"The Dallas Federal Reserve estimated that there's more unauthorized immigrants leaving the country each month than moving in, which is quite rare through the year. We also tracked policy shifts that restricted legal channels of immigration, reducing the number of folks coming into the country."
"A new $100,000 fee applied to companies filing H-1B applications has led to an 87% drop in applications from a year ago. Immigration fell 82% year-over-year in 2025, the lowest level since the mid-80s."
"A JBRC survey of homebuilders found 41% nationwide with sales and buyer traffic negatively impacted by immigration policy shifts. In Florida, two-thirds of apartment developers reported impacts from immigration enforcement."
"A quarter of agents nationally saw foreign buyers pull back during the spring selling season. It's a big part of the weak spring selling season last year, especially in slower markets like the Northwest, Southwest, and California."
Since the Trump administration, unauthorized immigrants are leaving the U.S. at a higher rate than those entering. A new fee for H-1B applications has caused an 87% drop in applications. Immigration fell 82% year-over-year in 2025, the lowest since the mid-80s. Housing demand is affected, with 41% of homebuilders reporting negative impacts. In Florida, two-thirds of apartment developers noted similar issues. Foreign buyers are also pulling back, particularly in slower markets like the Northwest and Southwest, as domestic net migration slows.
Read at www.housingwire.com
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