news-blog

News & Blogs

Breaking news and resources from across the industry.
View Cart 0 Item

MBA News

  • Spring Housing Boom has a Downside in Seattle area

    Posted on Mar 21, 2017 in:
    • MBA News
    Washington state builders issue ideas to address the area's affordable housing crisis. With inventory down 25%, homes values increasing, rents skyrocketing, and more people relocating to the area, the Pacific Northwest housing market continues to struggle with a housing affordability crisis. The Master Builders Association of King and Snohomish Counties (MBA) predicts more of the same for the spring housing market as prices continue to go up and demand stays tight in the rapidly growing region.
    Read More
  • PRESS RELEASE: More of the Same for This Spring’s Housing Market: Increasing Home Prices. Low Inventory. Bidding Wars.

    Posted on Mar 21, 2017 in:
    • Press Releases
    • MBA News
    Bellevue, WA – March 21, 2017 – With the inventory of homes for sale down 25 percent, homes values increasing over 10 percent, rents skyrocketing, and more people relocating to our region, the Pacific Northwest housing market continues to struggle with a housing affordability crisis.
    Read More
  • Will apartment supply overtake demand in Snohomish County?

    Posted on Mar 8, 2017 in:
    • MBA News
    More than 2,000 apartments are being built across Snohomish County — with more on the way. That leads to the question: How many are too many? “It depends on who you’re rooting for — whether you’re rooting for the owners, the developers and the office managers or the tenants,” said Tom Cain of Apartment Insights Washington, a Seattle real estate market research firm.
    Read More

Industry News

  • Lots of housing going up here, but job growth keeps the demand rising even faster

    Posted on Mar 20, 2017 in:
    • Industry News
    We know about Seattle’s construction boom — but how does the region’s growing supply of housing stack up against other big hubs? New census data show the Seattle metropolitan area doled out permits for 25,516 new housing units in 2016, the seventh-most in the country. That’s not bad at all considering we’re the 15th-biggest metro area in the nation. All the places that built more housing than Seattle last year are far bigger than us.
    Read More
  • Families living in Seattle spend $950/month more than families in suburbs, says report

    Posted on Mar 7, 2017 in:
    • Industry News
    Families living in the Seattle metro area spend almost $950 more every month than those living in the suburbs, according to a new report by Zillow and Care.com, an online family care provider. The Seattle metro area has the eighth highest combined housing and child care cost compared to other cities in the report, which included Portland, Los Angeles, San Francisco, Phoenix, Washington D.C. and New York, among others.
    Read More
  • Do we have enough land for all the people moving to Washington state?

    Posted on Feb 27, 2017 in:
    • Industry News
    Do we have enough land for all the people moving to Washington state? There’s a bill working its way through Olympia that would change how planners would answer that question. It’s backed by builders and realtors. To understand the bill, you have to go back to the the Growth Management Act of 1990. That law requires us to plan for growth. Here’s how we do it: We look out, 20 years into the future, and estimate how many people are going to move here. And then – we have to find room for them to live.
    Read More

Search the MBA Blogs