Blog Articles

All the latest news articles and market trends of the Seattle Real Estate Market. If it is happening in Seattle it is happening on the Stroupe Group.

1521 Second Averaging One Home Sale per Week!

Nyhus sent out a news release yesterday stating that Fifteen Twenty-One has been:

…a beehive of unit closings, homeowner move-ins, construction punch-lists and new homebuyer tours.

138 out of the 143 total homes sold during the presale process with an expectable amount of attrition to follow.  There have now been 63 of a 120 pending which have now closed.  The remaining units are scheduled to close in the next several weeks/months depending on time of customization buyers had made.  More good news is that several unit appraisals have come in higher than purchase prices.

“Fifteen Twenty-One Second Avenue is unique and continues to demonstrate impressive demand today–just like it did during presales,” say Jones (Dean), who is representing the project.  “Buyers can separate individual developments from generalizations about the broader Seattle marketplace.  Success stories such as this demonstrate that real estate is, and always well be, intensely local.”

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