Kate Lynch
As interest rates rose in 2022, so did the cost of purchasing a second home. Naturally, this led to a slow market for second and vacation homes, one that left some ambitious disrupters cutting staff and budgets in the third quarter. However, second homes and vacation homes — especially those in desirable locations — are…
Pacaso, the embattled company that offers fractional ownership of luxury vacation properties, just announced the launch of its Second Home Specialist Certification program right after the company laid off a significant portion of its workforce. Pacaso CEO Austen Allison blamed interest rate hikes on the massive cuts to the company’s staff: In the last few…
Since it came on the scene, Pacaso has courted some amount of controversy. However, that hasn’t kept the second home investment company from growing at a rapid pace. However, this year’s quick growth has practically evaporated as the company, founded by two Zillow alums, has laid off a third of its staff. Of course, Pacaso…
The 26th annual Tahoe Reno Luxury Estates Tour features one legendary property that will excite baseball aficionados — the former estate of Baseball Hall of Famer Ty Cobb. Located on a .87-acre lot on the shores of Lake Tahoe in the town of Glenbrook, Nevada, is the 1938-built cabin-style home built for the baseball legend.…
You’ve likely already heard about Pacaso, the second home-buying startup launched by Zillow vet Spencer Rascoff and dotloop founder Austin Allison that offers fractional ownership and income potential to vacation home buyers. But what if you want to purchase your second home on your own? And what if you don’t want to deal with any of…
