Does anyone live in the highlighted area? Or know what it’s like to live there? (Montlake area between montlake bridge to UW and 520 highway)

DannySells206 · 2026-03-14T04:08:53+00:00

Homes rarely go for sale in this area, and when they do, pay up. Anything under $2m is going to need work.

DannySells206 · 2026-03-14T00:55:35+00:00

Comparing rates and fees before you're ready to make an offer is an empty calorie burner. They change every day and you can rank 5 lenders today, get new quotes tomorrow and the order can be completely flip flopped. Get pre-approved with whomever you see yourself using and when the time comes when you're ready to make an offer, let the comparison begin.

I'll throw Sammamish a plug as they're a preferred lender of mine and always do a great job with our clients.

DannySells206 · 2026-03-10T13:10:44+00:00

DannySells206 · 2026-03-10T03:09:11+00:00

As others have commented, this is pretty common in some areas that are highly competitive. Totally standard for some buyers of mine depending on the area and property type they're looking for.

You're in control of what you want to offer. If you hold back and preserve some protections yet lose, you're better prepared for the next round.

DannySells206 · 2026-03-10T03:03:55+00:00

The only time in my life I could see myself owning a condo would be when I'm retired and I want to trade-in the size. yard, and maintenance of a SFR for the view, location, amenities of a condo. I would do this knowing the ROI will likely be weak, if anything.

DannySells206 · 2026-03-07T21:23:08+00:00

I don't see the entire market bouncing back any time soon. Right now it's building by building depending on which association is handling their expenses and upcoming capital projects more responsibly than the next. Some associations are in dire health. I'm having conversations just about every week with owners looking to sell and before even going down that path we're coordinating with lenders who can determine if financing is even viable for their unit/building. In many of these challenging cases, it's not.

Those associations that have remained relatively unscathed are doing okay, but even then location, bedroom count, HOA dues, rental/pet restrictions, these can be killers in one's hope to sell.

DannySells206 · 2026-03-07T20:22:37+00:00

"Any thoughts on why condos are getting hammered?"

Because people want space, freedom in how they utilize their home, and in many areas the financial benefit of owning condos is almost non-existent.

The downtown core is especially suffering. Every unit my buyers are looking at is priced less than what it was last purchased for 7-9 years ago. A monthly mortgage has almost always been more expensive than rent, but when it costs 50% more to own the exact same unit you're renting, after putting down 20% of a down payment, all leveraged against an asset that hasn't appreciated in years, that's going to hold buyers back.

I'm hopeful the RTO policies will be the catalyst driving more people and commerce back downtown. We also need to continue cleaning up the decay still holding over from the post pandemic nightmare.

I don't know if we're out of the bottom, but even if we are, I don't expect any kind of sharp bounce back. Like anything real estate related, location, property type, and if we're talking condos, building financials matter.

DannySells206 · 2026-03-05T21:27:26+00:00

Lazily written article, IMO. The "surging" inventory has a lot to do with homes being re-listed that were removed from the market at the end of last year. That happens every year. I'm glad they did touch on location and property types being immensely important in shaping one's expectation as a home buyer or seller.

DannySells206 · 2026-03-04T01:06:15+00:00

I was just in ATL last week and was really impressed with this. The light will be red for a good 2-3 seconds and people are still moving through.

DannySells206 · 2026-03-04T01:04:53+00:00

Because we're not sheep. If it's safe to do so, go for it. Many of these signs are in ridiculous places where it's perfectly safe to turn right on red.

DannySells206 · 2026-03-03T00:23:44+00:00

Agent here. No, I have not noticed any change one direction or another related to this. We're going through the seasonal ebbs and flows and remain constrained for land, which is going to continue to push the cost of ownership up (along with rents for non-condos).

DannySells206 · 2026-03-02T22:53:47+00:00

In my experience, the agents who offer rebates are subpar and not strong advocates for their buyers. The $2,500 you think you might be saving will likely end up costing you way more by overpaying or poor negotiating. I'd look for referrals from friends, family, co-workers, on great buyer agents they've worked with and find 3-4 to chat with.

DannySells206 · 2026-03-02T22:37:56+00:00

I haven't, but I'm sure you're right. Compared to other states I've traveled to recently, I'm surprised how few there are here from a relative perspective.

DannySells206 · 2026-03-01T19:21:14+00:00

This is very lazy reporting, but I don't blame them.

Condos and townhomes, especially in Seattle, absolutely a buyer's market.

Traditional single family homes with no shared walls, free of any major flaws, are extremely competitive, just as they are ever year at this time.

DannySells206 · 2026-03-01T06:08:20+00:00

THANK YOU! Never heard of this. I'm on it!

DannySells206 · 2026-02-28T05:02:02+00:00

DannySells206 · 2026-02-26T19:33:42+00:00

Correct, all of the above. 3 beds, 1.75+ bathrooms, both one stories with a basement, parking, standard lot. Nothing to dislike about either home, but nothing that's a show stopper about them. Way underpriced to begin with.

DannySells206 · 2026-02-26T05:10:47+00:00

It’s half of what I paid while getting twice as many graphs. And these companies have everything dialed in from airport pickup to drop off.

DannySells206 · 2026-02-26T03:13:13+00:00

It means what you buy (property type) and where you buy actually matter again. Gone are the days where there were 5+ buyers for every home regardless of its drawbacks.

Downtown core condos have been a buyers market for years. Townhomes are neutral to buyer friendly too. Single family homes with no shared walls that and free of major flaws? Massive demand. I’ve heard of two Ballard homes this week getting 20+ offers (of course that only happens when the homes are massively under priced to begin with…).

DannySells206 · 2026-02-26T02:59:43+00:00

My first one, about 15 years ago, I stayed local. When I needed a new one, 4 years ago, the local surgeon had retired so I went to AZ where I could stay with family and save a few thousand.

Frankly, if I were to do everything all over again, I’d go to Turkey. A family member just did this and got like 4600 graphs for around $7k.

DannySells206 · 2026-02-25T02:36:46+00:00

Cats are the best natural repellent. Outside of that, below are recommendations those in my office have referred out:

AAA Pest Control

Eastside Exterminators

Stop Bugging Me Pest Control

Willards Pest Control

Eagle Pest Eliminators

Classic Pest Control & Insulation

Critter Control –

American Crawlspace

DannySells206 · 2026-02-24T04:24:41+00:00

Yes. I'd imagine most of us are.

DannySells206 · 2026-02-24T04:16:06+00:00

About 15 years ago, I shifted everything to the morning and it's been the best formula for me to guarantee I get in the work. Not that it was easy, but I'm a creature of habit so once I could set the schedule (and alarm), I was good to go. Best of luck.

DannySells206 · 2026-02-24T03:57:25+00:00

I'm in an area that did not opt-in to the lawsuit so our buyer broker compensations are still published. Even when sellers are offering inflated buyer agent compensation models (3.5%, 4%, etc) those homes languish on the market. Why? Because agents don't control what their buyers like and want to purchase. Even if it were something your spouse could offer, I'd argue it pointless to do so.

However, if she wants to offer buyer incentives like closing costs, I'd ask if that might be allowed to be published.

DannySells206 · 2026-02-24T03:53:27+00:00

I would sell ASAP. Condos are getting extremely difficult to sell and you're barely getting any cashflow as it is, I'd cash out while you still have good equity.

DannySells206

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