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Updated 3 days ago on . Most recent reply

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Peter Tverdov
  • Real Estate Broker
  • New Brunswick, NJ
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DC realtors, give me the real info on the housing market right now

Peter Tverdov
  • Real Estate Broker
  • New Brunswick, NJ
Posted

There are many popular social media posts right now portraying that DC homes are going up for sale all over the place because of DOGE cuts. While it seems possible thats true, people doing this are screen shotting stuff from Zillow. Someone out there must study those submarkets pretty heavily and can explain how housing stock has changed or not changed month over month the last few months...

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

If they cut a lot of workforce also recognize many of them are not in the DC market. The area has too much wealth and great education system to suffer any type of huge adjustment. Also there is limited housing stock in and near dc because dc has height limits and the majority of the area is not densely zoned

it's like any market - some areas are hot some not so much. The reports on TikTok of doge and all these homes hitting h to r market is a joke - clearly people have never sold a home posting those as it's near impossible to get a home ready to sell in a week or two. 

  • Chris Seveney
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