Enso Update
Received information today that Enso Condominium is expecting to begin closings and move-ins before the end of the year. According to a buyer update, Enso buyers will be receiving closing notices within the next 15-25 days. This is great news for Enso buyers who’ve been waiting and waiting to close. It was previously indicated that Enso/Vulcan was holding off closings until they could close more than 50% of the units.

Latest pricing changes and incentives
Brix - Capitol Hill Brix is hosting a happy hour this Friday, November 20th, from 5 pm to 7 pm at Townhome #128 on the 10th Avenue side of the building. Refreshments and model home tours will be available. Brix, which sold phenomenally well at auction, has released another set of homes for sale. Home 514 - Open one Bedroom (523 sq ft, HOA dues $248.51) Priced at $239,000 (was 349,900) Home 314 - Open one Bedroom (547 sq ft, HOA dues

Condo Bulk Buy sells two-thirds of initial release
Condo Bulk Buy Press Release: Realogics Brokerage, LLC. announced their bulk sales program has already generated 20 home sales out of a 30-unit release at two participating developments: The Decatur on First Hill; and Eleven Eleven East Pike on Capitol Hill. Sales volumes exceed $5 million. The two projects previously had no sal

Home Buyers Tax Credit: Extended, Expanded
In an effort to continue pushing the nation’s economy along the road to recovery, President Obama recently signed a bill that extends the first-time home buyer tax credit and expands the credit to include more buyers. Previously, the $8,000 first time home buyers tax credit was set to expire on November 30, 2009 but has now been extended, uninterrupted through April 30, 2010. A second credit of up to $6,500 has been added allowing existing homeowners to “move-up” and take advantage of the incentive. EXTENDED: First-time buyers who have not owned a home in the past three years are eligible for up to an $8,000 tax credit. Tax c

Weekly wrap-up
Heron and Pagoda Towers The Seattle Times reports that Heron/Pagoda Towers developer Multi Capital Group has lost part of the property through foreclosure. A developer who had proposed a $900-million, twin-tower development across Fifth Avenue from the Westin Hotel in downtown Seattle has lost part of the property to foreclosure. New York lender G4 Capital Partners took title to about half the site of the proposed Heron and Pagoda towers this week, according