Share(As of December 21, 2024)
UPDATE:
On December 20, 2024, Congress passed a Continuing Resolution (CR) to fund the federal government at current levels until March 14, 2025. If Congress is unable to agree on the provisions of Continuing Resolutions (CRs) to fund the federal government by March 14, 2025, the result will be a partial shutdown of some government operations. A partial shutdown would include some federal housing, mortgage, and other programs of interest to the real estate industry. Essential services, such as the post office, would continue to run. A summary of the impact on selected agencies is provided below.
While this is a very politically dynamic event, NAR staff will continue to monitor federal agencies and work with Congress, the Administration, and other groups to assess ongoing impacts to NAR members and their businesses.