Lisa Sturtevant, chief economist at Bright MLS, a diversified listing service, said it was too early to tell whether the DC market had shaken. “It doesn’t have enough time to filter into the housing market,” she said. According to a report by Bright MLS, there were 2,829 new lists in the DC area in the first two weeks of February, with “little change” starting from the same period last year, There are 2,820 lists of them. According to another Bright MLS report, the number of new listings rose 12.9% in the week ending February 23.
Workers like Mr. Mackenzie have rethinked the future in their own profession and where they will live.
“I'm going to have to sell my house,” he said.
As a presidential management researcher who started working in February 2024, Mr. McKenzie is still on probation and Mr. Trump’s order is targeting the latest employees who have not received the same amount of senior federal employees Protection measures. An estimated 200,000 workers are considered probation employees, which usually means they are working in the federal government for less than a year. According to the New York Times, at least 19,340 probation employees have been cut as of February 20.
Landing government work has long been seen as a way to achieve work safety, economic stability and upward liquidity. As of March 2024, about half of federal workers made between $50,000 and $109,999, according to the Pew Research Center. In the fourth quarter of 2024, the median weekly income of full-time and wage workers in the U.S. was $1,192, according to the Bureau of Labor Statistics.
Shernice Mundell, who was recently fired from the Office of Personnel Management, said she said her monthly mortgage in Edgewood, Maryland, was $1,200, taking up every single month, she said One third of the salary for two weeks.
