Last week, the Senate Banking, Housing, and Urban Affairs Committee advanced the Reforming and Optimizing Access to Domestic (ROAD) Housing Act of 2025, the largest housing package introduced since the 2008 housing crisis. ROAD to Housing is comprised of 40 separate provisions, including 27 previously introduced bills, a staggering 23 of which have bipartisan support.
There has been a lot of buzz surrounding the topic of institutional investors, particularly in the last couple of years. In April, NAHREP released a blog that highlighted how investors have been increasingly sweeping up the little housing stock available for first-time homebuyers. Since then we’ve gotten some answers to our burning questions: who are these investors and what are they doing with these properties? New data from CoreLogic answers some of these questions and identifies current trends when it comes to investor purchases of single-family homes.
Over the last week, the NAC Regionals and I have sent text messages, emails and Facebook posts urging our NAC (that’s you!) to participate in our current Call to Action campaigns. You might have seen the call your U.S. Representative campaign about credit overlays, or the email your U.S. Senator campaign, asking them to include our priorities in the next stimulus package.
We are officially HALFWAY through 2020! We need a party for that. Speaking of parties, I want to wish all my beautiful NAHREP familia a happy 4th of July this weekend. While we are all celebrating I implore you to be safe. I read a post on Instagram that said “just because you’re over it, doesn’t mean the virus is over.” I know we’re all frustrated, I know that businesses opening up is making life feel like it’s back to normal, and we so desperately want it to be back to normal. But the reality is, it is not.
For years, at NAHREP we’ve been encouraging our members to invest in real estate and rental properties as a means to build wealth. Lately, a lot of policy conversations have revolved around rental assistance, but with little regard for landlords, who happen to also struggling small business during this pandemic.