HousingWire Daily How is the government shutdown impacting housing?
18 snips
Oct 24, 2025 
Logan Mohtashami, a lead analyst focused on mortgage and housing market data, joins to discuss the effects of the government shutdown on housing. He highlights concerns that ongoing delays in transactions could impact the market significantly. Logan also breaks down the factors influencing mortgage rates, particularly the 10-year yield, and how economic reports may affect future trends. He warns against the misleading nature of year-over-year home sales growth due to low baselines, providing a nuanced view of the current housing landscape.
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Spot Migration With Local Listings Data
- Logan mentions being in Bergen County and tracking New York migration via Altos data.
- He says new-listings deviations in specific zip codes reveal migration patterns early.
Shutdown Slows Closings More Than Demand
- The government shutdown mainly causes delays in closings rather than a large immediate drop in housing demand.
- Logan Mohtashami says he hasn't seen big housing impacts yet beyond longer closing times.
Monitor Forward-Looking Sales Metrics
- Track pending home sales and weekly purchase application data to spot shutdown-related delays.
- Expect temporary dips that may rebound once agencies reopen, similar to TRID effects.