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Story perspectives

Government Shutdown Halts $1.6 Billion in Housing Deals

11/6/2025

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Story summary
  • The ongoing U.S. government shutdown is delaying housing transactions as buyers and sellers defer deals.
  • Federal housing programs, including the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA), slow.
  • The National Flood Insurance Program has expired, affecting about 1,000 real estate transactions.
  • Analysts say roughly 3,600 home closings worth about $1.6 billion are at risk.
  • Homeowners should contact lenders and explore hardship programs to manage payment issues.