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Fortune
Fortune
Stuart Dyos

Home listings in Washington, D.C., see biggest jump ever as sellers accept lower, all-cash offers amid DOGE layoffs

A "For Sale" sign in front of a Washington, D.C., home. (Credit: Nathan Howard—Bloomberg/Getty Images)
  • Active home listings in the Washington, D.C., metro area jumped 25% in April, the largest gain on record, to reach the highest level since 2022. The surge of inventory in the city with the most federal employees follows layoffs initiated by the Department of Government Efficiency.

Amid the fallout from the Department of Government Efficiency’s federal layoffs, home listings in the nation’s capital saw the largest gain on record and have jumped to the highest level since 2022, according to Redfin.

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