President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
The ranking member of the House of Representatives’ Financial Services Subcommittee on Housing and Insurance is finding fault with President Trump’s proposal to ban institutional investors from buying single-family homes. In an interview with the Washington Examiner,...
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 5-9. Hit: Who Saw That Coming? The biggest...
California Gov. Gavin Newsom is following President Trump’s lead by calling for a shutdown on institutional investors from purchasing single-family homes. The San Jose Mercury News reports 3% of California’s single-family homes are owned by large companies, according...
President Trump has announced that he will seek to ban institutional investors from acquiring single-family homes. In a post on Truth Social, Trump declared, “For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the...