Downtown Condos: Middle Class Need Not Apply

Here’s a detail in today’s Seattle Times article about Insignia—the first new construction condo project to break ground in five years—that caught my attention: While condo prices at Insignia haven’t been set, Bosa said, “they’ll be more than you can buy anything [downtown] for now.” More than anything that’s for sale right now? Yikes. One […]

Top Floor Unit at 1521 Sells for 27% Off 2009 Price

The crazy-luxury condo building at 1521 2nd Avenue—where the starting price is $1 million—is described on their website as follows: It is the West Coast’s most successful condominium high-rise community with established market values. In light of the “established market values” comment, I find it interesting to note (hat tip to WestSideBilly) that Unit 3802, […]