Investors are not major homeowners in Colorado
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A state-ordered examination of investor-owned real estate in Colorado found the dynamic is less prevalent than initially projected.
Why it matters: The nearly two-year inquiry essentially settles a debate at the statehouse about whether corporate housing ownership is making it harder to find affordable housing in Colorado.
Driving the news: A newly released report looked at whether corporate owners are increasing housing prices and foreclosures and decreasing the amount of housing available, particularly for first-time home buyers.
- The task force determined that "current evidence does not justify ownership caps" or new regulations to limit the number of homes one entity can own.
- The vast majority of corporate owners possess fewer than 10 properties. But the task force did identify two unnamed mega-investors that own more than 6,700 homes.
By the numbers: The findings indicate that investors own 3% of the housing inventory in Colorado, below the 3.8% national benchmark.
- A separate analysis by ATTOM, a real estate firm, put the state's rate at 6% in the first quarter of 2025, a steady level compared to 2024.
- The rate of investor-owned homes in the Denver metro area is 7.5% for the same period, a slight increase from 6.8% a year before.
The big picture: National institutional investor sales in the first quarter fell to the lowest since 2020, mirroring a broader housing slowdown.