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Posted on Oct 20, 2023 in:
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Industry Issues
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Permitting
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Advocacy
MBAKS Housing Solutions Breakfast emphasizes the importance of timely and predictable permit review processes with Senator Mullet and a panel of local elected and public officials.
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Posted on Oct 18, 2023 in:
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MBAKS News
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Endorsements
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AHC
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Advocacy
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 2023 election cycle.
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Posted on Oct 18, 2023 in:
In the Seattle Metro Area, the building permit data for the year-to-date period ending on August 31, 2023, paints a distinctive picture of the region's construction activity. The statistics show a notable slowdown in both single-family and multifamily construction projects.
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Posted on Sep 19, 2023 in:
In July 2023, the unemployment rate in Washington stood at a healthy 3.6%, while the Seattle/Bellevue/Everett metropolitan area boasted an even lower rate of 3.1%. Notably, the construction sector in the state experienced growth over the past year, adding 4,500 jobs between July 2022 and July 2023. With a total statewide construction employment of 240,900, these figures reflect a positive trend in Washington's labor market and its continued commitment to economic development.
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Posted on Aug 17, 2023 in:
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.
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