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TOPIC: What government shutdown means for housing market

What government shutdown means for housing market 10 years 6 months ago #23847

  • sanjus
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Interesting read...

www.newsday.com/classifieds/real-estate/what-government-shutdown-means-for-housing-market-recovery-1.6184075?goback=%2Egde_1165537_member_278220942#%21

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What government shutdown means for housing market 10 years 6 months ago #23848

The slowdown might end up tapping the brakes a bit on what appears like another phase of spiraling housing cost increases.

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What government shutdown means for housing market 10 years 6 months ago #23852

  • sanjus
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Maybe our Realtor friends can also share their thoughts...

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What government shutdown means for housing market 10 years 6 months ago #23856

We have to wait for the closing as Loan approvals could be disrupted, because current guidelines require lenders to verify at least one tax return via a 4506 Transcript with the IRS. If the IRS office shuts down, they won’t be able to do this.

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