Todays Bombshell Executive Order Ends Traditional Appraisals.

[keysersosa1]

Too bad you are wrong on all the facts. Immigrants are buying homes, many through our mortgage programs. Corporate buyers own a very small percentage of homes. Inventories are atypically low in large part because so many mortgages are at 3% or so. All the actual numbers are posted throughout the Forum if you want to search and get the true facts. I have no idea what Trump's motivations are, much like you don't.

immigrants are not buying homes-investors and corporations are- some may be foreign investment companies but they are not immigrants. where are you seeing 3% mortgages. You don't need a weatherman to see which way the wind blow- Trump is a criminal moron but his entire life has been in Real Estate investment- the idea that making it easier for investors to buy houses is exactly what any Real Estate investor wants even you should be able to see that

 

[keysersosa1]

immigrants are not buying homes-investors and corporations are- some may be foreign investment companies but they are not immigrants. where are you seeing 3% mortgages. You don't need a weatherman to see which way the wind blow- Trump is a criminal moron but his entire life has been in Real Estate investment- the idea that making it easier for investors to buy houses is exactly what any Real Estate investor wants even you should be able to see that

Corporations and institutional investors, such as Invitation Homes and Blackstone, are purchasing single-family homes, contributing to reduced housing supply and higher home prices. While they own a small percentage of total U.S. housing stock nationally (under 1%), their impact is concentrated in specific markets and emerging "build-to-rent" sectors.

 

[keysersosa1]

Corporations and institutional investors, such as Invitation Homes and Blackstone, are purchasing single-family homes, contributing to reduced housing supply and higher home prices. While they own a small percentage of total U.S. housing stock nationally (under 1%), their impact is concentrated in specific markets and emerging "build-to-rent" sectors.

• Regional Concentration: Investors often focus on specific high-growth areas, like Atlanta, where institutional investors hold a higher share of properties.
• Impact on Prices:Studies indicate that corporate purchases slightly increase home purchase prices
  . A 1% increase in institutional ownership can raise home prices by 1.7%.
  • Build-to-Rent: Corporations are not just buying existing homes, but also constructing new properties specifically to rent them out.
  • Market Share: While some reports suggest investors own a low percentage nationally, other data indicates corporations own nearly 9% of residential land in the US.

 

[Carnivore]

do you really think those immigrants are buying houses? come on get serious- corporations are buying the houses its why they want to buy your time share- we are moving to a pre FDR rental society- corporations and investors are buying the housing stock. It's why there is no inventory -this BS that trump is pulling is just making it easier for him and his cronies to buy houses to rent- its why you see all those "we pay cash for your house" advertisements

I never said rhe immigrants were buying houses, I said the large amount of immigrants are living some where, which puts oressure on he housing inventory.
So they our prolly renting frome someone or some corp,

 

[TerryRohrer]

immigrants are not buying homes-investors and corporations are- some may be foreign investment companies but they are not immigrants. where are you seeing 3% mortgages. You don't need a weatherman to see which way the wind blow- Trump is a criminal moron but his entire life has been in Real Estate investment- the idea that making it easier for investors to buy houses is exactly what any Real Estate investor wants even you should be able to see that

Clearly, emoting is your strong suit. Research and thinking, well, not so much:

A surprising share of homeowners have high mortgage rates. Here's the breakdown

About 20% of borrowers have mortgages with a rate over 6%.

www.cnbc.com

 

[TerryRohrer]

Approximately 3 million undocumented persons own a housing property in the United States, according to a 2024 report by The Center for Migration Studies of New York. This represents roughly 30% of that population, though they are more likely to be renters, especially in their first two years. About 1.3 million undocumented immigrants hold mortgages.
forumtogether.org +1
Key Details Regarding Immigrant Homeownership:

• Ownership Rates: While 30% of undocumented individuals own homes, this is lower than the ~65% homeownership rate for U.S. citizens.
• Mortgage Holders: Around 1.3 million undocumented immigrants have mortgages, meaning their homes would likely be lost if deported, notes The Center for Migration Studies of New York.
• Housing Demand: Since 2010, immigrants have accounted for nearly 40% of new household formation, impacting overall housing demand.
• Increased Demand: Recent data suggests that while immigrant-headed households have increased by 2.4 million since 2021, not all are homeowners.
  forumtogether.org +2

Data on this topic is challenging to determine precisely, with many estimates coming from studies analyzing housing demand and Census Bureau surveys, according to a Congressional Budget Office report and a House Committee on Oversight and Accountability memorandum.

 

[TerryRohrer]

Institutional investors, typically defined as entities owning 100 or more homes, own approximately 1% to 2% of all single-family housing stock in the U.S.. While they own a small percentage of the total (~574,000 to 600,000 homes as of 2022-2024), they own a larger share of the single-family rental market (roughly 3-10%).
Texas 2036 +6
Key Data on Institutional Ownership:

• Total Market Share: Large-scale institutional investors own roughly 2% of the total single-family rental housing stock, according to the U.S. Government Accountability Office (.gov).
• Total Units: Estimates suggest institutional owners with 100+ homes hold around 574,000 to 600,000 single-family homes.
• Concentration: Institutional ownership is highly concentrated, with roughly 80% of these homes located in just 5% of U.S. counties, primarily in Sun Belt metro areas like Atlanta, Phoenix, and Charlotte, according to CNBC.
• Metropolitan Impact: In certain, high-demand areas, institutional investors hold a much higher share, such as roughly 25% of the single-family rental market in Atlanta and 22% in Jacksonville, notes the National Low Income Housing Coalition and Business Insider.
• Owner-Occupied vs. Rental: The vast majority of investors (over 90%) are small investors with 10 or fewer properties, not large institutional entities, according to CNBC.
  CNBC +6

Despite high-profile purchases, institutional activity has slowed since its 2022 peak due to higher interest rates, according to UBS and ResiClub.

 

[djd09]

if they are just going to skip the independent appraiser...why the .... are we taking USPAP

 

[Alsie35]

As I posted on here, way back in 2020-21, when "PAREA" talk was all the rage - the plan was always to parcel out the appraising job and then have PAREA-minted "Appraisal Homunculi Monkeys" sitting in offices hit buttons and sign off on alleged "Appraisals" for peanuts. The advent of more and more tech and AI only added more arrows to their arsenal of tools to exterminate Independent Appraisers and their business model.

 

[djd09]