The Government Shutdown and the Real Estate Market
The U.S. government shutdown and the escalation of concerns about the debt limit/possible default has drastically affected San Francisco market activity as measured by the percentage of listings accepting offers – as in a drop of approximately 50% from normal levels. Of course, this might be a short-term transitory effect that will disappear if these issues are resolved soon, as we certainly hope they are.
The Wall Street Journal reported last week that a Pew Research Study showed that the more affluent people were,
» Read more about: The Government Shutdown and the Real Estate Market »
