Friday, Jan. 30, 2026
Are one-quarter of homes in the Las Vegas metro area investor-owned?
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.
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.
About fact briefs
Fact briefs are bite-sized, well-sourced explanations that offer clear "yes" or "no" answers to questions, confusions, and unsupported claims circulating online. They rely on publicly available data and documents, often from the original source. Fact briefs are written and published by newsrooms in the Gigafact network.
See all fact briefs
The Nevada Independent is a nonpartisan, nonprofit news and opinion website founded in 2017 by veteran political journalist and commentator Jon Ralston. The site and its supporting channels are focused on ethical, unbiased and transparent journalism. In general, we aim to gather and disseminate important public information and increase civic engagement. We are supported by corporate donations, memberships, event ticket sales and sponsorships and foundation grants. We disclose all our members and donors. Donors have no influence over our content, ever. The Nevada Independent is the dba for Nevada News Bureau, Inc., a 501(c)3 nonprofit founded in 2010 by Elizabeth Thompson, who now serves as one of The Nevada Independent's managing directors and its Editor.
Learn MoreLatest Fact Briefs
Are hidden resort fees illegal in Nevada?
Saturday, Jan. 24, 2026
Did youth sports get more expensive between 2018 and 2024?
Friday, Jan. 16, 2026
Is Nevada’s adult obesity rate lower than the national average?
Wednesday, Jan. 14, 2026