Spencer Rascoff: Housing demand 'has fallen off a cliff'
The former Zillow CEO said the rising cost of mortgages has cooled demand for homes, adding that he hopes in 2023 the Fed will be able to stop raising interest rates
by Jim Dalrymple II Jul 26
And now, Cabo. Pacaso heads south for luxury co-living opportunity
The company will have 2 homes available for 2nd homeowners. The 1st is a modern, hilltop property overlooking the Sea of Cortez on the peninsula's eastern boundary in Puerto Los Cabos
by Craig C. Rowe Jul 14
Bezos-backed Arrived Homes glitches again as 6 sell in 8 minutes
During the latest release of six rental properties, high demand from investors caused problems. But homes valued at more than $1.7 million sold in minutes
by Taylor Anderson May 20
Offerpad stays profitable for second quarter in a row
The iBuyer earned about $41M in profit during the first 3 months of 2022, beating the results of its also-profitable run at the end of 2021, according to an Q1 earnings call on Wednesday
by Jim Dalrymple II May 4
CoStar eyes 'ambitious' investment in residential following banner Q1
The commercial behemoth is ramping up spending by as much as $220M, with 'well over' 1,000 people overhauling its residential websites, CoStar CEO Andy Florance said during earnings call
by Matt Carter Apr 29
Inman Connect returns: Big parties, tech's reckoning and a Zillow pile-on
The informative and, at times, raucous event wrapped up this week after a two-year, pandemic-forced hiatus — and highlighted all the ways the real estate industry is still evolving
by Jim Dalrymple II Apr 25
Former Zillow CEO Spencer Rascoff says CoStar is 'rooting for chaos'
The CEO-turned-proptech investor warns a government probe into cooperative compensation between agents could be a 'black swan' event that benefits CoStar
by Taylor Anderson Apr 19
London Calling: Shares in Mayfair luxury penthouse now available from Pacaso
"On the British Monopoly board, the two most desirable and expensive spots are 'Park Lane' and 'Mayfair.' This stunning Mayfair penthouse duplex apartment will demonstrate exactly why it’s up there right at the top." - Pacaso
by Craig C. Rowe Mar 25
Pacaso enters Arizona with first home in mountainous Cave Creek
The platform has acquired its first luxury property in Arizona, a 4-bedroom, 4-and-a-half-bathroom home in Cave Creek, a popular desert resort community north of Scottsdale
by Craig C. Rowe Mar 16
Pacaso to offer VIP access to luxury homes before they go public
Aspiring buyers can now view new listings 24 hours in advance of when they're made available to the public, according to an announcement from the second-homeownership platform on Wednesday
by Craig C. Rowe Mar 10
Spencer Rascoff is bullish on iBuying. Here’s why
Ahead of Inman Connect New York, the former Zillow CEO and 'serial entrepreneur' spoke about how he leads teams, the value of Pacaso and why he's sticking with iBuyers
by Taylor Anderson Mar 8
Second-home platform Pacaso enters island time with Maui buy
Pacaso is making available 1/2 to 1/4 shares of the Maui home, which will be operated by a team of local service providers
by Craig C. Rowe Mar 2
What to watch for in Zillow's first post-iBuyer earnings report
Zillow's last earnings report included news that the Zillow Offers iBuyer program would shut down. Three months later, observers are waiting for the next pivot
by Jim Dalrymple II Feb 10
The housing market is hot, so why isn't proptech?
Opinion
Stock prices for a new wave of publicly traded real estate companies have declined dramatically, starting with Zillow's stumble. What went wrong and what does it mean for innovation? 
by Brad Inman Feb 8
Central Oregon's outdoorsy hotspot Bend is Pacaso's latest market
Pacaso has been targeting popular outdoor-minded luxury markets in the US over the past year. It has homes in Jackson Hole, Aspen, Park City and Lake Tahoe. And now, Bend, Oregon
by Craig C. Rowe Jan 19