By MBAKS Senior Policy Analyst Allison Butcher

New data from the Puget Sound Regional Council show our four-county region (King, Snohomish, Pierce, and Kitsap counties) has added more than 464,000 jobs since 2010. That works out to over 2.75 jobs for every housing unit constructed during this period.

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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The Rolls-Royce and the Ferrari parked in front of a real estate sales office in Seattle's Belltown neighborhood Wednesday night were the first indication that this was no normal "house party."

The line of blue-jacketed valets, the red carpet and rope line, the doorman with a list of registered guests, the wine bar, the gourmet hors d'oeuvres, the black-tie-wearing servers, the mini pop-up shop for custom-tailored men's suits—all of that was a pretty good signal, too.

A decidedly less stereotypical Seattle—sans the hiking and rain gear that usually defines us to the world—actually dressed up and turned out to mingle and tour a mock floor plan for a luxury condominium development called Nexus.

By Mike Richards, The Lens News

Washington homebuilders and realtors are praising a new law that would clarify what land is considered buildable under Growth Management Act (GMA) comprehensive plan updates—a move stakeholders say will help address housing inventory shortages across Washington.

The Senate approved SB 5254 in a 47-2 vote on June 29. On the same day, the bill passed the House in a 85-9 vote, with four excused. On July 6, Governor Jay Inslee signed the measure into law.