On today’s Hot Sheet, Byron Lazine broke down President Donald Trump’s announcement, reported by BAM, on plans to ban large institutional investors from buying single-family homes, with details expected within two weeks.
He also reviewed key takeaways from the FHA’s Annual Letter to Congress, highlighting an 11.47% capital ratio and an 83.03% first-time buyer share, alongside November JOLTS data showing job openings holding at 7.1 million but down sharply year over year.
To close, he covered the latest U.S. Department of Labor report, with initial claims rising to 208,000 while the 4-week average fell to its lowest level since April 2024 and insured unemployment held steady at 1.2%.
