By MBAKS Senior Policy Analyst Allison Butcher

Region Sees Continued Decline in Supply of Homes for Sale

Housing data highlighted in the latest Builder's Bulletin show our region continues to face a severe inventory shortage, with only 1.14 months' supply of homes for sale in Snohomish County and less than one months' supply in King County. The November median price of single family homes and condos rose more than 15 percent year-over-year in both King and Snohomish 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:

FOR IMMEDIATE RELEASE
Media Contact:
Caia Caldwell, Public Relations & Media Specialist
Master Builders Association of King and Snohomish Counties
p 425.460.8213
m 717.479.1231

Sen. Palumbo, Matthew Gardner to Speak at Housing Solutions Breakfast

There is growing momentum in Olympia for housing reform in the upcoming 2019 legislative session. Come hear a wide range of views from the Seattle area’s top housing experts as we work to increase housing supply and address our housing affordability crisis. Featuring Sen. Palumbo and chief economist for Windemere Real Estate, Matthew Gardner, the breakfast will include researchers, policy makers, and business professionals. Legislative priorities will be discussed, including condominium liability reform and the establishment of an urban net density standard in residential zones. Sen. Palumbo will make himself available to the media following his presentation. #HousingActionNow

More information on speakers and panelists: mbaks.com/hsb

About MBAKS

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. 

By The Money Hour with Tina Mitchell

Leah Missik with Built Green has been the program manager for about two years. As the program manager, she has grown the certification, conducted a green home study that received national attention, and was nominated for a Northwest Emmy Award for a public-facing ad campaign on the advantages of living in a Built Green® home. Prior to Built Green, Leah worked as a Renewable Energy Analyst, supporting a small-scale renewables program where a utility bought back energy at a premium rate.  In The Money Hour segment today, Leah talks about the importance and benefits of green homes and Built Green.