This week, Shannon and MBAKS President Mike Walsh take a break from building a wheelchair ramp to talk about the importance of Rampathon.

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By MBAKS Senior Policy Analyst Allison Butcher

Housing Inventory Still Well Below Healthy Levels

Despite a modest increase in housing inventory for sale in King and Snohomish counties during September—reaching the highest levels seen all year with 1.13 and 1.26 months’ supply of inventory respectively—these figures are still well below the four-to-six month range that many industry analysts consider to be an indicator of a healthy market. The continued high demand and low supply is driving year-over-year price hikes of more than 14 percent in both counties.

The Builders’ Bulletin is intended to provide a convenient way to track housing in our market and includes information from the Northwest Multiple Listing Service, U.S. Census Bureau, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report:

By Noah Haglund, The Everett Herald

Everett, Wash.—A united Snohomish County Council passed a budget Monday that staves off most public safety cuts with help from a modest property tax increase.

The spending plan for 2017 followed the contours that council Chairman Terry Ryan had recommended a week earlier. Ryan's budget, in turn, hewed closely to a $238 million plan that Executive Dave Somers unveiled in September, though the council softened cuts to key sheriff's office programs.