This week, Shannon talks to David Barnes with the City of Kirkland about our upcoming Residential Builders Council meeting. Join RBC and Built Green to learn more about green building incentives, how they work, and provide feedback to participating cities.

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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. These figures illuminate the ongoing challenges of supply and demand dynamics in the area's housing market. According to many industry analysts, a four- to six-month inventory level is often deemed indicative of a healthy real estate market. Despite the increase, the current supply falls notably short of this benchmark, underscoring the continued pressure on prospective homebuyers and the need for further market adjustments. Read the full August Builders Bulletin.

Read the full August Builders Bulletin:

A Look Back, A Leap Forward: MBAKS 2023 Strategic Vision

Here is a look at key highlights from 2023, as well as our newly adopted Strategic Plan.