Construction loans continue to default

Photo by Florencia Viadana on Unsplash

This graph shows construction loans and how they have performed for the last 2 years.

construcionloans

A couple of things…you’ll notice Austin isn’t on the list.  But the recent condo auctions show we are feeling the effects of the economy.  It means we are probably still in a renters market until a lot of this excess supply is soaked up.   Good luck.

Construction loans

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