@johngstevens: Wall Street is selling its rental homes. Here’s what that means for buyers. 👇 🏦 WALL STREET SELLING RENTALS — PER CNBC AUG 4: → Per CNBC via MND: “Wall Street is selling more rental homes as buying ban takes effect” → ROAD to Housing Act’s institutional investor restrictions now being implemented → Largest corporate landlords being forced to divest single-family homes → That inventory is now coming to market — available to real buyers → Per Fortune: “How Washington’s war on Wall Street landlords could backfire on Gen Z renters” → The law is working — institutional competition is exiting the market 📉 RATES LOWER TODAY — U.S. IRAN PEACE TALKS: → Per U.S. News August 5: “Today’s Mortgage Rates Edge Lower on U.S.-Iran Peace Talks” → Per Bessent/CNBC via MND Tuesday: deal to open Hormuz with “freedom of movement” could come this week → Per U.S. News: “when conflict comes closer to resolution — rates and bond yields decline” → Per HousingWire: “market got a brief respite this week as rates cooled slightly” → Treasury yields flat Wednesday morning per CNBC via MND — reassessing hike bets 📊 THE ECONOMY — STRONGER THAN EXPECTED: → Per Investing Live via MND Monday: Atlanta Fed GDPNow Q3 revised UP to 6.2% from 5% → Per Investing Live via MND Monday: ISM Manufacturing PMI July 55.6 vs 54.0 estimate — significant beat → Manufacturing expanding faster than expected → Q3 economy tracking significantly above Q2’s 1.5% pace → Strong economy = employed buyers = housing demand foundation intact 🎯 THE WEDNESDAY PICTURE: → Institutional investors forced to sell — inventory entering market for real buyers → Rates easing on Iran diplomacy — the chain running in the right direction → Economy stronger than thought — buyer income foundation solid → Watch for Hormuz deal this week — that is the rate catalyst

JohnGStevens

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Wednesday 05 August 2026 17:59:14 GMT