Don't get on the wrong side of L&I. Recorded live at the March 23 Remodelers Council Dinner, L&I's own Erich Smith guides you through the rules and regulations you need to know to stay safe and fine-free.

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King County recorded a 1.5 months' supply of housing inventory as of June 2023, indicating a slight increase from the 1.34 months' supply reported in June 2022. Similarly, Snohomish County saw its inventory supply rise to 1.07 months, up from 1.34 months a year earlier. These figures illuminate the ongoing challenges of supply and demand dynamics in the area's housing market. According to many industry analysts, a four- to six-month inventory level is often deemed indicative of a healthy real estate market. Despite the increase, the current supply falls notably short of this benchmark, underscoring the continued pressure on prospective homebuyers and the need for further market adjustments. Read the full August Builders Bulletin.

Read the full August Builders Bulletin:

By MBAKS Senior Policy Analyst Allison Butcher

The latest Builder’s Bulletin includes annual population estimates recently released by the Office of Financial Management (OFM). According to OFM, the Puget Sound Region’s population as of April 1, 2018 was 4,134,660. Over the past year, the region added 67,860 people, which is down from last year but still strong.

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, State of the Cities Data Systems, Office of Financial Management and the Washington State Employment Security Department.

Download this month's report: