Breaking news and resources from across the industry.

  • Builders Bulletin: Extremely Low Supply of Homes for Sale Continues

    Posted on Jan 28, 2022 in:
    • Builders Bulletin
    Severe shortages of housing inventory for sale continued in December, with only 0.27 months’ supply (about one week) in King County and 0.20 months’ supply (less than a week) in Snohomish County. This represents a decline from the previous month and year-over-year. The snow and cold temperatures also impacted home sales in December, according to the Northwest Multiple Listing Service.
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  • Builders Bulletin: Supply Continues to Drop but Permit Activity Rises

    Posted on Dec 23, 2021 in:
    • Builders Bulletin
    Despite headlines about a housing market cooldown and home prices dipping slightly compared to last month, median housing prices continue to rise year over year, with an 8.03% rise and a 22.29% rise in King and Snohomish counties, respectively, for combined single family and condo sales. Likewise, for-sale housing supply continues to drop, with both King and Snohomish counties—and much of the state—more accurately described as having weeks of supply, not months. Year over year, months of supply dropped 59% in King County and 37% in Snohomish County. There is at least some relief on the horizon, however, as year to date residential building permit activity is up 30% in our two-county region.
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  • Press Release: MBAKS Announces 2021 Award Winners

    Posted on Dec 15, 2021 in:
    • Press Releases
    • MBAKS News
    • Built Green
    BELLEVUE, Wash., Dec. 9, 2021—The Master Builders Association of King and Snohomish Counties (MBAKS) announced the 2021 award winners at its annual year-end gala on Thursday, December 9.
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  • Health-minded home improvements can boost spirits and well-being

    Posted on Dec 2, 2021 in:
    • Homeowners
    • Maintain
    Get tips on how to cut the clutter and liven up your space!
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  • Builders Bulletin: Months of Supply Remains Low

    Posted on Nov 19, 2021 in:
    • Builders Bulletin
    Though not quite a record low, housing supply is still far from healthy in the Puget Sound region. Year over year, months of supply dropped 42% to 0.57 and 27% to 0.36 in King and Snohomish counties, respectively. The East of Lake Sammamish MLS map area had the lowest months of inventory for King County, at 0.16; Belltown/Downtown had the highest, at 2.41. King County condo supply was higher, at 0.94 months of supply, than single-family housing supply, at 0.47. The Southwest Snohomish County MLS map area had the lowest months of inventory for Snohomish County, at 0.25, and Northeast Snohomish County had the highest, at 0.49. Snohomish County condo supply was lower, at 0.24 months of supply, than single-family housing supply, at 0.39.
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