NEWS & BLOG

Breaking news and resources from across the industry.

  • Builders Bulletin: Puget Sound Housing Market Sees Modest Increase in Inventory Supply Amidst Ongoing Challenges

    Posted on Aug 17, 2023 in:
    • Builders Bulletin
    King County recorded a 1.5 months' supply of housing inventory as of June 2023, indicating a slight increase from the 1.34 months' supply reported in June 2022. Similarly, Snohomish County saw its inventory supply rise to 1.07 months, up from 1.34 months a year earlier. Despite the increase, the current supply falls notably short of a healthy level.
    Read More

  • Builders Bulletin: Washington Population Grows

    Posted on Jul 13, 2023 in:
    • Builders Bulletin
    The April 2023 population estimates have been released, highlighting a 1.1% growth since April 2022 in Washington. According to estimates from the Office of Financial Management, Washington's total population has surpassed 7.9 million residents, with a total of 4,437,100 just in the Puget Sound region. King County has witnessed the largest influx, with an addition of 30,100 individuals since last April. Snohomish County follows closely with a growth of 12,500 over the same time period.
    Read More

  • Builders Bulletin: Growth in Washington's Construction Sector

    Posted on Jun 9, 2023 in:
    • Builders Bulletin
    The construction sector in Washington showed significant growth, with an increase of 5200 jobs between April 2022 and April 2023. The total employment in construction statewide reached 236,800, underscoring the industry's importance and contribution to the state's economy. Unemployment overall has remained low, with a rate of 3% in the Seattle/Bellevue/Everett area.
    Read More

  • Press Release: MBAKS Constructs Accessible Ramps for Disabled Individuals to Improve Mobility and Independence

    Posted on May 22, 2023 in:
    • Press Releases
    • MBAKS News
    Since 1993 the Master Builders Association of King and Snohomish Counties (MBAKS) has built almost 600 wheelchair access ramps for families in need. Built by MBAKS members and community volunteers, these ramps provide a much-needed benefit for those who struggle to get themselves or their loved ones safely in and out of their homes.
    Read More

  • Builders Bulletin: Builder Confidence Climbing

    Posted on May 10, 2023 in:
    • Builders Bulletin
    The HMI was 45 nationally, while in the West the HMI was 41. While this is still below 50 and indicates pessimism about the housing market, the sentiment is slowly rising compared to months prior. The HMI is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market.
    Read More

RESOURCES AND GUIDES

Help us build a sound future.