Seattle, WA Real Estate News

By Deborah Burns ~ Seattle Real Estate Agent
(Realty Executives -BRIO)
The Grand Opening of SAM: The Seattle Art MuseumThe Seattle Art Museum, SAM, will be celebrating it's Grand Opening May 5th & 6th.  The museum has been closed for it's expansion, and is now almost ready for it's Grand Opening Debut next week.  This has been a very busy year so far for SAM, because earlier this year in January the Museum celebrated the Grand Opening of it's new outdoor sculpture park in Belltown.  The Olympic Sculpture Park opened during a sunny winter weekend with large crowds of Seattlites roaming the Park.          SAM will be open for 35 straight hours beginning 10AM on Saturday May 5th until 11:59 PM on Sunday evening.   There will be music, and other live entertainment for Art lovers and admission to the main museum will be free.  The special exhibits in the Galler...
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By Deborah Burns ~ Seattle Real Estate Agent
(Realty Executives -BRIO)
Last Saturday I was across the hall in another agents office chatting about Seattle real estate (what else!) and I noticed on the screen of her laptop an article on MSN.  The article was on the ethics of using PhotoShop to "touch up" online photos used in marketing.  This was a very interesting and engaging article, and I really enjoyed it.  Ethically challenged people sure make life more interesting and complicated!Well...of course then I wanted to air (okay...vent!) my opinion on BAD real estate photos.  Most Seattle real estate agents do a credible to fabulous job with photos of the homes they list and market...then there are the ones who's cameras should be taken away!  It riles me up so much when I see a listing with poor photos, all I can think is poor, poor sellers.  You have pro...
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By Ben Kakimoto, Seattle Condo Specialist
(Keller Williams Greater Seattle)
The South Lake Union district of Seattle is undergoing a massive revitalization project as part of Paul Allen's vision to transform the area from industrial/commercial to a thriving business, bio-medical and residential neighborhood.  Part of the undertaking is the $20 million re-visioning of the Lake Union Park at the South end of Lake Union.  When complete, the 12-acre park will provide additional green space, walking paths, a model boat pond, a beach for hand-launched boats (kayaks) and an expanded Center for Wood Boats facility.  There is also a proposal to create a 6-mile pathway around the whole of Lake Union, similar to Green Lake. Watch a flash animation of the park, provided by City Investors LLC.  (click on image) Lake Union Park timeline:Complete Phase I  (Fall 2007)   North ...
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By ARDELL DellaLoggia
(Better Properties Seattle )
THE ONLY DIFFERENCE BETWEEN PRICE FIXING AND REAL ESTATE COMMISSION NEGOTIATIONS IN THE SPIRIT OF FAIR TRADE, IS WHOSE HANDS THOSE ARE!!IF THAT IS AN AGENT AND THE AGENT'S CLIENT SHAKING HANDS AT THE END OF TALKS REGARDING REAL ESTATE COMMISSIONS, then that is Fair Trade.An agreement between a Consumer and a Professional regarding the cost of service BASED ON THIS CLIENT'S NEEDS as determined by a joint, and not one sided, communicaton. IF THOSE HANDS REPRESENT AN AGENT AND HIS BROKER, OR AN AGENT AND ANOTHER AGENT, OR A SKAZILLION AGENTS ALL INDEPENDENTLY THINKING THE SAME FREAKIN' PERCENTAGE ALL OVER THE COUNTRY!!  THAT IS PRICE FIXING!!  THAT IS A MONOPOLY!  Can anyone really, honestly pretend that this is not what has been happening in the real estate industry for 50 years?  Serious...
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By Jarrett Kozelisky
(Keller Williams North Seattle)
For those of you looking for a great gift Idea.  I would like to share with you one of my favorites.  If you haven’t gone out to see a local hockey game yet, YOU SHOULD!  My wife, my 8 yr old son and I really enjoy going to the Thunderbirds games.  You will see lots of action; all of the seats are good, with lots of fan interaction at the breaks.  Chuck a puck is one of our favorite things to do come break time.  Here is how it works.  They drive a car out to center ice and you throw these orange pucks trying to get it into the sunroof for a chance of getting your name pulled to get a key that might open the trunk of the car.  At the last home game of the season they line up all 36 key holders and the one who has the key that opens the trunk wins $10,000.  My son loves Cool Bird who co...
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By Deborah Burns ~ Seattle Real Estate Agent
(Realty Executives -BRIO)
The Seattle Weekly this week published an article by Sue Peters: "Poetic Engineering; Will the new 520 bridge be one 'where you turn off and want to go over it again'?".  There are a group of  Montlake neighbors who are concerned with the Washington State Department of Transportation's (WSDOT ) current proposal for what they and others see as an potential eyesore in the making.  The Group, lead by Rob Wilkinson, is going against the traffic and have a design proposal of their own for WSDOT to consider, and helping to get the word out is their website at:  BetterBridge.org  It is interesting comparing the different proposals, and if you go to the WSDOT site you can also see a "demonstration" of what could happen to the Evergreen Point Floating Bridge (the 520 bridge over Lake Washington)...
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By Ben Kakimoto, Seattle Condo Specialist
(Keller Williams Greater Seattle)
The Mayor's Office of Arts & Culture is hosting lunch time concerts at Seattle's City Hall.  The concerts are free and a great diversion from the office.   The Jim Knapp Orchestra Thu., May 3, 2007, noon - 1 p.m., City Hall Lobby Top Seattle instrumentalists perform works by recent Seattle Jazz Hall of Fame inductee Jim Knapp. A prolific composer/arranger, Knapp's big band compositions resound with lush textures and round harmonies.   Quinton I. Morris & Friends Thu., May 17, 2007, noon - 1 p.m., City Hall Lobby Metropolitan Opera soprano Indra Thomas and celebrated Seattle pianist Byron Schenkman join acclaimed violinist Quinton I. Morris for a performance of classical and contemporary music. Raised in Seattle, Morris founded The Young Eight, a string octet of African American string p...
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By Ben Kakimoto, Seattle Condo Specialist
(Keller Williams Greater Seattle)
Seattle's condo renaissance is in full-swing.  The Emerald City is enjoying a rejuvenation of its downtown core neighborhoods with a condo renaissance.  New zoning laws, a strong economy and positive population growth have provided impetus for new construction and conversions projects which the city hasn't seen in decades.  It's an exciting time to condo in Seattle.Here's a partial list of new & conversion projects around the downtown core neighborhoods:Downtown / Belltown / Denny Triangle:Madison Tower - completed Fall 2006, hotel/condo2200 Westlake - completed Fall 2006, hotel/condoThe Cosmopolitan - completed Spring 2007Tobira - 2007 conversionStadium Lofts - 2007 conversionMosler Lofts - Summer 2007 completion dateTrio -  Summer/Late 2007 completion dateThe Parc - Summer/Late 2007 c...
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By Shannon Morgan
(NotaryOne Seattle)
In a declining refi and home buying market (even though we are still OK here in Seattle), you should always be on the lookout for new ways to differentiate yourself, and your business, right?Well, I've got one for you.It's easy. It's simple. And your clients will love that you offered it to them...What is it? It's an at home (or starbucks of choice) closing!We've never had a client (we are mobile notaries public) who didn't like signing at home. In fact, in over a 1000 loans, I've never had someone complain about our fee. 99% of borrowers we meet with are thrilled that they didn't have to reschedule their lives to fit into the 9-5 escrow office hours.It's simple to offer. The fee can be directly on the HUD, or if you really want to impress your borrowers, pick up the tab yourself! Don't...
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By Ricky D. Sadler, Trusted Senior Property Advisor & Marketing Expert
(Real Estate Marketing Experts &Trusted Senior Advisors on Property Management services, Rentals Leasing, Landlord Tenant )
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By Ben Kakimoto, Seattle Condo Specialist
(Keller Williams Greater Seattle)
The one month figures from February to March 2007 showed a different picture from the First Quarter figures. As expected with seasonal market fluctuation, the number of sales increased in March. However, the core neighborhood values took a hit in March from the prior month.The the decreased property values may raise some concern.  Though the one month change, in and of itself, is not as meaningful as trending which reflects upward motion.Price per square foot:  Prepared by Ben Kakimoto, Seattle Condos and Lofts.Source: NWMLS & Trendgraphix. Information deemed reliable but not guaranteed.
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By Ben Kakimoto, Seattle Condo Specialist
(Keller Williams Greater Seattle)
Seattle’s first quarter 2007 condo sales figures exhibited a healthy market performance compared to the same period last year. The chart below shows Sold information for city-wide condo sales as well as selected downtown core neighborhoods. Overall, the number of unit sales as well as valuation reflect positive movement in the market. Prepared by Ben Kakimoto, Seattle Condos and Lofts. Source: NWMLS - Information deemed reliable but not guaranteed.
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By Ben Kakimoto, Seattle Condo Specialist
(Keller Williams Greater Seattle)
There are many indicators to gauge the state of the housing market - new construction, the economy, job growth, appreciation and so forth. Well, add another barometer. Sources indicate two new real estate offices will open in Belltown soon - a 2nd Windermere office and a Re/Max office.  No doubt, the condo boom opportunity is enticing more entrants by Realtors to the urban market.   John L. Scott Real Estate was founded in downtown Seattle 76 years ago.  Your downtown John L. Scott agents are well-versed with the urban real estate landscape. Learn more about Seattle's condo and loft properties.  
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By Ken Bell
(Realty Executives Brio)
I was reading the Seattle Times this evening and I came across an article about the 520 Evergreen Point Floating Bridge. If you live in this area then you know how important the 520 Bridge is for the daily commute. The Bridge is one of two that span Lake Washington connecting Seattle to the vibrant Eastside. Citizens in Bellevue (an affluent suburb), Redmond (the home of Microsoft) and Kirkland (another affluent suburb) all depend on the bridge to make their daily trips to and from the city. Built in 1963 to relieve traffic from the I-90 bridge that spans the lake a few miles south, it has meant a lot to the infrastructure of our highway system.  Well this little article came with some great new video that the state has paid to have made up. The video, which the state has uploaded to Yo...
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By Deborah Burns ~ Seattle Real Estate Agent
(Realty Executives -BRIO)
 Late last week another Seattle Real Estate Agent in my office got a call on a listing of hers from an unrepresented buyer, a buyer not working with an agent. My colleague asked me to meet with the buyer since she (rightly) prefers to represent her Seller 100% and not act as a Dual Agent, representing both the Seller and the Buyer and not providing either with their best representation. I met with the Buyer and his wife at the house, they looked the house over, while I accompanied them answering their questions. They also asked to see the house that was listed across the street, and since I had the listing information about that house, we went to view that one as. Afterwards we talked in the driveway of the first house, mostly me answering their questions about real estate in general, t...
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By Ben Kakimoto, Seattle Condo Specialist
(Keller Williams Greater Seattle)
The Emerald City (aka Seattle) is experiencing a renaissance that is redefining the downtown skyline and livability of its core neighborhoods.  And, it's occurring with a  "big bang" making it an exciting time for all residents, condo-owners or otherwise.Since 2006, over 30 new condominium & lofts projects have been proposed for the next 4-5 years.  While not all proposed projects will pan out, many will, adding upwards of 10,000 new housing units to the downtown core.  And, that does not include Paul Allen's Vulcan Real Estate's ambitious plan to reinvent the South Lake Union district, which over the next 15 years may add thousands more units.The new projects will redefine Seattle's skyline.  Not since the office building boom of the 1980s have we seen so many cranes dotting the skysc...
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By Ben Kakimoto, Seattle Condo Specialist
(Keller Williams Greater Seattle)
Brix: April 13th, 6-8 PM Brix is unveiling their redesigned presentation center at 700 Broadway Ave E. Buyers can now view a full-scale model home and chat with the developer & architect. Refreshments including locally-brewed Elysian Beer will be served. Equinox: April 14th & 15th, 11:00 AM to 6:00 PM Equinox’s Public Grand Opening is slated for April 14th & 15th at their presentation center at 1500 Eastlake Ave (enter on 2nd level from Galer St). Buyers can view scale models, bath & kitchen vignettes and finishes. Refreshments will be served. Azul Flats: April 14th & 15th, 11:00 AM to 6:00 PM The Grand Opening for Azul Flats in Fremont will be held the weekend of April 14th at 120 NW 39th St. This conversion includes 30 studio, one- and two-bedroom units ranging from the mid-$200,000s...
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By Toby Barnett, Toby Barnett
(KW North Sound)
Well yesterday was a perfect day to take off work and go catch the opening day of baseball season at Safeco Field. The Seattle Mariners spanked on the Oakland A's, HECK YEA, with a 3 run home run from Richie Sexson. It was so much fun to take the day off work, well I worked from home and made breakfast, and enjoy a lazy morning with the bright blue sky in downtown Kirkland. My friends and I are all hoping that the Seattle Mariners have a great season and by the looks of it seems they just may. GO MARINERS!!
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By Deborah Burns ~ Seattle Real Estate Agent
(Realty Executives -BRIO)
Montlake, one of Seattle's Urban Villages...                        ...is where I have been spending a lot of time these past few weeks.  I am working with some out of state clients to prepare their house to enter the Seattle Real Estate market later this spring.  It has been an interesting project for me and it will be exciting to see it to it's conclusion later this spring/summer.     The Montlake neighborhood lies just south of the University of Washington across from the Montlake cut, north and down the hill from Capitol Hill, east of Portage Bay and Eastlake, and west of the Arboretum and Lake Washington.  It has great accessibility to Downtown Seattle, as well as Bellevue and the Eastsidevia the 509 freeway which runs through Montlake...in an interesting way.  The freeway is mostl...
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By Ben Kakimoto, Seattle Condo Specialist
(Keller Williams Greater Seattle)
Espresso Vivace announced they will be moving their flagship store to the new Brix condominium project on Broadway. Vivace will be the anchor tenant with a 2,200 sq ft store."The new flagship Espresso Vivace Roasteria at Brix, which will take the place of the Denny Way Roasteria, is expected to take the art of coffee a step further - into the design of the coffee bar itself. The interior will not only bring in design elements of both the Sidewalk Bar and the Roasteria, but also will feature a mural under the main bar dedicated to Espresso Vivace’s history on Capitol Hill. Vivace is nearly as famous for its drink-topping coffee art patterns, including its caffe latte rosetta, as it is for its pioneering research on coffee-making techniques." The current location at Denny & Broadway is ex...
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