By MBAKS Senior Policy Analyst Allison Butcher

The unemployment rate for Seattle, Bellevue, and Everett jumped to 14.5% in April, reflecting major job losses due to COVID-19. Statewide, the construction industry lost 81,000 jobs between March and April, a 32.5% drop. Meanwhile, home prices have been holding steady, with year-over-year median home prices up in King and Snohomish counties amid continued low housing inventory.

The Builder's 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.

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Following a vote of our members of record, MBAKS is pleased to announce the following elected positions on the MBA 2025 Board of Directors:

• First Vice President, Vitaliy Gutsalo of Greencity Development, LLC
• Second Vice President, Tod Sakai, Sockeye Homes
• Secretary, Brenda Nunes of KW Nunes Group
• Associate at Large, Jordan Thayer, Morgan Stanley
• Builder at Large, John Mirante, D.R. Horton by Pacific Ridge Series
• Builder at Large, Mark Chriest, MainVue Homes 

This week, Leah Missik, our Built Green program manager, announces the keynote speaker for our 2017 Built Green® Conference.

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