As of this post the Congress and President have averted a Government shutdown by agreeing on a budget. But, the question should be asked, what effect would a shutdown or massive reduction in spending have on the real estate market? I discuss this and also speak to an article regarding the real estate market and how it’s performing especially when considering the number of short sales and bank owned homes.
This video was recorded while our lawmakers were deep in debate over raising the debt ceiling and balancing the budget. Well, the debt ceiling was raised and there is still no decisions on spending cuts and or tax increases. This video provides some interesting insight regarding our economy and our citizens
