Matrix News

Grand Opening for our Latest Client, JK Monarch

Matrix is proud to announce the grand opening of our newest community, marking the start of a new client relationship with JK Monarch, a local single-family home building company.

Jonathan Bartels, JK Monarch's CEO and Executive Manager, is also a client on our project, Galloway Townhomes and Condos in  the Renton Highlands. Jonathan was pleased with the sales and marketing services that Matrix provided at Galloway, so he and Mike Christensen, President, brought us on board to work with the team at JK Monarch.

Just Listed: Northwest Style Contemporary in West Seattle

New on the market: Northwest contemporary in West Seattle's premier neighborhood, just off Sunset in North Admiral. Impressive for entertaining, yet comfortable for everyday living.

Homeowners arrive on the first level, with an attached two-car garage that opens to a lower level bonus room with wet bar, plus a guest room and bathroom.

Market News

Housing Affordability Holds Steady in Fourth Quarter

NAHB, WASHINGTON, Feb. 20 - Slightly lower median home prices along with a small uptick in mortgage rates contributed to housing affordability holding steady in the fourth quarter, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today.

In all, 64.7 percent of new and existing homes sold between the beginning of October and end of December were affordable to families earning the U.S. median income of $64,400. This is virtually the same as the 64.5 percent of homes sold that were affordable to median-income earners in the third quarter.

Strong Single-Family Growth will Fuel Housing in 2014

by NAHB, LAS VEGAS, Feb. 4 - Led by a resurgence in single-family production, housing will continue its climb toward higher ground in 2014, but builders are still confronting several challenges that could hinder the pace of the ongoing recovery, according to economists speaking at the National Association of Home Builders (NAHB) International Builders' Show (IBS) in Las Vegas today.

"My single-family forecast for 2014 is pretty aggressive--822,000 starts which is likely 200,000 more than 2013," said NAHB Chief Economist David Crowe. "There are five key points to the turnaround. Consumers are back, pent-up demand is emerging, there is a growing need for new construction, distressed sales are diminishing and builders see it."

Featured Properties

New Listing: Opportunity Atop Queen Anne Hill

First Open House this Sunday, 2/16 from 12 to 3 p.m. - this classic Seattle house is move-in ready and partially remodeled - meaning is has great upside potential.

Sought-after location atop Queen Anne Hill, on quiet 2nd Avenue West, but just two blocks off Queen Anne Avenue for easy access to local shopping and dining.

Just Listed: Lake Sammamish View Estate

Sweeping views of Lake Sammamish from this estate home on .75 acre, one of the few view homes at Rock Meadow Farm. A spacious 3,775 sq. ft. home with four bedrooms, two full bathrooms plus a powder room, three separate decks, formal living room with cathedral ceiling, formal dining, family room.

Luxury features throughout including extensive granite countertops, crown molding, and lake views from three of the four bedrooms including the master. Attached three car garage with no internal posts.