NEWS & BLOG

Breaking news and resources from across the industry.

MBAKS Blogs:
Homeowners
  • Builders Bulletin: Continued Multifamily Permit Growth

    by User Not Found | Oct 26, 2021

    Homing in on Our Region's Housing Statistics

    Multifamily permits jumped again in King County—a 113% increase over the average for the last 12 months. King County was joined this month by a spike in Pierce County multifamily permits (247% over average) and modest growth in Snohomish County multifamily permits (8% over average). 51% of housing permitted for the month in the three-county region was in buildings in King County with five or more units. Two-unit building permits are also up 87% over average in King County, possibly due to local ADU policy reforms. Single-family permits remain fairly stable, with slight month-over-month increases in Snohomish and Pierce that are nonetheless at or below the 12-month average for those counties. 

    Please contact data@mbaks.com with questions or feedback. We want to know what data would be useful to you!


    Months' Supply of Housing Inventory

    As of September 2021

    icon showing a house for sale King County had 0.68 months' supply of inventory (down from 1.12 months' of inventory a year ago).
    icon showing a house for sale Snohomish County had 0.48 months' supply of inventory (down from 0.56 a year ago).

    Many industry analysts consider a four-to-six-month level as an indicator of a healthy market.

    Source: Northwest Multiple Listing Service

     

    Median Home Price

    September 2021

    icon showing a price tag The median price of single-family homes and condos was $745,000 in King County and $650,000 in Snohomish County.
    icon showing a price tag For single-family homes only, the median price in King County rose 9.55%, from $753,600 a year ago to $825,600. The median price in Snohomish County rose 18.42%, from $569,997 to $675,000.
    icon showing a price tag In Seattle, the median price of single-family homes and condos was $765,000. The median price for single-family homes only was $850,000, a 3.66% increase from $820,000 in September 2020.

    Source: Northwest Multiple Listing Service

     

    Building Permit Activity

     

    Jobs

    icon showing a hand holding a hammer The seasonally adjusted Washington unemployment rate for September 2021 is 4.9%; for Seattle/Bellevue/Everett, it is 4.8%.
    icon showing a hand holding a hammer Construction employment in Washington increased by 3,600 between August 2021 and September 2021. Total construction employment is 229,500 statewide and 110,000 for Seattle/Bellevue/Everett specifically.

    Source: Employment Security Department: WA Employment Estimates (Seasonally Adjusted), September 2021 and Bureau of Labor Statistics.

     

    Population

    icon showing a group of people The Puget Sound region's population as of April 1, 2021 was 4,330,400. Over the past year, the region added 66,200 people, as follows:
     

    King County

    +32,500

    Kitsap County

    +3,400

    Pierce County

    +16,400

    Snohomish County

    +13,900

    Source: Office of Financial Management

    Icons made by Freepik from flaticon.com

  • How Longer Remodel Timelines can Actually Benefit Homeowners

    by User Not Found | Oct 21, 2021

    Q: After spending a lot of time at home during the pandemic, we’re eager to start a remodel project to make our space work better. What should we prepare for in these unique times?

    A: Seattle-area homeowners looking to remodel have been shocked to discover significantly longer timelines all around. Even scheduling an initial conversation with a company or contractor can take weeks.

    Unfortunately, the remodeling industry has been hit hard by the pandemic, a skilled labor shortage and manufacturing supply issues. Local projects that once took a couple of months can now stretch on for six or seven months, sometimes even longer. If you’re planning to remove walls or relocate plumbing, you’ll need a building permit. In Seattle, the permitting process used to take six to eight weeks. Now, some contractors are waiting 16 to 18 weeks due to a massive backlog at the Seattle Department of Construction & Inspections.

    But there is hope. Despite these challenges, many homeowners are still succeeding with remodeling projects. The first step is accepting the reality of longer wait times to get started, design and build. Once you adjust your expectations, you can focus on the benefits — yes, benefits — of longer timeframes.

    Define what your home actually needs

    Most well-qualified Seattle designers and design-build companies are booked months out. While you await your first consultation, you can take advantage of the time by undertaking a major decluttering project. 

    One of the biggest challenges facing homeowners is a lack of storage space, but sometimes it’s less about storage and more about holding onto things you don’t really need. Instead of remodeling around clutter, make sure the stuff you want to store is actually worth it. It may seem trivial, but the last thing you want to do is commit to extra storage or cabinetry for items you don’t need or want anymore. Develop new spaces around things you use and enjoy. Maxing out cabinetry and closets to avoid a major home organizing project often results in wasted time and money. 

    Dial in your design

    When undertaking a remodel, hiring a professional interior designer to help is beneficial, especially for major projects that remove walls and relocate plumbing. Even with hundreds of hours of HGTV under your belt, there’s no substitute for a trained professional. There are many Seattle-based interior designers to choose from, and design-build firms have both designers and builders under the same roof so you can work with one company for the entire project.

    Hiring a designer will increase your initial budget but will also help you avoid the cost of fixing mistakes after construction begins. Local designers also have access to more products than what’s available in big-box stores — which are usually of higher quality — and can confidently recommend selections because they know and trust the manufacturers or have used similar products in other projects. These recommendations can save you time and money in the long run and reduce the stress associated with choosing fixtures and design elements.

    Focus on connection and communication

    A longer timeframe will allow you and your designer to get to know each other. Qualified designers can produce better design results when they understand the client and their intentions for their new space. Connect frequently with your designer during the wait so you’re aligned about what the project needs to be successful.

    Once construction is underway, insist on regular updates — even if the work is postponed due to a permitting backlog or a materials delay. While no news may feel like good news, stay connected so the builders are aware of changes in the home or project scope. 

    Sometimes a construction delay can give you time to experience your space in the in-between stage. We once had a client decide they actually loved the rustic look of a new support beam — so they took the liberty of staining the beam themselves. Without regular communication, we would have ordered materials and scheduled staff to enclose the beam as originally planned. By reaching out to us, the client saved everyone time and money. (And, for the record, the beam looks incredible!)

    Longer timelines may test your endurance, but when homeowners choose the right builder, the discomfort and annoyance of waiting can be successfully managed. My advice to any homeowner considering a remodel: Take a deep breath, muster all of your patience and commit to pursuing your vision and dream for your home.

    Teri McDermott is CEO and owner of CRD Design Build, a member of the Master Builders Association of King and Snohomish Counties (MBAKS). If you have a home improvement, remodeling, or residential homebuilding question you’d like answered by one of the MBAKS’s more than 2,700 members, write to homework@mbaks.com.

  • How to protect your pets when you're at work

    by User Not Found | Oct 07, 2021
    CatioSpaces3
    Q: During COVID-19 closures, my partner and I could watch our pets while we worked from home. Now that we’ve returned to the office, I worry about the animals. How can we make sure they stay safe while we’re away?

    A: October is National Animal Safety and Protection Month, a perfect time to review ways to keep pets safe, healthy, and happy at home. By observing a few safety measures and making some light modifications to the home environment, pet owners can avoid unnecessary — possibly costly — trips to the veterinarian and keep their beloved four-legged family members safe and happy year-round.

    When left unattended, pets may encounter a variety of hazards that can harm their health and wellbeing. The most common dog and cat injuries include consumption of toxic substances or indigestible objects, bite wounds, fractured teeth, knee ligament tears, abscesses, and lacerations. Many of these maladies are preventable. It comes down to keeping pets out of places they don’t belong. 

    Here are eight tips for protecting your pets, indoors and out.

    Add a dog fence or a catio (an outdoor cat enclosure) to contain your pets. An enclosed outdoor haven gives pets a safe way to enjoy nature while giving you peace of mind.

    Add childproof latches to cupboards. Closed, inaccessible cabinets keep food and its wrappings, cleaning products, chemicals, laundry supplies and trash safely out of reach.
    Safely store choke hazards. Put away toys, games and craft supplies, and keep all accessible surfaces free of knickknacks, medications and cosmetics. 

    Keep toxic plants out of reach, both indoors and out. Refer to the toxic and non-toxic plants list compiled by the American Society for the Prevention of Cruelty to Animals (ASPCA), which can be found at aspca.org/pet-care/animal-poison-control/toxic-and-non-toxic-plants.

    Keep garage floors and driveways clean. Eliminate the temptation for pets to lick lethal antifreeze, spilled chemicals, or other harmful substances.

    Tag and microchip your pet. This digital identification helps neighbors, veterinarians, and animal control reunite you with pets that have escaped from your home.

    Add pet alert static decals to windows near your home’s entry. In emergencies, they alert personnel to retrieve pets if you are unable to or are away from home.

    Include pets in preparedness and evacuation plans in the event of a disaster. ASPCA has a disaster preparedness checklist for pet safety here: aspca.org/news/disaster-preparedness-checklist-your-pets.

    Protecting pets is a responsibility of every household member. Keep this in mind when creating or modifying a home that caters to your pets’ needs, comfort, stimulation, and safety. You are also encouraged to stay proactive with keeping animals current on immunizations, learning basic first aid for pets, scheduling regular wellness visits to their veterinarian, and noting any behavioral changes.

    As valued family members, pets add so much joy to our lives. Let’s return the favor by making sure they’re safe.

    Cynthia Chomos is a feng shui consultant and the founder of Catio Spaces in Seattle, a member of the Master Builders Association of King and Snohomish Counties (MBAKS). If you have a home improvement, remodeling, or residential homebuilding question you’d like answered by one of the MBAKS’s more than 2,700 members, write to homework@mbaks.com.
  • Built Green Project of the Year: Crown Hill DADU

    by User Not Found | Sep 29, 2021

    Small in size but high in quality, this net-positive DADU is a recent winner of a 2021 Dept of Energy Housing Innovation Award, as well as the 2021 Built Green Hammer Project of the Year Award. Constructed for future generations of the homeowner’s family, this 500 SF home will provide a comfortable, efficient dwelling for many years to come.

    Vital Stats

    Section

    Points

    Location: Seattle
    Star Level: 5-Star, Net Zero Energy Label
    Checklist: 2018 Single Family/Townhome
    Verifier: Evergreen Certified
    Site and Water 132
    Energy Efficiency 230
    Health and Indoor Air Quality 150
    Material Efficiency 106
      Total Score 731
     

    Targa Homes 5-Star Seattle DADU exterior

    Built in place of an existing garage, the concrete slab was saved and reinforced for the new 2-story structure. Targa Homes was able to use an almost entirely FSC-certified framing package; wood harvested from the highest level of responsibly managed forests. The living unit is substantially airtight using a high-grade housewrap with taped seams as well as AeroBarrier air sealing process. Blower door testing showed the home to be under passive house (PHIUS) required air tightness of 0.05 CFM/SF of envelope. Triple pane windows and blown-in fiberglass insulation complete the above-code envelope.

    Targa used a unique combined heating/cooling and ventilation device in this home called the Minotair Pentacare V12. This advanced machine brings in fresh air and exhausts stale air, much like an HRV/ERV, but with an internal heat pump it also heats and cools the living space. Appropriate for smaller, low load homes like this, it’s the only HVAC equipment needed. The Pentacare also features HEPA filtration. Airtight homes paired with fresh filtered outdoor air result in superior indoor air quality which is a focus for Targa Homes.

    Targa Homes 5-Star Seattle DADU kitchen
    Targa Homes 5-Star Seattle DADU outdoor stairs
    Targa Homes 5-Star Seattle DADU Minotair Pentacare V12 unit
     

    With an optimally pitched, unshaded South-facing roof, Targa was able to convince the homeowner to invest in a 5.85 kW solar PV array. Modeling and HERS rating by Evergreen Certified showed that this would be net-positive energy home, providing more than the total power needs for the all-electric home on an annual basis. That extra power is allowed by Seattle City Light to be put toward the main homes usage or can charge the new EV that the owners bought after construction was complete.

    Interior finishes were chosen with an emphasis on sustainability and indoor air quality. Comfortable cork flooring runs throughout the home and sustainably manufactured Paperstone countertops were chosen for the kitchen. All paint and coatings are low or zero VOC.

    Targa meticulously source-separates construction waste for recycling, including plastic film and styrofoam which are accepted for recycling at King County waste facilities.

    Targa Homes 5-Star Seattle DADU unfinished exterior

     
  • Getting past the fear of starting a remodel

    by User Not Found | Sep 23, 2021
    Mighty House-Bruno Remodel-Hartman_Studio

    Q: Our home is in desperate need of kitchen and bathroom updates, but we’re really anxious about hiring the right contractor to make sure we get the results we want at the price we want. Any advice?

    A: At some point, most homeowners will need to hire a remodeler or contractor. Whether your home needs a structural overhaul, routine repairs or an update — kitchen, bath or whole-house — hiring a contractor can be scary. We’ve all heard horror stories about jobs going over budget and over time, with low-quality workmanship and disappointing final products. These experiences, passed around over the years, have made homeowners understandably wary of the word “remodel.”

    “Often, clients come to us with project ideas like replacing countertops, mirrors, fixtures and flooring in their bathroom, but hesitate to refer to their project as a ‘remodel,’” says Laura Elfline, co-owner of Mighty House Construction in Seattle. “But regardless of the size of your project or what you want to call it, the process doesn’t have to be scary.”

    Contrary to the rumors, she says, there are honest and caring contractors out there who pride themselves on customer satisfaction. The key is to find a contractor who will work side-by-side with you to create a detailed scope of work.

    When it comes to major home remodels such as a kitchen or bathroom, or any project too large for a handyperson, Elfline recommends also hiring a designer. A good contractor and design team can help find the sweet spot that balances budget, aesthetics and function.

    “Working with a designer is extremely useful. Having all of your ducks in a row before starting the project eliminates the anxiety of time and budget overruns, or other unforeseen developments,” she says. “Even when projects seem simple, designers can identify hidden nuances that may impact the space before the project begins, show you what you’re asking for ahead of time and, perhaps most important, get everyone on the same page on the expected final outcome.”

    If you are interested in pursuing a remodel, start by talking to a trusted professional before attempting major renovations on your own. A good contractor should be transparent with you and provide credentials and references, so you feel comfortable hiring them. 

    And do your homework beforehand. Educating yourself on the process and researching prospective contractors will result in fewer surprises and a clearer understanding of the project, greatly decreasing your chances of a stumbling into a remodeling nightmare. With the right preparation, you don’t have to fear the remodel.

    Jill Williams is a writer with Mighty House Construction, a member of the Master Builders Association of King and Snohomish Counties (MBAKS). If you have a home improvement, remodeling, or residential homebuilding question you’d like answered by one of the MBAKS’s more than 2,700 members, write to homework@mbaks.com.

  • Builders Bulletin: King County Permits Rebound

    by User Not Found | Sep 22, 2021

    Homing in on Our Region's Housing Statistics

    King County multifamily construction is on the upswing after three months of depressed permits following the implementation of the 2018 Energy Code. 91.7% of those multifamily units—and all of the multifamily growth in King County—are in buildings with five or more units; permits for two- to four-unit housing remain low. King County single-family permits have also hit a high for the year, although it is slightly lower than permit numbers at the same time last year. With less than one month of supply in both King and Snohomish counties, more housing production is desperately needed.

    Please contact data@mbaks.com with questions or feedback. We want to know what data would be useful to you!


    Months' Supply of Housing Inventory

    As of August 2021

    icon showing a house for sale King County had 0.62 months' supply of inventory (down from 1.16 months' of inventory a year ago).
    icon showing a house for sale Snohomish County had 0.49 months' supply of inventory (down from 0.69 a year ago).

    Many industry analysts consider a four-to-six-month level as an indicator of a healthy market.

    Source: Northwest Multiple Listing Service

     

    Median Home Price

    August 2021

    icon showing a price tag The median price of single-family homes and condos was $771,750 in King County and $667,410 in Snohomish County.
    icon showing a price tag For single-family homes only, the median price in King County rose 14.41%, from $742,950 a year ago to $850,000. The median price in Snohomish County rose 25.21%, from $555,000 to $694,900.
    icon showing a price tag In Seattle, the median price of single-family homes and condos was $799,000. The median price for single-family homes only was $875,000, a 6.06% increase from $825,000 in August 2020.

    Source: Northwest Multiple Listing Service

     

    Building Permit Activity

     

    Jobs

    icon showing a hand holding a hammer The Washington unemployment rate for August 2021 is 5.1%; for Seattle/Bellevue/Everett, it is also 5.1%.
    icon showing a hand holding a hammer Construction employment in Washington decreased by 1,600 between July 2021 and August 2021. Total construction employment is 224,200 statewide and 107,300 for Seattle/Bellevue/Everett specifically.

    Source: Employment Security Department: WA Employment Estimates (Seasonally Adjusted), August 2021 and Bureau of Labor Statistics.

     

    Population

    icon showing a group of people The Puget Sound region's population as of April 1, 2021 was 4,330,400. Over the past year, the region added 66,200 people, as follows:
     

    King County

    +32,500

    Kitsap County

    +3,400

    Pierce County

    +16,400

    Snohomish County

    +13,900

    Source: Office of Financial Management

    Icons made by Freepik from flaticon.com

  • 2021 General Endorsements

    by User Not Found | Sep 17, 2021

    Each election cycle, our Affordable Housing Council (AHC) interviews candidates at the city, county, and state levels to determine their degree of support for our industry.

    The following candidates have received an AHC endorsement for the 2021 election cycle. 

    Ballots will be mailed out Friday, October 15 and are due Tuesday, November 2. Your vote in support of AHC-endorsed candidates will go a long way toward affecting the outcome of these critical races. 

    2021 Affordable Housing Council Endorsements
    November 2 General Election: King County
    Jurisdiction Position Candidate
    King County County Executive Dow Constantine
    King County Council Dist. 1 Rod Dembowski
    King County Council Dist. 3 Sarah Perry
    King County Council Dist. 5 Dave Upthegrove
    King County Council Dist. 7 Pete von Reichbauer
    King County Council Dist. 9 Reagan Dunn
    Auburn Mayor Nancy Backus
    Auburn City Council Pos. 4 Yolanda Trout-Manuel
    Bellevue City Council Pos. 2 Conrad Lee
    Bellevue City Council Pos. 4 Jared Nieuwenhuis
    Bellevue City Council Pos. 6 Lynne Robinson
    Bothell* City Council Pos. 3 Rosemary McAuliffe
    Burien City Council Pos. 1 Hugo Garcia
    Burien City Council Pos. 3 Jimmy Matta
    Des Moines City Council Pos. 5 Traci Buxton
    Des Moines City Council Pos. 7 Matt Mahoney
    Federal Way Mayor Jim Ferrell
    Federal Way City Council Pos. 6 Renae Seam
    Kent Mayor Dana Ralph
    Kent City Council Pos. 4 Toni Troutner
    Kirkland City Council Pos. 1 Jay Arnold
    Kirkland City Council Pos. 3 Penny Sweet
    Kirkland City Council Pos. 5 Neal Black
    Kirkland City Council Pos. 7 Jon Pascal
    Redmond City Council Pos. 2 Steve Fields
    Redmond City Council Pos. 4 Melissa Stuart
    Redmond City Council Pos. 6 Jeralee Anderson
    Renton City Council Pos. 1 James Alberson
    Seattle Mayor Bruce Harrell
    Seattle City Council Dist. 9 Sara Nelson
    Seattle City Attorney Ann Davison
    Tukwila City Council Pos. 7 De'Sean Quinn

    2021 Affordable Housing Council Endorsements
    November 2 General Election: Snohomish County
    Jurisdiction Position Candidate
    Snohomish County Council Dist. 1 Nate Nehring (R)
    Snohomish County Council Dist. 4 Jared Mead (D)
    Snohomish County Council Dist. 5 Sam Low (R)
    Edmonds City Council Pos. 3 Adrienne Fraley-Monillas
    Everett Mayor Cassie Franklin
    Everett City Council Dist. 2 Greg Lineberry
    Everett City Council Dist. 3 Don Schwab
    Everett City Council Dist. 4 Tommie Rubatino
    Everett City Council Dist. 5 Ben Zarlingo
    Lake Stevens City Council Pos. 1 Kim Daughtry
    Lake Stevens City Council Pos. 2 Gary Petershagen
    Lake Stevens City Council Pos. 6 Steve Ewing
    Lake Stevens City Council Pos. 7 Marcus Tageant
    Lynnwood City Council Pos. 1 Nick Coelho
    Marysville City Council Pos. 2 Mark James
    Marysville City Council Pos. 4 Michael Stevens
    Mill Creek City Council Pos. 4 Brian Holtzclaw
    Monroe Mayor Geoffrey Thomas
    Mountlake Terrace City Council Pos. 4 Kyoko Matsumoto Wright
    Mukilteo Mayor Jennifer Gregerson
    Stanwood City Council Pos. 7 Judy Williams
    Snohomish City Council Pos. 7 Steve Dana
    Port of Everett District 1 Scott Murphy

    For dropbox locations, ballot questions, and more, visit King County Elections or Snohomish County Elections.

    *Also located in Snohomish County

     

    Paid for by the Affordable Housing Council of the Master Builders Association of King and Snohomish Counties, 335 116th Avenue SE, Bellevue, WA 98004. Top Five Contributors: Master Builders Association of King and Snohomish Counties; Village Life, Inc; Huseby Homes, LLC; Blackwood Builders Group LLC; Ashworth Homes

  • What is a design-build company, and is it right for my remodel?

    by User Not Found | Sep 09, 2021

    Q: As I research remodeling options online, I keep seeing the term “design-build.” What exactly is a design-build company, and should I hire one for my project?

    A: Design-build is a simplified approach to remodeling in which a single business provides both design and construction services.

    Traditionally, homeowners looking to remodel would seek out an architect or qualified interior designer to draft the plans and specifications for their project. They would then take their plans to a contractor for an estimate based on the original design — hiring two different parties for design and construction.

    Design-build companies offer a more streamlined process, handling the design and construction under one roof.

    For many homeowners, a one-shop approach is easier and more cost-effective. Others prefer the traditional approach, hand-selecting an architect for their specific style or goals. When it comes to choosing, there’s no right or wrong choice. But it’s good to know the differences.

    Here are a few of the most common ways that design-build can make remodeling easier, particularly for small and mid-size projects:

    It prevents major cost discrepancies. A designer at a design-build company is involved with every stage of the process, so they’re more accountable for estimates given during the design phase. The designer can also solicit realistic and timely estimates from the construction crew. Since both parties are on the same team, they can comfortably discuss cost-saving options that retain the integrity of the original design.

    Some independent architects, knowingly or not, design outside of budget or with a very rough estimate. They may not account for current pricing trends, the cost of quality labor/management or fluctuations in material costs such as lumber. This can be precarious if the actual cost ends up significantly higher than your budget.

    It gives you a single point of contact. Your designer will act as your advocate and teammate in your absence. Instead of explaining your requirements to multiple parties during each step of the process, you can depend on the designer to know the ins and outs at every stage. For busy homeowners, this can be a huge time saver.

    It’s efficient. Everyone from sales reps to the carpenters are involved in your project for a longer period of time. From the moment you start the design process, your project is on the construction team’s radar. This extra time means more opportunities to discuss and debate, potentially staving off unforeseen construction challenges. It also gets the team invested in your project from the start, giving you and the company more opportunities to build a strong rapport.

    When might a design-build company not be the best choice? For a whole-house renovation where the approach is more nuanced. For example, you may have a designer friend you’d like to support, or perhaps your project requires a new technology that a specialized architect has experience using.

    Another instance is when you’re not ready to commit to a builder. Perhaps you want to design something, then save up until you can afford the project you want. In that case you, may want to use two separate companies.

    Jason Legat is the founder and president of Model Remodel, a member of the Master Builders Association of King and Snohomish Counties (MBAKS). If you have a home improvement, remodeling or residential homebuilding question you’d like answered by one of MBAKS’s more than 2,600 members, write to homework@mbaks.com.

  • Built Green Conference Preview

    by User Not Found | Sep 01, 2021

    Author: Sonja O'Claire, Built Green Program Manager

    September is here which means the Built Green Conference presented by King County Green Tools and Puget Sound Energy is just around the corner! After over a year of virtual meetings and conferences, we are excited that the conference will be held in person at the Lynwood Convention Center on September 16th.

    The Lynwood Convention Center and our Events Team have implemented COVID precautions and protocols to keep all participants involved, and their families, safe and healthy. In addition to our innovative sessions related to new construction, many of the speaker sessions have been dedicated to discussing existing homes and remodels. From Net Zero Energy historical preservations to ADU remodels to the future of green retrofit incentive policies, this year’s event attendees will have the opportunity to hear from experts in the field and learn from case studies of home remodeling projects.

    Sam Rashkin, Built Green Conference Keynote

    Opening Keynote

    Defining the Future of Housing with Certainty

    Sam Rashkin, the founder of Retooling the U.S. Housing Industry and author of “Housing 2.0: Home Is Where Life Happens”, will deliver an informative opening keynote presentation. Housing in the U.S. has been able to sit on the sidelines with a first cost dominated business model and uniquely fragmented industry … but not for much longer. There are five crises ratcheting up builder pain to a threshold that will finally break through the industry’s resistance to change. By simply connecting the dots, we can define the future of housing with certainty.

     

    Sessions We Are Excited About

    Built Green Conference Session: Decarbonizing Existing Residential Buildings, featuring Shannon Ellis-Brock, Puget Sound Cooperative Credit Union; Beth Jarot, City of Tacoma; Suraj Lobo, Progressive Comfort Solutions; Vincent Martinez, Architecture 2030
    Built Green Conference Session: Preserving a Historic Building for Another Century of Use, featuring Grace H. Kim, AIA, Schemata Workshop
    Built Green Conference Session: The First Truly Anti-Racist Private Sector Development, featuring Kateesha Atterberry, Urban Black; Donald King, Mimar Studios; Benjamin Maritz, Arboreal; and Lawerence Norman, Investor
    Built Green Conference Session: The Future of Energy Codes in the Northwest, featuring Poppy Storm, 2050 Institute; Northwest Energy Efficiency Alliance; Dan Wildenhaus, BetterBuiltNW
     

    Join us for Preserving a Historic Building for Another Century of Use to hear from Grace Kim with Schemata Workshop as she presents the Parsonage Apartments in the University District, south of Sound Transit’s Brooklyn Station. The project reflects their vision of development: ecologically sustainable, economically practical, and sensitive to the scale and historic character of the local neighborhood.

    Learn how landowners and community groups gave rise to what is being called The First Truly Anti-Racist Private Sector Development. This presentation at this year's Built Green Conference will cover the specific model for equitable development that is being designed in real time, about how it affects the local community, and how it makes good business sense.

    With the recent updates to Washington, Oregon, and Idaho energy codes, many builders, designers, traders, and suppliers are wondering how they can participate in the process of developing The Future of Energy Codes in the Northwest. Join us to hear from experts with NEEA, 2050 Institute and BetterBuilt NW on the concepts driving Washington State Energy Code.

    Join us for Dismantling the Barriers to Decarbonizing Existing Residential Buildings, a discussion from speakers of local government, finance and the HVAC industry focused on existing residential buildings. To meet climate goals, governments need bold policies and programs to address emissions from these existing buildings.

     

    Stay Connected

    Throughout the day you’ll be able to converse with other attendees, sponsors, and speakers about the sessions and gain professional connections. Explore our virtual Green Product Expo Hall where our sponsors will showcase the latest green products and attend an Ask-Me-Anything session with our keynote speaker.

    Don't miss out on any of the action! Follow Built Green on Facebook, Twitter, and Instagram for conference updates. Use the hashtag #BuiltGreen2021 to share your excitement about this year’s conference.

    For complete conference details and to register, visit builtgreenconference.net.

    Thank You to Our Sponsors

    2021 Sponsors: Presenting: King County Green Tools, Puget Sound Energy. Lunch: Mitsubishi Electric. Water Bottle: Green Latrine. Tote Bag: Abodian. Supporting: ERNwest, Mighty Energy Solutions, Small Planet Supply, Green Home Solutions, Joto-Vent System, Capital One Spark Business, Ferguson Bath, Kitchen & Lighting Gallery, Puget Soun Cooperative Credit Union, Northwest Partners, Panasonic, Umpqua Bank, Interra USA (M.A.P. system)

  • Builders Bulletin: Interactive Edition

    by User Not Found | Aug 26, 2021

    Homing in on Our Region's Housing Statistics

    Housing inventory remains low and housing prices continue to rise, with a 19.73% and 21.74% increase in median single-family home prices in King County and Snohomish County, respectively. In more optimistic news, construction employment in the Seattle-Bellevue-Everett metro area has hit a record high.

    Please contact data@mbaks.com with questions or feedback. 


    Months' Supply of Housing Inventory

    As of July 2021

    icon showing a house for sale King County had 0.66 months' supply of inventory (down from 1.13 months' of inventory a year ago).
    icon showing a house for sale Snohomish County had 0.53 months' supply of inventory (down from .73 a year ago).

    Many industry analysts consider a four-to-six-month level as an indicator of a healthy market.

    Source: Northwest Multiple Listing Service

     

    Median Home Price

    July 2021

    icon showing a price tag The median price of single-family homes and condos was $789,000 in King County and $675,000 in Snohomish County.
    icon showing a price tag For single-family homes only, the median price in King County rose 19.73%, from $727,500 a year ago to $871,000. The median price in Snohomish County rose 21.74%, from $575,000 to $700,000.
    icon showing a price tag In Seattle, the median single-family home price for July was $896,500, an 11.37% increase from July 2020.

    Source: Northwest Multiple Listing Service

     

    Building Permit Activity

     

    Jobs

    icon showing a hand holding a hammer The Washington unemployment rate for July 2021 is 5.1%; for Seattle/Bellevue/Everett, it is also 5.1%.
    icon showing a hand holding a hammer Construction employment in Washington increased by 1,900 between June 2021 and July 2021. Total construction employment is 226,700 statewide and 110,800 for Seattle/Bellevue/Everett specifically.

    Source: Employment Security Department: WA Employment Estimates (Seasonally Adjusted), July 2021 and Bureau of Labor Statistics.

     

    Population

    icon showing a group of people The Puget Sound region's population as of April 1, 2021 was 4,330,400. Over the past year, the region added 66,200 people, as follows:
     

    King County

    +32,500

    Kitsap County

    +3,400

    Pierce County

    +16,400

    Snohomish County

    +13,900

    Source: Office of Financial Management

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