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Welcome to the Athens Area Home Builders Association

The Athens Area Home Builders Association is a non-profit professional trade association made up of member companies, representing residential and light commercial builders, subcontractors, suppliers, and many other service providers to the building industry throughout Athens-Clarke, Elbert, Franklin, Hart, Madison, Oconee, Oglethorpe, Stephens, and Walton Counties. Together we are the foundation for the local home-building industry - building pride in our community through interaction, commitment, professionalism, education, community service, and environmental responsibility.

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RSS Eye On Housing

  • High Mortgage Rates Act as a Drag on Builder Confidence
    Mortgage rates that continue to hover in the 7% range along with elevated construction financing costs continue to put a damper on builder sentiment. Builder confidence in the market for newly built single-family homes was 43 in June, down two points from May, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market...
  • U.S. Households Real Estate Asset Value Rises to Start 2024
    The market value of household real estate assets rose from $44.90 trillion to $45.84 trillion in the first quarter of 2024 according to the most recent release of U.S. Federal Reserve Z.1 Financial Accounts. Over the year, household real estate assets were 7.75% higher. After falling in the fourth quarter of 2023, the market value...
  • Single-Family Permits Holding Steady in April 2024  
    Over the first four months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 336,124. On a year-over-year (YoY) basis, this is an increase of 25.3% over the April 2023 level of 268,205. Year-to-date ending in April, single-family permits were up in all four regions. The range of permit increase spanned...
  • Hispanics Comprise 31% of the Construction Workforce
    Diversifying the construction labor force is a key strategic goal given the ongoing skilled labor shortage. The latest labor force statistics from the 2022 American Community Survey[1] show that Non-Hispanic White people account for the majority of workers in the construction industry (57.5%). However, Hispanics make up close to one-third of the construction labor force...
  • NAHB Builders Report 22% All-Cash Sales in 2024
    Up to this point in 2024, the median builder has sold 22% of its homes to buyers who used all cash to pay for them (i.e., did not take out a mortgage), according to a recent NAHB survey. The survey took the form of a special question appended to the instrument used to collect data...