FOR IMMEDIATE RELEASE
Media Contact:
Sharon Couts
Master Builders Association of King and Snohomish Counties
425.499.1723

$30,000 in Scholarship Funds Available to Students Enrolled in Residential Construction Programs

Deadline to Apply is April 30, 2018

BELLEVUE, Wash—April 23, 2018—Nearly 82 percent of construction businesses struggle to find qualified skilled labor, according to a 2017 survey conducted by the Master Builders Association of King and Snohomish Counties (MBAKS) and Redfin. This labor shortage, area companies say, is a factor in too few homes being constructed and contributes to higher home prices.

In an effort to develop skilled labor for the industry, bring more homes to market, and help ease the costs of housing, MBAKS is working to attract more high school and college students to exciting careers in the construction and trades industries through education programs and scholarships.

Each year, MBAKS offers $30,000 in scholarships to students who are seeking education related to the homebuilding industry and are enrolled at qualifying technical, community college, and university-level programs within Washington state. Students can apply at mbaks.com/scholarships.

About the Master Builders Association of King and Snohomish Counties

Founded in 1909, the Master Builders Association of King and Snohomish Counties has grown to become the largest residential homebuilders association in the United States. With nearly 3,000 member companies, the association is dedicated to membership value, housing advocacy, community service, and financial stewardship throughout the Puget Sound region.

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FOR IMMEDIATE RELEASE
Media Contact:
Sharon Couts
Master Builders Association of King and Snohomish Counties
425.499.1723

Shannon Affholter Resigns as Executive Director of the Master Builders Association of King and Snohomish Counties

BELLEVUE, Wash—September 6, 2017—The Master Builders Association of King and Snohomish Counties (MBA) has announced the resignation of Shannon Affholter, the executive director since 2013. A recognized and effective regional leader for the MBA, Affholter leaves a successful and flourishing organization in place. Affholter's last day will be October 6.

"During the past four years, Shannon has done a remarkable job for our association," said Mike Walsh, the current MBA president. "Shannon and his staff have developed relationships throughout the region and the MBA is on the forefront and involved in critical community issues involving attainable housing, as well as essential planning for our region's continued growth. We have been fortunate to have a professional and dedicated executive like Shannon. His achievements both external and internal have been extraordinary and will provide a strong foundation for our future initiatives. We can't thank him enough for his work!"

Affholter made his announcement last week after accepting a position as Chief Operating Officer for Oakpointe Communities, one of the Pacific Northwest's premier land and commercial development companies. "While this is an exciting opportunity for my family and myself, I recognize the hard work and commitment required to help lead a company of this stature and size," said Affholter. "While it was a hard decision to leave the MBA, I understand that my success would not have been possible without the support of my staff and the latitude granted to me by the Executive Committee and Board of Directors. I will be forever indebted to both."

Mike Walsh will welcome Erich Armbruster in January as the 2018 MBA president and board leader. "Working closely with Mike, who has been instrumental in elevating the advocacy of our association, we must now focus our immediate attention on the responsibility of finding an executive leader with the right qualities to lead our organization," said Armbruster. "The MBA has a prestigious history, and while Shannon helped transition the association to another level, both Mike and I recognize how important it is for the future of our members and the Puget Sound Region to advance our ongoing presence and influence, while working constructively and jointly with other organizations to maintain the quality of life that we enjoy here in the Pacific Northwest."

About MBAKS

Founded in 1909, the Master Builders Association of King and Snohomish Counties (MBA) has grown to become the largest residential homebuilders association in the United States. With nearly 2,900 member companies, the Association is dedicated to membership value, government advocacy, financial stewardship and promoting the residential building industry in the Puget Sound Region. The Association and its members address many of the concerns and issues affecting the residential housing industry. If you are looking to buy, build, remodel, or maintain your home, trust MBA for industry professional referrals and practical information to get the job done. mbaks.com

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By MBAKS Senior Policy Analyst Allison Butcher

The median home price of single-family homes and condos in King and Snohomish counties fell month-over-month in July. The median home price went from $637,675 to $625,000 in King County and from $488,950 to $480,000 in Snohomish County, comparing June to July. The July median home price in Snohomish County is up 3.23% compared to a year ago and down 0.64% from last year in King County.

The Builder's Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, State of the Cities Data Systems, Office of Financial Management and the Washington State Employment Security Department.

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