The Housing Bubble Blog

A report from CNN. "A month after losing her job at the Department of Veterans Affairs, Corinne Bazarnyj is still waiting to be approved for unemployment benefits. The disabled veteran who started at the agency as a training specialist in November was caught up in the Trump administration’s mass...

A report from Fox 5 Washington DC. "Are D.C. home prices dropping? Some data indicates home prices have declined nearly 11 percent in the last 12 months. Parcl Labs, a real-time housing analytics group says the D.C. city housing market has declined nearly 11 percent year-to-date. That means the...

A report from Maryland Matters. "As the Trump administration continues slicing the federal workforce and laying off probational employees in large numbers, much of the conversation on how it impacts Maryland can center around the populous counties that lie just outside of the District of Columbia –...

A report from WJLA. "Rent in Washington, D.C., is climbing for the first time in months, with a 2.7% increase in February, according to Redfin. Arlington, Virginia, experienced the largest year-over-year increase in asking rents last month, with a 12.1% rise. The average rent in Arlington now...

A report from the Miami Herald. "The Department of Government Efficiency (DOGE), led by Elon Musk, has reportedly recovered $1.9 billion in misplaced funds by the Biden administration. The amount originated from the Department of Housing and Urban Development (HUD) and was deemed unnecessary due to...

A report from Associated Press. "Scrambling to replace their health insurance and to find new work, some laid-off federal workers are running into another unexpected unpleasantry: Relatives cheering their firing. Riley Rackliffe, who was working as an aquatic ecologist at Lake Mead National...

It's Friday desk clearing time for this blogger. "Thus far, it’s unclear how many Pennsylvania feds have been laid off. 'I see lots of experience,' boomed the day’s organizer, Charlie Elison, a bearded Army veteran turned civilian public affairs officer, scanning the turquoise-painted room. Before...

A report from Baltimore Brew in Maryland. "The Baltimore field office of the Department of Housing and Urban Development (HUD) is soon to be permanently closed, along with scores of other HUD field offices across the country. As for the employees losing their jobs, especially the younger ones,...

A report from WEAR in Florida. "Sellers are slowly losing their leverage in the housing market. WEAR News spoke to a Pensacola realtor about the shift. Last month, more than 40,000 home purchase agreements fell through across the country according to Redfin. 'It's a lot of things, I think that...

A report from Florida Politics. "There were 168,717 single-family homes for sale in Florida last month, the Realtor.com report said. It’s the most homes for sale recorded in the Sunshine State in a single month. The last time any month came close to that was in July 2016. February’s home inventory...

A report from Market Watch. "The housing market is changing, and becoming a buyer’s market. Sellers haven’t quite accepted that yet. Real estate agents will often argue that the reason home prices are so high, is because there isn’t enough supply to meet demand. But if you ask a homebuilder, they...

A report from ABC News. "Crowds of current and recently fired federal workers gathered at a job fair in Maryland on Saturday to search for new career opportunities as the Trump administration continues its purge of federal workers. Daniel Leckie was a historic preservation specialist for the...

A report from the Baltimore Sun. "Baltimore City resident Jeanne Hyatt was surprised to see a sudden 30% surge in her condominium fees after three decades of only gradual increases. 'Who can afford this?' asked Hyatt, a retired school teacher, speaking this week at a Judicial Proceedings Committee...

It's Friday desk clearing time for this blogger. "While there’s no collapse in the Washington-area housing market right now, you may be asking: Why are so many for sale signs popping up? 'Everybody I'm talking to is scared, uncertain, and there's no predictability. That’s going to impact all...

A report from the New York Times. "After losing his job at the U.S. Forest Service, Cameron McKenzie was worried about finding a new job. But first, he had a more immediate concern: How was he going to pay the mortgage? He’s done the math — finding another job in the environmental sector could take...

A report from the Baltimore Banner in Maryland. "Mass firings. Job uncertainty. Bigger workloads. A demand to list accomplishments. Stress hives. Borrowing from retirement funds. The Trump administration’s executive orders aimed at the federal workforce have rapidly transformed many lives. National...

A report from DC News Now. "Virginia Gov. Glenn Youngkin is sharing some new resources, including touting tens of thousands of jobs he says are available right now. Fired workers, especially those with specific skill sets, said it won’t be easy finding a new job. 'I would like him to tell me where...

A report from the Associated Press. "Confusion and chaos loom as hundreds of thousands of federal employees begin their workweek on Monday facing a deadline from President Donald Trump’s cost-cutting chief, Elon Musk, to explain their recent accomplishments or risk losing their jobs. Democrats and...

A report from the Washington Post. "Virginia state senators spent hours this week, in the frenzied homestretch of the General Assembly session, debating and ultimately agreeing to make federal government contractors affected by sweeping cuts in Washington eligible for state unemployment benefits....

A report from CNBC. "The U.S. housing market continues to weaken, as potential buyers face stubbornly high mortgage rates, elevated prices and limited supply of listings. Realtors are reporting that buyer traffic in January was weak. 'Realtors are putting more signs up, but the buyers are not...