As of October 1, Congress has failed to reach a funding deal, triggering a federal government shutdown. This lapse has halted the National Flood Insurance Program (NFIP) from issuing new policies, threatening 1,400 property transactions per day and adding uncertainty to a housing market that makes up nearly 20% of the U.S. economy.

Beyond NFIP, shutdowns also disrupt IRS income verification, FHA/VA loan processing, and federal housing programs—delays that could affect hundreds of thousands of buyers, sellers, and renters.

The National Association of REALTORS® (NAR) is urging Congress to end the shutdown, reauthorize NFIP, and provide stability for families, businesses, and the housing market.

Read More from NAR®.

Lipsey Co Recap

On Wednesday, Oct. 1, commercial real estate professionals gathered at Maggiano’s Little Italy in Richmond Heights for a four-hour training session led by Mike Lipsey of The Lipsey Company.

The morning kicked off with two sessions: “Win More Tenant Rep Assignments” and “Performance Leasing,” followed by a complimentary lunch and networking. The training continued with “Consultative Brokerage” and “Team Brokerage,” offering practical strategies to elevate client service and team performance.

Attendees left with actionable tools, expert insights, and renewed energy to grow their brokerage's success. Thank you to all who joined us!

View event photos from Lipsey Co. training.