By MBAKS Senior Policy Analyst Allison Butcher

The January jobs report was just released on March 16 and showed improvement from the prior month. Washington’s unemployment rate fell from 7.1% in December 2020 to 6.0% in January 2021. The January unemployment rate in the Seattle metropolitan area was 5.8%. The March Builders Bulletin also includes year-end permit totals for 2020, which were relatively flat for single-family. In contrast, multifamily permits fell 17% in King, Snohomish, and Pierce counties in 2020 compared to 2019.

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:

Spoiler: It's the top 10 green neighborhoods list. Georgetown is number eight.

Apologies for the clickbaity title. You should know that we would never make you click through twenty pages only to find a mediocre surprise at the end of the journey.

Back on topic, this is actually pretty cool for Georgetown, the area formerly known for satisfactorily dingy bars, burgers, and a weird smell probably produced by a mixture of said beer and burgers with a hint of airline fuel.

Redfin found that 56 percent of Georgetown homes were considered green, meaning they had one or more green features.

The study, conducted by Redfin data scientists, analyzed real estate listings for homes sold between January 2017 and April 2018 in more than 80 metro areas. The study also found that homes with the aforementioned one or more green features sold at significantly higher rates than those boring old techless homes—green had a median price of $569,000, compared to $522,000 for all other homes. That's…like a $47,000 difference. Right? Yes.

Numbers one and two on the list were, surprisingly, in Cleveland—the Malvern and Fenway neighborhoods in the upscale Shaker Heights neighborhood known for its sustainability efforts, among other things.

Neighborhoods in Philly, Orange County (CA), and the hipster haven Red Hook area of Brooklyn rounded out the list.

What does this mean for Georgetown? Nothing much more than a brag piece. It does, however, bring to light the fact that our builders and residents are trying. And that means something. Built Green, which certifies green homes in King and Snohomish counties and advocates for sustainability, can likely take some credit for Georgetown's number eight spot; last year, the partner program of MBAKS certified more than 800 new homes, which isn't easy to accomplish. Homes must adhere to vigorous checklists to be considered Built Green.

Says Built Green Program Manager Leah Missik, "Building green is about more than the gadgets that go into a home. (Programs like) Built Green work hard to promote healthy, sustainable communities in a variety of ways." Missik and Built Green are proud to lead by example both locally and at a national level. In fact, Missik says, "Each individual (Built Green) home is more water and energy efficient, healthier, and more comfortable, but our checklist also promotes walkability, access to transit, and community resources."

Missik drives home the importance of all-encompassing, sustainable communities like Georgetown and those others on the list, saying, "Homes are, after all, part of a community through the people who live in them!"

It's no secret that in progressive cities like Seattle and its surrounding areas that green is quickly becoming the new gold. People pay more for healthier, more sustainable homes and builders know this. Money has always talked, but when you attend a Built Green event, you quickly realize the people involved in green building also walk the walk. It's about more than higher home prices, which are already doing just fine in our area. It's about building a healthier future for our kids, and their kids, and so on.

Congratulations on being green, Georgetown. We'd buy you a beer, but you probably already have that covered.

FOR IMMEDIATE RELEASE
Nona Raybern, PR & Media Manager
Master Builders Association of King and Snohomish Counties
p 425.457.7067
m 425.208.6308

Housing Choices Toolkit Released to Assist With Local Planning

Toolkit offers proven policies to help create more housing choices so current residents, newcomers, and future generations can find a home that best fits their lives

BELLEVUE, Wash—August 19, 2020—Today, the Master Builders Association of King and Snohomish Counties (MBAKS) released a toolkit designed to help local communities create more housing choices.

As the Puget Sound region advances its collective response to the health, economic, and social crises created by the COVID-19 pandemic, those in the local homebuilding industry stand with their fellow community members. In creating and distributing this Housing Toolkit, MBAKS continues its collaborative approach to encourage the creation of more housing and more variety.

“Our region has for years been grappling with a housing crisis, and the pandemic and related economic crisis have significantly amplified the need for solutions that create more diverse and affordable housing choices for all,” said MBAKS Executive Director Kat Sims.

“We are often asked by local governments and community leaders for actionable ideas and solutions to plan for and enable more housing choices that fit the unique needs of each community. We are providing this toolkit in a spirit of partnership so cities and counties may more easily find a spectrum of proven housing policies and see which of their neighboring communities are already implementing these ideas.”

The MBAKS Housing Toolkit contains 37 specific code updates and process improvements jurisdictions can take to help provide more diverse, more affordable housing for our growing population. The toolkit is intended to serve the unique local needs of individual communities, help protect what current residents already love about our region and support the broader regional effort to plan for more housing choices.

Regulations and long permit timelines can create significant obstacles for those seeking housing by driving up costs and pushing new homes even further out of reach for many buyers and renters. There are, however, simple steps cities and counties can take today to help ease some of these regulatory burdens and reduce certain cost pressures on new housing without compromising environmental protections or other important policy goals.

All the tools featured in the toolkit can be adopted locally. None of them require state-enabling legislation. Included throughout the toolkit are examples of local jurisdictions already utilizing these tools and model codes that cities can reference. Some examples include policies that support accessory dwelling units (ADUs) in single-family zones, reduced parking requirements near transit, planning tools that facilitate infill development, video inspections, more transparency in permit timeline data, Built Green incentives, and affordable housing levies.

The MBAKS Housing Toolkit also includes a chart indicating the effectiveness of each measure to facilitate housing.

View the Housing Toolkit

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 and 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.