urbnlivn, a seattle condo & real estate blog

Realogics Sotheby’s International Realty is taking over sales for the remaining 100 units at Hjarta in Ballard and Florera in Greenlake. If you’ll remember the developer Pryde + Johnson switched from selling units at these two buildings to leasing them. The press release below indicates this was part of a debt restructuring in 2009. Sounds [...]

Popularity: 6% [?]

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Update from Canal:

Canal Station North continues to have great sales success. We had 12 sales in the month of October alone! With over 85% of our homes sold and occupied you can rest assured you are buying into one of the most successful condominium communities in Seattle.
Here’s a sample of the amazing value you’ll find [...]

Popularity: 8% [?]

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Ballard’s Canal project made my smile recently:

NO AUCTION NEEDED!
Dear Mr. Goyer,
Come to Canal Station and experience a calm buying environment unlike the chaotic auction frenzy of other condominium communities in Seattle. We’ve been selling steadily with over 80% of our homes sold and occupied; therefore not needing to resort to auctions to sell our homes. [...]

Popularity: 6% [?]

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Those in Ballard might find this stop motion video of the Hjarta construction interesting:

Popularity: 9% [?]

Popularity: 9% [?]

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There’s a few interesting condo discussions on the Redfin Forums.
First up is, how much would your offer be for condos just under 400k?
One of our agents has this to say:

The condo market is definitely soft in these neighborhoods, and I am finding developers being negotiable; however many seem to only be coming down about 4%-8% [...]

Popularity: 16% [?]

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Last night I looked through the probably hundred or so condos that came on the market in the last two weeks. Nothing really new or exciting. Most looked to be ones that went off the market just before Christmas. The rest were from developments like Trace and Brix putting more inventory in the MLS. And [...]

Popularity: 37% [?]

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EconE points out that Maris condos is trying to rent their unsold inventory on Craigslist:

Of the 10 units they’ve sold 4.
Popularity: 12% [?]

Popularity: 12% [?]

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Better hurry Canal is either raising or lowering prices. It’s unclear. What is clear is that you can get in BEFORE THE PUBLIC FINDS OUT.

As a VIP of Canal Station, we wanted you to know about (and have a chance to get in) prior to going public with incredible new pricing on select homes [...]

Popularity: 13% [?]

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You’re probably wondering when I’ll stop posting these lame link round ups. Me too.
Seattle PI has a story with a great headline, Instead of condos, Queen Anne gets cars. Yes, that’s right, we can’t afford condos any more but we can afford luxury cars? Makes perfect sense. The article does mention some inventory numbers:

Among [...]

Popularity: 13% [?]

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Before taking off for the long weekend I missed this PSBJ article on condo incentives, Seattle condo developers try luring buyers with discounts, vacations and cars:

“There has definitely been a slowdown in condo sales at all projects in Seattle,” said Mason Curran, who declined to release Vulcan’s pre-sale figures.

Their pre-sale figures as of beginning of [...]

Popularity: 43% [?]

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