What the Government Shutdown means for Realtors

Posted by Ben Nicolas on Friday, April 8th, 2011 at 6:00am.

Essentially the Mortgage industry would come to a grinding halt which means the Real Estate industry would stop too.
 
 
 

4 Responses to "What the Government Shutdown means for Realtors"

zac coplan wrote: I am a real estate agent in <a href="http://www.real-estatearizona.com">Gilbert AZ</a> and I had a contract in on a HUD home, needless to say I was very excited they kept the government from shutting down. Posted on Thursday, April 28th, 2011 at 9:33am.
Kevin Hughes wrote: Thank goodness the shut down was averted.... as we headed into the weekend with many real estate closings in question, it wasn't exactly easy to be understanding of the stalemate. As things were sorted out and business continued, it was definitely a relief. Posted on Saturday, April 30th, 2011 at 4:57pm.
Bob @ Bay Area Real Estate wrote: It means the same for Realtors as it does for the rest of the population - slow tortuous financial death. When are the elected officials - on both sides of the aisle - going to stop their foolish bickering and remember who they work for?

And when are we, as a nation, going to elect people on the basis of leadership and knowledge rather than sound-bites and oratory?

Soon this will not be America - it will be a political version of the Jerry Springer Show! Posted on Friday, May 6th, 2011 at 5:28am.
Susan Horton wrote: Just losing FHA loans alone would have hurt the real estate market hard. The remaining programs, like VA, would not be enough to support the supply of houses on the market and prices would plummet. I'm glad they resolved the problem before it trickled down to us. Posted on Sunday, July 24th, 2011 at 12:05pm.

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