Gov’t Shutdown – The Effect On Real Estate

What Does the Government Shutdown

English: Sign in front on of the Minnesota His...
English: Sign in front on of the Minnesota Historical Society Building stating that the building and office are closed due to the 2011 Minnesota State Government Shutdown. (Photo credit: Wikipedia)

Mean for the Housing Market?

While government leaders try to sort out the implications of the government shut down, various agencies within the government must by law “shut down”. Locally in the housing market it will be felt most by the USDA’s RD (Rural Development) Loan department. Yesterday the offices were closed and will remain so until a settlement is reached.

As the federal government ground to a halt Tuesday, the question
of how the shutdown will affect the housing market remains at the front
of everyone’s mind. So how will the housing market react? The answer: it
depends.

Most economists agree that the short-term effects of the shutdown should
be minimal, assuming that the shutdown is short-lived. » Read More

Enhanced by Zemanta
**********************************************************************************
© 2018 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc ®. Equal Housing Opportunity. Privacy Policy Sherry Fields 1020 South Ave. W., Missoula, MT 59801 | Phone: (406) 207-8448 | Email: Sherry.Fields@bhhsmt.com
**********************************************************************************
Tags: , , , , , , ,
Previous Post

Short Sale Rule Change for HUD Properties

Next Post

30197 Beavertail

Leave a Reply

Your email address will not be published. Required fields are marked *