The Government Shutdown And The Housing Market

We’re not quite sure how the government shutdown and the housing market affect each other yet–but we do know that more than 90% of the residential housing market depends on the government and/or the Government Sponsored Enterprises for underwriting, insurance, and funding. We’ll be keeping our eye on this for you and updating you with more information soon.

Thanks to Shandrew and associates for alerting us about this great article from DSNews.com. To read it in its entirety, click here.

Here are a few other articles you might be interested in:

http://www.bloomberg.com/news/2013-10-02/u-s-government-shutdown-threatening-housing-recovery.html

http://www.forbes.com/sites/morganbrennan/2013/10/01/heres-how-the-government-shutdown-will-affect-housing/ 

http://www.cbsnews.com/8301-505145_162-57605665/government-shutdown-could-halt-mortgage-market/