Friday, August 3, 2018

Home prices and population skyrocketing

Richard and Eileen  Morris
Thousands of Microsoft, Nintendo and other employees commute into Redmond every day raising the daytime population almost three-fold.  Of course most prefer living in Redmond to avoid the commute and to live in the premier LW school district. Supply simply can't keep up with demand and prices are skyrocketing.  Typically a bidding war begins right after a house is listed with the deal closed within a week.

My long-time friend and neighbor Richard and Eileen Morris sold their Education Hill, 2490 sf house for an incredible $906,000. They purchased it in 1982 for $100,000.  I'm really going to miss them but it's his time to retire (and "get the hell out of dodge." as I like to say.)  He, like many old-timers was a passionate community volunteer.   Richard spent hours building-out the Redmond Historical Society website and was honored the "History Hero" in 2012,  I will miss them dearly but they're not far away!

B. Yoder

Redmond growth will accelerate for years.  Currently our resident population is close to 68,000.  According to city projections,78,000 residents are expected by 2030.
  

2 comments:

  1. Thanks Bob, for your kind words. We will miss the Ed Hill neighborhood, but retirement calls us to Pierce County for some country living.

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  2. You'll be missed Richard. I'll say hi to all for you and the RHS speakers program. Lots to come in the coming years....You sold at the perfect time!

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