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Housing Market

Washington, D.C. Housing Inventory Jumps Record 25% Amid Federal Layoffs

The number of homes for sale in the nation’s capital is at the highest level since 2022 amid a mass reduction in the federal workforce under the Trump Administration. Active listings of homes for sale in Washington, D.C.  jumped 25.1% year over year to the highest level since 2022 during the four weeks ending April […]
Weekly Market Update

Monthly Housing Costs Hit All-Time High Amid Economic Uncertainty, Keeping Buyers on the Sidelines

Mortgage-purchase applications are declining and pending home sales are sluggish. The 2025 spring homebuying season is lackluster, with record-high housing costs and widespread economic instability keeping would-be homebuyers at bay.  Mortgage-purchase applications are down 6% month over month, and Redfin’s Homebuyer Demand Index–a measure of tours and other buying services from Redfin agents–is essentially flat. […]
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