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

Stucco and Vinyl were the Most Common Siding Materials on New Homes in 2022

According to the annual data from the Census Bureau’s Survey of Construction (SOC), stucco was the most common principal siding material on new single-family homes started in 2022 (28%), followed by vinyl siding (26%), fiber cement siding (such as Hardiplank or Hardiboard (21%) and, brick or brick veneer (18%). Far smaller shares of single-family homes started last year had wood or wood... Read More ›

Eye on Housing

Employment Situation in August: State-Level Analysis

Nonfarm payroll employment increased in 33 states and the District of Columbia in August compared to the previous month, while 17 states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 187,000 in August, following a gain of 157,000 jobs in July. On a month-over-month basis, employment data was strong in California, which... Read More ›