By Bellevue Reporter

The Puget Sound region is in a housing crisis. As the region's economy grows, so does the number of workers and families moving into the area looking for a home. Skyrocketing home prices, spiraling rents, and the shortage of affordable housing create news headlines every day.

This week, Shannon talks to Kimberley Martin with Cyneburg Services about the benefits of networking at MBAKS.

Upcoming opportunities to network

Contact: data@mbaks.com

January 2026 Builders Bulletin: Building Permits Weakened in October

U.S. Census Bureau data released recently show continued decline in building permits for the Seattle metro area in the first 10 months of 2025. The latest Builders Bulletin reports 5,208 single-family permits were issued year to date in King, Snohomish and Pierce counties as of October 2025, down 8% compared to the same period in 2024. Multifamily permits saw an even steeper drop with 7,225 permits issued, representing a 17% decrease compared to 2024. Release of this data by the Census Bureau was delayed due to last year’s federal government shutdown.

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