The Hawaii Life CEO said after pandemic demand and the Maui fires, inventory has been sparse. But he also said the market is returning to seasonality, and community involvement is at a high
With ⅛ shares available for $840K, the latest opportunity also marks Pacaso's first venture alongside a dedicated homegoods partner
The 2nd-home solution studied 10 of the most active counties for co-ownership and found the trend grew by 21% in 2023, correlating with a rise in the Housing Price Index in those counties
Pacaso has properties in Mexico, the United Kingdom, Spain and now France, as the second home marketplace has acquired its first property in Paris’ 7th arrondissement
Leading the round was QED and Viola Group alongside a $50M debt facility from Setpoint Capital, according to TechCrunch. The company has raised a total of $30M
On Black Friday and Cyber Monday this year, 2nd-home co-ownership solution Pacaso will offer 0% interest on shares in select homes within its marketplace for the first 3 years of ownership
Mortgage-rate locks on second homes were down 47% from pre-pandemic levels in August as market factors have made owning a second home more costly and complicated in the last year
Buyer demand of fully serviced 2nd homes has led the company to pick up a 4th Cabo home, 4 more in America’s mountain-town destinations, and 2 in Southern California, Pacaso said
Savvy investors recognize that when your vacation home is empty, it’s just draining your bank account. Here’s how to turn it into a lucrative short-term rental
Miami Beach officials passed an ordinance that approves co-ownership but requires the presence of a local property manager as well as adherence to a code of conduct, it was announced in April
The co-ownership platform is now offering a 2-year, 10% annualized promissory note backed by luxury real estate with investors receiving quarterly interest payments, according to Pacaso
Joe Gaeta, formerly of Zillow, and Kiki Wanshura, formerly of Pacaso, have joined the lake markets-focused brokerage. Heather Glass, who joined the company in 2020 has also been promoted
Pacaso’s model gives luxury agents something new to offer clients, as well as opens their representation services to buyers who were once shut out of the traditional second-home market
Two of the shops will be located in Morganton and one in Nebo, North Carolina. License partners Steve and Polly Leadbetter will lead all three
'The key takeaway is this,' CEO Mauricio Umansky said of this year's report. 'Housing remains a primary investment for the world’s most affluent citizens and a safe hedge against inflation'