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A Glimpse into Seattle Condos Market
Seattle, the city of Bill Gates and Jimmy Hendricks is considered the cultural capital of Pacific Northwest. Lying in the lap of Mount Rainier, Seattle offers exciting outdoor life. Beautiful Lake Washington and Puget Sound add to the pristine charms of the city. Seattle can offer an urban lifestyle which is far from monotonous. When it comes to finding home in this thriving metropolis, you can choose from diverse residential real estates. While the city has no dearth of luxury estates, Seattle condos can actually make luxury affordable for a large number of home buyers. The Seattle condos market has many newly built as well as conversion buildings and they together turn the city into an interesting living place.
Just like any other parts of the USA, Seattle condos market fared pretty well till 2006. During recession, the market got somewhat slow, but never came to a dead stop. While sales of brand new luxury condos slowed down, resale condos fared a little better than their brand new counterparts. Among all resale condos, again some fared better than the others. The Concord is a case in point. With a fabulous location near Belltown, this condominium property proved to be a highly desirable investment real estate.
Another Seattle condominium that remained a surprise success during recession is Klee, in the heart of Belltown. The prices of open one bedroom units in this condominium particularly held well. Among other Seattle condos, Bellora did really well. Though, the units here sold for a lower price, a huge number of smaller units were sold in this building.
Here are the descriptions of some other Seattle condos that are expected to hold their values well through the upcoming days.
Consider The Bravern condo in Bellevue for instance. With Microsoft finally moving into this building to set up its office, this building has become a highly desirable address for Microsoft employees. In addition of giving them an incredible opportunity of living, working, shopping and unwinding in the same complex, this condo also offers amazing views of the city in its natural surrounding.
Those who have gone to Queen Anne’s High School can now rekindle their old flames by coming to live in Queen Anne’s condominium. This former public school has now been converted into a lovely condo property. The historic details such as arched windows and hardwood floors will definitely take you back to your teenage days.
There are many other downtown Seattle condos to choose from. You can explore real estate opportunities in such condos as Ava, Escala and Equinox at Eastlake. If you are primarily looking for an investment condo in Seattle, then, Hotel and Residences can also be a good option for you.
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