By MBAKS Senior Policy Analyst Allison Butcher

December 2019 permit numbers show the Seattle metro area ended the year with a modest 3% decline in single-family permits and a 5% drop in multifamily permits compared to 2018. The overall decline for the metro area was driven by King County, which ended the year with 14% fewer single-family permits. However, Snohomish County saw an 11% uptick in single-family permits, and Pierce County was up 3%. For multifamily permits, the year-end decline for the metro area was driven by Pierce County, which saw permits drop 43%. Meanwhile, multifamily permits rose 13% in Snohomish County and remained flat in King County.

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: data@mbaks.com

Housing Production Slows Across the Seattle Metro Area

Building activity across the Seattle metro has cooled this year. As of August, 4,390 single-family homes and 4,770 multifamily units have been permitted—representing year-over-year declines of 5% and 26%. In Seattle, 406 single-family and 1,700 multifamily permits have been issued to date.

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FOR IMMEDIATE RELEASE
Media Contact:
Caia Caldwell
Master Builders Association of King and Snohomish Counties
425.460.8213

Master Builders Association Hires Jeremy Hall as Its New Chief Operating Officer

In addition to having more than a dozen years of business leadership experience, Hall is a graduate of Harvard Business School and holds a Master of Business Administration.

Previously, Hall was principal at Brightspeed Consulting, COO of California Medical Evaluators, and COO of Medical Consultants Network. During his time as the COO of Medical Consultants Network, Hall reduced operational expenses, expanded the number of the company’s call centers, and oversaw the growth of a regional company into a national presence. Early in his career, Hall worked for Arthur Andersen where he focused on business consulting specifically within the healthcare, construction, and telecommunications industries.

“I’m delighted to announce that Jerry will be joining the team,” said Kat Sims, executive director of MBAKS. “Jerry’s extensive COO experience and wealth of financial and operational knowledge will help elevate all aspects of our planning and operations, opening up possibilities and improving our performance in the coming years.”

“It is a privilege to join MBAKS,” said Jerry Hall. “Keeping the Puget Sound region as one of the top places in the world to live is something I am passionate about. I’m excited to be part of the vital work MBAKS does for its members and the Pacific Northwest.”

About MBAKS

Founded in 1909, the Master Builders Association of King and Snohomish Counties has grown to become the largest residential homebuilders association in the United States. With nearly 3,000 member companies, the association is dedicated to membership value, housing advocacy, community service, and financial stewardship throughout the Puget Sound region.

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