For Houston mother-of-two Raysall Wiggins, President Donald Trump‘s crackdown on institutional homebuyers is a deeply personal victory after she was outbid 20 times by investors during a grueling two-year search for her first home.
“I had to go through hell and high water, and I don’t feel like for the average American, they should have to go through all that,” Wiggins tells Realtor.com®.
Although a new report from Realtor.com shows that corporate buying activity has a shrinking footprint, accounting for just 1% of all single-family home purchases nationwide and is deeply clustered, large-scale investors’ presence can feel overwhelming in specific neighborhoods as they compete with individual home shoppers like Wiggins…