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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The Rolls-Royce and the Ferrari parked in front of a real estate sales office in Seattle's Belltown neighborhood Wednesday night were the first indication that this was no normal "house party."

The line of blue-jacketed valets, the red carpet and rope line, the doorman with a list of registered guests, the wine bar, the gourmet hors d'oeuvres, the black-tie-wearing servers, the mini pop-up shop for custom-tailored men's suits—all of that was a pretty good signal, too.

A decidedly less stereotypical Seattle—sans the hiking and rain gear that usually defines us to the world—actually dressed up and turned out to mingle and tour a mock floor plan for a luxury condominium development called Nexus.

Home is where life happens. It’s where we spend time with the people we care about, pursue the things we love, and create memories along the way. The spaces in our homes help make those moments possible. 

At MBAKS, we believe everyone deserves a place to call home. More homes mean more people have the chance to make these moments  happen. That idea inspired MBAKS’s new TV commercial, Room for What Matters, which started airing in June 2026.

The commercial highlights three distinct spaces in homes transformed by the people who use them in unique and unexpected ways: a family room reimagined as the ultimate game-night gathering place, a living room turned into a dog-training playground, and a walk-in closet converted into a home recording studio. 

The homes featured in the commercial are located in MBAKS member Greencity Homes’ Isla Community, a collection of three-bedroom cottage-style townhomes in Kirkland. These homes provided the perfect canvas to bring our vision to life, and we are grateful to the Greencity team for their partnership and collaboration throughout the project.

The spot concludes with a look toward the future, featuring new homes under construction and the promise of more rooms—and more stories—to come. For this final scene, we partnered with MBAKS member Olsen Anderson and highlighted one of their residential projects in Seattle’s Queen Anne neighborhood.

We hope this commercial serves as a reminder that homes are about more than four walls and a roof. We invite you to watch it here, and to see how it all came together, check out the below behind-the-scenes production video.