US Gov Shutdown Affects Real Estate?

On today’s show we are talking about the impact of recent US Federal Government policy changes and then the government shutdown on real estate.

There are several government agencies involved in commercial financing. These include the US Department of Agriculture, the department of housing and urban development, the department of Veterans Affairs, the Federal Housing Finance Agency (FHFA) and the Small Business Administration.

Loan applications involving Fannie Mae and Freddie Mac also rely on reports generated by government agencies that are currently closed. All of these sources of financing are either delayed or are at a standstill.

There have also been numerous policy changes that have affected loan approvals since the most recent federal election.

How could this be a problem?

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