Builders Bulletin: Permit Downturn Persists

In the Seattle Metro Area, the building permit data for the year-to-date period ending on August 31, 2023, paints a distinctive picture of the region's construction activity. There were 4,021 single-family permits issued during this time, reflecting a substantial 28% decrease compared to the same period in 2022. Similarly, the multifamily segment also saw a noteworthy decline, with 7,851 permits issued, indicating a substantial 46% decrease from the prior year. These statistics show a notable slowdown in both single-family and multifamily construction projects.

Read the full October Builders Bulletin:

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

10/01/2018

Fall Gloom Got You Down? Volunteer to Brighten the Walls of a Local Service Organization (Along With Your Mood)

Painting a Better Tomorrow 2017 Credit Alabastro Photography

Painting a Better Tomorrow is a one-day experience unlike any other. Join us Nov. 10 to help us paint and change someone’s life forever—maybe even your own.

Few things feel better than closing the books on a successful project. Especially one fueled by kindness and compassion.

Whatever your designation in the world of residential homebuilding, you have a calling. Sometimes that calling extends beyond the job site or office. Because, at the end of the day, our collective job is to provide housing for the millions of people who make the Puget Sound region home.

Shoreline Veterans Center

We are the lucky ones. We get to give people a place they can call their very own. Sometimes this space is temporary or shared with others. But it doesn’t make it any less theirs. Take the folks who reside at the Shoreline Veterans Center, a Compass Housing Alliance property. The center is a 25-bed facility for honorably discharged homeless veterans who seek rehabilitation from drug, alcohol, or other issues. The goal of the center and its internal program is to help residents resolve their issues and learn to live on their own as contributing citizens to their communities. Upon graduation from the two-year program, veterans are then moved into their own apartment, but return to the center for ongoing counseling.

2017 Painting a Better Tomorrow volunteers, photo by Alabastro Photography

This year, MBAKS is proud to partner with the Veterans Center for Painting a Better Tomorrow 2018. Painting a Better Tomorrow, or PBT, is an annual one-day service event where association members and community volunteers add fresh paint to the walls and surfaces of a local nonprofit organization. This is where you come in. Even if you’re not a painter by trade, we want you to volunteer! There are plenty of tasks to keep you busy throughout the day and we can all but guarantee that you’ll have a fantastic time helping out a few of our well-deserving neighbors in need.

Volunteer—Just Do It!

Pull together a team of co-workers, friends, or family—or come as an individual and make some new friends and memories! MBAKS provides all the supplies for the event, including breakfast snacks and lunch, as well as our ever-popular, totally stylish PBT t-shirt so you look good while doing good. When you close the books on this project, your life, and those of the Shoreline Veterans Center, will be forever brighter.

Contact Michell Filleau-Maas, 425.460.8232, today, right now, to volunteer.

Step Up With Sponsorship

Over the years, we've painted hundreds of thousands of square feet of service organizations' walls. That wouldn't be possible without the help of our generous sponsors. If your company is interested in sponsoring a fresh coat of paint for the Veterans Center this year, contact Business Development Manager Ty Coleman, 425.278.0222 by October 10.

Photo courtesy Alabastro Photography

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