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The Greater Birmingham Association of Home Builders strives to protect the American Dream in Central Alabama for housing opportunities for all, while working to promote professional success for its members who build, remodel, and maintain communities, create jobs and improve our local economy.

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Upcoming Events

02/27/2020

Remodelers Council Dinner Meeting

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02/29/2020

Casino Night Benefiting ABPAC


GBAHB

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03/02/2020

Sales Excellence Awards presented by Sales Council

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03/12/2020

Young Professionals Game on Event

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03/12/2020

2020 Strategic Planning & Board Orientation Meeting


Harris Doyle Homes

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04/03/2020

Fishing Tournament Hosted by YP

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Members in the News

Steadman Named HBAA Associate of the Year

BIRMINGHAM, ALABAMA -- Mary Steadman of Birmingham has been named the Home Builders Association of Alabama (HBAA)’s Buddy Berry Associate of the Year for 2019.

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Taylor Burton Inducted Into Alabama Building Industry Hall of Fame

BIRMINGHAM, ALABAMA -- Taylor Burton of Birmingham has been inducted into the Alabama Building Industry Hall of Fame, the highest honor presented by the Home Builders Association of Alabama (HBAA).

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Eye On Housing

Home Price Appreciation Continues in December

Feb 25th 2020 : National home prices continued to increase in December Nineteen metro areas had positive home price appreciation while Cleveland saw home price decline in December The S amp P CoreLogic Case-Shiller U S National Home Price Index released by S amp P Dow Jones Indices rose at a seasonally adjusted annual growth rate of in December following a increase in November On a ...
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Multifamily Built-for-Rent: 94% Market Share

Feb 25th 2020 : An elevated rental share of multifamily construction is holding typical apartment size below levels seen during the pre-Great Recession period According to fourth quarter data the average per unit square footage of multifamily housing construction starts was off from the post-recession high set at the start of square feet The median was square feet for ...
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New Single-Family Home Size Continues to Fall

Feb 24th 2020 : New single-family home size trended lower during the final quarter of as interest rates remained low and builders seek to add additional entry-level supply According to fourth quarter data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis median single-family square floor area ticked down to square feet Average mean square footage ...
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Existing Home Sales Slip But Remain Solid

Feb 21st 2020 : After hitting a near two-year high in December existing home sales as reported by the National Association of Realtors NAR dropped in January amid tight inventory and rising prices Total existing home sales including single-family homes townhomes condominiums and co-ops fell to a seasonally adjusted annual rate of million in January However on a year-over-year basis sales were ...
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Custom Home Building Posts Gain for 2019

Feb 21st 2020 : NAHB s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building expanded during the fourth quarter of supported by low mortgage interest rates There were total custom building starts during the fourth quarter of This marks a gain over the final quarter of total of Over the ...
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Rates on Construction Loans Continue to Drift Downward

Feb 20th 2020 : In the fourth-quarter of builders and developers reported declining interest rates on all types of loans covered in NAHB s quarterly survey on acquisition development and construction AD amp C financing Exhibit The average interest rate declined from to percent on loans for land acquisition from to percent on loans for land development from to ...
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