Matrix News

New York Times Travel Takes on Seattle

Seattle looks so vibrant and hip in this New York Times Travel piece, we want to visit -- good thing we're already here.

http://www.nytimes.com/2014/11/23/travel/things-to-do-in-36-hours-in-seattle.html?ref=travel&_r=0

Our Latest Client Launch: Salt Ballard Condos

Matrix is pleased to announce the launch of our newest development, Salt Ballard Condos by InHaus Development of Vancouver, BC.

This boutique, contempory building will have just 38 residences. One, two and three bedroom condos and live/work townhomes will be available from the $300s. Construction is slated to start this spring, and sales will start this fall.

Market News

Builder Confidence Rises Four Points in November

via NAHB: WASHINGTON, Nov. 18 - Builder confidence in the market for newly built single-family homes rose four points to a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.

"Growing confidence among consumers is what's fueling this optimism among builders," said NAHB Chairman Kevin Kelly, a home builder and developer from Wilmington, Del. "Members in many areas of the country continue to see increasing buyer traffic and signed contracts."

Single-Family Production Poised to Take Off in 2015

NAHB - WASHINGTON, Oct. 31 -- A growing economy, rising household formations, low mortgage rates and pent-up demand will help single-family housing production to rev up in 2015 while a growth in renters will keep the multifamily market at cruising altitude or higher, according to economists who participated in yesterday's National Association of Home Builders (NAHB) 2014 Fall Construction Forecast Webinar.

"Single-family builders are feeling good. They are not overly confident, but confident enough to keep moving forward," said NAHB Chief Economist David Crowe.