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 finding its way back to seasonality, and philanthropic giving and community involvement are at a high. 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

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, according to a January 10 press release sent to Inman.  Continue reading

Vacation home solution Summer weathers autumn with $18M

Vacation home investment and management company Summer is marching through autumn a bit more secure about how they’ll handle winter. The company closed a fundraising round of $18 million. Continue reading

Pacaso to stuff stockings with 2nd-home shares

On Black Friday and the subsequent Cyber Monday annual shopping holidays this year, second home co-ownership solution Pacaso will offer zero percent interest on shares in select homes within its marketplace for the first three years of ownership. Continue reading

Vacation home demand near 7-year low due to costs, employer policies

Mortgage-rate locks on second homes were down 47 percent from their pre-pandemic levels in Aug. 2023 as market factors have made owning a second home more costly and complicated in the last year, Redfin reported. Continue reading

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

How to transform second homes into lucrative short-term rentals

Savvy investors recognize that when your vacation home is empty, it’s just draining your bank account. Here’s how to turn it into a lucrative short-term rental. Continue reading

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. Continue reading