Archive of new construction

04Aug2008

Navigating New Construction

It’s amazing to see all the new construction or conversion condominium projects either underway, being planned or recently completed in downtown Bellevue!

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02Jul2008

What is the definition of “new”?

Condominium buyers desiring to purchase in a new construction condominium often choose to do so in order to be the first owner in a never-lived-in home. One drawback is that the property may not be ready for occupancy as readily as a traditional resale property.

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25Jun2008

Downtown Bellevue Condo Absorption

I have been tracking ratios and absorption rates for downtown Bellevue condos (in addition to other eastside areas) since about August of 2006. I separate out the number of new construction from resale condominiums and have seen an interesting trend in the past several months.

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