Today the Master Builders Association of King and Snohomish Counties, along with additional local businesses operating in Everett and Snohomish County, filed a complaint in Snohomish County Superior Court challenging the constitutionality of Initiative 24-03.

Housing inventory in King County stood at 1.6 months’ supply, a slight increase from 1.4 months in December 2023. Similarly, Snohomish County experienced a rise in housing inventory, reaching 1.1 months’ supply, up from .9 months the previous year.

The median price of single-family homes and condos reached $837,350 in King County and $760,000 in Snohomish County in November 2024.

MBKAS has partnered with Gelotte Hommas Drivdahl Architecture (GHDA) to produce a project for Gingerbread Village—on display now through January 1, 2025 at the Sheraton Grand Seattle.

The Puget Sound region's population grew by 46,800 to reach 4,483,900 residents by April 2024, with King County leading the growth at 30,300 new residents, intensifying the need for expanded housing options.