Breaking news and resources from across the industry.

  • Supply of Housing Inventory Continues to Drop

    Posted on Jan 4, 2021 in:
    • Builders Bulletin
    Data show the supply of housing for sale continuing to decline in King and Snohomish counties. King County had 0.93 months’ supply of inventory, down from 1.39 months’ of inventory a year ago. Snohomish County had just 0.49 months’ supply of inventory in November, down from 1.27 a year ago.
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  • Press Release: Master Builders Association Announces 2020 Award Winners

    Posted on Dec 18, 2020 in:
    • Built Green
    • Press Releases
    • MBAKS News
    BELLEVUE, Wash.—December 18, 2020—The Master Builders Association of King and Snohomish Counties (MBAKS) announced its 2020 winners at their annual end of year awards gala on Thursday, December 17. This year’s gala was held virtually due to the COVID-19 pandemic, featuring skits, year-end retrospectives, and an awards show.
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  • Permit Activity Uneven Across Seattle Metro Counties

    Posted on Dec 1, 2020 in:
    • Builders Bulletin
    Recent building permit data for the Seattle metro area shows single-family and multifamily permits fell in King County by 8% and 26%, respectively, in September year-to-date compared to the same period last year. Meanwhile, permits are up in Snohomish and Pierce counties during the same period.
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  • Home Prices Continue to Rise

    Posted on Oct 28, 2020 in:
    • Builders 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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  • Month-to-Month Unemployment Figures Improve

    Posted on Sep 24, 2020 in:
    • Builders 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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