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weekly updates from your association
2935 Breezewood Avenue, Suite 100 Fayetteville, NC 28303         910.826.0648        admin@fayhba.org       RSVP
Week of January 30
In This Issue In Every Issue

 
Are You Taking Advantage of this Powerful Member Benefit?
List your homes for free on the HBAF site, and now leading new home websites NewHomeSource.com and MoveNewHomes.com!
 
Builders Digital Experience (BDX) has partnered with the HBAF to help builders list their homes for free online. And now this member benefit has gotten even better and includes more exposure.  Now when you list your communities on HBAF, your communities and homes will also display on the two leading new home websites for FREE.  These heavily trafficked sites see over 1 million unique visitors each month – this is a huge advantage for your company. 
 
Your Free Basic Listings on New Home Source and Move New Homes Includes:
  • Community Name
  • Community Address
  • Up to 3 Community Images
  • Inclusion on the Area Map
  • Located After the Paid Listings in Search Results 
Listing Your Homes is Simple
Signing up is easy and the time commitment on your end is minimal -- BDX will help you upload your initial community data and train you on how to keep it updated going forward. Depending on the number of communities you wish to list and the quality of the data you have available, our team will normally have your listings live on the site within 5 business days.
 
Don’t Wait – Sign Up Today
Set yourself apart from the competition and improve your exposure among new home buyers by signing up for the free listing program by visiting www.fayhba.org/members-resources/bdx
UDO Strategic Meeting

Wednesday, February 4
9:00 am

HBAF Office
 
The Governmental Affairs Committee is holding a meeting to discuss issues with the UDO. These issues will be consolidated and presented to the City Council at an upcoming work session meeting. Input from members is essential. MAKE YOUR VOICE HEARD.
38th Annual Fayetteville Apartment Rental Rate and Vacancy Rate Survey for 2015 

  Below are the results of our 38th annual Fayetteville Apartment Rental Rate and Vacancy Rate survey for 2015 and we would like for you to have a copy so that you might advise your clients about the local multi-family market. We surveyed over 13,000 units in the Cumberland County Market.  
   You will note that the highest 2 bedroom rental rate peaked in 2010 at $886 per month with a 5.34% vacancy rate. At present it is $826/month with a 10.68% vacancy rate. This continues to represent a healthy multi-family market provided the development of new units does not exceed demand. Historically this market has been able to absorb about 600 units per year without affecting rental rates or vacancy rates.
   This year we observed an increased demand in one and three bedroom units. The reduction in troops at Fort Bragg and the large number of units constructed last year added to the difficulty in maintaining rental rates and vacancy rates. The lowering of yields in the investment community may offset some of the negative factors. The CPI was the lowest in 2014 than any year I can remember.
   I hope you can use this information to enhance your success this year.
Tom J. Keith, MAI, ASA-BV, CVA
Tom J. Keith & Associates, Inc.
North Carolina Comfort Specialist Investing in Communities Served 

   â€œIn an effort to contribute to areas serviced, Carolina Comfort Air will gift an HVAC system to assist a family in need throughout 2015.”
   Clayton, NC (January 27, 2015) – Carolina Comfort Air is excited to announce a new community outreach effort, “Working Hands, Warm Hearts - Community Comfort Program.” This program will gift one new Home Comfort System to a family in need every month of 2015.
   Beginning January of 2015, individuals can nominate a family by filling out an application available online. Each month, one application will be selected from a pool of nominees to receive the new HVAC system, worth ~$5,000. Recipients must reside in one of the counties we serve: Johnston, Wayne, Harnett, Cumberland, Moore, New Hanover, Onslow or Wake Counties.
   â€œThe mission of this program is to provide safe and reliable home comfort to a less fortunate family in each of the areas we serve,” said Phillip Tyler, co-founder and owner of Carolina Comfort Air, Inc. “Our customers have supported us year in and year out since we were first founded. We want to say ‘thank you’ by giving back to our community.”
   Carolina Comfort Air promotes and participates in local non-profit organizations and events. “Working Hands, Warm Hearts” was developed to expand and strengthen the company’s local volunteer efforts. Past sponsorships include The Annual Clayton Shindig, Raleigh Rescue Mission, Toys for Tots, St. Jude Children’s Research Hospital, Bob’s Buddies and Special Olympics.
To learn more about the Working Hands, Warm Hearts Community Comfort Program, or to nominate a family in need, visit: www.carolinacomfortair.com/community-comfort-program/. For more information about Carolina Comfort Air, visit: www.carolinacomfortair.com/.

Up Coming

February 2
Sanderson Farms Public Hearing
6:00 pm (doors open at 5 pm)
Crown Theatre

February 4
UDO Planning Session
9:00 am 
HBAF Office

February 4
NCHBA Region V Meeting
Moore County HBA
12:00 pm
10022 North Carolina 211
Aberdeen, NC 28315
RSVP to Danny Adams

February 10
Membership Committee Meeting
11:30 am 
HBAF Office

February 12
Board of Directors
9:00 am 
HBAF Office

February 17
NCHBA Quarterly Meeting
Raleigh, NC
Click here to register online for the 1st Quarter Meeting
 

BUILDERS, BIDS & BEERS
Save the Date
February 24

presented by
Fayetteville Area Habitat for Humanity is requesting bids.
Please visit their website.


Construction Statistics

Local Stats: December 2014

Local Stats Residential Trend: 2008-2014

Absorption Report: December 2014 *new

Commercial Building Permit Index: December 2014  *new

The Market Edge Residential Building Permit Trend: December 2014  *new



NAHB NEWS
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Significant Changes to the 2015 International Codes
Wednesday, Feb. 25, 2-3 p.m.
Policy and Finance series

New homes are required by law to comply with state and local building codes and the standards referenced in those codes. Most jurisdictions that enforce a building code have adopted one or more of the family of International Codes (I-Codes) developed by the International Code Council (ICC). This webinar highlights significant changes to the 2015 editions of the I-Codes, particularly the International Residential Code (IRC) and International Building Code (IBC).

HBA of Fayetteville
910-826-0648
910-826-0649 fax
www.fayhba.org
admin@fayhba.org

Natalie Fryer, Executive Officer
Pamela Grierson, Communications Manager

NAHB Member Discounts
www.nahb.org/ma
Dues Payments & Lobbying Expense 2015 Disclosure
Dues payments to the Home Builders Association of Fayetteville are not deductible as charitable contributions for federal income tax purposes. However, dues payments may be deductible as an ordinary and necessary business expense, subject to exclusion for lobbying activity. Because a portion of your dues is used for lobbying by NAHB, NCHBA and HBAF, 10% of the total dues, or $ 48.22 is not deductible for income tax purposes for builder and associate members. For affiliate members, 2% of the total dues, or $2.35 is not deductible for income tax purposes. Membership Dues are non-refundable.
Copyright © 2015 HBA of Fayetteville, All rights reserved.


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