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.

Download this month's report:

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:

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

FOR IMMEDIATE RELEASE

Master Builders Association President Aims to Continue Association's Legacy as Trusted Source for Homebuilders

“I am thrilled and honored to be serving as President of the Board of Directors,” said Tenhulzen. “After 25 years of being a member, I continue to be inspired by people around me who selflessly give their time to help continue the success of the association.”

With a degree in Exercise Physiology and Business focused on Ergonomics from Washington State University and a Master’s in Human Resources from Southern New Hampshire University, Tenhulzen began her career in Corporate Wellness. Tenhulzen then transitioned into the homebuilding industry when she started her own safety and consulting company, Safety Resource Management and Consulting. She sold her company and joined Tenhulzen Residential seven years later and now serves as the Executive Producer where she oversees the business operations, which includes Human Resources, Sales, and Safety Management.

“Our goal is to build homes, not barriers,” stated Tenhulzen. “The advocacy work that the Master Builders Association of King and Snohomish Counties does will help generations to come set down roots in the wonderful region we call home.”

Tenhulzen is an active member of the Bellevue Breakfast Rotary Club and enjoys watching her son Matthew play football. In their spare time the Tenhulzen family enjoy hiking, skiing, cooking and going on long walks with Isabelle, their black lab.

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.

###