SEPTEMBER EVENTS

• September 1 Program/Associates Committee Meeting – HBA Office – 8:00 am
• September 2 Remodelors Council Meeting – HBA Office – 7:30 am
• September 6 Labor Day – HBA Office Closed
• September 14 HBA Board Meeting – HBA Office – 7:30 am
• September 14 Developer / Commissioner Meeting – City County Building – 9:00 am
• September 21–26 NAHB Fall Board Meetings – New York
• September 22 HBA Workshop – Allen County Building Department – 5:30 pm
• September 25&26 Fall Town & Country New Home & Specialty Retail Tour – Noon to 5:00 pm
• September 28 HBA Executive Board Meeting – Cozy Nook / Dupont Road – 7:30 am
• September 28 New Member Breakfast – Cozy Nook / Dupont Road – 8:00 am
• September 29 HBA FunFest & Networking Event – Goeglein’s – 5:00 pm
  

Home Buyer Tax Credit Deadline Extended
Congress and President Obama have extended the closing date deadline to September 30 for those homes that have a binding sales contract dated prior to May 1, 2010. [Read more]

September 2010 Impact Newsletter Download (PDF)

August 2010 Impact Newsletter Download (PDF)

June/July 2010 Impact Newsletter Download (PDF)

May 2010 Impact Newsletter Download (PDF)

April 2010 Impact Newsletter Download (PDF)

March 2010 Impact Newsletter Download (PDF)

February 2010 Impact Newsletter Download (PDF)

January 2010 Impact Newsletter Download (PDF)

November/December 2009 Impact Newsletter Download (PDF)

October 2009 Impact Newsletter Download (PDF)

BUILDERS: LIST YOUR SALES WITH THE MULTIPLE LISTING SERVICE
Twenty-six percent of builders are seeing signed sales contracts fall though the cracks because appraisals on their homes are coming in below the contract sales price, according to a nationwide survey conducted by NAHB.

The survey showed that nearly 60% of the builders are reporting that inadequate appraisals are causing serious problems in the market, with the biggest problem being comparables of new single-family homes that are too often based on foreclosures and distressed sales.

Of those who are reporting appraisal problems, 54% said that the appraisal amount was actually less than the cost of building the home.

The HBA of Fort Wayne has been contacted by a number of local lenders asking us to please encourage our builders to list new sales on the MLS so that appraisers have comps.

Call the HBA if you have questions.

“Associate of the Month” column – If you are interested in being featured as the “Associate of the Month” and have not been featured in the last three years, please contact the HBA Office to sign up. We will accept companies on a first-come basis. Spots are available for December 2008 thru December 2009. Articles are free of charge and are due by the 10th of the month for the following issue. Call the HBA office if you have questions – 420-2020.

The Evidence Is In: Housing Pays for Itself
The Home Builders Association of Fort Wayne (HBA) recently unveiled a housing impact study for the Fort Wayne area that shows housing has a huge economic impact on our community... Read report (PDF)

Allen County Housing Study
Report 1 (PDF) — Report 2 (PDF)