When $6,650 a Month in Rent is Too Low….

When do you know the Seattle rental market is red hot? When $6,650 a month in rent is not high enough. Last Thursday, we blogged about a penthouse unit that opened up at the Rollin Street Flats in South Lake Union. The two-bedroom apartment was listed for $6,650 per month. We suggested that if you… Read More

Two Belltown Short Sales

Two Belltown condos that last sold near the height of the real estate boom are now on the market for 35% less than their 2007 price. Both are short sales. The first is Unit #804 at The Parc at 1st Ave and Cedar St. The one-bedroom condo went for $459,000 five years ago. Today, it’s… Read More

A Notable Sale at Capitol Hill’s 25 on the Park

A 25 on the Park townhouse just closed for $439,000. That means the 880-sq ft home facing Cal Anderson Park fetched $500/sq ft. It’s interesting to see that kind of valuation…again.  While the 500-mark is still below some of the eye-popping numbers we saw at the height of the Seattle housing boom in 2007, it… Read More