XPost: dc.politics, alt.fan.rush-limbaugh, talk.politics.guns
XPost: sac.politics, alt.politics.economics
More proof that Trump policies are working.
He is helping fill the shortfall of homes for sale.
(CNN) — The number of Washington, DC area homeowners who decided to list their homes for sale jumped last month amid steep cuts to the federal workforce.
In the four weeks ending April 27, the number of active home listings in
the nation’s capital surged 25.1% year-over-year, the largest gain on
record, according to a new report from real estate website Redfin.
The jump in DC homes for sale outpaced active listings nationwide, which
grew 14.2% in that same period, Redfin said. Active listings in DC are
now at their highest level since 2022, according to the report.
The uptick in new homes for sale in DC comes amid steep layoffs in the
federal workforce, driven by Elon Musk’s Department of Government
Efficiency (DOGE), which has slashed federal funding and jobs in an
attempt to reduce government spending.
Redfin found that active listings are rising fastest in the suburbs of
DC, where many federal workers live. Homes for sale in Alexandria,
Virginia, jumped nearly 41% year-over-year during the four weeks ending
April 27, the largest increase of the surrounding counties Redfin
analyzed. Montgomery County, Maryland, saw new home listings surge
38.5%, and Loudoun County, Virginia, also saw a surge of 36.8%.
Real estate agents in the DC area told CNN the housing market is still relatively tight, though, despite the high number of recent home
listings.
“While there are notable government layoffs contributing to some new listings, we’re not witnessing a mass exodus,” Candyce Astroth, a
Realtor based in Fairfax, Virginia said. “The housing crisis persists,
and we still need more listings to meet the demand in the market.”
https://wtop.com/dc/2025/05/washington-dc-sees-spike-in-homes-for-sale-am id-doge-federal-worker-layoffs/
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