NAHB Mourns the Passing of Past President David C. Smith

Membership
Published

David Clark Smith, NAHB President for 1986, passed away Sunday at the age of 90.

Smith was born in rural Virginia and grew up on a farm in Maryland. After a stint in the Army National Guard, Smith built his first home for his wife and himself in 1953.

In 1959, he opened his own home building company, David C. Smith, Inc., a company that still does business as David C. Smith & Sons in Virginia.

During his career, Smith built some 1,500 homes, mostly in Maryland. He was very active in the NAHB Federation at the local level, serving as President of the Frederick County HBA, the HBA of Suburban Maryland, the Maryland HBA and the Metropolitan Washington Builders Council. He also founded the Upper Montgomery County Builders Association, which was unaffiliated with NAHB.

Once he engaged with NAHB at the national level, Smith was very active, serving as Maryland state rep and being elected President in 1986. He was inducted into the Housing Hall of Fame in 1992.

Smith was also politically active, meeting several U.S. Presidents during his career and winning an appointment from George Bush to the Federal Home Loan Bank Board of Atlanta.

A funeral service will be held 11 a.m., Thursday, Dec. 5, 2024, at Obaugh Funeral Home in McDowell, Va.

Watch a brief clip below of Smith describing his career in his own words.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

IBS

Nov 14, 2025

Last Chance to Apply for 2026 Best of IBS Awards

Exhibitors at the NAHB International Builders’ Show® (IBS) have an opportunity to spotlight their innovative new products each year through the Best of IBS Awards. Don't miss your chance - apply by Friday, Nov. 21.

Fall Leadership Meeting | Membership

Nov 14, 2025

Watch Livestreams of Key Fall Leadership Meetings

NAHB leadership, including committee and council members, will gather Nov. 17-19 for the 2025 Fall Leadership Meeting in Denver.

View all

Latest Economic News

Economics

Nov 13, 2025

Unchanged Lending Conditions for Residential Mortgages in Third Quarter

Lending standards for most types of residential mortgages were essentially unchanged, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS). For commercial real estate (CRE) loans, lending standards for construction & development were modestly tighter, while multifamily was essentially unchanged. Demand for both CRE categories was essentially unchanged for the quarter.

Economics

Nov 12, 2025

Adjustable-Rate Mortgage Applications Rise

All types of mortgage activity rose on a year-over-year basis in October, supported by recent declines in interest rates. Notably, adjustable-rate mortgage (ARM) applications more than doubled from a year ago, and refinancing activity continued to strengthen.

Economics

Nov 12, 2025

Employment Loss and Post-COVID Recovery Across U.S. Metro Areas

In April 2020, total payroll employment in the United States fell by an unprecedented 20.5 million, following a loss of 1.4 million in March, as the COVID-19 pandemic brought the economy to a sudden halt. The unemployment rate surged by 10.4 percentage points to 14.8% in April. It was the highest rate effectively since the Great Depression.