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Real Estate

D.C. hit the hardest by government shutdown

The government shutdown is seeping into various aspects of American life, but it's impacting some areas more than others. One of the hardest-hit cities is Washington D.C., with 18.5% of local wages going to federal workers. Per Trulia:

The harm from a government shutdown would be minimal compared with the damage that the government could cause later this month if it hits the debt ceiling, stops paying some or all of its bills, and triggers a financial crisis. Everyone – not just federal employees and people who want to sell their homes to them – needs to be watching Washington D.C. this month.

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Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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