Larry Thibeault of Lake Stevens Design Build shares how MBAKS helped him go from a cabinet salesman to a big builder in Snohomish County.

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By MBAKS Senior Policy Analyst Allison Butcher

Housing inventory for sale fell between September and October to 1.74 months’ supply in King County and 1.51 months’ supply in Snohomish County. In both counties, this is down from a year ago. Meanwhile single-family and multifamily building permits were down 6% in the Seattle Metro Area (including King, Snohomish, and Pierce counties) in September 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:

Housing Solutions Breakfast a Call to Action for Unlocking Supply

MBAKS hosted our annual Housing Solutions Breakfast on October 14 at the Meydenbauer Center in Bellevue. This year’s program focused on unlocking housing supply and featured Justine Underhill, economist, journalist, filmmaker, and Falls Church, Virginia Council Member, as our keynote speaker

Justine shared valuable insights on how to use storytelling to convey the benefits of increased housing supply. She also showed examples of her videos explaining why housing at every level helps improve affordability. Visit Justine’s YouTube channel to learn more about her work.

“We’re grateful so many members and public officials could be part of this important conversation on ways we can work together to make home happen,” said MBAKS Government Affairs Director Jennifer Anderson.

As part of the program, MBAKS recognized Domestic Violence Services of Snohomish County as our Housing Solutions Community Partner of the Year

Here are some Housing Solutions resources MBAKS shared at the event:

• MBAKS’s 2026 Legislative Priorities
• MBAKS’s Housing Toolkit

We encourage members to keep the momentum going by attending our monthly Builder Council meetings, following legislative updates on MBAKS Connect, and voting for pro-housing candidates on Election Day November 4.

Your voice matters. By staying engaged, you help amplify our collective efforts to advance housing solutions and make home happen for everyone.