single-family homes

A new bipartisan federal housing bill includes provisions to limit institutional investors from buying large numbers of single-family homes but is unlikely to significantly impact Massachusetts, where such investments are not a major issue. The 21st Century ROAD to Housing Act became law without President Trump’s signature and focuses on financing reforms and zoning incentives, though experts say its effects on Massachusetts’ housing shortage will be modest.

Michigan Governor Gretchen Whitmer signed a law limiting corporations to owning no more than 100 single-family homes in the state, lower than the federal minimum of 350 units. Opponents argue large investors are not a major problem in Michigan, while supporters claim it will help keep homes available for residents amid a housing crisis.

Michigan Governor Gretchen Whitmer signed legislation limiting private equity groups to owning no more than 100 single-family homes. The measure aims to address housing market concerns but is questioned as a potential solution without a clear problem.

California is implementing a major housing change aimed at increasing the availability of affordable homes. The current statewide median price for existing single-family homes remains above $900,000.

Dream Finders Homes has increased its bid for Beazer Homes to $875 million. Both companies specialize in designing and building single-family homes.

Bridgepoint is acquiring Kayne Anderson Real Estate for $1.4 billion. US President Donald Trump announced plans to ban large institutional investors from buying more single-family homes and will ask Congress to codify the restriction.

President Donald Trump canceled a signing ceremony for a new housing package and called it 'of minor importance,' despite expectations to highlight a provision banning big investors from owning single-family homes.

Los Angeles faces a housing supply challenge as the City Planning Commission considers delaying Senate Bill 79 to replace it with a 'Low-Rise Ordinance.' Research from the American Enterprise Institute’s Housing Center suggests legalizing starter home conversions—turning single-family homes into smaller units—could add 13,600 homes annually, generate $9 billion in property tax revenue over a decade, and address affordability and supply issues simultaneously.

President Trump achieved a legislative victory as Congress passed the 21st Century ROAD to Housing Act, a bipartisan bill banning large institutional investors from buying single-family homes and streamlining housing construction processes. The measure, approved with strong Democratic support and Republican opposition from some conservatives, aims to reduce housing costs and expand homebuilding through regulatory reforms and federal incentives.

A bipartisan housing bill, the 21st Century ROAD to Housing Act, is set to be signed by Trump. The bill restricts large investors who own 350 or more homes from purchasing additional single-family properties.

Residents of Altadena expressed outrage at a city council meeting over proposed plans to replace single-family homes destroyed in the Eaton Fire with multi-unit residences.

In April, over 20% of South Florida single-family home listings on Zillow had price cuts, with a median reduction of 3.1%, higher than the national average of 2.7%. Zillow economist Mischa Fisher attributes this to sellers adjusting to a less competitive market and buyers stretching budgets amid lower inventory. Price cuts in the Miami metro area decreased slightly this year compared to 2023.

Elk Grove Village, a Chicago suburb, is introducing a raffle system to sell 20 new single-family homes built by a developer. Buyers must reside in the village and commit to living in the home for five years, with the raffle scheduled for July 18. The initiative aims to address a housing shortage and test a novel approach to home sales.

The House passed legislation imposing a 350-home cap on institutional investor ownership of single-family homes. The End Hedge Fund Control of American Homes Act would impose a 50% excise tax on covered institutional investors' home purchases and require a 10-year phase-down of existing portfolios.