And guess what? There are federal employees in all 50 states whose jobs are being cut. It's a myth that the majority of federal workers live in the DC area. The federal government is the largest employer in the US, so all of these workers who are being fired will add greatly to the unemployment statistics in the coming months.
The same fake news story is going around about Northern VA where I live. A quick search of Zillow and MLS reveals volume is about the same as it was the month before, and the month before that, and the month before that…
It’s all just cruelty cheer-mongering against an area full of woke blue folk.
Live here. Don’t see a lot on the market rn. The ones I do see sell fast for insane prices. Not sure what’ll look like in six months. If things go south a lot of people will be screwed if they’ve bought houses here in the last 10-20 years. They will be underwater.
Racism is fed by zealots doesn’t matter what race they belong to the instigate problems just to gain followers of influencers rather than promoting innovation betterment for humanity @Jim Acosta
Sounds like some netvestor gave your friend more heat than light. It's either they're misinterpreting data, or it's an attempt to create a panic that satisfies a self-fulfilling prophecy to make a certain play more lucrative.
And guess what? There are federal employees in all 50 states whose jobs are being cut. It's a myth that the majority of federal workers live in the DC area. The federal government is the largest employer in the US, so all of these workers who are being fired will add greatly to the unemployment statistics in the coming months.
The same fake news story is going around about Northern VA where I live. A quick search of Zillow and MLS reveals volume is about the same as it was the month before, and the month before that, and the month before that…
It’s all just cruelty cheer-mongering against an area full of woke blue folk.
Live here. Don’t see a lot on the market rn. The ones I do see sell fast for insane prices. Not sure what’ll look like in six months. If things go south a lot of people will be screwed if they’ve bought houses here in the last 10-20 years. They will be underwater.
Racism is fed by zealots doesn’t matter what race they belong to the instigate problems just to gain followers of influencers rather than promoting innovation betterment for humanity @Jim Acosta
Really fake news prices are not going to collapse in DC NoVA or Md or WV
"Sell the news" indeed
Sounds like some netvestor gave your friend more heat than light. It's either they're misinterpreting data, or it's an attempt to create a panic that satisfies a self-fulfilling prophecy to make a certain play more lucrative.
The DC area housing market is volatile in the best of times. This is uncharted territory.