HomeToGo

Happy hump day! And we continue to discuss the housing market and mortgages.  There was a 47% drop in mortgage-rate locks (a lock-in fixes an interest rate between the offer and the closing) for second homes in the U.S. in August compared to pre-pandemic levels, according to new data from real estate listing site Redfin. The data underscores […]

Happy Tuesday, folks! Welcome to a brand new week.  For Skift.com this week, I’ve published reporting and analysis on Florida’s short-term rental market (your feedback is welcome and wanted,). The key takeaway: Demand is up, but so is supply, and costs have surged. That’s pressuring revenue and taking a big bite out of profits. Still, […]

German vacation rental marketplace HomeToGo recorded profits on an adjusted basis for the first time in a second quarter, and the company claims that it got there by improving its marketing spend, growing its subscriptions business for partners, and attracting repeat business. Chief Financial Officer Steffen Schneider said the fact that the company offers onsite […]

It’s not very often that I receive pitches that read a short-term rental operator’s portfolio grew 40% in the first half of the year. And so when I learned that limehome added over 1,000 properties to its portfolio this year alone, my eyebrow raised itself.  Here are some numbers: The Munich-based company that operates in […]