Connect with us

Washington

Washington, DC sees spike in homes for sale amid DOGE federal worker layoffs – WTOP News

Published

on

Washington, DC sees spike in homes for sale amid DOGE federal worker layoffs – WTOP News


The number of Washington, DC area homeowners who decided to list their homes for sale jumped last month amid steep cuts to the federal workforce.

The jump in DC homes for sale outpaced active listings nationwide amid an increase in federal job layoffs.

(CNN) — The number of Washington, DC area homeowners who decided to list their homes for sale jumped last month amid steep cuts to the federal workforce.

In the four weeks ending April 27, the number of active home listings in the nation’s capital surged 25.1% year-over-year, the largest gain on record, according to a new report from real estate website Redfin.

The jump in DC homes for sale outpaced active listings nationwide, which grew 14.2% in that same period, Redfin said. Active listings in DC are now at their highest level since 2022, according to the report.

Advertisement

The uptick in new homes for sale in DC comes amid steep layoffs in the federal workforce, driven by Elon Musk’s Department of Government Efficiency (DOGE), which has slashed federal funding and jobs in an attempt to reduce government spending.

Redfin found that active listings are rising fastest in the suburbs of DC, where many federal workers live. Homes for sale in Alexandria, Virginia, jumped nearly 41% year-over-year during the four weeks ending April 27, the largest increase of the surrounding counties Redfin analyzed. Montgomery County, Maryland, saw new home listings surge 38.5%, and Loudoun County, Virginia, also saw a surge of 36.8%.

Real estate agents in the DC area told CNN the housing market is still relatively tight, though, despite the high number of recent home listings.

“While there are notable government layoffs contributing to some new listings, we’re not witnessing a mass exodus,” Candyce Astroth, a Realtor based in Fairfax, Virginia said. “The housing crisis persists, and we still need more listings to meet the demand in the market.”

However, Brian Coester, a Realtor based in Maryland, said that the DC area feels “different than it’s been in a long time in the sense of the uncertainty around some of the administration changes.”

Advertisement

According to the Bureau of Labor Statistics, the federal government shed 9,000 jobs in April and has lost 26,000 workers since January.

However, the true number is likely much larger.

For example, workers who accepted DOGE’s offer of a “buyout” in January will not show up in federal unemployment data because they are technically still on the federal government’s payroll through September.

According to a CNN analysis of official statements and internal memos, at least 121,000 federal workers were laid off or targeted for layoffs in President Donald Trump’s first 100 days in office.

Federal workers make up the highest proportion of the workforce in DC compared to any US state, with federal jobs constituting more than 13% of total employment, according to a March report from the Economic Policy Institute. Maryland and Virginia, states that surround DC, have the second- and third-highest shares, at 7.3% and 5.6%, respectively.

Advertisement

The-CNN-Wire
™ & © 2025 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Washington

Ravens S Ar’Darius Washington tears his Achilles tendon during offseason conditioning, reports say

Published

on

Ravens S Ar’Darius Washington tears his Achilles tendon during offseason conditioning, reports say


Associated Press

OWINGS MILLS, Md. (AP) — Baltimore Ravens safety Ar’Darius Washington reportedly tore his Achilles tendon during offseason conditioning.

NFL Network and The Baltimore Sun, both citing unidentified sources Wednesday, reported Washington’s injury, which could impact the team’s defense this coming season. Washington started from late October on last season, and his presence helped the Ravens’ pass defense turn its season around after a shaky start.

Advertisement

Washington signed his restricted free agent tender with the Ravens last month. He’s played all four of his NFL seasons with Baltimore.

The Ravens did use their first-round draft pick this year on another safety, taking Malaki Starks out of Georgia.

___

AP NFL: https://apnews.com/hub/nfl

Advertisement



Source link

Continue Reading

Washington

On this date in Penguins history: Pittsburgh blows out Washington in Game 7 easy-breather

Published

on

On this date in Penguins history: Pittsburgh blows out Washington in Game 7 easy-breather


Sixteen years ago today, the Penguins went into the Verizon Center in Washington, D.C. and came away with an easy win against the Capitals in Game 7 of a playoff series between the two teams.

The series had featured massive swings with the Penguins falling into a 2-0 hole and then evening things up with two wins at home.

Pittsburgh won in overtime in Game 5 before the Capitals forced a seventh game with an overtime win of their own.

Going into Game 7 on the road, it felt like anything was possible. Three of the six games needed overtime and no lead ever felt safe as Sidney Crosby and Alex Ovechkin were trying to propel their young teams to new heights.

Advertisement

Early on in the elimination game, Alex Ovechkin had a chance to set a tone with a breakaway just three minutes into the contest — but Fleury stood tall, setting a tone of his own.

It took a little time but the Penguins eventually stormed their way through the game, sending the Capitals home for the season.

Sidney Crosby and Craig Adams each scored late in the first period, only 8 seconds apart to take a 2-0 lead. Early in the second period Bill Guerin and Kris Letang extended the lead to 4-0 before Jordan Staal added a 5th goal for the Penguins.

Advertisement

Ovechkin got the Caps on the board late in the second before Sidney Crosby made it 6-1 and Brooks Laich got the Capitals within four, with the game ending at a score of 6-2.

Who would’ve thought at the time the two teams wouldn’t meet again in the postseason for another 7 years?



Source link

Continue Reading

Washington

Washington Joins California and Oregon in Enacting Statewide Rent Control

Published

on

Washington Joins California and Oregon in Enacting Statewide Rent Control


Citing significant increases in the cost of housing, Washington State joined California and Oregon in enacting statewide rent control. 

On May 8, 2025, Washington Governor Bob Ferguson signed House Bill 1217 into law, establishing statewide rent control. The legislation caps annual rent increases at 7% plus inflation or 10%, whichever is lower, for a period of 15 years. A stricter 5% cap applies to manufactured homes with no expiration date. The law also mandates a 90-day notice for rent hikes and prohibits increases during the first year of tenancy. Exemptions include new constructions for their first 12 years, owner-occupied small multifamily units, public housing, and certain low-income developments. Enforcement provisions allow tenants or the state attorney general to pursue legal action against violations, with penalties up to $7,500 per infraction.

Supporters argue that the measure provides much-needed stability for renters in one of the nation’s most expensive housing markets. Governor Ferguson emphasized the need to prevent residents from being priced out of their homes. However, opponents, including the Rental Housing Association of Washington, contend that the law could deter investment in rental properties, reduce housing supply, and lead to higher prices and lower quality. They are considering legal challenges, particularly concerning the law’s immediate effect without prior inflation data from the Department of Commerce, which is due by June 1.

In Maryland

Advertisement

Maryland remains divided on rent control policies, with the General Assembly showing reluctance to expand certain local authorities while also signaling interest in placing limits on others. One of the most closely watched bills this session was the Good Cause Eviction Act (HB709/SB651), which would have allowed counties to require landlords to provide a legally defined justification for non-renewing leases. Although the bill ultimately failed, lawmakers debated a potential compromise that would allow counties to implement either rent control or good cause eviction requirements—but not both.

While no statewide rent control proposal has gained meaningful traction, local-level rent regulation continues to be a subject of active debate in several Maryland counties. The conversations reflect ongoing tension between tenant protections and concerns about impacts on housing supply and investment.

Read the full story in Governing. 

Read the full story in the New York Times.





Source link

Continue Reading

Trending