Companies own a quarter of Fort Worth’s single-family homes, city says

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Housing experts say that as more potential buyers come off the sidelines, it will put added pressure on a historically low inventory.

About 75% of single-family homes are owner-occupied. It’s unclear how many commercially owned properties are long or short-term rentals.It's a seller's market for homes in Dallas-Fort Worth, but there are challenges for both buyers and sellers when the market is this hot.for residential growth in DFW. According to a new report, about 26% of single-family residential properties there are owned by companies.

A single-family home was considered commercial or investor-owned by the city if the property does not have a homestead exemption and the owner’s name indicates commercial ownership such as LLC, LTD, INC and Trust.

 

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