Concerns over a collapse in the Washington region’s housing market have gone viral on social media, but experts say there’s no evidence to support these claims.
Real estate agents and economists say that despite some slower-than-usual listings, the market remains stable. The number of new listings in the DC area is nearly identical to last year, according to a report from Bright MLS.
The slowdown is typical during winter months when interest rates are high, said Daniel Heider, a vice president at TTR Sotheby’s International Realty. The best time to sell homes in DC is during late winter and spring, which is currently happening.
While some agents have seen an increase in inquiries from federal workers looking for Metro-accessible homes due to the return to office mandate, experts say this has not affected the overall market.
“This is the best time of year to sell,” said Michelle Zelsman, a real estate agent with Real Broker. The housing market heats up from late winter through spring, and this year is following that rhythm.
Even if layoffs were to impact housing in the region, it would be wildly implausible for it to happen so quickly, according to Bright MLS chief economist Lisa Sturtevant.
The rental market remains competitive, with multiple offers on properties. Agents report difficulty buying homes due to a lack of inventory.
While some agents have seen an increase in inquiries from federal workers, others say there’s no discernible impact on their day-to-day work. The ultimate effects of the administration’s actions will depend on how much of Trump and Elon Musk’s agenda holds up in court.
Source: https://www.washingtonpost.com/dc-md-va/2025/02/19/dc-housing-market-collapse-trump-federal