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Condo King County Weekly Sales Ratios for Mar. 26th, 2008

March 29, 2008 by  
Filed under Uncategorized

Condo Only, NWMLS Area 701 (Belltown & Downtown Seattle)
3-26-08 weekly stats
3-26-08 odds

Waterfront Place – 1009 Western Ave., Seattle, WA 98104

March 26, 2008 by  
Filed under Uncategorized

waterfront place

Address: 1009 Western Ave., Seattle, WA 98104
Neighborhood: Downtown


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Located on the corner of Madison and Western, Waterfront Place is a 13-story Class-A office building with 18 residential condominiums. The building is within a close proximity to Pike Place Market, Pioneer Square, and located one block from the Seattle Ferry Terminal. The building also includes restaurant and retail space. In addition to it’s unique location, the building also features a beautiful landscaped courtyard and luxurious lobby. Homes rarely hit the market making Waterfront Place one of Seattle’s most cherished residences.


  • Year Built: 1983
  • Number of Units: 18
  • Number of Stories: 13
  • Exterior: Cement/Concrete, Stucco
  • Parking: Common Garage
  • Pets: Subj to Restrictions
  • H/O Dues Included: Garbage, Water/Sewer
  • Common Property Features & Amenities: Cable TV, Elevator, Fire Sprinklers, Lobby Entrance


  • Arte Forma Designs
  • Asian Style
  • Experience
  • Federal Office Bldg
  • Ivar’s
  • John’s Wok on Western
  • KidsCentre
  • LaBrash
  • McDonald’s
  • Modele’s Home Furnishings
  • Nijo Sushi Bar & Grill
  • Okinawa Teriyaki
  • Ye Olde Curiosity Shop



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*Data is deemed to be reliable, but not guaranteed. In some cases, number of units may include commercial and residential spaces and/or height may or may not include a 13th floor.

Is a Fed rate cut really good news for mortgage rates?

March 25, 2008 by  
Filed under Uncategorized

There’s been a lot of news regarding Fed rate cuts and thought those of you who may be considering these cuts as the right time to refinance should get some additional information before calling your mortgage officer. In a recent CNBC article, Barry Habib explains how Fed rates and mortgage rates differ.

The bottom line is that it appears mortgage rates will get better if the stocks sell off and will get worse if the stocks rally. So it is not necessarily what the Fed does that affects mortgage rates, it’s how the Nasdaq and broader stock market interprets the Fed’s action that will ultimately influence the direction of mortgage rates.