June 2018 Builder's Bulletin: Q1 Building Permits up in King County, Down in Snohomish

By MBAKS Senior Policy Analyst Allison Butcher

At the end of the first quarter of 2018, King County is leading the way in building permit activity in the region, with single family permits up 19 percent and multifamily permits up 25 percent compared to the same period last year. Meanwhile, single-family permits have dropped 19 percent in Snohomish County and multifamily permits are down 58 percent year-over-year. For the three-county region as a whole (King, Snohomish, and Pierce counties), permits are up 7 percent and 9 percent, respectively.

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, State of the Cities Data Systems, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report:

10-Point Action Plan to Fight the Housing Affordability Crisis in the Puget Sound Region to be Announced at 2017 Housing Summit

Free event on Tuesday, October 17, to focus on housing attainability solutions

Bellevue, Wash—October 4, 2017—The Puget Sound area's housing market is in crisis. The demand for housing in our region continues to significantly outpace residential housing supply, making it difficult to purchase reasonably priced homes near job centers. In response, the Master Builders Association of King and Snohomish Counties (MBAKS) has identified a 10-point action plan to help provide attainable housing for our growing population.

"Our region's housing attainability crisis is a big problem that demands bold solutions," said Nick Harper, MBAKS senior director of strategy and policy. "We need to come together to implement a legislative agenda that helps ensure housing opportunities for everyone."

Witness live the unveiling of this bold legislative agenda at the fourth annual MBAKS Housing Summit October 17, at the Meydenbauer Center in Bellevue. The Housing Summit begins at 8:30 a.m. This free event will be emceed by Pat Cashman and will include presentations by top housing experts and area leaders. Featured speakers include:

Clay White, Principal Planner, LDC Inc
Elliot Eisenberg, nationally renowned economist
Jon Nehring, Marysville Mayor
Gail Luxenberg, executive director, Habitat for Humanity Seattle-King County
Joe Fitzgibbon, Representative, 34th District
Brian Bonlender, agency director, Washington State Department of Commerce
Pat Cashman, emcee, local TV and radio personality

Space is limited. Register online at mbaks.com or by calling (425) 451-7920.

About MBAKS

Founded in 1909, the Master Builders Association of King and Snohomish Counties (MBAKS) has grown to become the largest residential homebuilders association in the United States. With 2,900 member companies, the association is dedicated to membership value, housing advocacy, community service, and financial stewardship throughout the Puget Sound region.

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Builders

01/24/2017

Stormwater Vesting KO’d by State Supreme Court

Duana Koloušková testifying on behalf of SB 5212

By Mike Pattison, Snohomish County Manager

In December 2016, the Washington state Supreme Court struck a blow to vesting rights when it ruled that newly adopted stormwater regulations do not vest. The Court let stand a window for certain projects to remain vested. The new stormwater regulations will apply to all applications submitted after July 1, 2015 and projects approved prior to July 1, 2015 which have not started construction by June 30, 2020.

The case, Snohomish County, et al. v. Pollution Control Hearings Board, will severely impact applications that have been submitted to a jurisdiction but are not yet approved. The opinion eliminates vesting for environmental regulations mandated by the state, including stormwater.

MBA member Duana Koloušková of Johns Monroe Mitsunaga and Koloušková, testifying on behalf of SB 5212 at a Senate Local Government Committee hearing on Jan. 24, 2017

An editorial by MBA President Mike Walsh was recently published in The Herald discussing the case and explaining why vesting is so important to the homebuilding industry.

While there is no ability for local government to overcome the decision with local legislation, King and Snohomish counties are currently petitioning the Court to reconsider and clarify some of the opinion.

Further, there is a proposal before the Washington State Legislature, Senate Bill 5212, that would restore vesting rights.

For more information, contact Snohomish County Manager Mike Pattison, 425.460.8203.

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Builders

12/12/2016

Shannon's 60: 2016 Spirit of Service Award Winner