Tony catches up with us from Smith River and shares his opinion on two real estate news articles he read today. The first article headline read “Sold! Auction.com Looks to Revolutionize Selling Real Estate” put out by CommercialObserver.com and the second article, “U.S. Government Shutdown Threatening Housing Recovery” written by BusinessWeek.com. Tony talks about how the government shutdown is affecting our office and how it directly affects those seeking loans.
Entry-level homebuilders most at-risk as HUD shuts down
“A prolonged government shutdown may create delays for homebuilders and their FHA-qualified clients if the Federal Housing Administration remains closed for longer than a few weeks, an analyst with Sterne Agee claimed Tuesday.”
