FOR IMMEDIATE RELEASE
Media Contact:
Sharon Couts
Master Builders Association of King and Snohomish Counties
425.499.1723

10-Point Action Plan to Fight the Housing Affordability Crisis in the Puget Sound Region to be Announced at 2017 Housing Summit

Free event on Tuesday, October 17, to focus on housing attainability solutions

Bellevue, Wash—October 4, 2017—The Puget Sound area's housing market is in crisis. The demand for housing in our region continues to significantly outpace residential housing supply, making it difficult to purchase reasonably priced homes near job centers. In response, the Master Builders Association of King and Snohomish Counties (MBAKS) has identified a 10-point action plan to help provide attainable housing for our growing population.

"Our region's housing attainability crisis is a big problem that demands bold solutions," said Nick Harper, MBAKS senior director of strategy and policy. "We need to come together to implement a legislative agenda that helps ensure housing opportunities for everyone."

Witness live the unveiling of this bold legislative agenda at the fourth annual MBAKS Housing Summit October 17, at the Meydenbauer Center in Bellevue. The Housing Summit begins at 8:30 a.m. This free event will be emceed by Pat Cashman and will include presentations by top housing experts and area leaders. Featured speakers include:

• Clay White, Principal Planner, LDC Inc
• Elliot Eisenberg, nationally renowned economist
• Jon Nehring, Marysville Mayor
• Gail Luxenberg, executive director, Habitat for Humanity Seattle-King County
• Joe Fitzgibbon, Representative, 34th District
• Brian Bonlender, agency director, Washington State Department of Commerce
• Pat Cashman, emcee, local TV and radio personality

Space is limited. Register online at mbaks.com or by calling (425) 451-7920.

 

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About MBAKS

Founded in 1909, the Master Builders Association of King and Snohomish Counties (MBAKS) has grown to become the largest residential homebuilders association in the United States. With 2,900 member companies, the association is dedicated to membership value, housing advocacy, community service, and financial stewardship throughout the Puget Sound region.

 

This week, Denny Conner of CRD Design Build gives us a preview of the October 21–22 Remodeled Homes Tour. Watch to learn why you should participate, whether you're a remodeler or a homeowner.

Learn more about RHT

By MBAKS Senior Policy Analyst Allison Butcher

Single family permits in the Seattle metro area were down 14% and multifamily permits down 6% through the end of May, compared to the same period last year. Meanwhile, the supply of homes for sale continues to be very low—just 1.77 months in King County and 1.49 months in Snohomish County during June. These are just some of the housing statistics you’ll find reported on in the latest Builders Bulletin.

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: