Perhaps the most disappointing condo appreciation result was in West Seattle which managed to eek out a 1% increase in annual median price for 2007. West Seattle had a tough year with two developments converting to apartments. As for 2008, it's a toss up as to what will happen. On one hand, th
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01/16/2008
One neighborhood that underperformed in 2007 was the Downtown Seattle/Belltown area (MLS area 701) which posted a modest 6.0% increase in appreciation. Actually, 6% is pretty good, however, many expected the downtown area to reach 9% or 10%. In reality, if it wasn't for year end closings at a c
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01/16/2008
Seattle's distinctive and historic Queen Anne neighborhood realized an extremely healthy 14.2% increase in condo value in 2007 (based on median price). Queen Anne and downtown were the only two neighborhoods where the median price exceeded the city's condo median price of $315,000. Overall, Sea
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01/16/2008
Seattle's Capitol Hill (MLS Area 390) condo market performed respectably in 2007. Though, the slowing market and increase in lower-end condo conversion sales impacted values. As a result, Capitol Hill's annual median price appreciation for 2007 increased only 3.1%, well below the citywide 7.2%
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01/16/2008
Washington residents will be able to obtain the new Enhanced Drivers License starting January 22nd. The Enhanced Drivers License will allow residents to re-entry the U.S. at land and sea borders between the U.S., Canada, Mexico, Bermuda and the Caribbean, without needing a U.S. Passport.The fee
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01/14/2008
The new buzz word around these parts is "repartment"...the reverting of condo conversions back to apartments. The once lava-sizzling hot Seattle condo market has gotten hit with a crisp winter's blast. The cranes are still up for the eight new condominium projects in the downtown area, as well
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01/14/2008
The owner of Seattle's history Smith Tower, Walton Street Capital, has scaled back its condo conversion plans. Initially, Walton Street planned to convert the entire building, once the tallest on the West Coast, to condominiums which would have resulted in approximately 150 units. However, no d
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01/14/2008
On my other blog, I noticed that agents (or their SEO person) visit from directories like Blogflux or BlogCatalog and leave a comment on my blog posts. These people just go down the list and comment on all the blogs with a link back using the URL textbox feature. I consider this comment spam a
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11/19/2007
Over the next few years Seattle’s “Midtown” district may experience a spate of new construction activity from several new high-rise developments under proposal. "Midtown", a name created by a condo marketing executive, is roughly the area where Denny Triangle, Belltown and the Retail District con
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11/18/2007
Where is the Seattle condo market heading? There’s lots of speculation but no one knows for sure. Though, we can look at what the market has done this past year. In comparison to the prior year, the condo market has been the shining star of Seattle's real estate market this year. There was a dec
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11/18/2007
