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

Materials Remain Builders’ Top Challenge, but Inflation and Interest Rates are Threatening

The price and availability of building materials again topped the list of problems builders faced last year, while interest rates (along with general inflation and negative media reports) moved considerably up the list. According to special questions on the January 2023 survey for the NAHB/Wells Fargo Housing Market Index, building material prices were a significant issue for 96% of builders... Read More ›

Eye on Housing

The Fed Raises Again but Takes a More Dovish Tone

The Federal Reserve’s monetary policy committee raised the federal funds target rate by 25 basis points but indicated that it was moving to a more data dependent mode as markets digest incoming risks for banks. The Fed is balancing two economic risks: ongoing elevated inflation and emerging risks to the banking system. Chair Powell noted that near-term uncertainty is high... Read More ›