I spoke with two different contractors this week, that both have a long track record building large spec homes and do not use the same bank as each other ,both guys were turned down on their newest projects these would have been 800k + construction loans, which as little as 6 months ago would have been no problem, both guys were told by their bankers they'd rather see them in the 350-400 range, the problem is were they build that isn't the price range that can be built , this is just two guys, I'm hoping it's not a starting trend......