The number of homes for sale in the nation’s capital is at the highest level since 2022 amid a mass reduction in the federal workforce under the Trump Administration. Active listings of homes for sale in Washington, D.C.  jumped 25.1% year over year to the highest level since 2022 during the four weeks ending April 27—the largest gain on record. By comparison, active listings nationwide rose 14.2%—the smallest increase since March 2024.  New listings in Washington, D.C. increased 11.4% year over year to the highest level since 2022—nearly double the national gain of 5.8%. Washington, D.C. data in this report cover the Washington, D.C. metropolitan area, unless otherwise noted. Redfin’s records date back to 2015. “Quite a few people in D.C. are selling their homes because they’re losing their jobs,” said local Redfin Premier real estate agent Mary Bazargan. “Many of those people are planning to leave the area because …

Mortgage rates will move slightly higher today on the back of a strong April employment report that makes the previously expected June Fed rate cut very unlikely, but a deterioration in the labor market is expected in coming months if trade policy doesn’t change. Employers added 177,000 jobs in April—more than expected by economists—with the unemployment rate remaining unchanged at 4.2%. It is much too early to see the employment effects of the new tariffs. The Bureau of Labor Statistics collected this data the week of April 6th, the same week President Trump instituted a 90-day pause on all reciprocal tariffs, other than those on China. Employers are unlikely to make major decisions until the details of any trade agreements with specific countries, especially China, are clear. But with the average tariff rate currently hovering in the low 20’s, up from 2.5% in January, the unemployment rate will increase in …

Mortgage-purchase applications are declining and pending home sales are sluggish. The 2025 spring homebuying season is lackluster, with record-high housing costs and widespread economic instability keeping would-be homebuyers at bay.  Mortgage-purchase applications are down 6% month over month, and Redfin’s Homebuyer Demand Index–a measure of tours and other buying services from Redfin agents–is essentially flat. Pending home sales fell, too, declining 2.8% year over year nationwide during the four weeks ending April 27. That dip is mainly due to a holiday effect–Easter fell into this year’s four-week period, but not in the comparable period in 2024–but even without that effect, pending sales would likely be flat from a year ago. Sales were sluggish last spring, and they’re sluggish again this spring.  There are two key reasons a lot of prospective house hunters are staying on the sidelines: Record-high housing costs. The median U.S. monthly housing payment is at an all-time …

Monthly mortgage payments are declining in some parts of the country as homebuying demand slows amid widespread economic uncertainty. The silver lining for buyers in those places: They have some negotiating power.  Monthly mortgage payments are declining in 12 of the 50 most populous U.S. metro areas, half of them in Florida or Texas. The typical homebuyer in Jacksonville, FL had a monthly mortgage payment of $2,482 in March, down 4.2% from a year earlier—the biggest decline among the metros in this analysis. The next-biggest declines were in the Bay Area: San Francisco, with a 3.5% decline to $10,054, and Oakland, with a 2% decline to $6,638.  Other West Coast metros including Seattle and Portland, OR are also among the places where monthly mortgage payments are falling, as are three more Florida metros and a pair of Texas metros.  This is from a Redfin analysis of the 50 most populous …

This ATTOM webinar features industry expert Sean Mooney, VP of Product Management, as he discusses how ATTOM’s boundary datasets are empowering businesses across a wide range of industries to improve decision-making and enhance user experiences. During the webinar, Sean explores the critical role of location precision in today’s data-driven world. He highlights how ATTOM’s neighborhood, school, and parcel boundary datasets provide the spatial context needed for smarter insights, more accurate property analysis, and seamless search experiences. He explains the importance of boundary data for real estate portals, direct marketing, risk assessment, policy decision-making, and more. Sean provides an in-depth look at ATTOM’s comprehensive boundary product family, which includes Census boundaries, ZIP Codes, Postal Cities, flood zones, and Canadian boundary products. He then delves into ATTOM’s Neighborhood Boundaries, explaining how they are carefully hand-digitized, organized into a four-level hierarchy, and designed to support hyperlocal search and analysis with unmatched accuracy. He …

According to ATTOM’s recently released Q1 2025 U.S. Home Sales Report, homeowners earned an average profit margin of 50.2 percent on the sale of single-family homes and condos. This marks a decline of 3.2 percentage points from the previous quarter and 4.8 points from the same period in 2024. WATCH: ATTOM #figuresfriday Top 10 Housing Markets with Biggest Quarterly Increases in Profit Margins in Q1 2025 ATTOM’s latest home sales analysis reported that the national median profit margin on home sales has seen modest declines nearly every quarter since mid-2022, yet it continues to sit well above pre-pandemic levels. The report noted that while the national median home sale price has held steady at $355,000 for two consecutive quarters—just below its peak of $358,000 in Q3 2024—the median raw profit for sellers slipped by roughly 4 percent, falling from $124,000 in Q4 2024 to $119,000 in Q1 2025. Also according …