{
  "name": "Published institutional home-buyer definitions and Texas metro figures",
  "version": "2026-08-25",
  "published_by": "Provenial LLC",
  "description": "A citation-preserving compilation of public figures already presented in Provenial's institutional home-buyer guide. It contains no Provenial property records, MLS data, transaction-level data, or underwriting methods.",
  "usage_note": "Each record preserves its source, publication date, geography, observation period, and source-specific definition. This compilation does not replace or relicense the source publications. Consult the linked source before reuse.",
  "records": [
    {
      "record_id": "gao_institutional_definition",
      "record_type": "definition",
      "source_name": "U.S. Government Accountability Office",
      "source_publication_date": "2026-03-24",
      "source_url": "https://www.gao.gov/products/gao-26-108675",
      "geography": "United States",
      "observation_period": "2018-2024",
      "metric": "institutional_investor_minimum_owned_homes",
      "comparison_operator": ">=",
      "value": 5000,
      "unit": "homes",
      "definition_or_scope": "5,000 or more single-family homes nationwide and homes in at least five metro areas",
      "source_note": "GAO used this definition for its analysis of six selected metro areas."
    },
    {
      "record_id": "urban_capture_cutoff",
      "record_type": "definition",
      "source_name": "Urban Institute",
      "source_publication_date": "2023-04-13",
      "source_url": "https://www.urban.org/research/publication/profile-institutional-investor-owned-single-family-rental-properties",
      "geography": "United States",
      "observation_period": "2023",
      "metric": "institutional_investor_capture_cutoff",
      "comparison_operator": "described_as",
      "value": 100,
      "unit": "properties",
      "definition_or_scope": "Description corrected from 25 properties to 100 properties",
      "source_note": "Urban reported that it captured virtually no investors with up to 100 properties and did not fully capture investors with 101 to 1,000 properties."
    },
    {
      "record_id": "realtor_institutional_definition",
      "record_type": "definition",
      "source_name": "Realtor.com Research",
      "source_publication_date": "2026-03-13",
      "source_url": "https://www.realtor.com/research/corporate-investors-march-2026/",
      "geography": "United States",
      "observation_period": "2015-2025",
      "metric": "institutional_investor_purchase_threshold",
      "comparison_operator": ">",
      "value": 350,
      "unit": "purchases",
      "definition_or_scope": "More than 350 single-family purchases between 2015 and 2025",
      "source_note": "The source table labels this category 350+. Preserve the source definition when comparing figures."
    },
    {
      "record_id": "realtor_dfw_purchases",
      "record_type": "metro_measure",
      "source_name": "Realtor.com Research",
      "source_publication_date": "2026-03-13",
      "source_url": "https://www.realtor.com/research/corporate-investors-march-2026/",
      "geography": "Dallas-Fort Worth-Arlington, TX",
      "observation_period": "2015-2025",
      "metric": "institutional_single_family_purchases",
      "comparison_operator": "=",
      "value": 65579,
      "unit": "purchases",
      "definition_or_scope": "Institutional category defined by the source as more than 350 single-family purchases between 2015 and 2025",
      "source_note": "The source reports a 3.6% institutional share of all single-family purchases for the period."
    },
    {
      "record_id": "realtor_houston_purchases",
      "record_type": "metro_measure",
      "source_name": "Realtor.com Research",
      "source_publication_date": "2026-03-13",
      "source_url": "https://www.realtor.com/research/corporate-investors-march-2026/",
      "geography": "Houston-Pasadena-The Woodlands, TX",
      "observation_period": "2015-2025",
      "metric": "institutional_single_family_purchases",
      "comparison_operator": "=",
      "value": 41870,
      "unit": "purchases",
      "definition_or_scope": "Institutional category defined by the source as more than 350 single-family purchases between 2015 and 2025",
      "source_note": "The source reports a 2.7% institutional share of all single-family purchases for the period."
    }
  ]
}
