Here is How it May be Affecting You…
With all of the uproar around the government shut down it’s hard to keep track of what is in fact shutdown and what is still open. If you are looking to buy or sell a house, the good news is the Federal Housing Authority is still open for business. With the FHA running on a skeleton staff you may run into some delays when dealing with paperwork but for the most part loans are still being processed through the sites that are typically used. Right now the housing market is still functioning with few delays but that could all be changing soon.
NPR News published an informative article on How The Shutdown Is Hurting The Housing Market and how it may be getting worse.
With everything up in the air right now only time will tell how it all plays out, but luckily the Austin housing market is still going strong.