How Will the Shutdown Affect the Atlanta Real Estate Industry?

While the United States Congress and the White House are in a virtual stand-off over the federal budget, many government-funded programs that affect the Atlanta real estate industry are shut down or facing significant shortages of both staff and funds. With the uncertainty of how long the government shutdown will last, The National Association of Home Builders (NAHB) has compiled[...]

Sequestration Impacts FHA

As the automatic spending cuts known as "sequestration" start, the effects to one of the government agencies most tied to housing, specifically new home construction, the Federal Housing Administration (FHA), are beginning to be revealed. Currently, approximately 25 percent of purchase money mortgages issued for home purchases involve the use of  FHA  insured mortgages. The budget cuts will have the biggest[...]