pieces in less than a week. This weekend we’ve got First-time buyers benefit…