By MBAKS Senior Policy Analyst Allison Butcher

The supply of housing inventory for sale stood at 1.74 months in King County and 1.47 months in Snohomish County in August, which is down slightly from a year ago.  Meanwhile, single-family building permits were down 8% YTD and multifamily permits down 5% in the three-county Seattle Metro Area (King, Snohomish, and Pierce counties) as of July, compared to the same period last year. 

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.

Download this month's report:

Following a vote of our members of record, MBAKS is pleased to announce the following elected positions on the MBA 2025 Board of Directors:

• First Vice President, Vitaliy Gutsalo of Greencity Development, LLC
• Second Vice President, Tod Sakai, Sockeye Homes
• Secretary, Brenda Nunes of KW Nunes Group
• Associate at Large, Jordan Thayer, Morgan Stanley
• Builder at Large, John Mirante, D.R. Horton by Pacific Ridge Series
• Builder at Large, Mark Chriest, MainVue Homes 

This week, Shannon talks to MBAKS Product Manager Kevin McDaniel about enrolling in GRIP and this year's GRIP refund—our largest ever.

Enroll by June 15