FACT BRIEFAre one-quarter of homes in the Las Vegas metro area investor-owned?
Yes.
As of October 2025, corporate investors own approximately one-quarter of the homes in the Las Vegas metropolitan area, according to real estate data company BatchData.
Las Vegas ranks second nationwide for its share of investor-owned homes. Reno is also in the top 10.
In January, President Donald Trump signed an executive order to stop corporate investors from buying up single-family homes. He criticized them for “crowding out families seeking to buy homes.”
BatchData describes this argument as a misconception, stating that investors tend not to compete against traditional homebuyers and generally purchase fewer than 11 properties.
Nevada Gov. Joe Lombardo, a Republican, blocked attempts to cap corporate homeownership in 2023 and 2025. A bipartisan group of state lawmakers supported a bill limiting corporate home purchases to 1,000 units in total, but it died in the Legislature in November 2025.
This fact brief is responsive to conversations such as this one.
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Sources
- BatchData, Q3 2025 Investor Pulse Report.
- President Donald Trump, post on TruthSocial, Jan. 7, 2026.
- Executive order by President Donald Trump, “Stopping Wall Street from Competing with Main Street Homebuyers,” Jan. 20, 2026.
- Gov. Joe Lombardo, veto message concerning Senate Bill 395 of the 82nd Legislative Session, June 16, 2023.
- Nevada Current, “At Lombardo’s request, Hansen ‘reluctantly’ blocks bill to rein in runaway corporate home ownership,” May 28, 2025.
- The Nevada Independent, “Advocates called Nevada corporate homebuying cap a ‘glimmer of hope.’ Here’s how it died,” Dec. 21, 2025.
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