The Everett Planning Commission recently hosted a public hearing and workshop to discuss your Association’s proposed fee-simple unit lot subdivision measure. The proposed code amendments would allow for fee-simple ownership in multifamily zoned areas as an alternative to “condominium” ownership. Your Association’s staff, as well as six members, testified in support of the measure and discussed certain elements of the draft ordinance.
The Washington State Department of Ecology is scheduled to open for public comment Phase II of its State Environmental Policy Act (SEPA) reform rules update next month. The target adoption date for Phase II rules is April 2014.
Interested Association members will meet with Snohomish County Planning staff in December to discuss possible changes to the county’s tree retention and replacement code. An Association work group has submitted suggested measures that will better utilize available land supply while retaining trees to the Snohomish County Council and Executive’s office.
The King County Flood Control District has embarked on a new planning effort meant to address issues related to the county’s aging system of levees in the Green Duwamish River Watershed. Formally known as the Green River System- Wide Improvement Framework (SWIF), this process is intended to take on the difficult task of planning for flood risks while also meeting salmon recovery goals in the watershed.
What is changing, why it matters and what MBA membership means for you!
Earlier this year, the Master Builders Association of King and Snohomish Counties (MBA) conducted a survey of its members to help gauge their opinions about the permit process in the two-county area. The survey was intended to help increase the Association’s understanding of how local governments are doing with permitting based on members’ experiences with actual projects. The results of this survey indicate there is room for improvement in all aspects of the permit process across most jurisdictions in King and Snohomish counties.
Labor & Industries' (L&I) "Stay at Work" program s a new financial incentive program that encourages employers to bring their injured workers quickly and safely back to light-duty or transitional work by reimbursing them for a portion of their costs. Your association recently had a Group Retrospective Insurance Program (GRIP) participant who received the full $10,000 reimbursement, so you will want to check this out!
Under the Affordable Care Act, all employers that provide "applicable employer-sponsored coverage" or essentially a group health insurance plan are now required to report the value of that health care coverage on employee’s W2s starting in 2014.
Your association is pleased to present this quarterly economic report prepared by Matthew Gardner of Gardner Economics, LLC. The report provides an overview of the Seattle metropolitan area’s economy and real estate market. Gardner's report focuses on events that are of interest to the housing industry community and consumers alike.
In his monthly column, guest columnist and renowned economist Elliot Eisenberg, Ph.D. of GraphsandLaughs, LLC, talks about when the Federal Reserve will start reducing (or tapering) its monthly purchases of $45 billion in Treasuries and $40 billion in mortgage backed securities and how it will come to that decision.
In his monthly column, guest columnist and renowned economist Elliot Eisenberg, Ph.D. of GraphsandLaughs, LLC, asserts there is no evidence to support claims that higher wages will raise household incomes and that there are several better ways to help those with low incomes.
In his monthly column, guest columnist and renowned economist Elliot Eisenberg, Ph.D. of GraphsandLaughs, LLC, talks about the relationship between low wages, low levels of corporate spending and high corporate profits and how this situation will probably be changing over time and will benefit the economy.
Looking around the United States there are cities like Boston, Los Angeles and Washington, DC that have very high house prices. Yet there are equally successful cities like Austin, Dallas, Louisville and Oklahoma City that have much more affordable home prices. Why the difference? Of course the surf is better in L.A. than in Dallas, but it has always been better, and 40 years ago L.A. was not an expensive city. The reason for this disparity is regulation.
Looking ahead at the second half of 2013, the economic news is pretty solid. The US economy is on the mend, the labor market is slowly healing and house prices are up about 10 percent from year-ago levels. In addition, Europe (while in recession) appears to be holding together, DC budget brinksmanship is fading, car and light-truck sales along with consumer sentiment are rising, and new home construction continues its steady ascent. The only serious domestic fly in the ointment is the significant fiscal drag from Washington as the result of sequestration and year-end tax increases. The biggest foreign drag is Europe’s recession is hurting US exports.
Economist Elliot Eisenberg’s latest column explains why he believes those who say we are due for another recession are wrong. Eisenberg looks at past recessions and current economic trends, focusing on interest rates, to make the case for why there is no recession in sight.
While economic growth has been lackluster since the end of the recession in summer 2009, guest columnist and renowned economist Elliot Eisenberg, Ph.D. of GraphsandLaughs, LLC thinks this is likely to change, despite the sequester. In his monthly column, he gives his top four reasons why.
Guest columnist and renowned economist Elliot Eisenberg, Ph.D. of GraphsandLaughs, LLC, explains why he doesn't think inflation is an inevitablity.