Here’s an interesting flipping strategy that I haven’t seen before… On Monday I walked by a home 10th Ave East up on Capitol Hill. Here’s what it looked like a while back, via Google Street View: And here’s what it looks like now: The home sold last June for $826,000. So what are the new…
Tag: developers
“A good lifestyle and a sense of happiness…”
Here’s a bit of marketing print from 2007… Housing developments in the shadow of the Cascade Mountains are hardly anything new in the Northwest. And sure, increasing numbers of home builders are incorporating at least a few green practices in their craft. But how about a major development that holistically considers not only environmentally sensitive…
More on the Possible Mastro Bankruptcy
Kristen Grind over at the Puget Sound Business Journal had another great article about the unfolding mess with local developer Mike Mastro: Rival banks battle over Mastro bankruptcy A legal battle between rival creditor banks over developer Michael Mastro Sr.’s real estate holdings is breaking out in federal bankruptcy court — a dispute that affects…
Poll: Which is likely to generate the strongest downward pressure on Seattle-area home prices going forward?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 08.01.2009.
Northshore Townhomes: A Case Study in Bubble Mania Development
Regular readers may recall past mentions on these pages of Northshore Townhomes, an 86-unit townhome complex in my north Kenmore neighborhood. The story of Northshore Townhomes is a classic tale of bubble mania. The 6-acre parcel was purchased in 2002 for $1 million by well-known local developer Mike Mastro (via an LLC), but development did…