Texas lawmakers saw single-family home-investor tussle before and did nothing

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Texas lawmakers have considered legislating against investors in the single-family housing market before, and it didn't make it far. Will it have stronger...

According to a recent analysis by the real estate and rental platform Zillow Group Inc, the income needed to comfortably afford a home in Dallas is up by $53,679 since January 2020 in the region's crowded homebuying space.in Dallas-Fort Worth and across Texas, with a combination of interest rates, in-migration and more blamed for the unwieldy price surge.

Hinojosa’s second bill, H.B. 1057, would prohibit investment firms from making offers on single-family homes until they had been on the market for at least 30 days.

 

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