Senate Advances Measure to Limit Corporate Home Purchases in Wilsonville

New bill aims to give individual buyers a 90-day head start before investment firms can bid on newly listed homes

Published on Mar. 5, 2026

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The Oregon Senate has passed a bipartisan bill that would give individual buyers a 90-day head start before large investment firms can bid on newly listed single-family homes in Wilsonville and across the state. The measure is aimed at easing competition in the tight housing market and slowing the trend of corporate purchases of residential properties.

Why it matters

Wilsonville residents have faced increasing competition from deep-pocketed investment firms when trying to purchase homes, pricing many out of the market. This new bill seeks to level the playing field and prioritize individual homebuyers over large institutional investors.

The details

The bill, which is being advanced by Wilsonville's state senator Courtney Neron Misslin, would require a 90-day waiting period before investment firms and other large buyers can bid on newly listed single-family homes. This is intended to give individual buyers more time to compete for properties before they are snapped up by corporate buyers.

  • The bill has just passed the Oregon Senate with bipartisan support.
  • If signed into law, the 90-day waiting period for corporate buyers would take effect immediately.

The players

Courtney Neron Misslin

The state senator representing Wilsonville, who is helping advance the bill to limit corporate home purchases.

Oregon Senate

The state legislative body that has passed the bipartisan bill aimed at easing competition in Wilsonville's tight housing market.

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What they’re saying

“Wilsonville residents are represented in Salem by Sen. Courtney Neron Misslin, who is helping advance a bill to slow large corporate purchases of single-family homes across Oregon.”

— Patch AM Team, Author (patch.com)

What’s next

If signed into law, the new 90-day waiting period for corporate buyers would take effect immediately, giving individual homebuyers in Wilsonville a better chance at competing for newly listed properties.

The takeaway

This new legislation represents an effort by state lawmakers to address the growing trend of corporate real estate investors pricing out individual homebuyers in tight housing markets like Wilsonville. By giving regular buyers a head start, the bill aims to level the playing field and preserve opportunities for families to purchase homes.