DOGE job cuts are impacting Washington, DC’s housing market
By: Jeff Andrews | Published: 2025-06-27 22:59:00 | Source: www.housingwire.com
A new survey conducted by Bright MLS reveals that agents on the ground in the nation’s capital are seeing firsthand the effects of job loss on a higher scale.
“This spring marked a turning point for the Washington housing market,” Bright MLS chief economist Lisa Sturtevant said in a statement. “Federal buyouts provided older, often higher-income homeowners a chance to cash out and relocate, but the ripple effects are just beginning.
“As more impacted families list homes post-school year, we could see further price pressure across the region this summer and fall.”
When asked if they’ve represented someone who said their decision to move was related to reductions in the federal workforce, almost 40% of agents said yes, and one-third of those polled said…
