Here’s a minor roundup post for you, with a few stories from the last few days that are worth a brief mention: After selling just 17 out of 114 units, an in-progress condo complex near Seattle Center will instead be completed as “luxury apartments.” In recent months, developers have shelved plans to convert several Seattle…
Tag: Seattle_PI
King County Foreclosures Spike Up in November
Foreclosures in King County spiked upward significantly last month, according to the latest report. While the nation as a whole saw a notable drop in foreclosure filings last month, King County filings surged. The county had 767 filings in November, up 127 percent from October and 93 percent from November 2006, according to RealtyTrac, an…
Weekend Local News Roundup
Here’s a roundup of some local real estate stories that came out this weekend. The Times and the P-I give Redfin some free advertising by covering their list of Seven Tactics for Selling Your Home. According to the Times, local builder Quadrant Homes (owned by Weyerhaeuser) is impervious to the housing market slowdown. From the…
Condo Projects Repartmenting, Rental Vacancy Increasing
It looks like the picture for renters may not be quite as bleak as we have been led to believe in recent articles. Turns out that new apartments are being built, and even some condo projects are becoming apartments instead. Apartments have been the poor stepchild to condominium towers over the past few years in…
Mortgage Freeze Bla Bla Bla
A lot of people have emailed me and a lot of discussion has been going on in the forums and comments about the new mortgage freeze plan that is being announced today. Even Bill Virgin, one of Seattle Bubble’s favorite local editorialists has a column on the subject today: You were the careful, responsible sort…