Tag

Single Family Homes

All articles tagged with #single family homes

politics1 day ago

Warren says Trump could rally GOP to curb Wall Street housing purchases

Sen. Elizabeth Warren told POLITICO that President Trump could turn a GOP push to curb Wall Street’s single-family home purchases into law if he rallies Republicans, as Senate and House housing bills seek to boost supply and lower costs. The White House wants restrictions on institutional investors not currently in the bills, while Warren remains open to adding private-equity provisions and backs a separate tax-break removal measure, signaling alternative approaches. Whether the bills will be reconciled remains uncertain.

California Investors Own 17% of Single-Family Homes, Sparking Affordability Debate
business1 month ago

California Investors Own 17% of Single-Family Homes, Sparking Affordability Debate

Investors hold about 17% of California’s single-family homes (roughly 1.3 million), the second-highest statewide total, fueling a nationwide debate over how institutional buyers affect housing affordability. The piece cites BatchData data, notes the issue’s complexity, and discusses policy tensions around supply, demand, and the role of investors.

Trump moves to curb big investors buying single-family homes
business1 month ago

Trump moves to curb big investors buying single-family homes

President Trump signed an executive order to limit large institutional buyers from purchasing single-family homes, directing the Treasury to define what counts as a 'large institutional investor' and what qualifies as a 'single-family home' within 30 days and giving federal agencies 60 days to consider prohibitions; the plan includes an exception for build-to-rent communities and possible narrow carve-outs, and comes as critics say supply, not ownership by institutions, drives prices—Blackstone and other firms saw stock declines following the announcement.

Trump Targets Wall Street in Housing Plan to Put Homebuyers First
politics1 month ago

Trump Targets Wall Street in Housing Plan to Put Homebuyers First

President Trump signed an executive order to prevent large institutional investors from buying single-family homes, directing agencies to prioritize owner-occupants, impose disclosure and anti-circumvention rules, review related guidelines, and pursue legislation to curb Wall Street’s role in housing; the plan also asks Fannie Mae and Freddie Mac to buy $200 billion in mortgage-backed securities to lower borrowing costs.

White House Targets Wall Street Buyers to Restore Starter-Home Access
policy1 month ago

White House Targets Wall Street Buyers to Restore Starter-Home Access

The White House issued an executive order to curb large institutional investors from buying single-family homes that could be owned by families, with definitions to be developed within 30 days and guidance to federal agencies to limit such purchases and promote owner-occupant sales within 60 days, including narrow exceptions for build-to-rent; the order also calls for Treasury rule reviews, antitrust enforcement focus on large acquisitions, and mandatory disclosure of ownership in rental homes for federal programs, aiming to preserve supply for families and paving the way for legislative codification.

Trump’s home-buy ban could snag family offices in real estate holdings
business1 month ago

Trump’s home-buy ban could snag family offices in real estate holdings

Trump’s proposal to bar “large institutional investors” from buying more single-family homes raises questions about its impact on family offices. The exact definition of a “large institutional investor” and how it would be enforced are still unknown, but rules that count properties owned—rather than total assets—could inadvertently affect some wealthy families with sizable single-family rental portfolios. Experts note family offices vary greatly in structure, and while many prefer multifamily or commercial real estate, some hold substantial single-family portfolios, especially in the South; the immediate effect on them remains unclear until further details emerge.

Wall Street's Shift in Housing Strategy Eases Investor Concerns
real-estate1 month ago

Wall Street's Shift in Housing Strategy Eases Investor Concerns

President Trump proposed banning Wall Street from buying single-family homes, but industry insiders and analysts believe the impact on the market will be minimal as the business model has shifted away from competing directly with individual buyers, with major investors now focusing on new developments and partnerships with homebuilders. The market reaction was initially negative, but experts suggest the actual effect on the industry will be limited, especially if exemptions are made for new construction and existing portfolios.

Impact of Philly’s Corporate Investors on Renters and Homebuyers
housing4 months ago

Impact of Philly’s Corporate Investors on Renters and Homebuyers

A report reveals that corporate investors bought a quarter of Philadelphia's single-family homes from 2017 to 2022, mainly in Black and Hispanic neighborhoods, raising concerns about affordability, displacement, and community stability, while also highlighting some positive impacts like property upgrades. The study calls for policy changes to increase transparency and protect residents from negative effects of investment activities.

real-estate2 years ago

Residential Construction Soars, Boosting Housing Market Optimism

Residential construction is gaining momentum as homebuilders and developers adjust to higher mortgage rates. Single-family construction starts in November rose by 6.6% from the previous month, reaching the highest level since April 2022. Homebuilders have been building smaller houses and offering incentives to offset the impact of higher rates. Meanwhile, multifamily construction starts also increased, with November seeing the highest number of starts since July. Despite challenges in certain sectors, the economy has managed to grow at unexpectedly high rates, and a recession, which was anticipated for 2023, has not materialized.

Austin City Council Approves HOME Initiative to Increase Housing Density on Single-Family Lots
housing2 years ago

Austin City Council Approves HOME Initiative to Increase Housing Density on Single-Family Lots

The Austin City Council has voted to allow the construction of more homes on single-family lots in an effort to address the housing affordability crisis. The change will permit up to three housing units, such as duplexes and triplexes, on almost any lot in the city where single-family homes are currently allowed. Critics argue that denser housing will negatively impact existing neighborhoods and displace low-income residents without providing affordable housing. This decision is part of a broader push by Austin officials to relax city rules and stimulate more housing construction.

Unveiling the Hidden Laws Behind America's Housing Crisis
housing-crisis2 years ago

Unveiling the Hidden Laws Behind America's Housing Crisis

Single-family zoning laws enacted in the early 1900s to protect homeowners and preserve neighborhood character have inadvertently contributed to the severe housing shortage in the US today. These laws, which restrict the construction of anything other than single-family homes in certain areas, have limited housing supply, raised prices, reinforced racial and class segregation, and hindered access to better schools and job opportunities. As a response to the housing crisis, some states and municipalities are rethinking their zoning laws, allowing for multi-family developments, accessory dwelling units, and affordable housing near transit lines. However, zoning reform alone is not enough to solve the problem, and additional policy changes, such as increased housing subsidies and protections for renters, are necessary to address housing affordability.