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Government Shutdown Now Impacting U.S. Housing, Mortgage Markets

January 09, 2019 / Michael Gerrity

Since the start of the U.S. Government shutdown on December 21, 2018, all aspects of the federal housing, mortgage, and programs of the real estate industry have been impacted. According to a new survey by the National Association of Realtors of 2,211 NAR members found 75 percent had no impact to their contract signings or closings. However, 11 percent did report an impact on current clients and 11 percent on potential clients.