Starbucks sells their Pioneer Square building (Seattle Times)

The commercial market has experienced declines to the short extent that the residential market has. I had no idea that vacancy rates in Pioneer Square were close to 25%. This article talks about that market and Starbucks selling their building. Seattle Times Business / Technology Originally published August 8, 2011 at 6:16 PM | Page… Read More

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Australian builder plans 500 houses in Seattle market

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One of Australia’s largest homebuilders is entering the U.S. market with a bet on King, Snohomish and Pierce counties. By Eric Pryne Seattle Times business reporter One of Australia’s largest homebuilders is jumping into the Seattle market. Henley Properties said Monday it plans to build 500 houses in King, Snohomish and Pierce counties by the… Read More

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The Big Plunge (Seattle Times)

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I saw this article this morning on Twitter from the Seattle Times The Seattle-area housing market’s big plunge Here’s a snapshot of the market on its way up in 2005, near its peak in 2007, and three years after the fall in 2010. By Eric Pryne Seattle Times business reporter Back in 2005, houses were… Read More

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Mercer Island Property set for Auction (Seattle Times)

Mercer Island property once listed for $40 million is going up for auction in April By Eric Pryne Seattle Times business reporter Next up: A 23,00-square-foot Mercer Island waterfront mansion, complete with a 12-foot Chihuly chandelier in the entry, a 66-foot indoor saltwater pool, a stocked trout pond and two count ‘em, two wine cellars…. Read More

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Effects of the tax credit (Seattle Times)

Tax credit fuels home-sales bounce, but will it be just a blip? The first-time homebuyers’ tax credit helped resuscitate the Seattle real-estate market in 2009. The market remains fragile, most insiders say, and the outlook for late 2010, after the credits are scheduled to expire, is especially murky. By Eric Pryne Seattle Times business reporter… Read More

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