June 2020 Builders Bulletin: Significant Job Losses Reported Throughout Region, State

By MBAKS Senior Policy Analyst Allison Butcher

The unemployment rate for Seattle, Bellevue, and Everett jumped to 14.5% in April, reflecting major job losses due to COVID-19. Statewide, the construction industry lost 81,000 jobs between March and April, a 32.5% drop. Meanwhile, home prices have been holding steady, with year-over-year median home prices up in King and Snohomish counties amid continued low housing inventory.

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.

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MBAKS Promotes Jerry Hall to Serve as Executive Director

BELLEVUE, Wash., Feb. 9, 2023—The Master Builders Association of King and Snohomish Counties (MBAKS) is excited to announce the promotion of Jerry Hall to Executive Director.

MBAKS is a trade association representing thousands of local homebuilders, tradespeople, architects, and remodelers in the two-county region. As an expert on issues affecting the housing industry and a leading pro-housing voice for the region MBAKS provides critical, ground-level insight into the regional housing affordability crisis. In his role as Executive Director, Hall will continue the association’s commitment to ensure that all people can attain housing and that everyone has access to a healthy and productive place to call home.

Jerry Hall

“For me, the importance of the association’s purpose is heartfelt and personal,” said Jerry Hall, Executive Director of MBAKS. “We are fortunate to live in a region that has enjoyed extraordinary economic success over the last few decades, yet, because the supply of housing did not keep pace with our growth, the cost of housing has reached unattainable levels for too many.”

Hall holds a Bachelor of Arts in Economics from Whitman College and a Master’s in Business Administration from Harvard Business School. With decades of business leadership experience, he joined MBAKS in August of 2018, serving as its Chief Operating Officer. Shortly thereafter, he began serving as its Chief Financial Officer, and most recently as the organization’s Interim Executive Director.

“We are at a tipping point in our region and access to housing is becoming increasingly difficult” stated Hall. “I’m honored to be given the opportunity to lead the vital work MBAKS does in making home ownership possible for generations to come.”

About MBAKS

Founded in 1909 and headquartered in Bellevue, Washington, the Master Builders Association of King and Snohomish Counties (MBAKS) is the nation’s oldest and largest local homebuilders’ association. Like our founders, our members continue to take a leading role in all facets of homebuilding and support the planning for a growing region. From new technology to advances in sustainability, from collaborative public policy efforts to investing in our communities, our commitment to a thriving, inclusive and well-planned region never wavers. We are the professional homebuilders, architects, remodelers, tradespeople (carpenters, framers, roofers, plumbers, electricians), planners and engineers, suppliers, manufacturers, and sales and marketing professionals in your community who believe everyone deserves access to a healthy and productive place to call home.

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