Your search results

Impact of workpanses in the DC housing market

Posted by Unes on February 17, 2025
0


Washington, DC apartment market faced sudden collapse? A hurricane of social media posts from suspicious figures caused the assumptions that a great inventory flow market. Can this be a point that sends the DC housing scene to a well section? A crash already occurs?

Before skipping results, share it with a wise word: Be careful with these doomsday messages floating in X.

Let's learn what happens in a deeper wine and DC market to reliable data sources. It has fresh weekly data to provide the necessary answers.

Weekly housing inventory data

Let's examine national information first. This was the main indicator for the apartment as it always progresses towards the normalization. Although the level of inventory does not yet return to the average, it is much higher than the level of low inventory of all 240,497 mentioned in March 2022. To grow soon.

  • Weekly inventory change (February 7. 14): Inventory rose 632,367 for 637,991
  • In the same week of last year (February 9. 16): Inventory fell 494,8199 for 493,987
  • The bottom of the inventory was always in 2022 240,497
  • Was the summit of inventory for 2024 739,434
  • In some context, for active lists for the same week in 2015 954,5811
Chart visualization

Let's look at the DC Metro housing market and see if we can see any sign of the mass inventory, which tends to social media. So far, it looks like we have seen it happened.

AD 4nXf0cNkcpSIN84DIsL4RYbUQMfYwf8y2FIdq8Vch9kOThA0U1wkTkT9fk2aZVuoBARuLwRRPpsEIAir1kFzsXCpi cr4RY6r7fKP7JkQuk5EHmFyF6vCEwNIWrcOSE57G9k17Ljq?key=zBodKWRNXUWk7WDgIiEJZBIB
The DC Metro housing market is not higher than inventory, Covid-19 inventory capabilities. Remember to be careful when listening to people who do not watch the housing economy. While working from such a low base, the inventory will be easier to see as we see in 2018 data, if you can see, if you can see, if you can.

New lists information

New list information Altos Research Immediately reflect the houses that come to the market without contract, provides us a real time view of any sales pressure on the market. In the past two years, it was the lowest new list of the history.

Last year, I forecasted that we would have at least 80 thousand weeks a week during seasonal peak months, but this did not happen. I believe this year we must hit this goal. It should be noted that this information line during the housing bubbles has ran between 250,000-400,000 per week.

National New List Information for last week during the previous several years:

  • 2025: 56,559
  • 2024: 49,556
  • 2023: 42,073
Chart visualization

Let's examine the current state of the DC market and the latest list data. It seems quite normal than the last few years. Unfortunately, those who promote significant inventory measures seem to have relevant information tools to effectively monitor these trends.

AD 4nXfHT6F4vY6k4GIWRgWRu8SnmcNC i2 77RJvKs8x4xqqLVI4fna4PdbU OSDzG9r0rGhpYJwGXkKTkqdsw388S9J1ng7K5ioqD2YbnXwYGU5atDzd g1MbKGZD0X5jvRwF zm?key=zBodKWRNXUWk7WDgIiEJZBIB

In the last few weeks, unemployed claims in this area have increased and can expect more growth in 200,000 for the purpose of the Trump Administration. I like to keep the work straight: Follow the new list data and active inventory and follow the data within the next few months. But there was still nothing important.

Price incision percentage

On average, one-third of all houses usually face the price reduction in the apeastic dynamics of the housing market. Last year, I had a low forecast, forecasting only 2.33% nominal home price growth.

I am growing 1.77% of the negative real home price increase for 2025. As inventory increases and above 7%, the price increase is expected to cool. I was wrong last year, partly fell 6% to mortgage rates. However, the slowdown of price growth is a positive development for the apartment market, which needs a desperate way.

Price-cut interest for the previous week for the last week:

  • 2025: 33%
  • 2024: 30%
  • 2023: 31%
Chart visualization

Finally, let's examine interest in reducing prices in the DC market. We can observe the percentage of price cuts is lower than the national average. This does not mean that the federal workers do not see stressful vendors because they lost their jobs in the coming weeks, but the latest information still does not show any significant stress in the market.

AD 4nXeUHpJAeoOv6Milwwj5fI9h2ZGej69WohpPDh1yoN5BCDrbq4P32R5caIP3D D5oJ2Y7bIaWAR5TbXokCiO4LfC p17tMW

10 years of income and mortgage rates

I look forward to seeing the following ranges:

  • Mortgage rates will be between 5.75% and 7.25%.
  • 10 years of productivity will range from 3.80% and 4.70%.

10 years of productivity was wild last week. The CPI report rose to the bond product, the next day the PPI inflation report sent a 10-year product to fall. Friday's weak sales report sent the mortgage rates and sent a 10-year income.

Chart visualization

Emits a mortgage

The positive story about the mortgage pace is to improve the dissemination of the mortgage observed in 2024 and 2025. Without this improvement, the mortgage pace would be about 8% in 2025.

Historically, it spreads, usually varies from 1.60% and 1.80%. If we encounter the worst mortgage spread of 2023, mortgage prices would be 0.77% higher today. On the contrary, the current mortgage rates would be about 0.73%, 0.83% to 0.83% by distribution of regular mortgages.

Chart visualization

Buy application data

Application data was nearly flat this year:

  • 2 Positive readings
  • 1 straight reading
  • 2 Negative reading

Last week, weekly data was 2% per week, but 2% annually during the year. Historically, when mortgage prices are high, shopping data tends to reflect negative trends. For example, when the mortgage prices are changed between 6.75% and 7.50%, purchase application data showed 14 negative and two positive and two straight readings.

We will Follow the information closely in February and discuss these and other housing economic issues in a great way In Dallas on February 26.

Chart visualization

Weekly waiting sales

Contract information that expects the last week from the Altos study offers valuable concepts to the current trends of the apartment request. This database has shown a prominent development since the summer of 2024 and has increased since the end of the year.

However, the mortgage prices have been delayed in 2024 and begin to remain high in 2025, a little reduction in which we grow forward to a while. We still show higher growth against 2023, but not much. Our apartment data is improving if mortgage prices are about 6%.

Contracts waiting a week during the past week in the past week:

  • 2025: 303,957
  • 2024: 314,053
  • 2023: 298,432
Chart visualization

Upcoming week: Housing data and fed speeches

This week, we have to release several main housing information, including home founder confidence, housing beginnings and existing home sales. On Monday, we need to talk to several federal reserve presidents and reacting how the markets react. I will be on Tuesday CNBC to discuss builders and tariffs. In addition, we can wait every Thursday, unemployed will be waiting for information and expect information that can be particularly interested in the recent periods of this information.

Chart visualization

Hopefully, this article ensures better understanding of housing inventory in the DC market.

Leave a Reply

Your email address will not be published.

Compare Listings

Share via
Copy link