Have you seen the map of all the homes for sale in the DC area? I’m not sure of the average cost, but it’s over a million easily.
The DC bureaucrats are leaving the sinking ship. Many of them know their jobs are gone. Home values are dropping like COVID-vaccine-injected test monkeys.
Posted on X were some interesting datapoints. For example, since DOGE began discussing mass layoffs, the median home price in Washington, DC, has FALLEN by $139,000. In 30 days, nearly 4,000 homes have been listed for sale in and around Washington, DC.
In November 2024, the median home in Washington, DC, was worth ~$699,000, according to Redfin. Today, the median home is worth $560,000, marking a -20% drop in ~3 months. Mass selling is an understatement.
There are now nearly 8,000 homes for sale in the Washington, DC, metro area. Nearly HALF of these homes have been listed for sale over the last 30 days. Since November 2024, nearly 5,000 homes have been listed for sale, well above average.
Listings accelerated after DOGE’s federal employee buyout offer was announced.
The offer pays employees through September 2025 if they quit, with 5%-10% of employees expected to agree. As of this week, 65,000 federal employees have accepted the buyout offer, per WSJ.
There has been a SURGE in new listings in Washington, DC, with a listing price of $1,000,000+. There are now 525 listings of $1+ million and 44 listings worth $5+ million. This suggests high-profile job exits are rising.
Just wait until we see the effects on commercial real estate in Washington, DC, as DOGE announced plans to eliminate up to TWO-THIRDS of US government office buildings. Consider that DOGE figured out that not a single major US government agency currently occupies even 50% of its office space.
If one zooms out further in the DC area, you learn that there are ~15 THOUSAND homes for sale. In fact, there are so many homes for sale in the downtown area that Zillow now groups 280 homes together in clusters. This is an unprecedented level of selling in a generally “strong” housing market for sellers.
Meanwhile, the real estate carnage in DC raises bigger questions about who has been propping up the housing market all along.
Enter BlackRock and Vanguard.
The top shareholders of United Wholesale Mortgage (UWM Holdings Corp) are Vanguard, Fidelity, Platinum Equity Advisors, BlackRock, and Northern Trust Corp. Next, The top shareholders of Rocket Mortgage (Rocket Companies, Inc.) are Vanguard, Fidelity, Boston Partners, JP Morgan Chase & Co, and BlackRock. Finally, the top shareholders of Bank of America are Berkshire Hathaway, Vanguard, BlackRock, State Street Corp, and Fidelity.
These massive financial giants have been quietly buying up land and property across the country, most notably in places like Hawaii and Los Angeles, right after disasters struck. Their involvement in snapping up real estate raises concerns about potential price manipulation, asset control, and the consolidation of property ownership among the elite.
Is Trump trying to break the backs of Vanguard and BlackRock? It would make sense. With DC’s bureaucrats cashing out, the power structure built under decades of establishment rule is finally crumbling. And the fact that these corporate titans have so much to lose suggests the panic is not just among government workers.
Mass migration is occurring from DC, likely not to countries with no extradition (that was a joke), but certainly to places where the Deep State rats can find new burrows.
Recently, it was reported that there was a 400% increase in Google searches for “criminal attorney.” According to Zero Hedge, those aren’t the only massive search engine increases.
Internet search trends in the Washington, DC, metro area have been nothing short of stunning in recent weeks, reflecting what appears to be growing panic within the federal bureaucracy as President Trump and Elon Musk’s Department of Government Efficiency (DOGE) root out corruption in non-governmental organizations (NGOs) and federal agencies.
Earlier this week, internet search trends for “Criminal Defense Lawyer” and “RICO Laws” went viral on X, fueling speculation that Washington’s political elites were in panic mode. The searches coincided with DOGE’s efforts to neuter USAID’s funding of NGOs that propped up a shadow government, as well as begin cutting tens of thousands of workers from various federal agencies.
These Biden-era and other Leftist bureaucrats obviously know something that we only suspect. And that’s why these rats are jumping the DC ship. Let’s see if real Americans can get some good value for these homes. Lord knows, we paid for them.
