New Scam in the Seattle Apartment Market

According to the Seattle Times, there’s a new scam in the housing market. Online scammers advertise listed homes and foreclosed properties as for rent on popular rental websites such as Craigslist, with potential renters sending a deposit before receiving the keys. Be wary if the deal looks to be good to be true and/or the “property manager” asks you to wire funds through Western Union or Moneygram without letting you see the rental unit. For more details and tips, please read the article here.

Seattle Apartment Construction Improving Seattle Housing Market

Due to the influx of apartment construction, 2011 will be the first year since 2007 where housing construction will help the economy grow. There has been a surge in apartment construction, as signaled by the cranes in Ballard and South Lake Union, as well as an increase in permits, signaling future construction in Seattle.

For every new home that is built, it creates three jobs and adds $90,000 in taxes. For more details, read the Seattle Times article.

Seattle Apartment Construction Improving Seattle Housing Market

Due to the influx of apartment construction, 2011 will be the first year since 2007 where housing construction will help the economy grow. There has been a surge in apartment construction, as signaled by the cranes in Ballard and South Lake Union, as well as an increase in permits, signaling future construction in Seattle.

For every new home that is built, it creates three jobs and adds $90,000 in taxes. For more details, read the Seattle Times article.

Fully Furnished Luxury Condo

Fully furnished luxury condo partially overlooking the Seattle Waterfront w/floor to ceiling windows w/Elliot Bay and Olympic Mountains view. Two bedrooms, 1 is master suite w/ 2 closets and 5 piece bathroom w/ Jacuzzi tub. Granite counter tops, gas cooking and pantry in kitchen Additional amenities include A/C, gas fireplace, laundry room with full-size front load washer/dryer, two secured parking stalls. Rent includes water/sewer/garbage/gas. Please follow the links to find full listing details and photos of the home, or search other Seattle luxury rentals.

Status: For Rent
Bed/Bath 2,2
Last List Price: $2,395/mo

Fully Furnished Luxury Condo

Fully furnished luxury condo partially overlooking the Seattle Waterfront w/floor to ceiling windows w/Elliot Bay and Olympic Mountains view. Two bedrooms, 1 is master suite w/ 2 closets and 5 piece bathroom w/ Jacuzzi tub. Granite counter tops, gas cooking and pantry in kitchen Additional amenities include A/C, gas fireplace, laundry room with full-size front load washer/dryer, two secured parking stalls. Rent includes water/sewer/garbage/gas. Please follow the links to find full listing details and photos of the home, or search other Seattle luxury rentals.

Status: For Rent
Bed/Bath 2,2
Last List Price: $2,395/mo

Luxurious Cristalla Condo-RENTED

This Condo unit is located on the 22nd floor of the luxurious Cristalla building, this furnished 1 bedroom 1 bath unit features amazing views of the city and water right from your living room, bedroom, and private deck. Features include hardwood floors, granite counters, built in fire place, washer and dryer in the unit, and parking in the secure garage. Building features are endless with spa, sauna, roof top park, and movie theater! This unit is located in one of Seattle’s most sought after buildings in Belltown.  To see other luxurious units available for rent, please click on The Marlborough Apartments.

Status
Rented
List Price $2,500
Bed/Bath 1,1

Luxurious Cristalla Condo-RENTED

This Condo unit is located on the 22nd floor of the luxurious Cristalla building, this furnished 1 bedroom 1 bath unit features amazing views of the city and water right from your living room, bedroom, and private deck. Features include hardwood floors, granite counters, built in fire place, washer and dryer in the unit, and parking in the secure garage. Building features are endless with spa, sauna, roof top park, and movie theater! This unit is located in one of Seattle’s most sought after buildings in Belltown.  To see other luxurious units available for rent, please click on The Marlborough Apartments.

Status
Rented
List Price $2,500
Bed/Bath 1,1

Downtown Seattle Condo-RENTED

Exterior of Building

This sleek two story corner unit features soaring 18ft ceilings, wrap around floor to ceiling windows and active views, with large private deck. Warm interiors feature elegant colors and cherry hardwoods. Designer kitchen with granite counters and stainless steel appliances. Spacious Great Room with fireplace is perfect for entertaining (flat screen tv stays!). 2nd flr master suite with large walk-in closet, five-piece master bath and office area/sitting room. Secure garage parking.

Status
Rented
List Price $3,750
Bed/Bath 2,2

New Belltown Apartments

Just as the McGuire Apartments are headed to demolishment, a new apartment project is proposed for Belltown. The 17-2tory apartment building, to be called “Alto”, will be located on 3rd and Cedar. The expected 184-unit building ‘s construction will be the first of multiple proposals in Central Seattle in the last three years to start. The building will also have 2,700 sf of retail space. The developer, Harbor Properties (who is well known for Downtown’s Harbor Steps project) bought the land in March of last year, but decided not to build until the financial market had improved. The high demand for rentals in Seattle, especially among the younger populations in Belltown, has increased substantially in the past few years. As many of the projects in Belltown are condos, it is a nice change of pace to see some new apartment buildings. This will be the newest among a number of other buildings including 2300 Elliot, The Avalon, and Archstone Apartments, to name a few. The apartments will be aimed at middle-income renters as well, which is a plus for the younger population. Looks like Belltown living is back on the rise, as we expect the residential project from Goodman Real Estate (located on Western) to start in the near future as well.

New Belltown Apartments

Just as the McGuire Apartments are headed to demolishment, a new apartment project is proposed for Belltown. The 17-2tory apartment building, to be called “Alto”, will be located on 3rd and Cedar. The expected 184-unit building ‘s construction will be the first of multiple proposals in Central Seattle in the last three years to start. The building will also have 2,700 sf of retail space. The developer, Harbor Properties (who is well known for Downtown’s Harbor Steps project) bought the land in March of last year, but decided not to build until the financial market had improved. The high demand for rentals in Seattle, especially among the younger populations in Belltown, has increased substantially in the past few years. As many of the projects in Belltown are condos, it is a nice change of pace to see some new apartment buildings. This will be the newest among a number of other buildings including 2300 Elliot, The Avalon, and Archstone Apartments, to name a few. The apartments will be aimed at middle-income renters as well, which is a plus for the younger population. Looks like Belltown living is back on the rise, as we expect the residential project from Goodman Real Estate (located on Western) to start in the near future as well.