Mission

The Home Builders Association of Fayetteville’s mission is to serve, advocate, and promote the local building and development industries while fostering unity between members, government and the community.

Vision

The HBAF’ s vision is to be a vital business investment for its members.

THE IMPACT
Of The Housing Industry Economy

The housing sector is the LARGEST US industry, adding $3.2 trillion to the GDP annually and representing 13% of the total output. The housing sector means jobs, opportunity, and growth for every community in every state. Individuals, businesses, and community organizations cannot succeed without it.

Building Homes, Enriching Communities, Changing Lives

To the right is a snapshot of why the housing industry matters to people across the United States.

394

Jobs

Direct jobs created for every 100 houses built

$3.6M

Revenue

Taxes and revenue income for local governments

$28M

Income

Local income per 100 houses built

70

Indirect Jobs

Indirect jobs supported for every 100 houses built

Eye on the Economy

Eye on Housing

Existing Home Sales Decline in March

After reaching the 12-month high last month, existing home sales retreated in March due to lingering high mortgage rates, according to the National Association of Realtors (NAR). Meanwhile, low resale inventory and strong demand continued to drive up existing home prices, marking the ninth consecutive month of year-over-year median sales price increases. Eventually, mortgage rates...