Regional association marks 50 years of building homes

The Greater Fort Smith Association of Home Builders is presenting its 50th annual Home Show, Feb. 27 through March 1 at the Fort Smith Convention Center.

“Getting Greener” is the theme for the show. It’s a recognition that the housing and remodeling industry continues its focus on using energy saving products and applications designed to save the home owner money on operating overhead “while providing a safe, comfortable living space,” according to a statement from the association.

Exhibitors will feature numerous housing products, including various floor coverings, home furnishings and décor, security systems, fencing products, windows, siding, sun rooms, heating and air conditioning systems.

“If you are looking to build that dream home and take advantage of 5% home mortgages available today, or you are looking to spruce up your home, plan to come see what today’s market offers,” noted a statement from the association. “Home Builders, remodeling contractors, along with about 75 other exhibitors will be on hand to discuss your building plans.”

The regional home industry is hoping declines seen in 2008 don’t slip further in 2009. Fortunately, the overall decline in the region has been less than that seen in other Arkansas metro areas, and much lower than the overall nationwide decline in the housing sector.

Mother Nature was to credit for some of the construction activity in 2008, according to Dave Hughes, executive director of the home builders association. The April hail storm and June wind storm that hit the Fort Smith region dropped at least $80 million in commercial and residential building activity in Fort Smith in 2008.

The value of new residential construction in Fort Smith during 2008 was $30.14 million, up 25% over the 2007 value. However, the value of new home construction in Van Buren fell almost 60% in 2008 compared to 2007.

Hughes predicts a slight increase in new home construction in the region in 2009 barring further deep deterioration in the national economy.
 
“My optimism goes back to the fact that the areas suffering the most now (were) overbuilt and were in a weakened position when the credit implosion occurred flooding their markets with repo’s. Neither of those factors were in play in this market.” Hughes recently told The City Wire.

HOME SHOW HOURS
Friday, Feb. 27:
2 to 8 p.m.

Saturday, Feb. 28:
10 a.m. to 7 p.m.

Sunday, March 1:
Noon to 4 p.m.

Adult admission is $5 for a three day pass. Kids are free with a paying adults.