January Builders Bulletin

January Builders Bulletin: Housing Inventory in King and Snohomish Counties Remains Low

Despite Increase As of December 2024, the housing inventory in King County stood at 1.6 months’ supply, a slight increase from 1.4 months in December 2023. Similarly, Snohomish County experienced a rise in housing inventory, reaching 1.1 months’ supply, up from .9 months the previous year. While these numbers reflect a modest improvement, they remain well below the four- to six-month supply level that many industry analysts consider indicative of a healthy market.

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MBAKS Inducts Cameron McKinnon as 2022 Board President

BELLEVUE, Wash., Feb. 3, 2022—The Master Builders Association of King and Snohomish Counties (MBAKS) inducted Cameron McKinnon as its 2022 President of the Board of Directors during the annual holiday gala in December 2021.

Born and raised in Everett, Washington, Cameron has over 15 years of experience working in the development and construction industry. After graduating from the University of Denver with degrees in Finance and Accounting. Cameron joined Gamut360 Holdings, LLC to launch and oversee the company’s new division in Seattle which focused on infill residential development of single-family homes and townhomes.

Cameron joined MBAKS in 2013 and has been an active member within the Seattle Builders Council since that time. In 2018, he joined the Board of Directors and within 6 months was elected the 2nd Vice President. As one of the youngest Board Presidents in the history of the organization, Cameron is embracing tomorrow and focusing on growing a younger membership base. He also will work to expand MBAKS’ advocacy work within the housing industry.

“As we look ahead, we are beginning to see a shift in our region’s mindset around what housing and density should look like,” says Cameron. “It is the responsibility of MBAKS to help guide our jurisdictions towards responsible growth to allow for more housing options for all.”

In addition to his role as Partner and the Director of Acquisitions and Development at Gamut360, Cameron recently co-founded Confluence Development, LLC, a Seattle-based residential real estate development firm that focuses on infill developments of townhomes and single-family homes in the Greater Seattle area.

The newly inducted 2022 Board of Directors is rounded out with First Vice President Traci Tenhulzen (Tenhulzen Residential), Second Vice President Trevor Johnson (Blackwood Builders Group), Secretary Cameron Kartak (AAA Kartak Glass & Closet), and Immediate Past President Todd Levitt (Murray Franklyn A Family of Companies).

For more information on this release, contact Stephanie Giralmo at sgiralmo@mbaks.com

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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