According to The Kobeissi Letter, the combined value of US homes surged by $2.5 trillion in 2024, reaching a near-record $49.7 trillion. Since 2012, the total value of homes has increased by 150%. Millennials' homeownership value rose 19% year-over-year to $9.7 trillion, accounting for approximately 20% of the housing market.

According to The Kobeissi Letter, the Washington, DC metro area currently has nearly 10,000 homes for sale, with approximately 50% listed since January 1st. Since November 2024, nearly 5,000 homes have been listed, surpassing historical averages, even exceeding figures from 2008.