The D.C. housing market is currently facing various rumors about an impending collapse due to job cuts at DOGE and a supposed inventory surge. However, reliable data from Altos Research contradicts these claims. National inventory levels are above 2022 lows but still not at average levels, indicating a gradual recovery. The D.C. metro market shows little increase in inventory compared to past lows during the pandemic. It's essential to remain cautious about sensational social media posts and rely on accurate housing data for better context.
Although inventory levels are not yet back to average, it's encouraging to note that we are significantly above the all-time low inventory level of 240,497, recorded in March 2022.
So far, it looks like we're not seeing it materialize. The inventory in the DC metro housing market isn't much higher than the COVID-19 inventory lows.
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