By MBAKS Senior Policy Analyst Allison Butcher

On Sept. 15, the third annual Master Builders Association of King and Snohomish Counties Housing Summit drew a large crowd as we addressed our region's housing affordability crisis.

Governor Jay Inslee offered the keynote speech highlighting the need to produce more housing units and find greater efficiencies in our permit and regulatory processes. Other speakers included Windermere economist Matthew Gardner; Solid Ground President and CEO Gordon McHenry Jr.; John DesCamp of Washington Trust Bank; and Peter Orser, the director of the University of Washington's Runstad Center for Real Estate Studies.

An exclusive video detailing the struggles families face buying a home in today's market was produced for the Summit. You can also view photos from the event.

Next Steps

The Housing Summit helps launch and build momentum for your association's legislative priorities in Olympia. Housing affordability will be the focal point of those efforts in 2017 and beyond. The MBA has identified a number of areas where we plan to focus our advocacy efforts with the hope of improving housing affordability for all of our region's residents.

Specifically, the MBA will continue working to focus policy action on our region's buildable land supply; restore and protect vested development rights; address condo construction defect liability; ensure funding for housing and homeless programs occurs parallel with increased housing supply; and incentivize affordable housing. We have shared these priorities with Governor Inslee's Affordable Housing Advisory Board (AHAB) and are making sure our voice is heard in Olympia.

The MBA also surveyed Housing Summit attendees to get their thoughts on how we can address the housing affordability crisis and we are taking this feedback into consideration. Ideas include such things as increased densities in single family neighborhoods, more focus on multifamily housing, reforming the Growth Management Act, concentrating resources on infrastructure, addressing the skilled labor shortage in the construction industry, and taking further steps to address the homeless crisis.

For more on the specific ideas discussed at the Housing Summit, the Seattle King County REALTORS® wrote this re-cap of the event and the Lens featured it here.

Wondering who has it best in Western Washington and the Pacific Northwest? Look no further than our phenomenal membership base. 

Every year, Seattle Business magazine puts out their list of the 100 best companies to work for, based on anonymous employee survey responses as picked from 10 categories: corporate culture, executive leadership, benefits, communication, hiring/retention, performance standards, responsibility/decision making, rewards/recognition, training/education, and workplace environment. 

Response scores are then calculated and averaged out, and companies ranked in four categories: small, midsize, large, and those headquartered outside Washington state. 

Which employees are smiling away at their standup desks flanked by exotic popcorn machines and flashy breakroom games where they can count their 401Ks? We’re proud to announce that 21 MBAKS member companies made the grade for 2018. Full disclosure, we were a little perturbed Seattle Business magazine didn’t expand the list to 3,000 and put all our awesome members on the list, but there’s always next year. 

Check out the extensive list of member companies that raised the bar in 2018. 

Large Companies (150+ Employees)

• Bob’s Heating & Air Conditioning
• Clark Nuber
• Edward Jones
• Evergreen Home Loans
• Exxel Pacific
• Redfin
• Sequoya Electric
• Valley Electric
• Zillow Group

Midsize Companies (50–149 Employees) 

• American Income Life
• Andersen Construction
• Berntson Porter & Company
• Gravity Payments
• Pacific Capital Resource Group
• Pillar Properties 
• Sweeney Conrad

Small Companies (15–49 Employees) 

• Board & Vellum
• Carlisle Classic Homes
• Chermak Construction
• Kalles Group
• Pacific Crest Savings Bank

Congratulations to all 21 of our member companies for going above and beyond! 
See the entire list at seattlebusinessmag.com

By MBAKS Senior Policy Analyst Allison Butcher

The Employment Security Department’s latest Monthly Employment Report shows a strong labor market in Washington and Seattle. As reported in the November Builder’s Bulletin, Washington’s unemployment rate for September fell to 4.4 percent, representing a 42-year low based on the Bureau of Labor Statistics data series. The Seattle/Bellevue/Everett unemployment rate was 3.4 percent.

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, State of the Cities Data Systems, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report: