Lisa Sturtevant, the chief economist at Bright MLS, a multiple listing service, said that it is too soon to tell if the D.C. market has been shaken by the layoffs because “it hasn’t had enough time to filter into the housing market,” she said. In the first two weeks of February, there were 2,829 new listings in the D.C. area, which is “virtually unchanged” from the same time period last year, with 2,820 listings, according to a report by Bright MLS. During the week that ended Feb. 23, the number of new listings were up 12.9 percent over the same period last year, according to another report by Bright MLS.
Workers like Mr. McKenzie are already rethinking their futures in terms of their careers and where they will live.
“I’m going to have to sell my house,” he said.
As a presidential management fellow who started his job in February 2024, Mr. McKenzie was still on probation, and Mr. Trump’s order has been carried out by targeting the most recent hires who do not receive the same protections as more veteran federal employees. An estimated 200,000 workers are considered probationary employees, which typically means they had worked for the federal government for less than a year. As of Feb. 20, at least 19,340 probationary employees had been cut, according to a tally by The New York Times.
Landing a government job has long been viewed as a path to job security, economic stability and upward mobility. As of March 2024, around half of federal workers made between $50,000 and $109,999, according to the Pew Research Center, which relied on data from the Office of Personnel Management. In the fourth quarter of 2024, the median weekly earnings for full-time wage and salary workers in the United States was $1,192, according to the Bureau of Labor Statistics.
Shernice Mundell, who was recently fired from the Office of Personnel Management, said her monthly mortgage on her townhouse in Edgewood, Md., is $1,200 and took up about one-third of her biweekly paycheck, she said.
