Market Summary 10.6.25

Will the Federal Shutdown Impact Apartment Investors in the Pacific Northwest?

Federal headlines make great noise — but for apartment owners in the Pacific Northwest, the fundamentals still matter more than the politics. Property operations continue, loans are still closing, and agency capital through Fannie Mae and Freddie Mac remains open for business

Where investors may feel a ripple is in sentiment. A prolonged shutdown can delay key economic reports the Fed relies on, add uncertainty to rate-cut timing, and test investor confidence at a moment when many are trying to call the bottom of this cycle. Each week of disruption chips at GDP growth, but the bigger factor for our market remains local: job recovery, migration trends, and affordability.

Here in the PNW, employment diversity and limited new supply continue to provide a buffer. Even with softer rent growth, the region’s fundamentals — educated workforce, quality of life, and constrained land use — support long-term stability. The shutdown may slow headlines, but it won’t stop the need for housing.

Make it stand out

Periods like this tend to separate reactive investors from strategic ones. Those who stay engaged, monitor debt markets, and prepare for the next wave of listings will be the first to capitalize when confidence returns.


Christensen Group | Marcus & Millichap
Advising multifamily investors across the Pacific Northwest.
📈 Data-driven. Results-focused. Always one step ahead of the market.

If you’re positioning for opportunity as the market transitions, let’s connect to discuss strategy.

Next
Next

Investor Index 10.3.25