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Enrico Pozzo, Seattle Condos, Lofts, Houseboats

King County Residential & Condominium Absorption Rates 2004-2008 1M+ Market

Absorption Rates 2004-2008, Condo and Residential 1M+

Attached are the Condominium and Residential Absorption Rates for $1Million + homes in King County from 2004 through 2008 compiled by our office in April 2008. As you can see, the absorption rate in this price range is currently about half of those of all listings combined.

Enrico Pozzo, Coldwell Banker Bain: Seattle Condos, Lofts, Houseboats and all Seattle Real Estate Listings

April, 2004-2008 Condominium Pending Sales Trends

Condominium Pending Sales Trends

Attached are the Condominium Pending Sales Trends in King County from 2004 through 2008 compiled by our office in April 2008. As you can see, the current numbers are substantially down from this time last year. However, we are seeing the number of sales in our office go up in our office and our numbers are better than last year this month. It will be interesting to see what impact it will have on this statistic.

Enrico Pozzo, Coldwell Banker Bain: Seattle Condos, Lofts, Houseboats and all Seattle Real Estate Listings

April 08, 2004-2008 Residential King County Absorption Rates

Residential King County

Attached are the Residential Absorption Rates in King County from 2004 through 2008 compiled by our office in April 2008. Historically, we see an increase in the number of sales in the coming two months. It will be instesting to see whether this will imporve the absorption rates.

Enrico Pozzo, Coldwell Banker Bain: Seattle Condos, Lofts, Houseboats and all Seattle Real Estate Listings

April 08, 2004-2008 Condominium King County Absorption Rates

April08, 2004-2008 King County Condo Absorption Rates

Attached are the Condominium Absorption Rates in King County from 2004 through 2008 compiled by our office in April 2008. Historically, we see an increase in the number of sales in the coming two months and we see the absorption rate go up. Are you as eagerly awaiting the numbers following as I am?

Enrico Pozzo, Coldwell Banker Bain: Seattle Condos, Lofts, Houseboats and all Seattle Real Estate Listings

South Lake Union Zoning Changes

Recently I read about the potential zoning changes in the South Lake Union neighborhood which would allow buildings up to 40 stories in this neighborhood. If these changes will be accepted, it will drastically change the character and feel of our city. As a houseboat resident, I would like to see a more modest aproach and want to learn more about the 65' to 240' plan mentioned in the following articles.

http://seattlepi.nwsource.com/local/361929_slu06.html

http://www.king5.com/localnews/stories/NW_050608WAB_south_lake_union_skyscrapers_TP.d49a89c2.html

What do you think about the proposed changes?

Enrico Pozzo, Coldwell Banker Bain: Seattle Condos, Lofts, Houseboats and all Seattle Real Estate Listings