Washington D.C. Prices Are In The DOGE House - Are Prices Dropping ?

[Ken M.]

The report is that prices are dropping rather substantially in Washington D.C. related to layoffs.

Article:
In November, the median home in the nation's capital was worth $699,000, according to Redfin.

By February, the median home value dropped 20 percent, bringing the price down to $560,000.

TKL found there are now nearly 8,000 homes listed for sale in the Washington, DC metro area, and almost half of them have been put on the market in the last 30 days.

The tax-collecting Internal Revenue Service is preparing to fire thousands of workers next week"

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Comment: 

Save The IRS  - said no one, ever

[Russell Brazil]

One of my roles is I am the President-Elect of an organization that actually tracks this data. The information being spread by a propaganda machine, are in fact wrong. Median prices are up 4.2% year over year, and average prices are up 2.2% year over year. Data for January.

https://gcaar.com/realtor-tools/housing-stats