The partial federal government shutdown is starting to cut into the real-estate market, according to a survey by the National Association of Realtors.
About 11% of the association's members report an impact on current clients and another 11% are experiencing an impact on potential clients.
Still, about 75% of agents reported no impact.
Of those agents affected, 25% said they were impacted when a buyer--not a federal government employee--decided against buying; 9% of agents said they were affected by a federal government employee not buying.
Other factors affecting the housing market: closing delays due to a USDA loan, IRS income verification, and FHA loan snags.
Previously: Lennar defers FY2019 guidance due to softness, uncertainty (Jan. 9)
Subscribe for full text news in your inbox