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Houston, DFW, San Antonio at Risk for Home Loan Delinquencies

Three Texas metro areas are among the 10 markets most at risk for Federal Housing Administration loan delinquencies, the American Enterprise Institute reported. Houston is ranked second behind Atlanta, with 22.2% of FHA loans in some form of delinquency, including forbearance, through the end of August.

In fifth place behind Chicago and Washington, DC is Dallas-Fort Worth. The Metroplex is experiencing a 19.2% delinquency rate, with 27,712 delinquent loans.

Ranking in eighth place in both the total number of delinquent loans and the delinquency rate is San Antonio. Its delinquency rate of 19.0% is trailed by 10th-place Tampa-St. Petersburg at 17.4% and Riverside-San Bernardino at 17.3%, although the California metro ranks sixth for the number of delinquent loans. Orlando, ranked ninth, similarly has a higher delinquency rate but with fewer loans.

Rounding out the top 10 is the seventh-place Baltimore metro area, which like Orlando actually comes in ahead of DFW in the delinquency rate but with fewer delinquent loans. The national average is 17.4%, up from 17.0% in July.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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