Calendar Articles

FEBRUARY EVENTS

  • February 1 HBA Executive Board Meeting – Lunchbox Café – 7:30 am
  • February 1 New Member Breakfast – Lunchbox Café – 8:00 am
  • February 5 IBA Housing & Legislative Conference – Sheraton City Centre, Indianapolis
  • February 6 IBA Board & Committee Meetings – Sheraton City Centre, Indianapolis
  • February 7 Program Committee Meeting – 4:00 pm
  • February 9 2018 Spring Town & Country New Home & Specialty Retail Tour • Builder/Developer PARTICIAPTION DEADLINE
  • February 10 SkillsUSA Regional High School Construction Competition – 125 Murray Street, Fort Wayne – 9:00 am to Noon
  • February 13 HBA Board Meeting – HBA Office – 7:30 am
  • February 15 Tabletop & Networking • RESERVATION DEADLINE
  • February 16 2018 Spring Town & Country New Home & Specialty Retail Tour • In-Home Vendor PARTICIAPTION DEADLINE
  • February 16 2018 Spring Town & Country New Home & Specialty Retail Tour • Builder/Developer PAGE INFORMATION DEADLINE
  • February 22 Tabletop & Networking • Ceruti’s – 6601 Innovation Boulevard • 4:00pm to 6:00 pm
Barclay Allen
Presidents Pen
By Barclay Allen
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John Caywood
Commissioners Corner
By John Caywood
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Jessica Scheurich
Codes Junction
By Jessica Scheurich
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Recent News and Upcoming Events







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.


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)

IBA, in conjunction with NAHB, recently conducted a study on the economic impact of housing. Click to view the full report




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Home Builders Association
of Fort Wayne

www.buildindiana.org

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