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SR 13

DIRECTING THE DEPARTMENT OF FINANCE TO PREPARE A REPORT ON ENTITIES BUYING DELAWARE’S HOUSING STOCK.

153rd General Assembly (2025-2026) Introduced by Russ Huxtable and 5 co-sponsors

Delaware directs its finance department to report on which entities are buying residential properties to assess investor impact on housing affordability.

Passed By Senate. Votes: 21 YES
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WeVote Research Nonpartisan
Bill Summary · SR 13

Legislative bill overview

SR 13 directs Delaware's Department of Finance to prepare a comprehensive report on entities purchasing residential properties in the state, including data on institutional investors, corporations, and other non-individual buyers. The report would document acquisition patterns, pricing trends, and the impact of these purchases on housing availability and affordability. This is a fact-finding resolution rather than a law that restricts or regulates purchasing activity.

Why is this important

Housing affordability is a critical issue nationwide, with institutional investors and corporate entities increasingly buying residential properties, potentially reducing owner-occupied homes and raising rents. Delaware, like many states, has experienced rising housing costs and concerns about investor dominance in the market. This report would provide policymakers with data needed to understand whether Delaware faces similar trends and whether future regulatory action is warranted.

Potential points of contention

  • Data collection scope and privacy: Questions about what entity information will be disclosed and whether confidential business records or personal information of property owners could be exposed
  • Implementation costs and timeline: Uncertainty about the Department of Finance's resources to compile comprehensive data from various property records across all Delaware counties
  • Implications for future regulation: Some may view this as groundwork for restrictive legislation targeting investors, while others see it as necessary information before any policy decisions are made

Compiled from official sources — confirm details with the bill’s official record.

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