Listen: The Dunn Lumber Podcast: How to Protect Yourself From Liability When Hiring Trade Contractors, recorded live March 17 at the Master Builders Association Remodelers Council Dinner. Scott Hildebrand, residential law specialist, presents his list of the top 10 things NOT to do when hiring the tradespeople who are essential to your professional success.

Learn more about RC

Contact: data@mbaks.com

Puget Sound Region Sees Population Growth and Housing Demand

As of April 1, 2024, the Puget Sound region's population reached 4,483,900, reflecting an increase of 46,800 residents over the past year. This growth was primarily driven by King County, which added 30,300 people, followed by Snohomish County with 7,300, Pierce County with 6,300, and Kitsap County with 2,900 new residents.

This population surge underscores the urgent need for expanded housing options in the region. As more people move to Puget Sound, the demand for diverse and affordable housing solutions becomes increasingly critical.

READ THE FULL REPORT

By MBAKS Senior Policy Analyst Allison Butcher

Housing inventory for sale fell between September and October to 1.74 months’ supply in King County and 1.51 months’ supply in Snohomish County. In both counties, this is down from a year ago. Meanwhile single-family and multifamily building permits were down 6% in the Seattle Metro Area (including King, Snohomish, and Pierce counties) in September compared to the same period last year.

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: