Before We Were All Priced Out Forever
June 15th, 2008 @ 12:48 am by Cliffe | Sorted Miscellaneous |
He’s a loyal Vintage Seattle reader, commenter, contributor… and he’s my neighbor.
I’m speaking, of course, about Richard P. Hill. After sharing his old growth postcard
in March, RPH is back. This time around he sent along this interesting piece of Seattle Times copy showing relative area real estate prices in 1978. Thanks Richard. Don’t forget that you too can share your vintage with us by e-mailing me
Going through some old boxes, I came across this Seattle Times real estate report from Sept.
3, 1978 that I saved. I thought you’d enjoy seeing not only how much values have increased, but also by greater proportion in closer in neighborhoods.
I bought a house in Lake City in late ’77 when average values there were more than Ballard, Wallingford, or Queen Anne – probably because the houses were newer and on bigger lots – and because gas was 62 cents a gallon, and I-5 was years before its now
common everyday gridlock. If we had only known then what
we know now. At the time, Lake City seemed close in and you could get downtown in 10 minutes.
And, who wanted to buy a run down fixer upper on Queen Anne
? If only.
Richard P. Hill
Via E-mail 6/12/2008
| Seattle Times real estate report, September 3, 1978. Courtesy Richard P. Hill.