Vacant 2nd homes could be a lifeline to Los Angeles evacuees

Agents have drawn on all their resources to play “matchmaker” to place people who don’t need to use secondary properties with those who need housing in the area. Results are mixed, but it’s working for some. Continue reading

Pacaso fundraising campaign continues apace despite critique

The campaign’s transparency was questioned following a decision to post “cumulative” financials instead of annualized profits in a pitch sent to investors that drew fire from an industry analyst. Continue reading

Luxury goes global: Paris Olympics, visas and the rise of ‘set-jetting’

From Golden Visa availability to the 2024 Paris Olympic Games and a trend favored by the rich that proves all the world’s a stage, luxury real estate is going international in a big way this summer. Continue reading

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’

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

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

In mortgage and finance, high rates are ‘a little bit of a blessing’

Wednesday’s panel at ICNY 2024 says a high interest rate environment will continue driving innovation in the mortgage and finance sector. Continue reading

Pacaso’s Marnie Blanco on why co-ownership is poised for a big 2024

Pacaso’s senior vice president of industry relations sat down with Inman ahead of Inman Connect New York next week to share the vacation-home platform’s big expansion plans for the new year. Continue reading