Parade of Affordable Homes: June 16th, 17th, 23rd or 24th

The Washington Homeownership Center is hosting the first tour of affordable homes. The event also includes a homebuyer orientation at either one of thier 3 event locations in Lynnwood, Seattle and Tacoma. Tours of homes is between 12pm and 4pm June 16th, 17th, 23rd and 24th. There are approximately 30 featured homes that vary in prices between $166,000 (3 bedroom in Vashon) and $350,000 (2 bedroom in Edmonds).

This is a great opportunity to get a feel for what’s available in multiple areas of King, Pierce and Snohomish counties.

To get more info click here

Angry Citizens Complaining that Real Estate Cost More than Rent

There’s been more than one occasion where I had to end conversation with someone because of their prediction on Seattle’s real estate market. When someone states their opinion on something, I generally listen to their side taking their ideas into consideration. However, there’s been a select few who act as if the world is going to end because of the headlines they read in the paper about “America’s” home prices falling. Of course they’re tainted with the idea that it’s happening here in Seattle too.

Many specifically refer to all the “rich” people that will drive away the Seattle culture we’re all in love with. They’ll wine and threaten about moving away because their rent is getting higher and the space smaller. Even when mentioning San Francisico as proof that the rising costs of urban living does not affect urban culture, some will still rant about how Seattle is getting worse because too many people are moving here. I would assume that’s a true sign of a strong market.

I wish people would stop with the frustration of how they can’t afford anything, and get more focused on how they can. Not enough hand-outs I guess.

Today’s Market Update

New Listings = 16
2 2200 Westlake | 1 Alexandria | 1 Bay Vista | 1 Bellora | 1 Belltown Court | 3 Cosmopolitan | 1 Decatur | 1 Ellington | 1 Four Seasons | 1 Klee | 1 Olympic Block | 1 Seattle Heights | 1 Site 17

Price Changes = 3
1 2200 Westlake | 1 Colonial/ Grand Pacific | 1 Lakeview Condominiums

Pendings = 3
1 Bellora | 1 Cosmopolitan | 1 Fifteen Twenty-One

SOLD = 1
1 Waterfront Landings

View New Condos on the Market TODAY!

Millennium Tower – 715 2nd Avenue Seattle, WA 98104

VIEW LISTINGS (open in new window)

Properties with the ,, , or icon(s) are courtesy of the Northwest, Whatcom, Walla Walla, Olympic MLSs, or SAR/MLS respectively.

GENERAL DATA (map)

Year Built: 2000
Number of Floors: 20
Number of Units: 18
Common Areas & Amenities: Concierge
Companies: Beacon Capital Partners | Hart Crowser | Hoffman Construction Co. | MacDonald-Miller | Magnusson Klemencic Assoc. | Martin Smith Inc. | Raeco Inc. | Sparling | Trammell Crow Co. | Union Investment Real Estate AG | Zimmer GunsulFrasca Partnership

COMMENTS

The Millennium Tower is a mixed-use building with the top 6 floors consisting of luxury condominiums. Units started at $1 million and were originally sold as “shells” which allowed buyers to customize the interior design of each condo. The building is highly secure and private. The tower is just steps away from the Seattle Art Museum and Benaroya Hall in the Central Business District.

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HOMEPAGE

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MEDIA

Seattle Times – Mixed-use buildings bring mixed feelings
Seattle Times – It’s crunchtime for monorail as key decisions come due
Puget Sound Business Journal – Office portion of Millennium Tower may be sold
Puget Sound Business Journal – Plans for 2 new towers
Puget Sound Business Journal – Record setter: condos hot at Four Seasons
Puget Sound Business Journal – Shell game
Puget Sound Business Journal – Buyers step up for Millennium condos
Puget Sound Business Journal – German investment company buys portion of Seattle’s Millennium Tower
DJC.com – Millennium Tower condos for sale
The Stranger – Pretty Vacant

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REAL ESTATE SERVICES

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Call Justin Bowers
(206) 491-1555