Let's Connect!
  • Connect with David on Facebook
  • Connect with David on Twitter
  • Connect with David on LinkedIn

 

Media & Press
Contact David
This form does not yet contain any fields.
    Site Search
    Monday
    Dec142015

    Seattle Condos on the Rise

    According to a recent Zillow survey, Seattle condominiums are appreciating faster than single-family homes. With the market crash of 2007, condos in all around the U.S. took a hard hit, losing an average of one third of their value. Now they are making a long-awaited comeback.


    Condominums are Booming

    Based on statistics from the Northwest Multiple Listing Service (NWMLS), single-family homes had an 8 percent price increase over this year (2015), compared to a 23 percent for condominiums. In many neighborhoods within the city, condos also saw a much higher appreciation rates.


    In Southeast Seattle (Columbia City, Rainier Valley, Seward Park) prices increased by 55 percent, and by 45 percent in both Beacon Hill and the Ballard/Green Lake/Phinney Ridge area. In Downtown and Belltown, which compromises Seattle’s most expensive market, prices for condos rose by 34 percent over the year to a median of $539,000, and Queen Anne condo prices are the highest in a decade.


    Why Condominums Are a Great Fit for Seattle Homeowners

    Seattle’s expensive single-family market is making the condo market be a lot more attractive than in past years, especially for first- time home buyers. In the real estate market, condos have been known for being more affordable and easy up-keep. They also provide the urban lifestyle that many young professionals are attracted to and look for when they search for a new home.

    Svenja Gudell, Zillow’s Chief Economist, said in the survey summary that, “Over the past few years, buying a condo hasn’t always been considered an investment on par with buying a single-family home. Clearly, the most recent data indicate that notion may be due for a second look.”
     

    Contact David Bell to Find Your Next Condominium

    Whether you are in the market for a new home, condo, apartment or even for an investment property, David Bell at Seattle’s Best Real Estate is alway here to help you. As one of the top real estate agents in Seattle, he can answer any of your questions and address any concerns. Finding the perfect place is not easy, so feel free to call at any time or visit David’s listing and begin your new home search.

    PrintView Printer Friendly Version

    EmailEmail Article to Friend

    References (49)

    References allow you to track sources for this article, as well as articles that were written in response to this article.
    • Response
      Response: talking to
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: agen tangkasnet
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: agen bola tangkas
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: seo consultant
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: judi online
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: More Material
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: vegas338
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: poker online
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: cerpen sex
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: Kursus Komputer
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: Happy Cute Dogs
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: stargirls escorts
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: gopro
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: cerpen sex
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: xvideos
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: taruhan bola
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: DOMINO QQ
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: Marni Rudicil
      David's real estate blog includes home buying tips and other insights for homeowners.
    • Response
      Response: agen poker online
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: zakupki.gov.ru
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: watch here
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: Domino Online
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: Domino Online
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: GoPro Suction Cup
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: essay helper
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: bq1
      58v
    • Response
      linkin-park-ft-jay-z-faint
    • Response
      Response: GoPro Accessories
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: GoPro Attachments
      Seattle Condos on the Rise - Real Estate Blog - Seattle's Best Real Estate
    • Response
      Response: Homer Mura
      David's real estate blog includes home buying tips and other insights for homeowners.
    • Response
      Response: Http://Www.Tvfc.De
      Seattle Condos on the
    • Response
      Response: togel online
      Seattle Condos on the
    • Response
      Response: domino 99
      Seattle Condos on the
    • Response
      Response: Www.youtube.com
      Seattle Condos on the

    Reader Comments

    There are no comments for this journal entry. To create a new comment, use the form below.

    PostPost a New Comment

    Enter your information below to add a new comment.

    My response is on my own website »
    Author Email (optional):
    Author URL (optional):
    Post:
     
    Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
    « 5 Ways to Improve the Value of Your Home | Main | A Seller's Market »