Second-home buyer’s remorse: 6 tips for prevention
Keeping clients fully informed and helping them to think ahead about the logistics and financial implications can create more positive feelings and better outcomes, Jonathan Pressman writes
Austin Allison and Pacaso are coming for the masses
The Pacaso CEO peels back the curtain on his company’s evolution to a new chapter as it buys more houses in more markets at lower prices
by Taylor Anderson Jul 15
Demand for vacation homes plummeted in 2023
United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40% fewer than they did in 2022
by Ben Verde May 13
Matt Beall: Hawaii's market is 'extraordinarily strained'
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
Pacaso, Serena & Lily offer luxury listing along Florida's '30A'
With ⅛ shares available for $840K, the latest opportunity also marks Pacaso's first venture alongside a dedicated homegoods partner
by Craig C. Rowe Mar 7
Co-ownership trends offer an affordability solution: Pacaso
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
by Craig C. Rowe Feb 14
Pacaso chooses Paris as its 4th international destination
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
by Craig C. Rowe Jan 10
Vacation home solution Summer weathers autumn with $18M
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
by Craig C. Rowe Nov 13
Pacaso to stuff stockings with 2nd-home shares
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
by Craig C. Rowe Oct 20
Vacation home demand near 7-year low due to costs, employer policies
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
by Lillian Dickerson Sep 14
Pacaso surging through summer on 2nd-home demand
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
by Craig C. Rowe Jul 28
How to transform 2nd homes into lucrative short-term rentals
Savvy investors recognize that when your vacation home is empty, it’s just draining your bank account. Luke Babich shares strategies to turn it into a lucrative short-term rental
by Luke Babich Jul 18
Miami Beach formally recognizes Pacaso's co-ownership model
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
by Craig C. Rowe May 9
Pacaso launches luxury home fund for accredited real estate investors
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
by Craig C. Rowe Apr 25
Lake Homes Realty relocates headquarters amid exec shuffle
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
by Lillian Dickerson Apr 11