By Marc Stiles / Puget Sound Business Journal

As the Puget Sound region's economy continues its stratospheric rise, many are asking how we can avoid replicating the worst elements of San Francisco Bay area—specifically its soaring home prices.

With economic trends in Seattle following the Bay Area's like clockwork, it seems inevitable that our region will indeed become more like theirs.

By MBAKS Senior Policy Analyst Allison Butcher

Median home prices for single-family homes and condos rose more than 17% year-over-year in King and Snohomish counties in September 2020. The King County median home price was $698,230. In Snohomish County, it was $550,000.

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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This week, MBAKS Senior Director of Strategy & Policy Nick Harper discusses our Primary Contacts Program; this program is key to passing our 10-point legislative agenda.