Twenty-four days into the partial government shutdown–the longest in U.S. history–the impact on the real estate industry appears minimal, with many federal agencies that are crucial to the business operating normally. Applications for federally backed mortgages are being processed with not delay, FEMA is continuing to administer flood insurance, and in the latest move, the IRS reopened a home loan program vital for keeping closings on track. The National Association of REALTORS has played a role in getting briefly shuttered agencies an programs reopened.
