In King County, the median price for single-family homes and condos reached $860,000, while in Snohomish County, it was $762,500. For single-family homes alone, King County saw a 5% increase in median price, rising from $906,250 last year to $955,000.

Meanwhile, Snohomish County experienced a 7% increase, with the median price climbing from $730,563 to $780,000.

For more data contact: data@mbaks.com

Download the PDF: Sep. Builders Bulletin

A MULTIFACETED CIVIL ENGINEERING FIRM

Land Development Consulting (LDC) is a consulting, engineering, surveying, and planning firm based in Woodinville. The company was founded in 2003 and currently employs 43 people.

LDC works in three different market sectors:

1. The first is civil engineering related to residential land development in the Puget Sound area, which includes surveying, permitting, and road and utility work for builders.
2. The second sector is helping cellular companies, such as Verizon, AT&T, and T-Mobile, with tower siting and installations in Washington, Oregon, Idaho, Alaska, and Texas. “It’s interesting and challenging work,” says Mark. “We’re often designing small cell systems in localized environments, like the Gorge Amphitheater and Seattle Center.”
3. LDC’s third area of work is in public works, specifically design and construction for large municipal projects.

Mark has several roles at LDC. As the director of engineering, he manages the day-to-day operations of the firm from a technical and financial aspect. He is also the de facto CFO and manages the company’s benefit and health insurance packages.

LDC HAS ENJOYED 13 YEARS OF MBA HEALTH TRUST BENEFITS

“We’ve been using the MBA Health Trust since the inception of our company. And over the past five or six years, as we’ve really been growing, we’ve shopped MBA’s pricing several times. Every single time, the competitor packages were not nearly as strong. They may have been cheaper, but the MBA always provided the best overall value.” Last year, Mark says, the MBA plan was “almost 9 percent less expensive and provided 20 percent lower deductible costs for individuals and 40 percent lower for a family.”

AFFORDABLE PLAN FOR THE COMPANY, ITS EMPLOYEES, AND THEIR FAMILIES

Mark says that the MBA has evolved with market conditions. LDC was able to transition from a PPO plan to an HSA plan four years ago to ensure more affordable health insurance for the company, employees, and dependents. Mark says, “95 percent of our employees are now on an HSA plan. It was a seamless transition. The MBA team walked us through the entire process and taught us to communicate it to our employees. The plan is working really well. There are no complaints from our employees and all the doctors who were previously available still are.”

REDUCING FINANCIAL STRESS

Mark adds that the HSA plan has saved his company enough money to increase its coverage for dependents. “Our goal,” he says, “was to reduce the financial stress on our staff’s families and the MBA Health Trust helped us do that. Overall, we get much better coverage for a much better cost. And we are now able to provide 50% of dependent coverage.”

Mark’s firm works closely with EPK, the administrator of the Health Trust plans. “They’re great to work with,” he says. “Every year they give a lunchtime presentation about what to expect for the coming year. They have continuously stepped up to the plate and provided the service we’ve needed for the plans we adopt.”

MBA MEMBER BENEFITS ALSO INCLUDE THE GRIP PROGRAM

LDC takes advantage of additional benefits provided by the MBA, including the GRIP program, which helps improve safety and reduces the overall cost of workers’ compensation for MBA members. “That service has been a huge asset in getting our safety procedures up to speed to make sure we are compliant,” Mark says.

Contact:
Master Builders Association of King and Snohomish Counties
p 425.457.7067
pr@mbaks.com

FOR IMMEDIATE RELEASE

Master Builders Association of King and Snohomish Counties Wins Awards for Best Service to Members and Best Community Service Project Conducted

BELLEVUE, Wash., June 12, 2024—MBAKS has been recognized for its outstanding Community Stewardship and GRIP programs with two Awards of Excellence from the Executive Officers Council (EOC) of the National Association of Home Builders (NAHB).

“What an honor it is to have our team recognized for all the work they do to make home happen,” said Jerry Hall, Executive Director. “I’m so proud of the ways in which we’ve been able to give back, through a number of community stewardship projects as well as through the benefits our members receive from the GRIP program."

MBAKS offers member companies an opportunity to gain reimbursements for cultivating safe working environments through GRIP. Over the years, the program has constantly evolved to provide the highest level of service for the lowest cost while prioritizing the safety of member participants.

Since its inception, MBAKS’ Community Stewardship has given back to local communities through volunteer based projects as well as financial contributions. Through two flagship projects, Rampathon and Painting A Better Tomorrow, staff and member volunteers have improved homes and community spaces across the region, including constructing over 600 ramps for individuals and families with mobility issues and refreshing the interiors of more than 20 local nonprofit organizations.

The Association Excellence Awards is an annual program designed to recognize the outstanding accomplishments of state and local home builders’ associations and executive officers in the field of association management. EOC membership is comprised of the staff executives who direct more than 590 NAHB-affiliated state and local home builders’ associations representing more than 130,000 home builders in communities across the United States.

“I am inspired by the outstanding achievements of our local associations that won AEA honors this year. Their dedication to excellence, innovation, and community impact sets a high standard for all of us,” said Natalie Fryer, EOC President and Executive Officer of the HBA of Fayetteville. “These associations are shining examples of what can be accomplished with vision, hard work, and a commitment to quality. Congratulations to all the award-winning associations for their well-deserved recognition. Your accomplishments not only benefit your members but also enhance the entire Federation.”

The winning entries will be added to the NAHB website, so that other executives and associations across the country can access and learn from them in order to provide better service to their own members and community.

For more information on the Master Builders Association of King and Snohomish Counties go to mbaks.com or contact pr@mbaks.com. Learn more about the Association Excellence Awards. 

About MBAKS

The Master Builders Association of King and Snohomish Counties (MBAKS) is the nation’s oldest and largest local homebuilders association, helping to make home happen since 1909. 

###