Exclusive Listing - Urban Haven in the Heart of Downtown Bellevue

Exclusive Listing - Urban Haven in the Heart of Downtown Bellevue

Seattle Modern Homes
Invest, Townhomes

Welcome to your new urban haven in the heart of Downtown Bellevue! Centrally located residence with unparalleled access to retail, restaurants and downtown offices. Spacious, open concept one-bedroom layout with a private view towards courtyard. Home is in top condition, all major appliances included and comes with an extra-sized parking space. Amenities include rooftop terrace, club room and concierge. Walking distance to Bellevue Square, Lincoln Square; indulge in diverse culinary experiences at nearby restaurants, with entertainment venues just steps away. Whether you're looking for a stylish starter home or a savvy investment property, this condo is your perfect choice! Free one-year home warranty included. No rental cap.

https://www.redfin.com/WA/Bellevue/1085-103rd-Ave-NE-98004/unit-316/home/168852336

Exclusive Listing - Modern Townhome from Malboeuf Bowie

Exclusive Listing - Modern Townhome from Malboeuf Bowie

Seattle Modern Homes
Invest, Townhomes

Experience modern living from award-winning Malboeuf Bowie Architecture. Spacious, quiet, light-filled 2-BR townhome with oversized windows, charming master suite, lots of storage spaces. Private rooftop deck with gorgeous city views. 92 walk score, minutes away from bus lines, light rail, and streetcar stations. Bosch appliances, radiant floor heating, and AC unit on all floors. No HOA or special assessments. Make this your dream home and urban sanctuary, OR don't miss out on this rare opportunity to own the perfect investment property at a prime location for potential short and long-term rentals. Next to Seattle University, First Hill medical centers, retail and DT offices. Top condition with a full pre-inspection report. One year home warranty included.

https://www.redfin.com/WA/Seattle/710-14th-Ave-98122/unit-C/home/109662157

Graystone - Stunning Luxury Condo with New Reset Pricing

Graystone - Stunning Luxury Condo with New Reset Pricing

Seattle Modern Homes
Invest, Presales, Condos

I had the opportunity to attend the Graystone Open House/Block Party last week. Their sales center is now just a block away from the soon-to-be completed high-rise - with expected occupancy in 2023 (around August or September). That makes Graystone the only new construction luxury condominium to be move-in ready this year.

Graystone is now selling at up-to 1/3rd below presale pricing, with first year 2% mortgage discount and no HOA dues in 2023. Studios priced from just $409,990, Urban One Bedrooms from $389,900, One Bedrooms from $469,900, Two bedrooms from $754,900. All with just 5% down payment - which makes these incredible value starter homes; and also for those who are looking for long-term investment opportunities.

KODA - 2023 New Year Price Reduction

KODA - 2023 New Year Price Reduction

Seattle Modern Homes
Invest, Townhomes, Presales

Last week I attended KODA'S Broker Event - they are running a special 2023 New Year promotion and lowered pricing for many of their remaining units - up to 30% price reduction. Located in the heart of Seattle Downtown International District - KODA has a 99 Walk Score and a perfect 100 Transit Score with exceptionally convenient access to bus, light rail, train and many other transportation options.

Currently over twenty brand new homes are available under $400K (total savings of over $100K); and west-facing water view homes with parking and storage start at just $575K (total savings of over $200K). About 50% of the units have already been sold. With these attractive prices the remaining homes will likely be sold very quickly. 

12th Avenue Townhomes in Shoreline - Now Selling

12th Avenue Townhomes in Shoreline - Now Selling

Seattle Modern Homes
Invest, Townhomes, Presales

Last weekend I had the opportunity to join a hard hat tour at the 12th Avenue Townhomes in Shoreline (thanks Michelle from Taylor Morrison). This intimate community of 19 modern townhomes is centrally located in Shoreline - just 10 minutes walk to the future Shoreline North/185th station. There are also bus stops within two blocks (along 10th Ave. NE and 15th Ave. NE). The neighborhood is serene and walkable - a number of shops, restaurants and grocery stores along 15th Ave. NE. These homes are within the highly-rated Shoreline School District (Ridgecrest Elementary, Kellogg Middle School and Shorecrest High School) - making these perfect homes for families with growing kids.

Micro Apartments: Are These Small Living Spaces Right For You?

Micro Apartments: Are These Small Living Spaces Right For You?

Seattle Modern Homes
Market, Lifestyle

Check out the recent Redfin article we were featured in:

Micro Apartments: Are These Small Living Spaces Right For You?

Finding affordable apartments has become a challenge, especially as inflation continues to affect home and rental prices. This is especially true if you’re a first-time renter, like a student or a new professional. As prices continue to increase, people are looking for smaller apartments to stay within their budget. A popular option for many people is the micro-apartment.

The Allure of Modern Micro Living

The Allure of Modern Micro Living

Seattle Modern Homes
Market, Lifestyle

With recent skyrocketing rents across the country and sizzling red hot real estate market the past few years, micro apartments and “compact” housing have gained a lot of attention these days. Many cities, including Seattle, have started to re-examine the need for building more micro apartments and to further increase housing density - as part of an overall strategy to address regional housing affordability crisis and growing home ownership demands.

While not as common in the United States outside of metropolitans like Manhattan - micro apartments and condos are widely popular in places like Tokyo, Hong Kong and Singapore. To many people, living in a micro apartment is not only an economic necessity but also a lifestyle choice. There is a unique allure to the "micro" or "mini" way of modern living.

Jade Residences - Selling Out Soon

Jade Residences - Selling Out Soon

Seattle Modern Homes
Condos, Invest

I recently toured Jade Residences in Kirkland and helped a client purchase a beautiful one bedroom unit here. It was my second trip - after my first visit last year when the building was still under construction (thanks Paola at Realogics for the personal guided tour). Jade Residences is now move-in ready - and it is absolutely stunning!

Built by Terrene Urban, Jade is centrally located right next to the new Village at Totem Lake mall - with convenient access to name brand shops like Lululemon and Nordstrom Rack; and within walking distance to Trader Joe's and Whole Foods Market. Nearby unique restaurants include Due' Cucina, Silverlake Ramen, ShabuGen Korean BBQ and Tom Douglas' Serious Pie (both coming soon).

What’s Fueling the Rise of Bellevue?

What’s Fueling the Rise of Bellevue?

Seattle Modern Homes
Market

GeekWire recently published a number of articles as part of a 4-part editorial series to explore what’s fueling the rise of Bellevue.

It should not come as a surprise that Bellevue is becoming one of the fastest-growing tech hubs in the country. Amazon expects to have as many as 25,000 workers in its Bellevue offices - on par with the size of its second headquarters currently under development in Arlington, Virginia.

“Bellevue’s surge in popularity, pushed largely by the tech industry and encouraged by city leaders, is projected to result in a wave of growth unlike anything the city has encountered.”

The Pines at Northgate

The Pines at Northgate

Seattle Modern Homes
Invest, Townhomes, Presales

I recently toured The Pines at Northgate by Isola Homes. The Pines is a brand new community of twenty live/works and townhomes located at the Pinehurst neighborhood in Northgate. These are 4 Star Built Green homes - Isola Holmes is one of the local premier builders for modern, environmentally sustainable homes.

The project is being released in three phases, and there are a total of eight unique floor plans, most of them with parking in a secured covered garage. I find these to be very well-built homes and with efficiently-designed floor plans. All units are from three to five floors, most with a rooftop deck or balcony with views.

Seattle was the fastest-growing big U.S. city in 2020

Seattle was the fastest-growing big U.S. city in 2020

Seattle Modern Homes
Market, Invest

Seattle Times recently reported that among the 50 biggest U.S. cities, Seattle is No. 1 for growth in 2020.

New data from the U.S. Census shows that between July 1, 2019, and July 1, 2020, Seattle had a net gain of about 16,400 residents, hitting a total population of 769,700. That translates to a growth rate of 2.2%. Seattle was also the fastest-growing city of the past decade with a growth rate of 2.2%,

Many other cities are growing but were behind Seattle. Fort Worth, Texas, ranks No. 2, followed by Mesa, Arizona; Austin; and Tampa. Major cities with the least growth in 2020 were: Long Beach, New York, San Jose, San Francisco and Baltimore.

Presales Alert: 90 Degrees Townhomes from Pulte in Bel-Red

Presales Alert: 90 Degrees Townhomes from Pulte in Bel-Red

Seattle Modern Homes
Townhomes, Presales

90 Degrees is a rare new home community located near public transportation, major highways, and Bellevue’s downtown core. These modern townhomes are within walking distance to the new SoundTransit East Link Bel-Red/130th Station.

Comprised of 31 modern townhomes, this prestigious community from nationally recognized builder Pulte Homes offers low maintenance living in the heart of Bellevue. Seven contemporary floorplans are available, ranging from two-plus-bonus to four bedrooms. Presales started in April - and units are selling out fast.

We have been working closely with the listing agent. If you are interested to find out more please contact us as soon as possible.

(Photo and partial content courtesy of Pulte Homes.)

Seattle outdraws Manhattan as foreign investors bet on the office market rebounding

Seattle outdraws Manhattan as foreign investors bet on the office market rebounding

Seattle Modern Homes
Market, Invest

For the first time since the financial crash, Manhattan, NY slipped from its ranking as the top spot for foreign investment in American commercial real estate. Seattle, WA jumped to No. 1. As reported in Seattle Times recently - investors from other countries spent about $2.5 billion on commercial real estate in Seattle over the last four quarters.

The Seattle area has seen multiple high-dollar office tower sales in 2020, even as the office market nationally has sagged amid uncertainty about whether office workers will return to their cubicles. Recently another Facebook-leased Spring District building, Block 24, sold for about $200 million to the Canadian firm Brookfield Asset Management.

Bellevue Ranks in Top Ten for Best Cities to Live in America

Bellevue Ranks in Top Ten for Best Cities to Live in America

Seattle Modern Homes
Market, Invest

Bellevue, WA made the top ten list based on a survey recently taken regarding best cities to live in in America. Bellevue received an A+ for overall Niche grade, A+ for schools, and 4.5 stars out of 5 stars.

Per recent report from Downtown Bellevue Network - information from Niche describes the city as having a lot of restaurants, coffee shops, and parks, as well as highly rated public schools, and many young professionals. Niche ranking are based on analysis of key statistics from the U.S. Department of Education and reviews.

Other findings include Bellevue ranked #3 for having the best public schools in America, #5 for best cities for outdoor activities in America, and #6 for healthiest cities in America.

Amazon bringing 10,000 more jobs, new buildings to Bellevue

Amazon bringing 10,000 more jobs, new buildings to Bellevue

Seattle Modern Homes
Market, Invest

Amazon announced last week it is planning to bring 10,000 more jobs to Bellevue, in addition to 15,000 new jobs already planned for the city city. To accommodate the continued job growth, the online giant has secured an additional 2 million square feet of office space in downtown Bellevue by leasing new properties from Vulcan: 555 Tower and West Main. This is in addition to Amazon's own Bellevue 600 project - a 27-story office tower with new retail amenities and additional green space open to the community.

Home sales are soaring - is it a good time to buy?

Home sales are soaring - is it a good time to buy?

Seattle Modern Homes
Market, Invest

Sales of previously-owned homes in the U.S. rose 24.7 percent between June and July to a seasonally-adjusted annual rate of 5.86 million, the National Association of Realtors reported last Friday. The percentage increase represented a record and sales volume was also the highest the U.S. has seen since 2006. A recent MarketWatch article analyzed the current national market and listed a number of important factors consumers should consider when deciding whether this is the right time to buy or to trade-up.

Eight One Hundred Bellevue

Eight One Hundred Bellevue

Seattle Modern Homes
Condos, Invest

It appears downtown Bellevue is becoming the next South Lake Union. In addition to multiple office high-rises that are planned or are already under-construction, a number of mid- and high-rise residential buildings are also in the development pipeline.

The old Pagliacci Pizza site in Old Bellevue will now be the home of Eight One Hundred Bellevue - a cubic, modern-looking condo building with likely stunning views facing Meydenbauer Bay.

A summer of record-breaking prices for Washington homes

A summer of record-breaking prices for Washington homes

Seattle Modern Homes
Market

For those who have been following our red-hot local real estate market should not be surprised to hear home prices broke records in nearly every major Washington county last month. Homes are selling so quickly that 45% of buyers have made offers on houses they’ve never visited in person, according to research from Redfin. You can read the full report from Seattle Times and an interactive map showing price changes here.

Time to invest in Bellevue and the Eastside?

Time to invest in Bellevue and the Eastside?

Seattle Modern Homes
Market, Invest

A recent article (subscription required) by Marc Stiles from Puget Sound Business Journal reports more and more businesses are now thinking of moving from Seattle to the Eastside.

According to the article, commercial brokerages like the Broderick Group have been getting inquiries from “smaller professional service firms and sole proprietors in Seattle that want to move to the Eastside due in large part to the $200 million-plus annual corporate payroll tax that the city council recently approved.”

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