Shannon interviews Lynn Eshleman of Pacific Ridge Homes at our annual Crab Feed and Elected Officials Reception. Shannon and Lynn discuss the big issues facing Snohomish County residential building professionals.

Learn more about our advocacy efforts

Contact:
Stephanie Giralmo, Public Relations & Media Manager
Master Builders Association of King and Snohomish Counties
p 425.457.7067

FOR IMMEDIATE RELEASE

Master Builders Association President Aims to Continue Association's Legacy as Trusted Source for Homebuilders

“I am thrilled and honored to be serving as President of the Board of Directors,” said Tenhulzen. “After 25 years of being a member, I continue to be inspired by people around me who selflessly give their time to help continue the success of the association.”

With a degree in Exercise Physiology and Business focused on Ergonomics from Washington State University and a Master’s in Human Resources from Southern New Hampshire University, Tenhulzen began her career in Corporate Wellness. Tenhulzen then transitioned into the homebuilding industry when she started her own safety and consulting company, Safety Resource Management and Consulting. She sold her company and joined Tenhulzen Residential seven years later and now serves as the Executive Producer where she oversees the business operations, which includes Human Resources, Sales, and Safety Management.

“Our goal is to build homes, not barriers,” stated Tenhulzen. “The advocacy work that the Master Builders Association of King and Snohomish Counties does will help generations to come set down roots in the wonderful region we call home.”

Tenhulzen is an active member of the Bellevue Breakfast Rotary Club and enjoys watching her son Matthew play football. In their spare time the Tenhulzen family enjoy hiking, skiing, cooking and going on long walks with Isabelle, their black lab.

 

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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 region. From new technology to advances in sustainability, from collaborative public policy efforts to investing in our communities, our commitment to a thriving, inclusive and well-planned region never wavers. We are the professional homebuilders, architects, remodelers, tradespeople (carpenters, framers, roofers, plumbers, electricians), planners and engineers, suppliers, manufacturers, and sales and marketing professionals in your community who believe everyone deserves access to a healthy and productive place to call home.

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Number of the Day: 12.4

As in, Seattle metro area median home prices are up 12.4 percent from last year, topping Zillow's list of fastest appreciating U.S. markets.

In the everlasting battle between West Coast cities boasting the most eye-popping home prices, Seattle seems to have landed a surprise left uppercut to its sister (cousin?) to the south, the n-o-t-o-r-i-o-u-s San Francisco.

San Fran (they hate being called that) still holds the edge in median home values, with the average Bay Area home running just over $865,000, compared to $455,000 in the Seattle metro area, which includes Everett, Bellevue, and Tacoma.

Despite the still rather large gap in median prices, our region's $455,000 is up 12.4 percent from last year, which is good enough to top Zillow's list of fastest-appreciating markets. U.S. home values rose 6.9 percent during the same period, while San Francisco has thus far seen a 6 percent increase, or half of what Seattle is experiencing.

Still, don't expect the median price gap to close anytime soon. San Francisco had hit our current median home value way back in July 2002 and they haven't looked back since.

Is this a sign of where we're headed? MBAKS and friends recently addressed this issue at our annual Housing Summit, held October 17. At the Summit, the association announced our 2018 legislative agenda, including a 10-Point Plan for Housing Attainability.

Curious about the rental market? Seattle tops that list too, with a 5.5 percent increase year over year, which comes out to a median monthly rent of $2,189. U.S. rents are up 2.1 percent (at $1,430 a month), and San Francisco again limbos under the trend at a scant 0.4 percent increase, though don't start putting flowers in your hair just yet—their median rent is still a bloated $3,376 per month.

I guess that's one thing to be thankful for this Northwest Thanksgiving—at least we're not San Francisco… yet.