Contact: data@mbaks.com

In July 2024, Washington’s unemployment rate stood at 4.9%, with the Seattle/Bellevue/Everett area slightly lower at 4.4%. The construction sector faced a significant downturn, losing 14,100 jobs over the past year, bringing total statewide construction employment to 227,400. This decline highlights ongoing challenges in the industry despite overall employment stability.

Read the full August Builders Bulletin:

Contact: data@mbaks.com

This month's Builders Bulletin features a new data point, the NAHB/Wells Fargo Housing Market Index (HMI). This is a national and regional indicator that tracks builder perception of current single-family home sales and expectations. It has decreased every month in 2022, reflecting a general bearish outlook towards the housing market amid rising construction costs and high interest rates.

Download this month's report:

FOR IMMEDIATE RELEASE
Media Contact:
Nancy Grygorowicz-Davis
Master Builders Association of King and Snohomish Counties
425.460.8216

Master Builders Association Names Lowe Director of Government Affairs

BELLEVUE, Wash.—June 26, 2018—The Master Builders Association of King and Snohomish Counties announced that it has named Marco M. Lowe as director of Government Affairs.

Prior to joining MBAKS, Lowe served as vice president of Seattle’s renewable district energy system, Enwave Seattle, where he led the system’s growth, government relations and other operational duties. Earlier, he served as department director in Seattle’s Office of Intergovernmental Relations.

Before his role at Enwave, Lowe worked as chief of staff at New York City’s Department of Small Business Services, as director of community relations for Mayor Greg Nickels and as a member of Gary Locke’s gubernatorial staff.

“I am very excited to be joining the team at MBAKS and am ready to help carry on the critical mission of housing the Puget Sound region,” Lowe says on his new role. “The advocacy work at the association is an integral part of this mission, and I am lucky to be working with such a strong group on the Government Affairs team.”

MBAKS Executive Director Kat Sims says, “In our continued efforts to advocate for the builders and residents of our great region, Marco’s experience with city government will be an asset to our association members as well as the cities and homeowners for which they build market-rate, middle-income and affordable housing options.”

Lowe received a Bachelor of Arts at the University of Washington before earning his master’s degree in public administration from Harvard’s Kennedy School.

Lowe begins his tenure at MBAKS June 27.

 

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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 home builders 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.

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