Redmond, Washington, is located at the northern end of Lake Sammamish and, thanks to Microsoft Corporation, Redmond has become one of the largest employment centers in what's referred to as "the Eastside" of Seattle. Although Redmond has a huge high-tech employment base, over 40% of Redmond's residents are in the finance/insurance/real estate/services sector. Retail has also exploded with almost 8,000 retail jobs emerging just in 1999.
Redmond's park system consists of 34 parks totaling over 1,350 acres and 25 miles of biking/hiking trails. Lake Sammamish is one of many for Redmond residents who can enjoy the lake from more than one of its waterfront parks. Snow skiing is only an hour east of Redmond. Many Redmond commuters enjoy having only a 15-mile commute from downtown Seattle. Two of Redmond's many communities include the Union Hill area east of Lake Sammamish which offers hundreds of homes on acreage, and Redmond Ridge, which has hundreds of new homes near the new Trilogy golf course.
There are 48 schools within the Lake Washington School District that serves over 150,000 residents in Redmond, Kirkland, and a portion of the city of Sammamish. Scores on standardized tests place the School District in the State's top 10%.
Redmond Real Estate Market: Prices of Redmond Houses for Sale
The real estate market in Redmond is both affordable and diverse. Many condominium complexes in Redmond offer athletic courts, clubhouses, and trails at prices starting from $80,000 - $850,000 in communities including Bridle Trails and Sammamish. Beautifully landscaped Redmond homes are available in Willows/Rose Hill, Redmond Ridge, Lakeside, Overlake, West Lake Sammamish, Gunshy Ridge, Marymoor, and Union Hill. Prices range from $110,000 to more than $2 million for estate properties with waterfront views. Land and lots are also available for custom building.
"Eric & Renee Reese and Cynthia Olsen : Real Estate Expert in Redmond, WA"
Eric Reese
Renee Reese
Cynthia Olsen
Coldwell Banker Bain
8862 161st Ave. NE - #103
Redmond, Washington 98052
Eric & Renee Reese and Cynthia Olsen: For excellent results for all your real estate needs, team up with Eric & Renee Reese and Cynthia Olsen in Redmond, WA. As a successful team that will attend promptly and professionally to all your real estate needs, your home buying or selling experience will be a success. They understand that constant communication is important for both your peace of mind and for your transaction. Eric & Renee Reese and Cynthia Olsen handle all the negotiating for you at the closing table so that you can enjoy your real estate experience.
Redmond Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $487,204 compared to $472,687 the previous week, showing a increase of more than +3%. For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Redmond WA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Redmond to help you find the best home!