July 31, 2022, CARY, N.C. (WNCN) — After the Federal Reserve’s latest interest rate hike, CBS 17 is digging deeper into the impact it’s having on home builders and those who plan on buying homes. Economists say the goal of these interest rate hikes is to slow inflation. Home builder Wes Carroll tells CBS 17 the increases give them more stability when it comes to building prices and the cost handed down to the buyer.
“We’re now able to better forecast when we’re starting a home what the cost is going to be in that home whereas six to eight months ago, we really didn’t know until we almost had the home built,” said Carroll, who is also the state home builders’ association president.
In some markets the rate increases are causing sales to drop, but economists say that’s not happening in the Triangle because buyers here tend to make more money than buyers in most other areas and can afford the higher prices.
“Wake County still is seeing 62 people per day net gain,” Carroll said. “Our income level has kept up with the pace of home price increases.
June 30, 2022 - 2022 HBA President, David Price, talks to CBS 17 about the shortage of skilled construction workers and ways to recruit them.
June 23, 2022 - After 18 years acting as the VP of Finance for the HBA of Raleigh-Wake County, Lin Barrow decided it was time for a change. His new adventure will take him on road trips with his Harley and seeing amazing sunsets from his lake house. Congratulations, Lin! We will miss you!
June 20, 2022 - The Home Builders Association of Raleigh-Wake County and the Home Builders of Durham, Orange, Chatham Counties spent last week on the Hill talking to legislatures about the impact of today's economy and how it will affect housing.
June 8, 2022 - 2022 HBA President, David Price, talks to WRAL about the housing crisis and the shortage of construction workers.
Housing crisis compounded by record shortage of construction workers :: WRAL.com
May 19, 2022 - The Home Builders Association of Raleigh-Wake County has been recognized for Best HBA Partnership/Coalition for the partnership with the Triangle Community Coalition and for Best Public Relations Program with Imagine Wake with two Awards of Excellence from the Executive Officers Council (EOC) of the National Association of Home Builders (NAHB).
The Association of Excellence Awards is an annual program designed to recognize the outstanding accomplishments of state and local home builders' associations and executive officers in the field of association management. EOC membership is comprised of the staff executives who direct more than 650 NAHB-affiliated state and local home builders' associations representing more than 140,000 home builders in communities across the United States.
Congratulations to the HBA of Raleigh-Wake County!
May 5, 2022 - The Home Builders Association of Raleigh-Wake County is pleased to announce the recipients of the 2022 HBA Family Scholarship. All HBA Family Scholarship winners will receive $1000 from the HBA of Raleigh-Wake County’s Charitable Foundation to be used toward their education for the 2022-2021 school year. Family Scholarship recipients must be the child or grandchild of a current HBA member, a graduating high school senior, in need of financial aid, planning to attend a public college or university in North Carolina full time beginning in the fall semester 2022, and have shown leadership capabilities in their school and/or community. In addition to the Family Scholarship Winners, the Charitable Foundation also gives out $10,000 in scholarships per year to Wake Tech students who are studying in homebuilding-related fields.
2022 HBA Family Scholarship Winners:
February 8, 2022 - The Triangle Sales and Marketing Council, a division of the Home Builders Association of Raleigh-Wake County and the Home Builders Association of Durham, Orange, Chatham Counties won Gold at the Nationals in Orlando! The TSMC is the 2nd largest SMC in the nation and now the Best in the nation!
April 2021 - WRAL News: Blake Massengill and Paul Kane discuss rising construction costs.
April 2021: ABC-11 Peggy Mackowski, Owner of Quality Design & Construction expresses concern over the lumber shortage.
March 2021: HBA President, Dicky Gepart Featured in the Triangle Business Journal
April 2020: Safety Stand Down for COVID-19
December 2019: HBA Installs President and Inducts Two Hall of Fame Recipients
May 2019: TSMC’s Spring Big Give BACK Was Another Success
April 2019: MAME Awards Celebrates How Home Builders Give Back
December 2018: Installation and Hall of Fame Ceremony
November 2018: 2018 Wake County Parade of Homes Winners Correction
October 2018: Winners Announced for 2018 Parade of Homes, N.C.’s Largest Open House
September 2018: Home Builders Association Wins Two Association Excellence Awards for 2017 Efforts
September 2017: Triangle-Wide Parade of Homes to Feature More Than 275 New Homes
May 2017: The Triangle's Major Achievements in Marketing Excellence (MAME) Awards, Including Building Company of the Year!
January 2017: The Nationals Award Winners
November 2016: 24 Companies Sponsor the First Annual Big Give BACK to Give One Family a Safe, Dry Home
Oct. 14, 2016: Winners Announced for Parade of Homes, N.C.’s Largest Open House
Sept. 12, 2016: STAR Awards Celebrate Remodeling Excellence
June 2016: L & L of Raleigh and Vendors Give Big to HBA Scholarship Program
June 21, 2016: HBA of Raleigh-Wake County Recognized for Excellence During 2015
May 2016: Celebrating 30 Years of the Triangle’s Best New Home Sales and Marketing
Feb. 9, 2016: TSMC Wins Best SMC in the Nation During 2016 International Builders Show and The Nationals
Feb. 2, 2016: New President Commits to Education
December 2015: 2015 Builder of the Year and HBA Hall of Fame Inductions Announced
Operation: Coming Home News
June 9, 2022 - Operation: Coming Home has been awarded the Daughters of the American Revolution - Excellence in Community Service Award. This award was established by the Daughters of the American Revolution so that local DAR Chapters can recognize community organizations, like Operation: Coming Home, with distinguished and ongoing service to our community. Chapter members have seen the tremendous impact that Operation: Coming Home has had in the military community. "The generosity, care, and concern for our veterans is beyond words." - Julie Stangler, Regent Yates Mill Chapter DAR.
The DAR, founded in 1890 and headquartered in Washington, DC is a non-profit, non-political volunteer women's service organization dedicated to promoting patriotism, historic preservation and securing America's future through education of children.
June 9, 2022 - Operation: Coming Home Key Ceremony was held for Hero Home 25 on June 9th at the Brightleaf community. Congratulations to US Army SSG Michael Kacer and his family for being the recipient of Hero Home 25.
A special thank you to Drees Homes, the Brightleaf community, and to all of the vendors who volunteered their time and materials to build the house.
Congratulations to US Army Staff Sergeant George Perez for being selected to receive Hero Home 26, built by Mattamy Homes!
Hero Home 25 Celebrated a Raise the Roof Ceremony on March 10th in honor of US Army SSG Michael Kacer and his family.
The Key Ceremony for Operation: Coming Home Hero Home 24 was held on December 22, 2021.
Gold Star family selected to receive new home in Fuquay-Varina | Raleigh News & Observer (newsobserver.com)