Seattle bulding permits

Street Cents
5:00 am
Tue August 7, 2012

Population growth and housing in Seattle: Going up, up, up!

1111 E. Pike is a six-story building with 26 residential homes and two commercial spaces.

As more people move into the Seattle area, the demand for housing goes up. And so does the style of housing with high-rise apartments and condos replacing older, stand alone homes. Real estate appraiser and educator Richard Hagar tells KPLU's John Maynard this trend is expected to continue, thanks to our relatively stable economy and mild weather. Both are factors for people moving here, as are the companies that continue to employ thousands of people such as Amazon and Microsoft.

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