The concrete jungle -- Big business in condos show a softer side in Seattle
Jun 19 by The Law add commentIn my last New Condos Online blog I talked about the recent growth that the Seattle condo market was experiencing. The Seattle condo market is doing very well with sales when compared to general trends domestically. A somewhat recent hotspot went cold, the condo market in Miami has seen a very drastic recession in the last 2 years and that has mainly been due to a declining market, a weakening economy and too many units flooding the market -- too many units for not enough interested buyers. While stats and figures are fun to toss around, I wanted to get to the deeper side of life today.
Imagine, if you will..... you live in a old run down neighborhood in Seattle and amid a spurt of gentrification by the cities partnership with corporate condo builders, you were given the option to move out for a nice cash settlement. You might be tentative at first but after seeing your neighborhood transform from old and wilted to tower concrete edifices, you might take the offer.
Not Edith Macefield.
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Not with the first offer of a place to live and hundreds of thousands of dollars for the inconvenience.



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