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.

Buyers need $7,200 more than in 2022 to afford ‘starter’ homes

The annual paycheck for a first-time homebuyer is roughly $64,500 to afford the typical U.S. "starter" home in 2023 — up 13 percent from a year ago, according to a report from Redfin.

Fed sending US into a ‘category 5 hurricane,’ Barry Sternlicht says

Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. "Nobody wants to sell anything today," he said.

Texas adjusts to growing pains as outside buyers jockey for homes

With an influx of tech and entertainment giants like Tesla and Universal Studios, not to mention a rising tide of millennial buyers, Texas is bursting at the seams as agents rush to find new listings.