The 6th "D" Hits DC
Hans Wydler
Hans Wydler
Coming off of record low transaction volume two years in a row, we began 2025 with a good bit of optimism for our local real estate market. As we like to point out, life happens, and the 5 main drivers of residential sales, Diapers, Diplomas, Diamonds, Divorce and Death, aka the 5 Ds, happen year in and year out. When turnover is low, latent energy builds, and at some point re-energizes the market place.
Back in February, it seemed that the new administration was adding a 6th "D" with DOGE. Dramatic cuts to government employment, coupled with slashing of government contracts and grants are impacting our local economy. Recent market gyrations caused by on-again off-again tariff policy has further eroded consumer confidence, not to mention most people's 401ks.
With all the negative local employment news and equity value compression, one might think that our local real estate market would be in a tailspin. Fortunately, that has not been the case--at least for now. As of the time of this writing, transactions are still happening and prices haven't fallen in any meaningful way. It does seem that we are in a shifting market with buyers being significantly more cautious/patient and inventory levels starting to rise at most price points. As we get deeper into 2025, we may start to see additional concessions from sellers to get deals done.
We are continuing to monitor the rapidly evolving marketplace. For a private consultation, please don't hesitate to get in touch.
Stay up to date on the latest real estate trends.
Real Estate in a Shifting Economy
"Everything changes and nothing remains still; and you cannot step twice into the same stream." - Heraclitus, Greek Philosopher
As predicted, early signs point to a strong start for 2025.
This time of year we get a lot of questions about “timing the market.” Our “timeless” advice to give you the best chance of an optimal outcome is that the timing of yo… Read more
What a difference a month makes!
Next Tuesday is election day and one thing is clear, the polls are all over the place and no one knows who is going to be our next president.
Rolling into the fall, we felt a collective sigh of relief from the market when the FED finally implemented the much anticipated interest rate drop.
The Washington DC Metro area (including Northern Virginia and Montgomery County) has seen a 5% increase in sold volume, an almost 7% increase in average sales price, a… Read more
Undoubtedly, you’ve been reading about changes in the residential real estate market.
Wydler Brothers have been selling residential real estate for over 20 years in the DC metro area. Along the way, they’ve achieved numerous awards and recognitions, including being recognized as “The Most Innovative Real Estate Agent in America” (Inman, 2014), written several articles for The Washington Post, authored a book, “Inside the Sell”, co-founded a real estate tech company which sold to Move, Inc. in 2013, and built Wydler Brothers into a highly respected boutique brokerage with 70 agents and employees which they sold to Compass in 2019. Currently, Wydler Brothers is among the top 3 teams in the DMV and was the #1 Compass Team in 2022.