REALTOR ALERT: Sales Down 25 Percent Due To Government Shutdown

Realtor Group Says Housing Sales Down 25% Due To Government Shutdown. Groups Demand End To Shut Down!


Realtor
The National Association of Realtors released its assessment of the shutdown’s impact on real estate. The Realtor group estimates the shutdown is having an impact on about 25% of home sales.
The government shutdown is affecting 11% on current clients. It is also affecting 11% on potential clients and 8% on other impacts.
The main reason for this impact is simple. The report showed 25% of affected homebuyers told the realtor group they decided not to buy due to general economic uncertainty.
And another 17% were affected by the delay of USDA loans and 13% experienced a delay due to IRS verification (which it just announced it will resume again.)

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