Time to buy Seattle Condominiums
With interest rates at all time low for mortgages and housing market one of the worst in decades, Seattle condominiums offer opportunities for those who are looking for long term. To jump start the housing market, the federal government is offer $7,500 credit for first time home buyer. Overall prices averages sales in Seattle are have surprising increased to 6 percent from declines in the past few years.
The reason for increase in prices is due to rise in sales prices in Queen Anne and West Seattle area. Although the prices for downtown Seattle condominiums have decreased. There is also over abundance of condo inventories in Seattle, Washington.
The Seattle region is one of the largest coastal cities with large financial district and home of many large fortune 500 companies such as Microsoft, Amazon, and Starbucks. Some of the attractions in Seattle includes Pike Place Market, Seattle Art Museum, and Benaraya Hall. One of the hottest attraction in Seattle if Pioneer Square, attracts visitors from the world, which makes it good place to invest in Seattle condominiums.
In the past few years, there has been large amount of development in new condos, which brought over 5,000 units to the market, there seems to be no new development or new constructions within this market until 2012. So, this makes it perfect time for one to buy a Seattle condominiums for investment or as a home for your family or yourself.
If you are thinking of purchasing, think about the options available like upgrades which not can be negotiated with many developers offering incentives to move the over supply of condos. You can get fully furnished kitchen and great interiors and comfortable living space for great value.
Make sure you do the research on the internet and due diligence to make the right choice and right fit for your budget and your living needs. Contact a reputable agent if you need help, you can get a good buyers agent to do all the negation for you at affordable price.
The reason for increase in prices is due to rise in sales prices in Queen Anne and West Seattle area. Although the prices for downtown Seattle condominiums have decreased. There is also over abundance of condo inventories in Seattle, Washington.
The Seattle region is one of the largest coastal cities with large financial district and home of many large fortune 500 companies such as Microsoft, Amazon, and Starbucks. Some of the attractions in Seattle includes Pike Place Market, Seattle Art Museum, and Benaraya Hall. One of the hottest attraction in Seattle if Pioneer Square, attracts visitors from the world, which makes it good place to invest in Seattle condominiums.
In the past few years, there has been large amount of development in new condos, which brought over 5,000 units to the market, there seems to be no new development or new constructions within this market until 2012. So, this makes it perfect time for one to buy a Seattle condominiums for investment or as a home for your family or yourself.
If you are thinking of purchasing, think about the options available like upgrades which not can be negotiated with many developers offering incentives to move the over supply of condos. You can get fully furnished kitchen and great interiors and comfortable living space for great value.
Make sure you do the research on the internet and due diligence to make the right choice and right fit for your budget and your living needs. Contact a reputable agent if you need help, you can get a good buyers agent to do all the negation for you at affordable price.
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