Archives for January 2011

Help an Urbnlivn Reader Find an Apartment

The rental market must be heating up as this is the second request we’ve received in two weeks asking for help in locating a cool apartment. This request comes from a reader in Amsterdam: Do you reckon we can find something under $2000 a month that actually has some character or are we being too… Read More

Interesting Sales This Week

In the past week, Seattle has seen 28 sales in the condo and townhouse market. Besides two more sales at the Escala (that may or may not have been encouraged by the video tours of a baseball star’s Escala condo), following are a couple of note. After the threat of foreclosure in May 2010 and… Read More

Open Houses This Weekend

Looking for a top floor, corner unit on Capitol Hill? Then there’s an open house for you this weekend. If not, maybe you’ll find just the condo or townhouse you are looking for in the 123 open houses happening this weekend. 1420 E Pine St #E708 Sunday, 1-4PM Built in 2005, this 1 bedroom, 1… Read More

VOLTA Project in Belltown Headed to Auction

Ben from Seattle Condos and Lofts tweeted that VOLTA condos in Belltown, formerly known as the Alex, is in default and headed to auction: Notice of Trustee’s sale issued, auction on 3/18/11. The developer defaulted on $1,488,325. I toured this project last March, its got potential! However, given the market I bet we see this… Read More

Video Tour of Baseball Star’s Escala Condo

Who is buying all those million dollar condos in Seattle? One buyer is 26 year old Tim Lincecum, pitcher for the San Francisco Giants who recently bought at Escala after touring 20-25 other places. Having banked $9 million in 2010 guess the price tag was no problem. And while he does have good taste in… Read More

Gallery Auctioning Remaining Condos March 5th

Gallery is having their second auction on March 5th. Full details in their press release: ACCELERATED MARKETING PARTNERS 156 Diablo Road – Suite 300 Danville, CA 94526 925-362-1442 AUCTION SITE GOES LIVE AT 3 PM TODAY! Gallery Condominium Launches Final Close-out With Auction Sale Event March 5th Minimum bids between $175,000 and $295,000 represent… Read More

Curbed Coming to Seattle

Seattle, the city with more condo blogs per condo building than anywhere else*, and almost as many ‘hood blogs as neighborhoods* is finally getting our very own Curbed Seattle: At present, we’re hiring an editor for the forthcoming Curbed Seattle, which means now is the time for editors who will make the magic happen to… Read More

Open Houses This Weekend

This weekend there are 128 open houses for condos and townhouses in Seattle – a majority of which are multiple units in larger developments that are languishing on the listings. However, there are a couple bright spots of new(ish) construction that have been listed in the past week that you should go see. 1541 NW… Read More

Interesting Sales This Week

Condos and townhouses continue to move as Redfin reports 13 sales in the past week and 149 sales in the past month. Here are a few of note: Urbnlivn has long been a fan of Monique Lofts, so it is with a tear in our eye and a smile on our face that we note… Read More

Help a Reader Find a Cap Hill Apartment

An Urbnlivn reader is looking to move to the Hill and needs some help finding the perfect apartment: Essentials: Under $1,500; 2 bedrooms; wood floors, either vintage or modern feel (but not 1970s); timeline to move is end of Feb. Non-Essentials: Close to 15th would be awesome (because of parking), but we know beggars can’t… Read More

Open Houses This Weekend

There are not many condo or townhouse open houses this weekend; however, you might want to make a point to go see a couple of the newer listings with open houses. 3104 Western Ave #320 Sunday, 2-4PM Built in 2008, this 2 bedroom, 2 bath condo still looks like new, especially the gorgeous wood floors… Read More

When Will Olive 8 Sell Out?

I’m guessing three to four years. We’ll have a better sense of how quickly they sell once we can watch a few months of sales at the reset price and use that as a projection for sales velocity. The developer seems to be counting on three years because that is how long they’re construction loan… Read More

Olive 8 Pricing – Reduced By An Average Of 18%

This weekend Olive 8 announced their revised pricing now that they’ve “reset”. Dropping into Excel we calculated the dollars per square foot: Open 1 Bd – $558/sf to $572/sf 1 Bd/1.5 Ba – $476/sf to $625/sf 1 Bd/1 Ba – $588/sf to $675 2 Bds – $593/sf to $1167 A quick glance at the Olive… Read More

Open Houses this Weekend

The new year (finally) starts off right with a number of open houses this weekend – such an improvement from the dismal 8 of last weekend. 750 Belmont Ave E #3 Sunday, 1-4PM I’ll admit it – the castle door of this Capitol Hill condo caught my eye. This building has some great period details… Read More

Top Urbnlivn Posts of 2010

Here’s a quick look back at the top posts of 2010. And yes, I’m totally baffled about #1: Lots of Lofts for Rent Olive 8 Condo Auction Results – 32 units for $13.3m 5th and Madison Auction Results Hjarta and Florera to Sell at 35% Off Big Shakeup At Escala A Visit to the Firehouse… Read More

Help With Minor Condo Remodeling

An Urbnlivn reader is looking at doing some light remodeling and was wondering if we could help out with suggestions: I’m considering the following for my condo: -Replacing the carpet with heated flooring -Redesigning the closet space -Installing lighting (my bedroom has no lighting installed – just a switch that activates an outlet) Do you… Read More

Penthouse at Monique Loft

As we hinted last week on Twitter, unit #405 at Monique Lofts, is now for sale. #405 is a 934 square foot unit, 1 bed, 1 bath, 20′ ceilings, corner unit, views of Rainier, and a catwalk! Definitely a very unique place. A little pricey at $499k though. I swear I’ve been in this unit… Read More

Olive 8 Reset Video

The Olive 8 team has posted a video to their site: Author and syndicated columnist Tom Kelly examines the market for new condominiums in downtown Seattle focusing on Olive 8, an R.C. Hedreen Company development. As Kelly explains, Olive 8 was completed during a very difficult housing cycle. Following an auction in 2010 when all… Read More