New permit data show a 33% decline in permits in the Seattle metro area in the first quarter of 2025 compared to the same period last year.

Governor Bob Ferguson has signed HB 1096 into law, legalizing residential lot splitting across the state. After three years of advocacy, this landmark reform creates a straightforward, administrative process for homeowners and homebuilders to divide a single lot into two.

Housing inventory in King and Snohomish counties has improved slightly but remains below healthy market levels, with King County at 1.9 months' supply and Snohomish County at 1.4.