Matrix News

RM Homes Announces New Community Opening in Sultan

RM Homes, a Puyallup-based homebuilding company, announces the grand opening of Wildwood Trails, a new home community in Sultan, WA. Buyers are showing strong interest in this community, with four pre-sales prior to the grand opening.

Wildwood Trails is an established new home community in the beautiful Sky Valley, set against a treed backdrop on the hillside about the small town of Sultan, WA. Heading up Sultan Basin Road to the community, the drive home offers beautiful views of the Cascade Mountains and foothills. Arriving at Wildwood Trails, potential buyers will find plenty of open space including mature trees and landscaping, and community open spaces and play areas.

New Oyhut Bay Website Launch

Congratulations to our client Anastasiou Development and our marketing partner Fusion Happens for the launch of the new website for the resort community of Oyhut Bay, http://oyhutbay.com/.

The new website has robust information on the beach homes and cozy cottages, including a site map, location map, and fun things to do in and around Oyhut Bay and Ocean Shores.

Market News

More Than Half of Young Millennials Move Back in With Parents NAHB Analysis Reveals Significant Pent-up Housing Demand from Key Demographic

via NAHB: WASHINGTON, Feb. 10--A recent study of "Boomerang Millennials" who move out of their parents' home only to move back in may have important implications for this key demographic and what it means for the housing market.

The National Association of Home Builders (NAHB) examined recent research conducted by Judith Dey and Charles Pierret using data from the National Longitudinal Study of Youth 1997. The examination found higher incidence of "re-launch" for Millennials with a Bachelor's degree compared to those with a lower education attainment and higher incidence of "re-launch" for Millennials from higher parental income household compared to lower parental income households. A "re-launch" occurs when a young adult moves out, returns to the parental household, and then leaves again.

New Home Sales Rise 11.6 Percent in December

via NAHB: WASHINGTON, Jan. 27 - Sales of newly built, single-family homes rose 11.6 percent in December to a seasonally adjusted annual rate of 481,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

"This uptick is in line with what our builders are telling us in surveys and on the ground -- that they are seeing increased traffic and more serious buyers in the market for single-family homes," said Tom Woods, chairman of the National Association of Home Builders (NAHB) and a home builder from Blue Springs, Mo.