Washington, D.C
Washington DC gets 'Trump Bump' in luxury home market
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The Washington, D.C.-area has been enjoying a “Trump Bump” in its luxury home market.
That so-called “Trump Bump” started around November, when the nation’s capital saw a major increase in demand for luxury homes worth at least $5 million, and has continued into the new year, according to The Agency DC managing partner Nurit Coombe.
“Usually, houses above $5 million in November, for example, a year ago, there were eight sales or so,” she told FOX Business in an interview this week. “Between November, December, we had 20 sales above $5 million, a huge jump, and a lot of cash buyers.”
WASHINGTON, DC – JANUARY 19: The U.S. Capitol is shown at sunrise the day before President-elect Donald Trump’s 2nd term inauguration January 19, 2025 in Washington, DC. U.S. President-elect Donald Trump and Vice President-elect Sen. JD Vance (R-OH) (Joe Raedle/Getty Images / Getty Images)
“That’s a lot of sales,” Coombe noted, because the D.C. luxury market “doesn’t have that much inventory.”
BOZEMAN, MONTANA HOME TO A BOOMING REAL ESTATE MARKET
There are less than 30 single-family homes above $5 million – and even less in the ultra-luxury category – on the market in the D.C. area, according to The Agency DC managing partner. She said several luxury homes that had been up for sale for a long time quickly went under contract in November.
More than 60 luxury homes, generally considered those above the $5 million-mark, have sold in the D.C. market since the November election, according to The Agency DC.
“The market right now in DC is very, very strong, very hot, especially in the luxury market, for sure, because as you go up to the top of the price, you don’t have as many buyers, but we actually have more than usual, much more than usual,” Coombe told FOX Business.
Trump’s administration has been a big contributor to the D.C.-area luxury market’s recent surge.
“The administration is a very wealthy administration, and they’re all going to be moving to the area to work from here. You’ve seen in the prior administration, it was not as wealthy, much less wealthy administration people who moved in, and some did not move in really full-time … So here you see a complete shift where we move in the whole family, we’re going to be here full-time, and very wealthy people are moving into the area, so there’s a lot of demand,” she said.
However, they aren’t the only ones providing fuel.
“It’s also the big companies, the attorneys, they’re moving as well. There are people that are more aligned with the new administration, so a lot of that is happening,” Coombe added. “CEOs of companies, their support staff, the attorneys, a lot of consultants for big companies.”
The skyline of Washington, DC, including the US Capitol building, Washington Monument, Lincoln Memorial and National Mall, is seen from the air, January 29, 2010. AFP PHOTO / Saul LOEB (Photo credit should read SAUL LOEB/AFP via Getty Images) (SAUL LOEB/AFP via Getty Images / Getty Images)
Kalorama, Foxhall, Georgetown and Kent are among some of the neighborhoods in the nation’s capital benefiting from the “Trump Bump.”
Some recent sales include a $25 million transaction in Foxhall and a $10.5 million deal in Georgetown, according to The Wall Street Journal.
Demand in the D.C. luxury market has gone up 18% year-over year, according to Coombe.
She also said parts of the broader D.C., Maryland and Virginia area, known as the DMV, have “definitely” seen more luxury demand in recent months as well, such as neighborhoods in Bethesda, North Bethesda and McLean.
Aside from luxury homes, townhouses and condos have been in high-demand.
THESE WERE THE MOST EXPENSIVE HOMES SOLD IN 2024, ACCORDING TO REDFIN
The “government employee situation” is also making the D.C.-area real estate market more dynamic, according to Coombe.
Trump issued an order to bring federal workers back into the office full-time in late January. His administration has offered buyouts to many federal workers to leave their jobs or start doing in-person work, Fox News Digital reported.
DETROIT, MICHIGAN – AUGUST 26: Republican presidential nominee, former U.S. President Donald Trump during the National Guard Association of the United States’ 146th General Conference & Exhibition at Huntington Place Convention Center on Augu (Emily Elconin/Getty Images / Getty Images)
“This is an interesting shift to watch, because when you’re looking at government employees, it’s not necessarily the upper echelon, it’s not necessarily the high luxury, it’s the more mid,” Coombe said. “There’s a lot of people who took the incentive the government offered to leave the government and when you see that, a lot of them are not staying in the area.”
Meanwhile, others are moving back to the area because they have to work in the office full-time again, she said.
It “depends on the policies” whether the D.C. market’s “Trump Bump” will continue, according to Coombe.
“Everybody’s watching what’s going to happen with the government employees, what’s going to happen with the international tax that we have, what’s going to happen in the stock market and obviously the mortgage,” she posited. “I think the lenders are sitting tight and watching.”
The nationwide 30-year fixed mortgage rate was 6.87% on average the week of Feb. 13, according to Freddie Mac. That marked a 0.02 percentage-point decline from the prior week.
BENTONVILLE, AR IS GROWING RAPIDLY, WHICH HAS FUELED A HOT REAL ESTATE MARKET
She said that homebuyers in the D.C. area have become accustomed to the current level of rates and that the rates have not really affected D.C.’s luxury market in particular, noting more than 60% of buyers in that category since November have paid “all cash” or “heavy cash.”
D.C. had 5 sales of ultra-luxury homes worth at least $10 million in 2024, according to a recent Compass report. Those sales amounted to $67.85 million combined.
In January, homes in the D.C. and Montgomery County real estate market sold for a median of $552,500, according to the Greater Capital Area Association of Realtors.
Washington, D.C
What’s that noise? What you need to know about D.C. flyovers Friday and Saturday – WTOP News
Reagan National Airport will close for America 250 flyover rehearsals Friday and celebrations Saturday featuring the Thunderbirds, Blue Angels and more.
Reagan National Airport will close from 10 a.m. to 1 p.m. Friday for rehearsals ahead of this weekend’s America 250 celebrations, meaning people around D.C., Arlington and Alexandria may hear and see low-flying military aircraft.
According to Freedom 250 event organizers, Friday’s “Wings of Freedom” demonstrations over the National Mall will feature parachute teams, helicopters and military aircraft, including the U.S. Marine Corps’ MV-22 Osprey and F-35B, the Navy’s F-18F and F-35C, the Air Force’s F-22 Raptor, the Thunderbirds and a tri-bomber formation.
On Saturday, the FAA will close the airport from noon to midnight for the full celebration. All arrivals and departures at Reagan National are scheduled to end before noon.
Flyovers and demonstrations are scheduled throughout the afternoon and evening along the National Mall and Washington Monument grounds, including appearances by Air Force One, the Thunderbirds, Blue Angels, military aircraft fleet reviews, parachute demonstrations and B-2 stealth bombers.
Highlights include an Air Force One flyover scheduled for 7:03 p.m., a Thunderbirds demonstration beginning at 6:25 p.m., a tri-bomber formation at 6:02 p.m. and a stealth aircraft flyover at 7:38 p.m.
Friday’s schedule of flyovers and demonstration rehearsals along the National Mall and Washington Monument
- 10 a.m.: Golden Knights, Leap Frogs
- 10:15 a.m.: Army Helo Flyover
- 10:20 a.m.: USMC V-22 Osprey Demo
- 10:35 a.m.: USMC F-35B STOVL Demo
- 10:50 a.m.: USN F-18F Demo
- 11:10 a.m.: USN F-35C Demo Team
- 11:30 a.m.: USAF F-22 Raptor Demo
- 11:50 a.m.: NASA F-5s
- 12 p.m.: HUGE (1) Formation
- 12:05 p.m.: USAF Thunderbirds
- 12:55 p.m.: USAF Tri-Bomber
Saturday’s schedule of flyovers and demonstration along the National Mall and Washington Monument
- 1:14 p.m.: – NASA F-5 Flyover
- 1:24 p.m.: -NASA Fleet Review
- 1:44 p.m.: USCG Helo Flyover
- 1:54 p.m.: USCG Fixed Wing Flyover
- 2:09 p.m.: Golden Knights, Leap Frogs
- 2:29 p.m.: Army Helo Flyover
- 2:44 p.m.: USAF Fleet Review – Wave 1 – Heavies
- 2:54 p.m.: USAF Fleet Review – Wave 2 – AFSOC
- 3:04 p.m.: USAF Fleet Review – Wave 3 – Fighters
- 3:29 p.m.: Executive Rotary Wing Airlift
- 3:39 p.m.: USMC Fleet Review – Wave 1 – Rotary
- 3:49 p.m.: USMC Fleet Review – Wave 2 – Fixed Wing
- 3:59 p.m.: USN Fleet Review – Wave 1 – Rotary
- 4:09 p.m.: USN Fleet Review – Wave 2 – Fixed Wing
- 4:19 p.m.: USN Fleet Review – Wave 3 – Fighters
- 4:21 p.m.: USN F-18F Demonstration
- 4:59 p.m.: USN Blue Angels
- 5:26 p.m.: USMC MV-22 Osprey Demonstration
- 5:44 p.m.: USAF Fleet Review – Fighters
- 6:02 p.m.: USAF Tri-Bomber Formation
- 6:05 p.m.: USN F-35C Demonstration
- 6:25 p.m.: USAF Thunderbirds Demonstration
- 7:03 p.m.: Air Force One Flyover
- 7:07 p.m.: USAF Thunderbirds Delta Break
- 7:17 p.m.: HUGE 1 Flyover Led by the Newly Renovated Air Force One
- 7:38 p.m.: U.S. Stealth Airpower Flyover
- 7:39 p.m.: F-22 Raptor Demo
- 7:53 p.m.: F-22 Raptor in Afterburner
- 7:59 p.m.: B-1 Flyover
- 8:07 p.m.: B-1’s in Afterburner
- 8:11 p.m.: HUGE ONE Fly Over Review
- 8:22 p.m.: Golden Knights Twilight Jump
- 10:36 p.m.: B-1 Afterburner Night Pass
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Washington, D.C
Air Force officer arrested at Capitol after calling for Trump’s impeachment
An Air Force major was arrested in uniform on the steps of the Capitol after he called for the impeachment of President Donald Trump.
U.S. Capitol Police arrested Jason Watson, an active-duty service member, on Wednesday afternoon following remarks at a news conference where he said Trump and Vice President JD Vance should be removed from office.
The event was organized by the Removal Coalition, a group that lobbies members of Congress to impeach Trump, and attended by Rep. Al Green, D-Texas, who has repeatedly introduced articles of impeachment against Trump.
“I’m here with him because Rep. Green is the only member of Congress that has demonstrated the courage and conviction to … force a vote on articles of impeachment,” Watson said at the event. “If Congress followed his example, we could remove the entire Trump administration, but Congress remains unconvinced of the urgency and necessity for them to honor their oaths, so we must persuade them with our unrelenting, uncompromising civil resistance.”
Watson said he is not a Democrat and does not share policy positions with Green, who lost his re-election bid this year. Green’s office did not immediately respond to a request for comment on Watson’s arrest.
Capitol Police said in a statement that it “is generally against the law for the public to demonstrate on the House Steps unless they are with a Member of Congress.”
“Yesterday afternoon, a man was escorted to the House Steps by a Member of Congress,” the statement said. “When the Member of Congress left the area, our officers gave the man lawful orders to stop the illegal demonstration or he would be arrested. The man refused our lawful orders.”
Capitol Police identified the man as Watson, adding that he was arrested on charges of “Crowding, Obstructing, and Incommoding” and that it is legal to protest in other spots on the Capitol grounds.
Service members are subject to stricter laws than the average citizen when it comes to protesting. The Uniform Code of Military Justice prohibits officers from “using contemptuous language towards the President, Vice president, the Secretaries of War and of a military department, Congress, and certain other officials,” according to an Air Force memo last year.
An Air Force spokesperson said in a statement Thursday: “Service members must comply with all laws, regulations and policies governing conduct and the wear of the uniform. All Department of the Air Force personnel are expected to uphold the highest standards of discipline and professionalism, both on and off duty.”
All service members, not just members of the Air Force, are prohibited from participating in “political activities” in uniform.
Watson’s criticism of Trump and Vance focused on the administration’s actions in Venezuela and Iran, calling them “an unconstitutional usurpation of Congress’ authority and a violation of the War Powers Clause.”
“These violations resulted in the deaths of 13 service members and injuries of hundreds more,” he said, referring to the number of U.S. military deaths tied to the Iran war. “For this, the president and vice president must be impeached, convicted and removed.”
Watson also called the administration’s immigration policies and tactics unconstitutional.
The Removal Coalition did not immediately respond to a request for comment, and Watson could not be reached.
President Donald Trump responded to criticism of a financial disclosure that listed $1.4 billion in crypto earnings largely driven by meme coins.
Washington, D.C
Hegseth faces protests at ‘Safe and Beautiful’ Washington, DC ceremony
Berk Kutay Gökmen
02 July 2026•Update: 02 July 2026
US Defense Secretary Hegseth on Thursday faced protesters while hosting the Trump administration’s DC Safe and Beautiful Task Force ceremony in Washington DC.
During the ceremony at Meridian Hill Park, which saw the gathering of National Guardsmen, dozens of demonstrators gathered near the park to protest Hegseth.
Footage shows the demonstrators chanting a short distance away from where Hegseth and roughly 200 members of the National Guard had gathered in the park
In social media posts, one protester was seen holding a Palestinian flag, while another person was holding a sign that reads “arrest Hegseth.” The protesters want a “Free DC,” according to social media posts.
In his address to the National Guard, Hegseth said that “this background noise is perfect,” referring to the protests.
“It’s the sound of ingrates, of ingratitude—of people who are so blinded by ideology they can’t see law and order and common sense in front of them,” he said.
Meridian Hill Park was repaired by the National Park Service and the Interior Department as part of a larger initiative to restore and enhance federal parks and public spaces throughout the nation’s capital in preparation for America’s 250th anniversary, which falls on this Saturday, July 4.
Though such beautification projects are typically popular with the public, the current initiative has been controversial both for its choice of projects and the use of no-bid contracts to hire firms to do the work, sometimes with disappointing results.
The work aligns with President Donald Trump’s DC Safe and Beautiful Task Force, established by a March 2025 executive order that directs federal agencies to coordinate public safety and beautification efforts across Washington.
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