How a Shutdown Could Slow the Housing Market

Group 1 - The government shutdown is expected to impact GDP negatively, with potential job cuts being discussed in a meeting involving Trump [1] - Home sales are not expected to stop entirely during the shutdown, but the housing market will face challenges, especially if the shutdown is prolonged [1][2] - The shutdown introduces delays and uncertainty, particularly affecting first-time buyers and those with limited financial flexibility [2] Group 2 - The home buying process may take longer than usual due to potential processing delays for FHA, VA, or USDA loans, which represent about 25% of all mortgage applications [2]