By MBAKS Senior Policy Analyst Allison Butcher

Housing Inventory Still Well Below Healthy Levels

Despite a modest increase in housing inventory for sale in King and Snohomish counties during September—reaching the highest levels seen all year with 1.13 and 1.26 months’ supply of inventory respectively—these figures are still well below the four-to-six month range that many industry analysts consider to be an indicator of a healthy market. The continued high demand and low supply is driving year-over-year price hikes of more than 14 percent in both counties.

The Builders’ Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, U.S. Census Bureau, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report:

Contact:
Stephanie Giralmo, Public Relations & Media Manager
Master Builders Association of King and Snohomish Counties
p 425.457.7067

FOR IMMEDIATE RELEASE

MBAKS Builds Ramps to Give Mobility Freedom to Those in Need

BELLEVUE, Wash., May 23, 2022—Since 1993 the Master Builders Association of King and Snohomish Counties (MBAKS) has built more than 500 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.

“Rampathon is one of our signature community stewardship programs at MBAKS which we look forward to every year,” says Jerry Hall, Interim Executive Director, Chief Operating and Financial Officer at MBAKS. “We are so grateful to our members, who lend their time and expertise to provide mobility freedom to individuals and families within our community.”

This year MBAKS built 20 different mobility ramps for deserving families across King and Snohomish Counties and showcased 16-year-old Lucas Golla-Patsula. At 4 months, Lucas started having seizures and is unable to walk or talk. Confined to a stroller and wheelchair since infancy, the current ramp at Lucas’ home is in disrepair and unsafe. MBAKS member, Carlisle Classic Homes, built a new ramp for the family to aid in ease of mobility and safety.

In addition to the 18 member companies that volunteered to be a part of this year’s program, long term signature sponsor Dunn Lumber provided support by donating funds to help provide lumber at no cost.

“Giving back to our local community members is very important to Blackwood Builders Group, and Rampathon is just one of several ways we give back to the communities we serve,” said Trevor Johnson, CEO and Co-Founder of Blackwood Builders Group. “We’ve been building ramps for community members in need for 4 years and look forward to participating in the program every year.”

About MBAKS

Founded in 1909 and headquartered in Bellevue, Washington, the Master Builders Association of King and Snohomish Counties (MBAKS) is the nation’s oldest and largest local homebuilders’ association. Like our founders, our members continue to take a leading role in all facets of homebuilding and support the planning for a growing region. From new technology to advances in sustainability, from collaborative public policy efforts to investing in our communities, our commitment to a thriving, inclusive and well-planned region never wavers. We are the professional homebuilders, architects, remodelers, tradespeople (carpenters, framers, roofers, plumbers, electricians), planners and engineers, suppliers, manufacturers, and sales and marketing professionals in your community who believe everyone deserves access to a healthy and productive place to call home.

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By Shannon Affholter, The Everett Herald

Despite numerous legislative efforts to find a permanent and balanced solution to address the Washington state Supreme Court's Hirst decision, lawmakers in Olympia remain deadlocked on the issue. Unfortunately, the legislature adjourned on Thursday without reaching an agreement.

The 2016 Hirst decision has effectively halted many people from building their homes in areas that depend on well water. The ruling has created a great deal of uncertainty for counties, rural communities, builders, and families across the state. As legislators leave town, the hardship on affected property owners will continue without being resolved.