By MBAKS Senior Policy Analyst Allison Butcher

Housing Inventory Still Well Below Healthy Levels

Despite a modest increase in housing inventory for sale in King and Snohomish counties during September—reaching the highest levels seen all year with 1.13 and 1.26 months’ supply of inventory respectively—these figures are still well below the four-to-six month range that many industry analysts consider to be an indicator of a healthy market. The continued high demand and low supply is driving year-over-year price hikes of more than 14 percent in both counties.

The Builders’ Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, U.S. Census Bureau, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report:

FOR IMMEDIATE RELEASE
Media Contact:
Sharon Couts
Master Builders Association of King and Snohomish Counties
425.499.1723

Governor Signs into Law Permit Process Improvements to Help Housing

New Law Will Create Efficiencies in the Final Plat Approval Process for Subdivisions

Bellevue, Wash—April 27, 2017—Governor Jay Inslee today signed into law Senate Bill 5674, providing a local option to allow administrative approval of the final plat process. The bill, sponsored by Senator Guy Palumbo (D-1st District) and Senator Joe Fain (R-47th District), will provide significant efficiencies in many jurisdictions where it can take a long time to get a final plat through the legislative process.

Shannon Affholter, executive director of the Master Builders Association of King and Snohomish Counties, explained why the bill is one of the Association's top legislative priorities: "Allowing local governments to delegate final plat approval to planning directors or other designated authorities will save our members weeks or even months of delay in getting on Council agendas for final approval in what is largely a pro forma action," he said.

"The new law is a positive step forward for housing affordability because it will bring greater efficiency to the permit process," Affholter added. "In homebuilding, time is money. Anything that reduces unnecessary delays in the permit process helps to lower another cost pressure on housing."

The preliminary plat application provides an opportunity to appeal, so making the final plat approval process administrative will not remove the opportunity for public input or appeal.

About MBAKS

Founded in 1909, the Master Builders Association of King and Snohomish Counties (MBA) has grown to become the largest residential homebuilders association in the United States. With more than 2,800 member companies, the Association is dedicated to membership value, government advocacy, financial stewardship, and promoting the residential building industry in the Puget Sound Region. The Association and its members address many of the concerns and issues affecting the residential housing industry. If you are looking to buy, build, remodel, or maintain your home, trust the MBA for industry professional referrals and practical information to get the job done. mbaks.com

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By Jennifer Hill, Dataworks Consulting

It’s that time of year again.

October is budget season. Advertising, hiring costs, and accounting services may be high on your list, but have you factored system updates into your 2019 budget? It may not yet be on your radar, but Microsoft has announced that the Windows 7 and Server 2008 R2 systems’ end-of-life will be January 14, 2020.

Did You Know?

System replacement can be a huge expense and undertaking, especially in small-to-midsized businesses or if technology isn’t typically on your radar. It is such an undertaking, in fact, that it is tempting to ignore the problem altogether. However, that’s not a temptation you want to indulge! When Microsoft deems a product “end-of-life,” that means they no longer release security patches and updates. As such, every end-of-life operating system you have becomes a security risk. Hackers and malicious software creators know this.

Additionally, if you are not actively patching all your systems regularly now, you are leaving backdoors open to your network and data. The release of security patches by software manufacturers is essentially an announcement of vulnerability. Even if your data is in the cloud, it can be accessed through your local systems if they are breached.

Given the challenges of year-end and a new year, Dataworks recommends that all Server 2008 and Windows 7 systems be replaced well before the end of 2019.

Four Ways to Prepare for Windows 7 and Server 2008 End-of-Life:

• Identify what systems need to be upgraded. Older hardware and equipment may be unable to support operating system upgrades, and so we recommend system replacement rather than merely updating the operating system.
• Develop a timeline and budget for system replacements now. If preparing for Windows 7 and 2008 end-of-life is not there already, it’s time to get them in your 2019 budget. The sooner you can begin to plan for this transition, the more strategic you can be in budgeting.
• If any old systems are business-critical and your business must run old systems, work with your IT provider to ensure that appropriate security measures are in place, namely segmentation. However, running outdated software and OS is never recommended.
• Train employees on the new operating systems. Training should accompany rollouts and your IT provider should offer training with new systems. With a couple tips and tricks, Windows 10 is easy to navigate. Just be sure to account for the learning curve.

Budgets and end-of-year checklists are a headache. Taxes and paperwork are just the tip of the iceberg. As a small-to-midsized business, you have to think about end-of-year bonuses and commissions, getting employees up to speed about their FSA funds, and rounding out 401(k) contributions. The bottom line is that you do not want to be worrying about system replacements on top of year-end tasks. Start now on your system replacement plans.

As you add the final touches to your business’ 2019 budget, make sure to account for the replacement of any end of life systems, as well as other technology platforms that need improvement. Do you need a new software to enhance productivity? Do you need faster internet? Consider outsourcing your IT to ensure these upgrades are done correctly and timely.

If you and your business are looking for assistance preparing for Windows 7 and Server 2008 end-of-life or improving any of your technology platforms, give us a call at 425.687.6185.

MBAKS member Dataworks Consulting is a managed service provider for small-to-midsized businesses in the Seattle metro area. We are passionate about enabling you to do what you do best by removing the hassle and uncertainty that often comes with technology. You are not in the business of solving technology problems—we are.