urbnlivn, a seattle condo & real estate blog

Domaine Foreclosure
The Daily Journal of Commerce has the news that, Trustee’s sale is set for Intracorp condo project. That project is Domaine.
Looks like Ben has a subscription and has the full details in, Domaine development to be auctioned:

The article states a limited liability company affiliated with Intracorp is in default on a $22.51 million [...]

Popularity: 21% [?]

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1310 E Union
#202 is down to $800,000.
2200
Someone sent me a photo of a notice of default for a 2200 unit.
Belltown Lofts
Need a 790 square foot modern space with commercial kitchen? Check out 66 Bell St #4 for $300,000.

Avalon
Need a cozy small space in Lower Queen Anne? Check out 22 John [...]

Popularity: 44% [?]

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2200 Loft
Looking for a loft-y unit in South Lake Union? 900 Lenora St #W102 is apparently very different from it’s neighbors:

This is not your ordinary cookie cutter condo! More than $50,000 in custom upgrades. Modern unit has 15′ ceilings, loft style bedroom, excellent light and open feel. Custom features include: 36′ pro range, A/V wiring [...]

Popularity: 23% [?]

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The Seattle PI has a full page, above the fold, lengthy story on the danger of increasing condo dues for new construction projects. I guess people are tired of reading about the election and the bailout.

After moving into the building and forming their own homeowner association two years ago, 2200 residents were faced with [...]

Popularity: 21% [?]

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Reuters, No housing woes in booming Washington state (via Fast Times):

Lori Mason Curran, market research manager at Vulcan Real Estate, expects 135,000 people will move into the Seattle market over the next five years, propelling demand for housing that Vulcan’s property unit is building in South Lake Union.

I guess I should hang onto my west [...]

Popularity: 10% [?]

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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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This was just going to be a bonus link but I thought it was a good opportunity to check in on our favorite flipper condos…
First the link: Forbes, Best Places To Flip A Home:

However, those looking to make a quick buck may do so in a number of markets ripe for a well-spotted flip.
Best among [...]

Popularity: 14% [?]

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Sorry for the slow posting, work is killing me.
2200 vs. Cosmo
36 vs. 65.
It’s also interesting to note that there are 4 new listings at 2200 listed by John L Scott’s Jon Hunter who is working for Vulcan on Enso/Rollin/Veer. The listings all look curiously the same. Are these Vulcan owned units that didn’t [...]

Popularity: 49% [?]

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2200 vs Cosmo
2200 – 36 vs Cosmo – 54.
Arcadian Court
#205, my friend Katrina’s unit that she listed on Redfin, went STI in a two days.
Fini
I hear there was a line up 25 people deep for Fini’s opening day. I also hear they started raising prices throughout the day in reaction to the demand. [...]

Popularity: 27% [?]

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This weekend the Seattle Times had an article on condo flipping, Tactics in place to deter buyers from flipping and it more or less paints a rosy picture of the situation here in Seattle. The Cosmo Blog has a follow-up blog post titled condo arbitrage.

This article and topic really deserve a length post but I’ve [...]

Popularity: 18% [?]

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