Insight
54% of institutional investor-owned listings currently have price reductions, with average markdowns widening from 3.1% to 4% of asking price since early May.
Investors list more homes after ROAD to Housing Act, but impact may stay local
Summary
Institutional investors are listing more single-family rental homes after the ROAD to Housing Act, but national impact may be limited. Data shows a doubling of listings, but effects are expected to be localized in markets with high investor density.
Key takeaway