By MBAKS Senior Policy Analyst Allison Butcher

Region Sees Continued Decline in Supply of Homes for Sale

Housing data highlighted in the latest Builder's Bulletin show our region continues to face a severe inventory shortage, with only 1.14 months' supply of homes for sale in Snohomish County and less than one months' supply in King County. The November median price of single family homes and condos rose more than 15 percent year-over-year in both King and Snohomish 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:

By Cameron Poague, Bothell Kenmore Reporter

There's an expression that says you should enjoy the small things in life.

Going outside and enjoying a walk on a sunny day, for example. Or getting to work or school and back without assistance or inconvenience. For too many, these tasks are burdensome and dangerous. For a few, getting safely to and from their homes has become downright impossible.

MBAKS has released a new middle housing issue brief to support successful implementation of House Bill 1110. The new brief, Middle Housing Implementation Plan, contains process and model code recommendations for cities subject to HB 1110, as well as tools and resources related to middle housing.

MBAKS’ overarching suggestion for cities implementing middle housing is to keep it simple. The easier and more cost-effective it is to build middle housing, the more likely it is to be built, and the more attainable it will be for those looking for a place to call home. The recommendations in the issue brief were informed by the work of MBAKS’ Ad Hoc Middle Housing Advisory Group and are designed to streamline the review process and facilitate more housing choices.

Allowing more middle housing will enable cities to better plan for a spectrum of housing choices so that current residents, newcomers, and future generations may find a home that best fits their lives. View Middle Housing Implementation Plan.