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  • GBAHB Scholarship Opportunities- DEADLINE EXTENDED!

    The GBAHB Scholarship Committee is now accepting applications for fall 2015 semester- DEADLINE EXTENDED TO JUNE 3, 2015.  Print the scholarship application here.  Mail completed application with requested documents to: Greater Birmingham Association of Home BuildersAttention: Educational Trust Fund5000 Grantswood Rd.Suite 240Birmingham, AL 35210 Phone – (205) 912-7000Fax – (205) 451-0201Email – Lisa Stringer at lisas@gbahb.com  


  • Pending Existing Homes Sales Reaches Nine-Year High

    The NAR Pending Home Sales Index increased for the fourth straight month in April to a level 14% above April of 2014. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts produced by the National Association of Realtors (NAR), increased 3.4% in April to 112.4, up from an upwardly revised 108.7 in March. The PHSI increased year-over-year for the eighth consecutive… Read More ›

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  • Developers’ Confidence About Multifamily Market Remains Steady in the First Quarter

    The NAHB Multifamily Production Index (MPI) held steady with a reading of 54 for the first quarter of 2015. This is the 13th consecutive quarter with a reading of 50 or above. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. The index and all of its… Read More ›

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  • AD&C Loan Growth at the Start of 2015

    The volume of residential AD&C loans outstanding expanded 4.8% during the first quarter of 2015, marking the 8th consecutive quarter of growth. The tight availability of acquisition, development and construction (AD&C) loans has been a factor holding back a stronger rebound in home construction. According to data from the FDIC and NAHB analysis, the outstanding stock of 1-4 unit residential construction loans made… Read More ›

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