Tag Archives: austin allison

Pacaso is now offering shares in homes for as little as $130K

By | | Uncategorized
Comments Off on Pacaso is now offering shares in homes for as little as $130K

The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers. Continue reading →

Pacaso, Serena & Lily offer luxury listing along Florida’s ’30A’

By | | Uncategorized
Comments Off on Pacaso, Serena & Lily offer luxury listing along Florida’s ’30A’

Second home solution Pacaso has shares available in a new luxury six-bedroom home along Florida’s sought-after 30A corridor. Continue reading →

Co-ownership trends offer an affordability solution: Pacaso

By | | Uncategorized
Comments Off on Co-ownership trends offer an affordability solution: Pacaso

Second-home solution Pacaso studied 10 of the most active counties in the country for co-ownership and found the trend grew by 21 percent in 2023. The pace of co-owned closings correlates with a rise in Housing Price Index (HPI) in those counties. Continue reading →

Roofstock founder: ‘Take the long view’ on single-family rentals

By | | Uncategorized
Comments Off on Roofstock founder: ‘Take the long view’ on single-family rentals

“We’re encouraging people to think beyond this point of the interest rate cycle,” Roofstock CEO Gary Beasley said at Inman Connect Las Vegas on Wednesday. Continue reading →

Pacaso surging through summer on 2nd-home demand

By | | Uncategorized
Comments Off on Pacaso surging through summer on 2nd-home demand

Co-ownership company Pacaso has rebounded from a slow start to 2023 with a bevy of new luxury-home acquisitions and its fastest ever sell-out: A four-bedroom, four-bathroom home in Cabo San Lucas, Mexico. Continue reading →

Pacaso ventures into New York’s Hudson Valley, joins with NevelHaus

By | | Uncategorized
Comments Off on Pacaso ventures into New York’s Hudson Valley, joins with NevelHaus

Each of NevelHaus’ carriage house designs is infused with modernism, characterized by open floor plans and floor-to-ceiling glass openings, meant for simple living and depicting smart, low-maintenance architecture. Continue reading →

Pacaso slashes 30% of workforce, citing rising rates and home prices

By | | Uncategorized
Comments Off on Pacaso slashes 30% of workforce, citing rising rates and home prices

Pacaso employees impacted by the cuts will be provided severance, healthcare coverage and career help, Pacaso CEO Austin Allison said during an all-hands conference call Tuesday. Continue reading →

Pacaso co-founders: ‘We’re in the early days of exciting new category’

By | | Uncategorized
Comments Off on Pacaso co-founders: ‘We’re in the early days of exciting new category’

Pacaso CEO Austin Allison and Board Chairman Spencer Rascoff spoke to Inman about the emergence of a game-changing second-home model on the eve of its launch into a new market in California. Continue reading →

And now, Cabo. Pacaso heads south for luxury co-living opportunity

By | | Uncategorized
Comments Off on And now, Cabo. Pacaso heads south for luxury co-living opportunity

The company will have two homes available for second homeowners. The first is a modern, hilltop property overlooking the Sea of Cortez on the peninsula’s eastern boundary, in the Puerto Los Cabos community. Continue reading →

London Calling: Shares in Mayfair luxury penthouse now available from Pacaso

By | | Uncategorized
Comments Off on London Calling: Shares in Mayfair luxury penthouse now available from Pacaso

London has become Pacaso’s first UK-based luxury home market, its second in Europe after launching its overseas operation in Marbella, Spain, in late 2021. Continue reading →