By MBAKS Senior Policy Analyst Allison Butcher

April marked the second month in a row in King County and the third consecutive month in Snohomish County that the month’s supply of housing inventory was below two months. While this is below the four-to-six-month level—many industry analysts consider as an indicator of a healthy market—the year-over-year gain in inventory is significant.

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:

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:

Help a service organization in your community!

MBAKS is currently accepting applications for our 15th Anniversary of Painting a Better Tomorrow.

Don't miss out on the opportunity to help a service organization in your community get their environment spruced up with a new coat of paint! We will be accepting applications for this year's event until July 31.

We're especially excited for this year's event, taking place on November 18 at a location to be determined, as 2017 marks 15 years of helping our community members brighten their days (and walls)! We encourage all service organizations in King and Snohomish counties to apply. We are aware that the aesthetic improvements of painting are also the easiest costs to cut from the annual budget in order to provide funding for crucial service needs to the community. To be considered, the organization must have a space that's in need of upkeep. That's it! Oh, and they also have to apply. We'll do the rest.

We ask you to reach out to organizations in your community and get an application in their hands. And make sure they get their application in by July 31!

Just think—by Thanksgiving, one local organization will be sitting in a beautiful, freshly painted space with one more item crossed off their 2018 budget.

Organizations can apply online or by contacting Michell Filleau-Maas, 425.460.8232 or mfilleau-maas@mbaks.com.