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The Seattle condo market experienced another phenomenal year of growth in unit sales and condo values in 2016.
seattlecondosandlofts.com The Seattle condo market experienced another phenomenal year of growth in unit sales and condo values in 2016.
On the first day of the new administration, HUD has "indefinitely" suspended the FHA mortgage insurance premium rate cut that was supposed to begin on January 27th.
marketwatch.com One of the Trump administration’s first steps was to suspend a reduction in FHA mortgage insurance which would have saved the average borrower about $500 per year.
FHA is reducing its mortgage insurance premium as of January 27, 2017, which can save buyers hundreds of dollars annually.
Though, the benefit may be negligible for Seattle condo buyers with only 10% of the condo buildings being eligible for FHA loans.
seattlecondosandlofts.com FHA is reducing its mortgage insurance premium as of January 27, 2017. Though, it'll have a negligible benefit for Seattle condo buyers.
The Seattle condo market ended on a high note to close out the year with a bump in the median sales price to $426,000 even as unit sales activity slowed for the holiday season.
bizjournals.com The three-tower project is the largest-ever market-rate development built in Seattle.
The Seattle citywide condo median sales price increased 11.53% last month amid slowing sales and declining inventory.
Facebook expanding its presence in SLU.
We'll have to see how this plays out and if it'll affect the Seattle area. A fair number of the proposed condos in the pipeline for Seattle are Chinese backed.
bizjournals.com A slowing of capital from China likely would have a big effect on the Puget Sound development market.
UrbnLivn is a Seattle condo and real estate blog
TraVigne (trah-veen-yay) From both Italian and French Language origins. Translation: Among the vines. Used as "fruit of the vine" or "living among the vines."
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