Uncategorized

Uncategorized This Week: “Nothing Sells in August!” This is one of those often repeated bits of real estate “wisdom,” propagated by real estate professionals and hobbyists alike (maybe we just want to take the months off?). It is as easy to repeat as the “your first offer is your best offer” bit of counsel to sellers. But…is it true? This is a […]
Uncategorized This Week: Economic Roller Coasters, Negotiations, and Learning Modalities  How did you enjoy the ride this week? With the debt crisis “averted” things were looking up, right? The financial markets proved that it just isn’t that simple. Opportunity though, often comes from uncertainty. Some say that the Chinese character for “crisis” is the same as that for “opportunity.” For those who feel that now […]
Uncategorized ThriveSeattle Salutes Evan Fein ThriveSeattle is just over 1 week late in congratulating member Evan Fein for his recognition last week by the Puget Sound Business Journal as one of its 2011 “40 Under 40” Honorees. He then went on to a strong finish in Seafair’s Olympic Distance Triathlon, with his father and son also competing that day. Well […]
Uncategorized Raise the roof?! A buyer takes head-on fears of the debt ceiling debacle An investor friend/client of mine came up with what I thought was a good, straight-forward approach to his concerns that the August 2nd debt ceiling date could bring unpleasant and unwanted surprises to his assumptions regarding his loan package: He simply asked me to draft language that expanded and better specified the rights and options typically provided by […]
Uncategorized Mosler Lofts PH2 discussion (now containing a variety of real estate concepts) http://www.urbnlivn.com/2011/07/28/mosler-lofts-ph2/#disqus_threadI thought some of you might enjoy this discussion. It contains:-view preservation-flipping-distressed v. non-distressed sales-finishes-title issues
Uncategorized Older Version of Radiant Dining Room Heat I recently found this in an old home built almost 100 years ago for a man who would become a Seattle retail and customer service icon. Any guesses on who and where? (Oh, and please don’t miss those doors at the top; presumably to keep food warm).
Uncategorized Smooth (Short) Sale-ing? I’ve been surprised and impressed with Bank of America, the lien holder for a client’s short sale at Cristalla. They agreed to a short sale on May 19 and we listed at their approved number. By June 16, we were at their second approved number of $407,633. On July 14, we are at their third […]
Uncategorized New Listing at LUMEN Congratulations to Dan and Giorgio on their new listing at LUMEN (2BR/2BA/1,287sf/$648,000):Pedigree. Born of an understanding of flow, of how we move in spaces. An expression of minimalist aesthetic with a nod to new realities and patterns. A light-filled building, near centers of new economy: digital, biotech, and philanthropic. Two homes combined in a unique […]
Don't Miss Our Next Post
Subscribe Now
Uncategorized Insructive New Construction Analysis by UrbanLivn.com http://www.urbnlivn.com/
Uncategorized Fannie Mae and Seattle Inventory (condos, in this case) Here’s a bit on Fannie Mae’s influence on the Seattle market, thanks to Jeff Reynolds and his UrbanCondoSpaces.com blog: http://www.urbancondospaces.com/fannie-mae-the-seattle-condo-market. It seems that these owners of foreclosed properties and holders of debt for properties in short sale are beginning to understand the importance of meeting the market…I’ll post later today or tomorrow on a recent short sale […]
Uncategorized #1103 Now at $599K (1BR+den/1.5BA; 1104sf; Space Needle and Sound/Olympic Views)
Uncategorized As you wiiiiish…Princess Bride at Green Lake; Free this weekend http://blog.seattlepi.com/ingreenlake/2011/07/12/the-seattle-public-theater-at-the-green-lake-bathhouse-presents-a-free-production-of-the-princess-bride/
Uncategorized How King is Cash? Someone told me today that he expects to drive a good deal in a Seattle condo because he has cash. That is sometimes the case, but I have seen sellers balk at too-low cash offers, opining that concerns about financing are overblown. Here are the Q2 numbers for downtown Seattle, all price points: Financed Original […]
Uncategorized #707 Being cleaned… #707 is a 559square foot east facing studio with parking. This photo is taken from the home next door, but is essentially the view. It is currently bank-owned. I had a chance to view the inside of the property today. It appears in good condition with the exception of: odors from cigarette smoke, broken glass in […]
Uncategorized News Station at Mosler on 6/14/11 regarding Water Incident I was told (but haven’t verified) that a local news company (KIRO, I believe) was at Mosler yesterday, interviewing residents as they came through the lobby about the recent water issue. Unfortunately, this incident seems to continue with “legs” as a “flood;” which sounds more like a building defect than anything else. I don’t think […]
Uncategorized Nuevo Craftsman Battles Modern Friend Cole Thompson posted this photo and a healthy debate ensued. Which is out of place? a) Modern b) Nuevo Craftsman c) both? (Honey Bucket is not an acceptable answer)
Uncategorized Mosler Lofts #1103 A friend just asked at Mosler Lofts #1103, which traded at $622,500 on January 6, 2011. It is an 1104sf, 1BR+modest den (looks like a wide entry hallway)/1.5BA corner home with amazing views of the Puget Sound and Space Needle. That is a very popular corner, especially on floors, 9, 10, and 11, since the […]
Uncategorized Gifting of Real Estate I’m occasionally asked about the transfer of real property (aka real estate) among parties who do not have the need for agents (a gift or they’ve found one another and have struck a deal without agents). This specific question/answer were in regards to real property changing hands in Kittitas County: Q: Our parents are ready to gift […]
Uncategorized #411 Back on Market – Now Bank Owned Unit #411 came back-on-market Friday at $295,800. It is a 1BR/1BA 866sf E corner home on the ally, with parking and storage. While few people have “ally location” on their list of must haves, some ally homes are better than others. While above the garage and near the often disorganized trash from the Watermark Apartments, […]
Uncategorized Reminder on the limitations of homeowners insurance http://realestate.msn.com/article.aspx?cp-documentid=28691359 A little flood in my building has me thinking a lot lately about homeowners insurance. A reminder on the limitations