BELLEVUE, Wash.—May 4, 2019—The Master Builders Association of King and Snohomish Counties (MBAKS) hosted their Remodeling/Trades Remodeling Excellence (REX/T-REX) Awards at the Seattle Design Center. Dozens of local remodeling companies attended the dinner event to enjoy an evening dedicated to celebrating gorgeous and innovative remodeling projects.

Housing data contained in the latest Builders Bulletin show single-family and multifamily permits are down in the three-county Puget Sound region through February 2019, compared to the first two months of 2018.

Compared to January, Median home prices for single family homes and condos combined were up seven percent in King County and 6 percent in Snohomish County in February.

The number of single family permits issued in 2018 in the Seattle metro area (King, Snohomish, and Pierce counties) fell 9 percent last year compared to 2017, while multifamily permits increased by 9 percent.

Building permit data from the Census Bureau show 8,430 single-family permits and 16,764 multifamily permits issued in the Seattle metro area through November of last year.