The article discusses the uncertainty surrounding the Washington, DC housing market due to social media rumors and federal worker job security fears. Agents indicate that while some workers are seeking affordable housing options in Baltimore as they face job uncertainties, the overall market data shows typical inventory levels. The claims of a housing market decline have caused panic, but local brokers argue that it is too early to draw conclusions about the market's health amid return-to-office mandates and potential job layoffs.
They can't afford to be in DC proper. They reached out to me about buying in Baltimore near Penn Station so they can afford a house.
Some residents fear that newly jobless federal workers will leave the city en masse, causing for-sale and rental inventory to skyrocket.
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