By MBAKS Senior Policy Analyst Allison Butcher

The housing and economic indicators featured in this month’s Builders Bulletin reflect the state of the market just prior to the start of the COVID-19 crisis in the Puget Sound region. It shows housing inventories still very low in our two counties, with 1.17 months’ supply in King County and 0.93 months’ supply in Snohomish County. Data from the Northwest Multiple Listing Services also show median home prices holding steady in February—$615,000 in King County and $494,263 in Snohomish County. The February unemployment rate was a near record-low 2.6% for Seattle/Bellevue/Everett and statewide construction employment was 225,200.

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:

January 3, 2019
Media Contact:
Caia Caldwell, Public Relations & Media Specialist
Master Builders Association of King and Snohomish Counties
p 425.460.8213
m 717.479.1231

Bonnie Geers Named 2019 Board President of Master Builders Association

She is a member of the senior management team at Quadrant Homes, and former titles held include vice president of community development and vice president of entitlements. Based out of Bellevue, Quadrant Homes is entering its 50th year.

Geers previously worked as an associate attorney with Oade, Stroud & Kleiman P.C. in East Lansing, Michigan, practicing land use, real estate and business transactions, and estate planning. She has maintained her membership in the Washington Bar Association since 2000.

A member of MBAKS’ board of directors since 2014, Geers also served as the president of the Affordable Housing Council from 2014–2017.

Geers previously worked as an associate attorney with Oade, Stroud & Kleiman P.C. in East Lansing, Michigan, practicing land use, real estate and business transactions, and estate planning. She has maintained her membership in the Washington Bar Association since 2000.

“For decades, the Master Builders Association has stood as a testament of the value we deliver to our members,” said Bonnie Geers. “I am honored to have been chosen to lead the board and confident in our association’s leadership to represent our industry needs and support sound housing policy.”

About MBAKS

Founded in 1909, the Master Builders Association of King and Snohomish Counties has grown to become the largest local residential homebuilders association in the United States. With nearly 3,000 member companies, the association is dedicated to membership value, housing advocacy, community service, and financial stewardship throughout the Puget Sound region

By West Seattle Blog

Today was a special work day for crews from some members of the Master Builders Association of King and Snohomish Counties—the annual Rampathon, donating time to build mobility ramps for residents in need. Among this year's participants, longtime WSB sponsor Potter Construction.

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