While some news reports have suggested that DOGE would seriously harm our local market, Bright MLS reports [page accessed May 27] that our market is faring better than the larger Mid-Atlantic Region possibly thanks to DOGE. Federal workforce changes may have led to a greater supply of homes for sale, which Bright maintains has been beneficial to our regional real estate … [Read more...] about Is DOGE Impacting the DC Region Real Estate Market? Maybe. But That’s not Necessarily Bad News
Market News
Northern Virginia is a Hot Spot in our Local Market Market activity is higher than other Places in the Mid-Atlantic
While the real estate market has cooled down in recent months, the Washington D.C. metro area is seeing more activity than other parts of the Mid-Atlantic region. The reduction of remote work, particularly among federal government employees, may be a key factor as people move closer to the office. Northern Virginia, in particular, seems to be benefiting the most, according … [Read more...] about Northern Virginia is a Hot Spot in our Local Market Market activity is higher than other Places in the Mid-Atlantic
More Inventory for Buyers; High Prices for Sellers Spring 2025 is presenting a more balanced real estate market.
The Washington D.C. region real estate market has slowed, and it appears more balanced than it has in many years. Comparing April 2025 to April 2024, homes now are in active status longer and the number of homes added to the market is increasing, giving buyers more time and options. Meanwhile, regional home prices continue to rise, which benefits sellers. Bright reports that … [Read more...] about More Inventory for Buyers; High Prices for Sellers Spring 2025 is presenting a more balanced real estate market.
DC’s Real Estate Market is Crashing, Or Not Always look at the statistics behind the headlines.
Breathless predictions of doom for the D.C. real estate market erupted on social media news outlets in recent weeks, tying the roller coaster news cycle to a flood of D.C. residents already packing and moving away. The implied result: A glut of new properties on the market with few buyers, which will soon send home prices crashing to the basement before we hit June. Now, it … [Read more...] about DC’s Real Estate Market is Crashing, Or Not Always look at the statistics behind the headlines.
Home Inventory Likely to Go Up as Mortgage Rates Drop What Might that Mean for Home Buyers and Sellers?
A low inventory of homes for sale has remained a huge challenge for buyers. A national housing shortage, caused in good measure by new home construction failing to keep up with demand, will likely take decades to recover. But other changing economic conditions, particularly those that affect mortgage interest rates, could help increase opportunities for buyers and sellers in … [Read more...] about Home Inventory Likely to Go Up as Mortgage Rates Drop What Might that Mean for Home Buyers and Sellers?
