With the September 30, 2023 deadline looming, the possibility of a government shutdown due to a lack of consensus on a Continuing Resolution (CR) is a source of concern. The real estate industry, closely intertwined with federal programs, faces potential disruption, particularly in areas such as housing and mortgages. While essential services like the post office will continue, certain critical programs are at risk. Here, we provide a brief overview of the situation and highlight the ongoing efforts of the National Association of Realtors (NAR) to assess the impact on its members and their businesses.
For more resources and information, please read more from NAR https://www.nar.realtor/advocacy/what-a-government-shutdown-means-for-realtors.