By Erich Armbruster, Ashworth Homes, The Lens News

One of the biggest challenges facing our region is a lack of attainable housing, especially near job centers. Continued growth is driving the demand for more housing and the strong demand is outpacing supply, causing home prices and rents to soar. This is making housing increasingly out of reach for families and workers and threatening our area’s quality of life.

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By MBAKS Senior Policy Analyst Allison Butcher

April marked the second month in a row in King County and the third consecutive month in Snohomish County that the month’s supply of housing inventory was below two months. While this is below the four-to-six-month level—many industry analysts consider as an indicator of a healthy market—the year-over-year gain in inventory is significant.

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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Contact:
Stephanie Giralmo, Public Relations & Media Manager
Master Builders Association of King and Snohomish Counties
p 425.457.7067

FOR IMMEDIATE RELEASE

MBAKS Promotes Jerry Hall to Serve as Executive Director

“For me, the importance of the association’s purpose is heartfelt and personal,” said Jerry Hall, Executive Director of MBAKS. “We are fortunate to live in a region that has enjoyed extraordinary economic success over the last few decades, yet, because the supply of housing did not keep pace with our growth, the cost of housing has reached unattainable levels for too many.”

Hall holds a Bachelor of Arts in Economics from Whitman College and a Master’s in Business Administration from Harvard Business School. With decades of business leadership experience, he joined MBAKS in August of 2018, serving as its Chief Operating Officer. Shortly thereafter, he began serving as its Chief Financial Officer, and most recently as the organization’s Interim Executive Director.

“We are at a tipping point in our region and access to housing is becoming increasingly difficult” stated Hall. “I’m honored to be given the opportunity to lead the vital work MBAKS does in making home ownership possible for generations to come.”

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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