Builder Confidense at Highest in 12 Years : Industry News and Updates
HOME BUILDERS ASSOCIATION
of NORTH GEORGIA
(770) 536-8282
NAHB Logo and link to NAHB.org website.
Upcoming Events

Mar 2   Membership Meeting

Mar 16 Board Meeting

Mar 23 Blue Card Level 1A                   Renewal Class

Apr  6  Membership Meeting

Apr 20 Board Meeting

Apr 27 Spring Sporting Clay             Shoot

May 4  Membership Meeting

May 13 3 Hour Continuing Ed             Class
In order to help keep licensed builders in compliance and up to date on important licensing information, we are now providing free e-mail updates to anyone interested in recieving them.  To recieve updates, click the "JOIN MAILING LIST" link.
Image of a new home under construction

Image of the HBA of North Georgia Logo
Image of the HBA of North Georgia Logo
Next General Membership Meeting - April 6th
Continuing Education - Native Intelligence forBuilders, The Norton Agency
Stay Informed
Image of the Home Builder Association of Georgia Logo

Builder Confidense at Highest in 12 Years

by HBA of North Georgia on 03/23/17

Optimism among single-family builders this month is the strongest it has been since 2005. Much of this positive sentiment stems from the widely anticipated reductions of government regulations. A prime example was the recent executive order to roll back the Waters of the United States rule that affects builders' and developers' wetlands permits. However, we can expect some moderation in builder confidence in the months ahead, as interest rates rise and headwinds persist for access to lots and labor.
 
As expected, last week the Federal Reserve increased the short-term federal funds rate for just the third time in the post-recession era. Much of the Fed's stance is fueled by a strengthening labor market, which added 235,000 jobs last month. As the rate of inflation approaches the 2% target rate, NAHB forecasts two additional rate hikes this year.
 
Additional price pressures can be seen on the supply side of the industry. Gypsum prices have increased more than 6% in the first two months of 2017, and softwood lumber prices rose almost 5% due to the ongoing lumber trade dispute between the U.S. and Canada. As housing starts continue to rise in the months and years ahead, additional sources of lumber will be required.

Comments (0)


Leave a comment


East Coast Builder Conference Comes to Atlanta

Join us at the Cobb Galleria on May 4th & 5th. This is a show for builders and remodelers and is not open to the general public. One of the highlights of this years show will be the new digital home. Come see the technology of tomorrow that is available today.
East Coast Builder Show Logo
Bluecard
Level 1A Class
April 13, 2017

​If you are moving dirt on a jobsite, you are required to have a current Bluecard. Even if you are just digging holes for vegetation, it is required. Contact the HBA offfice to sign up today.
3 Hour Continuing Education Class
May 23, 2017

All Ga licensed builders are required to have either 3 or 6 hours continuing education by June 30th of this year. If you haven't met your requirements yet, call the HBA office and sign up today. 
NAHB Member advantage program Banner Ad
Link to sign up for for HBA Spring Sporting Clay Shoot
April 27th
​HBA Spring Sporting Clay Shoot
Sign up Today!

Our Sporting Clay Shoots are our big fundraisers for the year. Without these fundraisers, our association would not be able to operate. A large part of our money comes from our sponsors and we want to recognize them for what they do for this association. Builders First Source, Jackson EMC, USI/Southern Foam, and Roofing Resources of Georgia have stepped up to be our event, lunch, and raffle sponsors for this spring's shoot. On behalf of everyone, I want to say   ---   THANK YOU!