Matrix News

Prices just dropped on the last five homes at Veer Lofts in South Lake Union. Open one-bedrooms from $273,000.  True two-story lofts from $353,000. FHA approved and ready for your move. Contact Dori Doble today or visit this weekend - ddoble@matrixrealestate.com 206.342.5905.  

One of our developers asked this week, why are we seeing higher priced homes moving now? Interesting question, given the doom and gloom in the media.

But we are definitely seeing this play out in our sales for July and August, with less sales and traffic at entry-level price points and more sales and traffic at our properties that are priced from $500K to $1M and up.

We put our heads together at Matrix and came up with these three reasons that higher priced homes are selling now:

Just reduced: true waterfront condos on Beach Drive in West Seattle. Now you can live on the water for only $474,950. That's for a two-bedroom/two-bathroom condo with Puget Sound waterfront. Tour with your agent or call for an appointment, Steve Snider 206.714.2404. www.beachdrive8.com

Lakeview Residences are 50% sold with only three luxury Lake Union view homes remaining. Private elevator service to each home; views from the kitchen, living and dining rooms; sumptuous master suite with marble-tiled spa bathroom. From $634,950. Visit www.Lakeview6.com and stop by this Sunday 11 to 3 for a personal tour.

Temperatures are going down, and so are the prices at Trace Lofts. New price reductions are up to $110K off original prices. Courtyard-view homes are priced from $234,950, and city-view homes from $299,950. Visit this weekend, open Sat-Wed 12-6 at 1414 12th Ave, Seattle. www.tracelofts.com

This Saturday the 2nd annual Taste of Main event takes over Main Street in Downtown Bellevue from 11 a.m. to 5 p.m. This charity benefit features live music, tastes and wine from local businesses. While you're there, visit One Main Street Condominiums for a bottled water and tour our model homes.

Own a condominium home for $799/month at Whispering Brook Condominiums in Des Moines, WA. New seller. Crisp new look. New pricing. One bedrooms from $94,950; two bedrooms from $119,950. Located conveniently to the charming Des Moines waterfront, and a quick southend commute via Hwy 99 or I-5. Visit our furnished model homes today! www.WhisperingBrookCondos.com

Experience residential living in an intimate boutique setting at One Main Street condominiums. Located on the quiet west side of Downtown Bellevue, One Main Street is surrounded by unique shops and restaurants, and within a block of Downtown Park and Meydenbauer Beach Park. Our featured homes of the week have prices reduced up to $150K. Visit this weekend, www.OneMainStreet.com.

The Pike Pine neighborhood's 12th Avenue Festival is happening this Sunday with food, music, drinks and a chance to win a TraceTastic prize package worth over $350 (visit the Trace booth to enter). Catch the fun this Sunday noon to 6 p.m. on 12th Avenue in Seattle, between E. Pike and Madison. www.12thAvenueFestival.com

The South Lake Union Block Party is happening this Friday from noon to 11 p.m. at the South Lake Union Discovery Center and park. This free family-friendly event will feature food from area restaurants, a farmers market, grilling competition, beer garden, wine tasting event, movies and more. Stop by the Matrix booth and say hello while you're there. Get all the details: http://www.slublockparty.com/