Reported about 13 hours ago
Recent layoffs tied to the DOGE initiative are starting to affect the Washington, D.C. housing market. Nearly 40% of local real estate agents report working with clients impacted by these layoffs, leading to an increase in home listings and heightened buyer hesitancy. Inventory has surged nearly double year-over-year, but home prices continue to rise, although experts predict that market changes may lead to a slowdown in price growth or even declines in some areas.
Source: YAHOO