Tuesday, February 24, 2009

Bellevue is growing

Did anyone notice the article in the Seattle PI last week titled "Bellevue condos still selling well"? Amazingly, the Bellevue Towers condo project, which are 42 and 43 stories tall, is going strong, even in our difficult economy. They have reportedly sold 180 of their 534 units. These aren't cheap units! They sell between approximately $500,000 to $9 million and the average unit is slightly over $1 million.

The population for downtown Bellevue is also growing, up 73% from the year 2000. Last year there were 5000 residents and the city is projecting that by 2010 it will increase to 9800, by 2020 to 10,989 and by 2030 they project 14,914 residents in the city. All you have to do is look at all the cranes in the downtown area to see that the Bellevue economy is booming!

If you are considering moving to downtown Bellevue, give me a call and I will help you find just the right match for your style and pocketbook.