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.
The HBAF’ s vision is to be a vital business investment for its members.
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.
Direct jobs created for every 100 houses built
Taxes and revenue income for local governments
Local income per 100 houses built
Indirect jobs supported for every 100 houses built
Building materials prices topped the list of problems builders faced in 2020 and is expected to return to the number one spot in 2021, according to special questions on the December 2020 survey for the NAHB/Wells Fargo Housing Market Index. The survey results showed that building materials was a significant issue for 96% of builders last year. In 2021, however,... Read More ›
Nonfarm payroll employment increased in 33 states and the District of Columbia in May compared to the previous month while 16 states lost jobs. North Dakota remained unchanged. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 559,000 in May, following an upwardly revised increase of 278,000 jobs in April. On a month-over-month basis, employment... Read More ›