Alexandria finds itself at the center of a housing market dynamic where federal downsizing has increased the number of residents putting homes on the market, while falling mortgage rates could boost buyer demand.
The White House told federal agencies to prepare for mass layoffs if the government shuts down next week. In a memo released Wednesday night, the Office of Management and Budget instructed agencies to consider “a reduction in force” for programs “not consistent with the President’s priorities,” according to The Associated Press. Unlike previous shutdowns, where workers were furloughed and returned, this would permanently eliminate positions.
