Tag Archives: second homes

Pacaso launches second-home co-ownership in Park City, Utah

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Pacaso, the fast-growing platform facilitating co-ownership in vacation homes, announced its expansion into the ski community of Park City, Utah. Continue reading →

Interest in second homes remains down for third consecutive month

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Many buyers are still considering second-home purchases, but the number was down from last year’s blistering levels. Continue reading →

Pacaso backlash draws on amid latest funding round

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Pacaso’s new cushy pot of cash and investor backing can’t buy away the company’s troubles with some vocal protesters located in Northern California. Continue reading →

Regulators loosen reins on Fannie and Freddie

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It’s been an abrupt about-face for Fannie and Freddie, which under the Trump administration were on a path to privatization. Democrats have put the brakes on those plans, seeing an opportunity to use Fannie and Freddie to provide better access to home … Continue reading →

Pacaso raises $125M with Softbank-led Series C round

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The company’s model allows multiple parties to co-own luxury second-homes in locations such as Lake Tahoe, Aspen, Napa and Malibu. It operates in 25 markets to date. Continue reading →

Demand for second homes drops for second-straight month

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Second-home demand fell 21 percent in July from the previous year, according to a report released Tuesday by tech-powered brokerage Redfin. Continue reading →

Mortgage boom for second homes takes hit amid new lending rules

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New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data. Continue reading →

Second-home startup Pacaso to add markets in North America, Europe

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The company, which offers co-ownership of second homes in 20 U.S. markets, announced plans to expand into Europe, Mexico and Canada. Continue reading →

The future of second-home ownership is bright

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Pacaso co-founder Austin Allison and The Agency CEO Mauricio Umansky talk about the future of second-home ownership as Americans prepare for a new normal. Continue reading →

After buying frenzy, demand for second homes comes down to earth

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New lending restrictions and buyer preferences meant slower growth last month in mortgages for vacation homes and investment properties. Continue reading →