HBAFlash
Weekly Association Update: July 27, 2018
Join your fellow HBAF members on the links!
August 16, 2018
Gates Four Golf & Country Club

Player fees include: cart, driving range, breakfast, lunch, drinks, beer, snacks, raffle, hole in one prizes, prizes for top 3 teams with lowest gross score, prize for 1st place team with lowest net score

Tee Party $800
  • Exclusive sign on one tee
  • Logo placed on tee box marker on one tee 
  • Opportunity to greet golfers and hand out fun giveaways 
  • Name listed in event brochure
  • 1 Player 

Chipping $500 
  • Logo placed on sign on the chipping practice area 
  • Opportunity to staff the area, run the contest and interact with all players 
  • Name listed in event brochure 
Builder Confidence Stays at Healthy Level in July
Builder confidence in the market for newly built single-family homes remained unchanged at a solid 68 reading in July on the NAHB/Wells Fargo Housing Market Index (HMI).
“Consumer demand for single-family homes is holding strong this summer, buoyed by steady job growth, income gains and low unemployment in many parts of the country,” said NAHB Chairman Randy Noel.

“Builders are encouraged by growing housing demand, but they continue to be burdened by rising construction material costs,” said NAHB Chief Economist Robert Dietz. “Builders need to manage these cost increases as they strive to provide competitively priced homes, especially as more first-time home buyers enter the housing market.”

Derived from a monthly survey that NAHB has been conducting for 30 years, the HMI gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.

The HMI index measuring current sales conditions remained unchanged at 74. Meanwhile, the component gauging expectations in the next six months dropped two points to 73 and the metric charting buyer traffic rose two points to 52.

Looking at the three-month moving averages for regional HMI scores, the Northeast rose one point to 57 while the Midwest remained unchanged at 65. The West and South each fell one point to 75 and 70, respectively.
CANDIDATE ENDORSEMENT 
Candidates seeking endorsement:
The HBAF Build PAC Committee is accepting applications for candidate endorsement. Applications can only be submitted through the HBAF website. Please forward this information to local candidates.


Political races that may be considered for endorsement:
City of Fayetteville, Cumberland County, Town of Hope Mills, Town of Spring Lake, Hoke County, City of Raeford and NC General Assembly 


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August 14
9 am Delegate Crew

August 16
HBAF Golf Tournament
Presented by Piedmont Natural Gas
Gates Four Golf & Country Club

August 23
9 am Governmental Affairs