The real estate bubble burst in the Seattle area housing market in August 2007. Since then prices have been falling steadily, and condo prices more so than single-family homes. Let's take a closer look at Kirkland condos in the 98033 zip code. What happened over the past three years in terms of for sale and sold condos and also square footage prices? How do price ranges compare in terms of supply and pricing? And, finally, what's been selling over the last 30 days? Read the rest of this entry »

This 11th floor Belltown condo in built-green Mosler Lofts with floor to ceiling windows offers views of the Space Needle and of Puget Sound and Olympic Mountains scenery. The Mosler Lofts, completed in 2008, are Seattle’s first LEED® Silver certified and 3-star BuiltGreen rated condominium. Read the rest of this entry »

While FHA insured mortgages continue to be a favorite way to finance home ownership, FHA spot approvals for individual condo units are a thing of the past and FHA approval of an entire complex are more important than ever. The Kirkland Springs condo complex now enjoys that status. Read the rest of this entry »

Seattle is a buyer's market IF you don't have to sell first, IF you have solid credit, and IF you've saved up money for the occasion. A first-time buyer, meeting these criteria, can find the perfect condo. Read the rest of this entry »

While well-intended, the new Washington State Distressed Properties law may have the opposite effect: more foreclosures and more bankruptcies. Besides, the law does not apply to residential housing with more than four units. That's a whole lot of condominiums. Read the rest of this entry »