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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

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About the author

Sherry Fields Written by Sherry Fields: Working in real estate for over 12 years, Sherry Fields is certified in Foreclosures, Short Sales and Negotiations along with many support computer platforms on the web. She has been helping her clients buy & sell homes by building relationships so that they can buy and sell with confidence. You can find her at Twitter, LinkedIn, ActiveRain Facebook and

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