NEWS & BLOG

Breaking news and resources from across the industry.

  • Home Prices Continue to Rise

    Posted on Oct 28, 2020 in:
    • Builder's Bulletin
    Median home prices for single-family homes and condos rose more than 17% year-over-year in King and Snohomish counties in September 2020. The King County median home price was $698,230. In Snohomish County, it was $550,000.
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  • MBAKS Joins Partners in Launching Coalition for More Housing Choices

    Posted on Sep 25, 2020 in:
    • Housing Affordability
    • Industry Issues
    • Advocacy
    This week, your association joined with regional leaders, civic organizations, businesses, labor, and nonprofits in announcing a new coalition formed to advocate for a shared and defined vision for housing in our region.
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  • Month-to-Month Unemployment Figures Improve

    Posted on Sep 24, 2020 in:
    • Builder's Bulletin
    The Washington unemployment rate for August showed some improvement on a monthly basis, moving to 8.5%, compared to 10.2% the previous month. The Seattle/Bellevue/Everett unemployment rate fell from 8.2% in July to 7.4% in August. Twelve months ago the unemployment rate in Snohomish County was 3.0%, and 2.7% in King County. The August 2020 Monthly Employment Report marks the sixth month since the impacts of COVID-19 started showing up in the local labor market.
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  • Pre-Approved DADU Plans Are Now Available on ADUniverse

    Posted on Sep 18, 2020 in:
    • SBC
    • Building Codes
    • Industry Issues
    • Advocacy
    This new website features pre-approved backyard cottage designs, a step-by-step guide to the ADU process, and data on the feasibility of building a DADU on your lot. By using a pre-approved design, homeowners can expect to get their permit in two to six weeks and save about $1,500 in permit fees.
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  • Bothell Extends Permit and Development Application Timelines

    Posted on Sep 18, 2020 in:
    • DBIC
    • Permitting
    • Advocacy
    • Industry Issues
    The existing extension measure was set to expire October 7. Permits must have been received before January 1, 2020, to be eligible for the extension.
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