Listen: The Dunn Lumber Podcast: How Contractors Can Protect Themselves From Litigation, recorded live November 17 at the Master Builders Association Remodelers Council Dinner.

Scott Noel is an attorney with AMS Law, focused on Washington State Safety Act (WISHA) and Occupational Safety and Health Administration (OSHA) citations. In this podcast, Scott provides insights into avoiding litigation in the first place and how to protect your business once litigation has begun.

Learn more about RC

Homing in on Our Region's Housing Statistics

By MBAKS Senior Policy Analyst Allison Butcher

Data from the Northwest Multiple Listing Service show King and Snohomish counties had less than two weeks of supply of homes for sale in March, while home prices continued to escalate. Meanwhile, single-family permits for King, Snohomish, and Pierce counties combined stood at 1,259 through February, with 3,039 multifamily units permitted in the three counties during the same two-month period.

Please contact data@mbaks.com with questions or feedback. We want to know what data would be useful to you!

Months' Supply of Housing Inventory

As of March 2022

	King County had 0.49 months' supply of inventory (down from 0.60 months' of inventory a year ago).
	Snohomish County had 0.42 months' supply of inventory (up from 0.28 a year ago).

Many industry analysts consider a four-to-six-month level as an indicator of a healthy market.

Source: Northwest Multiple Listing Service

Median Home Price

March 2022

	The median price of single-family homes and condos was $838,753 in King County and $758,707 in Snohomish County.
	For single-family homes only, the median price in King County rose 12.73%, from $824,997 a year ago to $930,000. The median price in Snohomish County rose 25.00%, from $640,000 to $800,000.
	In Seattle, the median price of single-family homes and condos was $865,000. The median price for single-family homes only was $970,000, a 17.58% increase from $825,000 in March 2021.

Source: Northwest Multiple Listing Service

Building Permit Activity

Jobs

	The seasonally adjusted Washington unemployment rate for March 2022 is 4.2%; for Seattle/Bellevue/Everett, it is 3.1%.
	Construction employment in Washington increased by 1,300 between February 2022 and March 2022. Total construction employment is 231,200 statewide and 106,900 for Seattle/Bellevue/Everett specifically.

Source: Employment Security Department: WA Employment Estimates (Seasonally Adjusted), March 2022 and Bureau of Labor Statistics.

Population

The Puget Sound region's population as of April 1, 2021 was 4,330,400. Over the past year, the region added 66,200 people, as follows:

Source: Office of Financial Management

Icons made by Freepik from flaticon.com

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

Bellevue, Wash.—November 14, 2016—Seattle was recently named the “crane capital of America” by a Seattle Times article, with 58 cranes currently in operation, an increase of 38 percent in the past year. And these numbers don’t even include cranes located in Bellevue and elsewhere in the Puget Sound area. With more cranes, more possibilities exist for accidents. That is why, beginning in February 2017, the Master Builders Association of King and Snohomish Counties (MBA) and Buildsafe Solutions will be offering free two-day Qualified Signal Person Certification for Mobile Cranes classes. The classes are made available in thanks to a $127,688 grant from State of Washington Department of Labor and Industries’ Safe and Health Investment Projects (SHIP) program.

“We are excited about receiving this grant,” said Shannon Affholter, executive director of the MBA. “Construction site accidents have a huge impact on the construction industry, families, and for anyone affected. We want to prevent accidents. These safety classes teach us how to run equipment properly and keep everyone safe.”

The trainings are free to employers and employees in the construction industry and provide 16 clock hours as well as crane certification. Topics will include crane management, high risks, crane foundations, load charts, range diagrams, crane dynamics, rigging oversight, and signaling, and will provide for a mobile crane signaling protocol and certifications required by the Washington State Department of Labor and Industries.

About the MBA

Founded in 1909, the Master Builders Association of King and Snohomish Counties (MBA) has grown to become the largest residential home builders association in the United States. With 2,800 member companies, the MBA 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

ABOUT THE SHIP PROGRAM

The goal of the SHIP program is to identify, fund, and assist with the implementation of safety and health projects designed to eliminate workplace injuries, illnesses, and fatalities, because one injury, one illness, one fatality, is one too many.

###