December 2019 Builders Bulletin: Housing Inventory, Permits Down

By MBAKS Senior Policy Analyst Allison Butcher

Housing inventory for sale fell between September and October to 1.74 months’ supply in King County and 1.51 months’ supply in Snohomish County. In both counties, this is down from a year ago. Meanwhile single-family and multifamily building permits were down 6% in the Seattle Metro Area (including King, Snohomish, and Pierce counties) in September compared to the same period last year.

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:

In December 2016, the Washington state Supreme Court struck a blow to vesting rights when it ruled that newly adopted stormwater regulations do not vest. The Court let stand a window for certain projects to remain vested. The new stormwater regulations will apply to all applications submitted after July 1, 2015 and projects approved prior to July 1, 2015 which have not started construction by June 30, 2020.

The case, Snohomish County, et al. v. Pollution Control Hearings Board, will severely impact applications that have been submitted to a jurisdiction but are not yet approved. The opinion eliminates vesting for environmental regulations mandated by the state, including stormwater.

MBA member Duana Koloušková of Johns Monroe Mitsunaga and Koloušková, testifying on behalf of SB 5212 at a Senate Local Government Committee hearing on Jan. 24, 2017

An editorial by MBA President Mike Walsh was recently published in The Herald discussing the case and explaining why vesting is so important to the homebuilding industry.

While there is no ability for local government to overcome the decision with local legislation, King and Snohomish counties are currently petitioning the Court to reconsider and clarify some of the opinion.

Further, there is a proposal before the Washington State Legislature, Senate Bill 5212, that would restore vesting rights.

For more information, contact Snohomish County Manager Mike Pattison, 425.460.8203.

stormwater-vesting-ko-d-by-state-supreme-court

Builders

01/11/2021

PRESS RELEASE: Master Builders Association Inducts Todd Levitt as President

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

Master Builders Association Inducts Todd Levitt as President

BELLEVUE, Wash—January 11, 2021—The Master Builders Association of King and Snohomish Counties (MBAKS) inducted Todd Levitt as its 2021 president of the board of directors during a virtual passing of the gavel ceremony in December 2020.

Levitt brings an extensive background in homebuilding to his role as MBAKS president. He has worked for more than 19 years across four western states on the land side of homebuilding—13 years as vice president of land at Pulte Homes and six years at Murray Franklyn as director of entitlements and government affairs. Levitt received his bachelor's in marine engineering from the United States Merchant Marine Academy and his master's in finance from California State University, Los Angeles.

Levitt set the 2021 MBAKS agenda as one of service: to the communities that homebuilders work in, to the jurisdictions that make housing policy possible, and to the association’s members and staff.

“Service is something I am very passionate about that is engrained within me,” says Levitt. “If we can serve our jurisdictions in a way that helps them be more successful with their councils, staff, and residents, this should only help us in accomplishing our goals in delivering more housing that is desperately needed in our very fast-growing region.”

Over the last four years, Levitt has performed as the service chair for his son’s Boy Scout troop, where he has organized community events like canned food drives, trail clean-ups, and Santa Scouts, a program that generates food, clothing, and games for underserved children. He also has dedicated time and resources to Habitat for Humanity and helped Doxa Housing build homes in Mexico, as well as participating in MBAKS’ Rampathon, where accessibility ramps are built for those in critical need.

The newly inducted 2021 board of directors is rounded out with First Vice President Cameron McKinnon (Gamut360 Holdings), Second Vice President Traci Tenhulzen (Tenhulzen Residential), Secretary Luellen Smith (Rhino Wine Cellars & Cooling Systems), and Immediate Past President Brian Holtzclaw (Village Life).

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, thriving, and inclusive region.

press-release-master-builders-association-inducts-todd-levitt-as-president

Builders

01/22/2018

Membership Minute: Meet Joe Jonart, Axia Home Loans