Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.
Impact
The analysis produced by this study will include crucial metrics such as the number of homes purchased and sold, as well as the number used as rental properties. Vital information will also be compiled by city and county, alongside appraised values of the homes. By understanding the dynamics of institutional buyers, lawmakers and stakeholders will have better insights into how these entities impact local housing markets, potentially informing future legislation on housing policy.
Summary
House Bill 287 mandates an annual study conducted by the Texas A&M University Texas Real Estate Research Center. This study will focus on the purchase and sale of single-family homes by specific institutional buyers, defined as entities that acquire ten or more single-family homes in a calendar year. The bill aims to gather comprehensive data on the activities of institutional buyers in the real estate market, which has become increasingly relevant due to rising concerns about housing availability and affordability.
Contention
Opponents of the bill may argue that while data collection is necessary, it could lead to overregulation of institutional investors in the real estate market. Some stakeholders might express concerns that increased scrutiny could stifle investment, particularly if the findings suggest that institutional buyers have outsized influence over housing prices or availability. Proponents, however, argue that understanding market trends is crucial for fostering a balanced housing market that serves both individual buyers and institutional interests.
Implementation
The bill outlines the requirement for the Texas A&M University Texas Real Estate Research Center to initiate this study and submit a report annually by June 1st, starting in 2026. This long-term approach is intended to establish a clear understanding of trends over time, allowing for a comprehensive assessment of the impact of institutional buyers on the housing market in Texas.
Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.
Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.
Relating to an annual study by the Texas A&M University Texas Real Estate Research Center of the purchase and sale of single-family homes by certain institutional buyers.
Relating to the Texas Real Estate Research Center, the Real Estate Research Advisory Committee, the Texas Real Estate Commission, and the Texas Appraiser Licensing and Certification Board; increasing a fee; authorizing a fee.
Relating to the Texas Real Estate Research Center, the Real Estate Research Advisory Committee, the Texas Real Estate Commission, and the Texas Appraiser Licensing and Certification Board; increasing a fee; authorizing a fee.
Proposing a constitutional amendment creating a university research fund to support emerging research universities in The University of Texas System or The Texas A&M University System and disqualifying all component institutions of those university systems from receiving money from the national research university fund.
Relating to the administration and investment of, and distribution and use of money from, certain constitutional and statutory funds to support general academic teaching institutions in achieving national prominence as major research universities and driving the state economy; redesignating the national research university fund as the Texas University Fund.
Relating to the creation of a new university in Nacogdoches, Texas, within The University of Texas System and the allocation of the annual constitutional appropriation to certain agencies and institutions of higher education; abolishing Stephen F. Austin State University.
Relating to the creation of a new university in Nacogdoches, Texas, within The University of Texas System and the allocation of the annual constitutional appropriation to certain agencies and institutions of higher education; abolishing Stephen F. Austin State University.
Relating to accountability of institutions of higher education, including educator preparation programs, and online institution resumes for public institutions of higher education.
Revises calculation of student financial need and provides circumstances for reduction of financial aid at institutions of higher education and proprietary institutions.
Revises calculation of student financial need and provides circumstances for reduction of financial aid at institutions of higher education and proprietary institutions.
Revises calculation of student financial need and provides circumstances for reduction of financial aid at institutions of higher education and proprietary institutions.