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
Far Homes new financing tool helps Mexico seem much closer
The solution will allow users to search within a network of reputable, verified lending sources that can customize mortgage needs accordingly, the company said
by Craig C. Rowe Jul 25
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
Pacaso firms up co-ownership union with HomeServices of America
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
by Craig C. Rowe Feb 15
Pacaso ventures into New York's Hudson Valley, joins with NevelHaus
Each of NevelHaus' carriage house designs are infused with modernism, characterized by open floor plans and floor-to-ceiling glass openings, meant for simple living
by Craig C. Rowe Dec 7
In tug-of-war between New York and Florida, the boss may have final say
Homeowners who fled Manhattan to Florida during the pandemic are responding to pressure from employers to return to offices in New York. Faced with sun and sand, some aren't ready
Ember moves to allow owners to use shares as short-term rentals
Ember Flex represents a shift for the co-ownership startup, which sells one-eighth shares of luxury homes in vacation markets across the West
by Taylor Anderson Aug 25
Natural disasters pose growing risk to vacation-homebuyers
The vast majority of recently purchased vacation homes are exposed to risk from storms and heat. Floods are an increasing concern
by Daniel Houston Jul 5
Demand for vacation homes slips below pre-pandemic levels
Mortgage locks for second homes fell 4% from pre-pandemic levels in May as mortgage rates rose to nearly 6% and the housing market continued to cool, according to data issued Friday by Redfin
by Ben Verde Jun 24
Social media pours salt in Zillow's wounds as homes are swept to sea
Rising sea levels have swallowed multiple homes on the vacation hotspot known as the Outer Banks, including 2 this week. On Twitter, the calamity was used as a cudgel against Zestimates
by Taylor Anderson May 11
It looks like the pandemic vacation-home boom is coming to an end
Demand for vacation homes dropped sharply in March — the second straight month a decline was recorded as mortgages ramped up above 5%, according to an analysis by Redfin on Monday
by Ben Verde Apr 11
Pacaso, Engel & Völkers partner to formalize co-ownership model
The international brokerage, based in Germany, will not be an exclusive listing agent for Pacaso. The union instead formalizes the marketing of Pacaso's available home shares to qualified Engel & Völkers clients
by Craig C. Rowe Mar 31
Seeking an affordable vacation home? Here’s where to look names the top 10 most affordable towns to find a vacation home in today’s unprecedented market
by Taylor Anderson Mar 28