Big SFR investors begin selling as new ban takes effect

New housing legislation barring institutional investors with 350+ homes from buying more single-family rentals has prompted a surge in for-sale listings, with Parcl Labs data showing listings nearly doubling since February to 9,447 homes worth about $3.1 billion. Major landlords like Invitation Homes, AMH, and Progress Residential are net sellers, shifting toward build-to-rent and other exemptions; markdowns are common in investor-listed homes, and the market is watching whether dispositions accelerate in the coming weeks.