#inventory-trends

#inventory-trends

In markets like Washington, D.C., Virginia Beach, Oklahoma City and Baltimore, where many households rely on federal employment, we're seeing buyers take a brief step back as uncertainty persists. However, home prices and inventory trends in these areas continue to move in line with broader national and regional patterns, suggesting that the overall market remains steady for now. Federal employment accounts for 11% of the labor force in the D.C. metro area, 7% in Virginia Beach, 4.2% in Oklahoma City and 3.7% in Baltimore.

Despite gains in inventory, Florida's housing markets are witnessing a decline in pending home sales and prices, illustrating an ongoing shift in buyer dynamics.