urbnlivn, a seattle condo & real estate blog

Decatur is declaring success on their phase 1 of sales saying “over a dozen homes sold last month!” and releasing 21 additional homes. They’re also FHA approved.
See their site for a new photo gallery of glossy photos.
Popularity: 9% [?]

Popularity: 9% [?]

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Over the weekend I got a press release from Realogics, Condo Bulk Buy Success – Sales Release Already Two-Thirds Sold.
They’ve sold 20 homes out of the initial 30-unit release at The Decatur and Eleven Eleven.
From the release:

Based on the 20 sales to date, Cunningham estimates buyers purchased at prices that were between 25 [...]

Popularity: 8% [?]

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Realizing this condo bulk buy idea is kinda confusing Realogics has put together a video answering the frequently asked questions:

Condo Bulk Buy from Northwest Public Relations on Vimeo.
Dean also emailed over the following:

I do recognize the bulk sales approach is a new concept for folks to wrap their minds around. It’s important to remember [...]

Popularity: 10% [?]

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Decatur on First Hill has been on the market for years and has only sold 83 of 146 homes. Today Realogics announces, Marketing Resumes at The Decatur Condominiums With Bulk Sales Strategy:

An award-winning project team led by Sandalwood Management is set to release the remaining 63 homes for sale in blocks that feature bulk prices [...]

Popularity: 7% [?]

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2200
25
Bellagio
Added 3 more units to the MLS for a total of 4. Their HOAs feel really low at $0.26/square foot.
Cosmo
28
Decatur
Decatur recently dropped prices on a number of units between $3k and $10k. Though oddly raised the price of #1306 $3k to $302,950 and #1007 $5k to $465,960

Equinox
Added 12 more units to the MLS for a [...]

Popularity: 48% [?]

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If condos are really in demand why all the incentives? From this Sunday’s Seattle Times.
Carbon 56: $5,600 buyer bonus
Decatur: $4,000 buyer bonus
Press: No HOA dues for 2 years
Queen Anne High: $10,000 buyer bonus on all homes
Tobira: $4,000 buyer bonus
Popularity: 35% [?]

Popularity: 35% [?]

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Matt: It seems as though there has been a turn around at the Decatur since our first reader report. Read on about how the situation has changed from a reader.
I closed on my unit in Decatur 32 days ago and am very pleased with my decision. Since Decatur and Wysong have previously received an [...]

Popularity: 12% [?]

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Matt: I had a reader e-mail me about the inspection they had done on their Decatur unit (Decatur is a conversion on Pioneer Square by the Wysong Group who has done the conversions for the Press, Tobira and Windsor Court. It certainly does not sound good. Are there any other Decatur readers here? What did [...]

Popularity: 10% [?]

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It’s been a while since I posted about the ads in the Sunday Seattle Times. Here’s a quick look at who’s advertising. You’ll notice only one Williams Marketing project on the list. Oddly last week the ran ads for Olive 8, Fini, Leona, 5th and Madison, Mosler, Meritage and Eastlake Lofts but this week they [...]

Popularity: 77% [?]

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I was unable to attend the Decatur opening event. I thought it was just a preview event but apparently they were writing up purchase and sale agreements. I hear from my spies that the place was packed, every one was elbow to elbow and that at least 26 PSAs were drawn up. I also hear [...]

Popularity: 11% [?]

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