Pacaso
If you’re into second or vacation homes — and you are, because that’s why we’re here — then you’ve no doubt encountered the concept of fractional home ownership by now. The idea has gained ground in recent years as two things happened. One of them is an increase in supply — more companies have popped…
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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…
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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…
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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…
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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…
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Aspiring second home owners rejoice! Former CEO and co-founder of Zillow Spencer Rascoff and dotloop founder Austin Allison teamed up to create Pacaso, a startup that wants to make buying a second home easier and more cost-efficient. How does it work? The general idea is that Pacaso utilizes its resources to find your dream house…
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