7 types of ownership in real estate: Which is best for you?

Say you've been planning the ultimate luxury vacation for a couple of years. You've got your list of dream destinations, top-notch resorts, and must-try experiences all lined up. But just as you're about to book, you discover some places have become overcrowded, while hidden gems have emerged elsewhere. Suddenly, your itinerary needs a revamp.  The luxury real estate market isn't much different. Economic shifts, evolving consumer tastes, and technological innovations continually reshape the landscape. In this guide, we’ll walk you through the top luxury real estate trends of 2025 so you can create a strategy that leads to 1. Smaller homes are becoming more luxurious Smaller homes continue to gain popularity among luxury buyers in 2025, and it's not just about saving money — it's a lifestyle choice. Recent data from the Affluent buyers are prioritizing convenience and financial flexibility, seeking homes that require less maintenance without sacrificing those high-end finishes we all love. Many buyers are choosing smaller homes because they're easier to purchase with cash, avoiding mortgage debt and those pesky rising interest rates. Why smaller luxury homes work: 2. The luxury market is stabilizing as inventory rises and price growth cools After years of soaring prices and fierce competition, the luxury housing market is shifting toward a more balanced state in 2025. The extreme ups and downs we've seen in previous years are leveling off as more high-end properties become available. This increase in supply is giving buyers more options and cooling down the frenzy that once drove those intense bidding wars. In some areas, luxury home prices are even seeing slight declines — a welcome change for buyers. While demand for luxury properties isn't disappearing, the days of skyrocketing prices and bare-bones inventory seem to be behind us, pointing to more stable 3. The luxury real estate market is becoming more globalized Market trends in “Texas is seeing steady growth, especially in cities that offer business opportunities without the tax burdens of other states. At the same time, international luxury markets are evolving. A study by 4. Luxury price growth is slowing while select markets experience corrections Luxury home prices in the U.S. continue to rise, but the pace of growth is slowing. According to Redfin, the Some markets are still seeing impressive gains, such as: However, signs of correction are emerging in select cities, like:  This suggests a potential shift in the New listings in the luxury market have surged in several key areas, giving buyers more choices and taking the pressure off prices. Providence, RI (31.5%), Miami (28.1%) and Tampa, FL (27.6%) saw the biggest jumps in new luxury home listings.  Meanwhile, the pace of sales varies dramatically — on average, luxury homes in Seattle sold in just six days, while Miami's high-end properties lingered for 114 days. These luxury real estate market trends highlight how the high-end housing sector is evolving, with some cities still seeing rapid growth while others are cooling down or making slight adjustments. 5. Cash is king, but financing is gaining traction in the luxury market While cash has traditionally dominated luxury real estate transactions, financing is making a comeback as interest rates begin to descend.  Though interest rates remain higher than pre-pandemic levels, their gradual decline opens financing options for luxury buyers. Many wealthy individuals still prefer cash purchases to avoid borrowing costs, but others are dipping their toes back into the mortgage market as rates become more attractive. Beyond traditional mortgages, savvy buyers are getting creative with margin loans, stock portfolio loans and private banking credit lines to fund their purchases. Cash remains a powerful advantage in competitive markets where bidding wars still happen.  However, as borrowing costs continue to fall, experts predict more luxury buyers will incorporate financing into their strategies. This shift reflects a broader normalization in the 6. Luxury buyers are adapting to evolving interest rates With This hesitation creates a more balanced market, forcing sellers to adjust their expectations. As overpriced homes sit longer, buyers are holding out for better deals, potentially leading to win-win negotiations for both parties. Despite the challenging economic environment, cash-rich buyers remain active in the Dahlia Fox, a real estate agent with The luxury real estate market in 2025 is likely to see more price adjustments as everyone adapts to the new financial reality. 7. Luxury second-home market and co-ownership is booming Even with economic challenges, the demand for luxury Real estate expert and Platforms like Pacaso, where families can purchase fractional ownership of a luxury home with maintenance handled, are gaining popularity. This trend in the luxury home market makes owning that 8. Investors are expanding their portfolios with high-end real estate Despite economic shifts, luxury real estate remains a stable and attractive asset. Investors are particularly eyeing Thomas Franklin, Founder and CEO at This shift toward managed asset pools lets investors spread their capital across multiple luxury properties, enjoying both flexibility and access to global markets while minimizing risk — a trend that's reshaping luxury real estate market trends in 2025. 9. Smart homes are becoming essential rather than a luxury feature According to Rachel Stringer, "Technology is built into every part of high-end real estate now. Homes that aren't equipped with automation, security and seamless integration of smart features feel outdated before they even hit the market."  With AI, IoT and big data working together, these smart systems are completely transforming how luxury homes operate, delivering next-level comfort and efficiency that today's discerning buyers demand. These luxury home trends are rapidly becoming the new standard rather than exceptional features. 10. Luxury buyers are prioritizing sustainability Sustainability is becoming a top priority for luxury buyers in 2025, with a growing emphasis on energy efficiency, eco-friendly materials and green spaces. As climate awareness rises and government regulations tighten, we're seeing a notable shift toward sustainable Rachel Stringer puts it perfectly: "The conversation about sustainability has also shifted. It's not about marketing a home as eco-friendly for show — it's about efficiency. Solar panels, energy storage, water recycling and passive design are becoming standard because they lower long-term costs and increase self-sufficiency."  Investing in green properties with 11. Luxury home buyers are prioritizing resiliency features Luxury home buyers are increasingly looking for properties that can weather natural disasters — literally. In regions prone to hurricanes, wildfires and flooding — like California, New Orleans and Florida — buyers want more than just beautiful homes. They want properties with features that ensure their investments remain safe and functional no matter what Mother Nature throws their way. These features include: Nathan Mathews, CEO of 12. Gen-X and Millennials will influence the market Millennials and Gen-Xers are reshaping the luxury real estate market. Affluent millennials gravitate toward homes featuring cutting-edge technology, sustainability and energy efficiency, viewing real estate as a lifestyle statement and a financial investment. Their preference for urban properties or resort homes with income potential drives demand for smart, sustainable luxury properties across the market. Gen X buyers, now in their prime earning years, are focusing on long-term asset diversification. With wealth inherited from baby boomers, they're seeking homes with premium amenities, enduring value and stability for future generations. As  Rachel Stringer notes, "Millennials and Gen X prioritize functionality, privacy and convenience. They want spaces designed for how they actually live — integrated wellness features, easy-to-maintain outdoor areas and turnkey properties." These generations are significantly influencing luxury real estate trends with their distinct preferences and priorities. Luxury real estate made easy with Pacaso The luxury real estate market is always evolving, and 2025 promises to bring new opportunities and challenges for prospective buyers. Whether you're looking for a primary residence or a To stay ahead of the latest luxury real estate market trends and discover exclusive high-end listings, Pacaso can help you cross the finish line on your vacation home ownership journey (or even help you figure out how to

There are so many ways to vacation: the consistency of a hotel, the extra space in a vacation rental, the structure of a What is a luxury vacation club?  A vacation club is a membership-based program that gives participants access to thousands of hotels, rental vacation homes and travel experiences. Luxury vacation clubs take these offerings to the next level, with an exclusive, curated collection of Many large hotel chains — Hilton, Marriott, Hyatt and Wyndham, for example — have travel clubs designed around their own collection of hotels and resorts. However, the most exclusive, high-end vacation clubs operate independently of a single hotel brand, offering their members a wide range of options.  How do luxury vacation clubs work?  While each luxury vacation club has its nuances, they typically operate with the same general model. Members usually pay a one-time initiation fee to join. Costs can range from a few thousand to much more, depending on how exclusive the club you join is. Then, you’ll pay annual dues, with prices fluctuating based on how much you want to travel each year.  In exchange for your investment, you have access to a wide range of accommodations and experiences, many with better perks, lower per-night costs and more options than you’d find if you booked on your own. Some offer a rewards program based on your spend.  The most exclusive travel clubs — among them What are the most popular luxury vacation clubs? Vacation clubs are available at a wide variety of price points, but in the luxury space, there are a handful of clubs that lead the pack among jet-setters.  Inspirato Inspirato boasts a portfolio of high-end homes, hotels and experiences in the most sought-after vacation destinations. Service is Inspirato’s hallmark, including travel planning, an on-site concierge, daily housekeeping and more. A rewards program provides extra discounts, early access to special events and complementary guest passes, depending on how much you spend each year.  Inspirato offers two tiers of membership: Inspirato Club and Inspirato Pass. Inspirato Club, a traditional vacation club membership model, lets you choose between a monthly or annual membership, both of which will set you back $7,800 per year. The monthly membership is more flexible, allowing new members to try out an Inspirato membership without a large upfront investment, but the monthly membership does require a $650 enrollment fee. The Inspirato Pass is a more flexible, monthly subscription model. For $2,550 per month, members can book Pass Trips from a list of over 1.5 million options, with nightly rates, taxes and fees included. There are limits to how many trips you can have reserved at a time. Exclusive Resorts  If Inspirato is a luxury vacation club, Exclusive Resorts is an ultra-exclusive vacation club. Their 4,000 members have access to 400 exquisite homes and expansive experiences in 75 global destinations. Most of the homes are owned by Exclusive Resorts, which allows for a consistently high level of service and amenities. Members enjoy the services of a travel planner before each trip, plus a dedicated concierge at the destination.  Exclusive Resorts invites only about 200 new members each year. Members pay a $195,000 initiation fee for a 10-year plan, plus $42,250 each year for 25 travel days. Solstice Collection Solstice Collection offers a more intimate luxury club experience, with far fewer properties but a promise of better availability. There’s a 6:1 ratio of homes to members, making it easier to book and enjoy time at the home you want. All of the homes in their portfolio are in the multi-million-dollar range and they include a sunny hillside estate in Cabo San Lucas, a historic palace in Florence and a private beach oasis in Koh Samui.  The costs of Solstice Collection membership include a one-time initiation fee of $15,000, plus annual dues ranging from $49,000 to well over $100,000, depending on how many nights you’d like to travel.  What’s the difference between a vacation club and a timeshare? While both In terms of financial investment, both timeshares and vacation clubs require an upfront payment and ongoing dues. However, timeshare owners often get saddled with maintenance fees, taxes and special assessments. And timeshares can be notoriously difficult to resell. How is Pacaso different? Luxury vacation clubs offer access to incredible properties around the world. So does Pacaso, with one major difference: You own your second home.  Pacaso uses an innovative With homes available from

Looking for the perfect place to unplug with your family? Look no further — we’ve curated a list of the 45 best family vacation spots in the U.S. From waterside destinations to urban jungles, browse our list of Best family vacation spots on the water It’s hard to beat a vacation as relaxing as lounging at a To that end, the best family vacation spots on the water all have excellent shoreline access along with a variety of family-friendly activities. 1. San Diego, California San Diego is known for its amazing year-round weather, consistently putting it near the top of the list for vacation ideas. Take advantage of the temperate climate by filling your days with outdoor activities. Visit Balboa Park is home to 17 museums and performing arts venues, multiple gardens perfect for picnics and the the world-renowned 2. Branson, Missouri Billed itself as the live entertainment capital of the world, Branson is packed with options, from comedy and music to magic and dance performances.  Visit the 1880s theme park 3. Outer Banks, North Carolina If you’re looking for a good mix of simplicity and entertainment in your family vacation destination, you’ll find it in the Outer Banks of Although the beaches are the primary attraction, there are plenty of other activities to explore. With four locations, the 4. Orlando, Florida Orlando stands out as one of the top family vacation spots, offering an enchanting blend of world-class attractions and magical experiences for visitors of all ages. At the heart of Orlando's allure is With iconic theme parks like Magic Kingdom, Epcot, Disney's Hollywood Studios and Disney's Animal Kingdom, families can immerse themselves in a captivating world of beloved characters, thrilling rides and enchanting performances. 5. Cape Cod, Massachusetts Beyond the beaches, historic towns such as Provincetown, Chatham and Hyannis exude charm with their cobblestone streets, art galleries and  seafood restaurants. Families can embark on whale-watching excursions from Provincetown, explore the Cape Cod Maritime Museum in Hyannis or take a scenic bike ride along the Cape Cod Rail Trail. 6. Destin, Florida For a break from the beach, families can explore the 7. Gulf Shores, Alabama Gulf State Park, with its miles of trails, a fishing pier and a golf course, offers a diverse range of outdoor activities for families looking to explore the area's natural beauty. The area is not just about beaches; it's also a haven for wildlife enthusiasts. Families can visit the dunes and shoreline of 8. Myrtle Beach, South Carolina Myrtle Beach is renowned for its family-friendly atmosphere, with numerous resorts and hotels catering to their needs. The iconic For those seeking a break from the beach, Broadway at the Beach offers an entertainment complex with attractions like 9. Miami Beach, Florida If your family gets their fill of sand, check out the eco theme park 10. Hilton Head Island, South Carolina Kids of all ages can experience the fun of 11. Maui, Hawai’i Whether you are looking for adventure or relaxation, Just because you’ll be on an island does not mean there aren’t options for a road trip. 12. Mackinac Island, Michigan Mackinac Island is stubbornly resistant to change, and that’s exactly what makes it one of the top places to go on vacation from late spring to late fall. This small island off the tip of Northern Michigan boasts no cars and no chain hotels, but being small doesn’t mean there’s not a lot to enjoy.  Access the island by ferry and travel around by foot, bicycle or horse-drawn carriage. Stay at the historic 13. Wisconsin Dells, Wisconsin This central Wisconsin city offers plenty of thrills for all ages — indoors and out. Book a stay in a resort with an attached waterpark for added convenience, or visit the largest outdoor waterpark in the country at After your fingers have pruned, take a river tour on the amphibious WWII Duck boats or enjoy an amazing water skiing show. Don’t forget to stay energized with a hearty all-you-can-eat breakfast at 14. Lake Tahoe, California Sometimes overshadowed by its winter mountain activities, For a more leisurely excursion, spend your day on the lake and appreciate its stunning blue water. Rent a boat, kayak or paddleboard for different activity levels and experience. You’ll also have the option to take the whole family into the air with a hot air balloon ride over the lake.  15. Sandusky, Ohio Sandusky is synonymous with its main attraction — If your family members aren’t crazy about roller coasters, it doesn’t mean they’ll have a lack of activities to enjoy while in Sandusky. There is also the option to go on a Lake Erie cruise, visit the merry-go-round museum or spend the day at one of Sandusky’s waterparks. 16. Finger Lakes, New York The Finger Lakes are known for pristine landscapes that afford visitors all the water activities one could hope for. The area is surrounded by multiple state parks with dozens of waterfalls. Many are accessible by trails that are easy to walk with your family. Outside of its own water and amusement parks, the Finger Lakes also has several museums that will keep your kids entertained. 17. Chicago, Illinois  The third-largest city in the United States is a hard spot to overlook when considering the best family vacation spots. With Chicago’s size comes many options for entertainment, including on its waterfront. It offers ample beaches along Lake Michigan and multiple river tours to learn about the city’s history.  Best family vacation spots in the desert If you want to avoid crowded beach towns while still getting as much sun as possible, the desert might be up your family’s alley. Deserts feature wide-open spaces, picturesque photo opportunities and loads of outdoor activities. Just be sure to include plenty of sun protection on your packing list. 18. Sedona, Arizona The best family vacation spots provide experiences that can’t be replicated anywhere else, and Aside from its natural beauty, Sedona also features the 19. Albuquerque, New Mexico Every October, hundreds of hot air balloons gather in Albuquerque for its Albuquerque’s passion for dancing and food is always center stage. Dine on classic New Mexican cuisine and discover your preference for green or red chiles. Attend a flamenco show or, better yet, take a flamenco workshop. Be sure to stop by the 20. Glen Rose, Texas We can’t mention dinosaurs without including Glen Rose in the list. This small town is home to At 21. Grand Canyon, Arizona The Securing accommodations around the canyon is highly competitive. Make reservations more than a year in advance for camping and waterfall excursions. 22. Joshua Tree National Park, California Camping within the park is possible with a reservation, but there are also campsites nearby that are quality options. Stargazing in the middle of the desert is an experience your kids will never forget — especially if they are only familiar with bright city skies. 23. Scottsdale, Arizona Scottsdale’s Old Town district is home to a number of art galleries. For the Thursday night 24. Palm Springs, California Architecture enthusiasts will have their fill in Unlike some other desert locations on this list, 25. Moab, Utah If any family members are in their dinosaur phase, Moab is one of the must-visit places to travel with kids. After you’ve explored on your own, jump into a Hummer for an offroad tour of Moab’s awe-inspiring backcountry. Or enjoy the thrill of Erafting through a canyon on the Colorado River.  26. Big Bend National Park, Texas Whether you’re seeking adventure or relaxation, Give your children the opportunity to experience ancient plant and animal life in Big Bend’s own fossil discovery exhibit. After you’ve quenched your thirst for adventure, dip in Big Bend’s hot springs. The water is naturally 105 degrees Fahrenheit and has long been considered therapeutic.  27. Santa Fe, New Mexico Santa Fe is brimming with culture and activities, making it one of the best family vacation spots. Spend the day at the Fans of the psychedelic will love the child-friendly interactive art installation Best family vacation spots in the mountains  Some best family vacation destinations are in the mountains, offering unique activities for every season. While many people love the mountains for their winter ski resorts, the rest of the year offers new opportunities to connect with the terrain.  28. Jackson Hole, Wyoming  But there are 29. Black Hills, South Dakota The The Badlands are a sight to behold, consisting of 244,000 acres of rugged spires and mixed-grass prairie. Visit 30. White Mountains, New Hampshire The In the winter, check out one of many ski resorts and visit the 31. Yellowstone National Park, Wyoming The park offers over 1,000 miles of backcountry trails and bears, bison, wolves and elk all roam freely. Bird watchers can see more than 300 species of birds.  32. Yosemite National Park, California Yosemite has an abundance of waterfalls to explore, including some with paved trails for easy access. Horseback riding provides another option to hit the trails.  — and you can watch the leaves change if you make this a 33. Aspen, Colorado Like Jackson Hole, In warmer months, Aspen has some of the best fly fishing conditions in North America. Appreciate the scenery by putting on your waders and trying to catch a prized trout. For history lovers, take a walking tour of the former silver mining town, offered by the 34. Gatlinburg, Tennessee Gatlinburg pairs Southern charm with major attractions. If your family vacation ideas include shopping, hiking and amusements, look no further than this Smoky Mountains gem. Take advantage of Gatlinburg’s close proximity to the Appalachian Trail by Visit the top-rated 35. Park City, Utah If you’re wondering where to go on vacation, When summer comes around, you can golf, paddleboard and ride the Alpine Coaster. Visit the 36. Glacier National Park, Montana With a mix of melting glaciers, alpine meadows,and  spectacular lakes and waterfalls, The Going-to-the-Sun Road, a 50-mile road that bisects the park when conditions allow, provides scenic views that are hard to beat. The park offers ample opportunities for rafting, kayaking and horseback riding. And when your day’s activities are over, comfortable accommodations are available inside and outside the park — reserve early!  37. Catskill Mountains, New York The Catskill Mountains have been one of the best family vacation spots for city dwellers for over 100 years. Families seeking a break from city hustle can relax in this historic area's natural beauty. No wonder it’s one of the Your family can explore caves going 156 feet into the earth, raft down the Delaware River, visit the Best family vacation spots in the city  If long road trips don’t agree with your family, checking a major city off your to-do list may be a good alternative. Cities are jam-packed with options for everyone’s taste. Education, amusement and active adventures await. 38. San Francisco, California If the chaos of Disneyland seems a little too much for your family vacation, take a trip to San Francisco. The 39. New Orleans, Louisiana  Introduce your children to jazz at 40. Nashville, Tennessee Nashville has long been the hot spot for country music aficionados, but it has recently been growing in popularity for the general public, too. Take a tour of the Stop by 41. New York City, New York The city may never sleep, but your family surely will after a day packed with some of these family vacation ideas. Get amazing views from iconic structures like the See a collection of the world’s greatest artwork at the 42. Austin, Texas Proud to be weird, Austin has all the oddities and entertainment someone could hope for a family vacation. The Cathedral of Junk shows kids how a little imagination can turn trash into a work of art. Kayak to Congress Avenue Bridge to watch over a million bats fly at sunset. Take your kids for a dip in the naturally spring-fed pool at 43. Seattle, Washington Seattle offers loads of family-friendly attractions. Seattle Center, built for the 1962 World’s Fair, is home to the iconic If you’re looking to squeeze a little nature into your trip, head to Mount Rainier for hiking or take a whale-watching excursion. Shop at the historic 44. Denver, Colorado  Denver is great to visit at any time, thanks to its more than 300 sunny days each year.   45. Minneapolis, Minnesota Minnesota has big city recognition paired with a small city feel. The If you’re considering

Beaches are a magnet for We collected the best beaches for kids around the country so that you can find the perfect destination for your family: Now let’s wade into our options! 1. Coronado Beach (San Diego, California) Coronado Beach has all the ingredients necessary to make a great kid-friendly beach. The water is cool and the sand won’t burn your kid’s feet as they run on the shore. When you’ve had your fill of the water, you can easily retreat to the city for food and added entertainment. 2. Main Beach (Laguna Beach, California) Laguna Beach, located along the Pacific Coast Highway, is easy to get to from either Los Angeles or San Diego. The posh town of Laguna Beach takes great care of its ocean access, which enhances the experience.    The water is typically calm, so your kids can play in the water without risking colliding with surfers. There are also active whale and dolphin sightings in the area for added fun. 3. Santa Monica State Beach (Santa Monica, California) The kid-friendly state beach in Santa Monica has no shortage of space or activities. Stretching over 3 miles, the beaches make you feel like you’ve entered a public resort. The beaches are monitored by lifeguards for added security, and there’s a playground area and water toys available to rent. Follow the pathways to discover scenic lookouts, picnic areas and volleyball courts.  4. Vikingsholm Beach (South Lake Tahoe, California) Want a taste of old-world Scandinavia without the hassle of a transcontinental flight? Then head to Tours are available between May and September. Even without access to the property, your kids will love playing in Emerald Bay, imagining their own Viking adventures. 5. Cannon Beach (Oregon) The beach spans 4 miles and is rarely crowded. The cold, shallow waters allow your kids to play in safety. And at low tide, your kids will love exploring the sea life that gathers in the small tidepools. 6. Long Beach (Washington) Long Beach, Washington — not to be confused with California — is about 40 miles north of Cannon Beach and well worth the visit when you’re in the area. Located on a peninsula, Long Beach lives up to its name, with sandy beachfront stretching across 28 miles. The flat open space makes for a perfect setting to hunt for shells, fly a kite or ride bikes. 7. Waikiki Beach (Honolulu, Hawai’i) 8. Big Foot Beach State Park (Lake Geneva, Wisconsin) Lake Geneva was a popular destination for wealthy Chicago residents looking for summer escapes in the late 1800s. Catering to this crowd, the town turned into a resort community that exists to this day. The lake water is clean and swimmer-friendly, although many visitors prefer cruising on boats.  The shore path wraps 26 miles around the lake, making for a peaceful tour of beautiful estates. Notable buildings include the 9. Sleeping Bear Dunes National Lakeshore (Maple City, Michigan) The area is surrounded with hiking trails of varying difficulty. The Empire Bluff Trail follows a wooden pathway to scenic overlooks along the lake. There’s also the option to kayak or tube down the Platte River, which empties into the lake. 10. Oval Beach (Saugatuck, Michigan) Western Michigan is covered with great beach towns, but Oval Beach stands out as one of the best family beaches. Conde Nast named Saugatuck as one of the 11. Indiana Dunes National Park (Porter, Indiana) Indiana Dunes National Park covers 15,000 acres of sandy real estate that’s begging to be explored. Complete the three-dunes challenge by hiking to the top of the three tallest dunes in the area. There are 18 miles of beaches in the park, with State Park Beach and West Beach being the most popular. Visitors can play in the water and see the Chicago skyline on the other shore. 12. Race Point Beach (Cape Cod, Massachusetts) Race Point Beach is one of the best beaches for toddlers, thanks to its calm waters. Located at the tip of 13. Menemsha Beach (Chilmark, Massachusetts) Menemsha Beach, located on Martha’s Vineyard, delivers on the New England fishing village charm sought by many vacationers. The beach is small, but the surrounding area is sparsely populated, so you won’t be fighting for space. The waves are mild, so kids can easily play in the water. Nearby Larsen’s Fish Market is a great place to pick up take-out dinner before returning to the beach for an ideal sunset.  14. Mother’s Beach (Kennebunk, Maine) Mother’s Beach is one of three beaches along Beach Avenue in Kennebunk and is by far the most kid-friendly. Large rock formations on either end of the beach shield it from turbulent waves. The soft sand paired with a playground area make for hours of potential fun. The eastern side of the beach also has several tide pools enclosed by the rocks. 15. Dewey Beach (Rehoboth Beach, Delaware) Dewey Beach resides in an old-school beach town, serving as a mainstay of summertime activity. The Indian River Inlet has a great jetty for fishing. 16. Sunset Beach (Cape May, New Jersey) As its name implies, Sunset Beach delivers beautiful sunsets. Unlike other beaches in 17. Buckroe Beach (Hampton, Virginia) Buckroe Beach sits on the Chesapeake Bay with lifeguards on patrol through the summer months. There are large restrooms and outdoor showers, and parties can rent picnic shelters equipped with grills and tables. There’s also a nautical-themed playground and an observation pier for added entertainment. 18. Corolla Beach (Outer Banks, North Carolina) Corolla Beach is a popular tourist destination on the Outer Banks islands. It has 19. Coligny Beach (Hilton Head Island, South Carolina) Coligny Beach is adjacent to downtown 20. Kiawah Beachwalker Park (Kiawah Island, South Carolina) Kiawah Beachwalker Park is the only public beach accessible on the island. It’s equipped with lifeguards, a snack bar, dressing rooms and bathrooms. There’s also a boardwalk with a wheelchair-accessible ramp. The beach sand is compacted, ideal for bike riding 21. Gulf State Park (Gulf Shores, Alabama) Gulf State Park sprawls across 6,150 acres and is filled with options for nature lovers. The 22. Back River Beach (Tybee Island, Georgia) Tybee Island is just 20 minutes from downtown Savannah, and is a favorite escape for locals. Grab a bite to eat at the 23. Seagrove Beach (Seaside, Florida) Seaside is a charming town in Northwest Florida that is known for being the filming location for “The Truman Show 24. Siesta Beach (Siesta Key, Florida) Siesta Key is just off the coast of Southwest Florida in 25. Henderson Beach State Park (Destin, Florida) Henderson Beach State Park is located in the Florida Panhandle and is a popular destination for events like family reunions. Visitors enjoy walking the nature trail and staying at the park’s campsites. There are six pavilions for picnicking and grilling, plus boardwalks for easy beach access and a playground for added fun. 9 tips for a family beach trip Don’t let the stress of planning your next family beach trip spoil all the fun. Follow these tips so your kids aren’t the only ones having a blast.  Now that you know where the best beaches for kids are in the country, all that’s left to do is to start planning. Find your next vacation and you just might find your future

Dreaming of owning your first — or We crunch the numbers to estimate how much home you can afford and how much cash you’ll need, plus share helpful tips to discover your ideal down payment. How to use the down payment calculator To use our house down payment calculator, you’ll need to pull together some financial data, enter it into the calculator and review your results. Here’s how to use the down payment calculator. Step 1: Gather home data  Assemble the financial information relevant to the home you want to purchase. Here’s what you need: Step 2: Enter your data into the calculator Next, you’ll enter your data into the calculator. Step 3: Review your results Once the calculations are complete, it’s time to see how much down payment you can afford for this home price. Now that you know how to calculate down payment estimations with our calculator, let’s explore the manual way to calculate down payments. How do I estimate a down payment manually? Here’s a step-by-step walkthrough of estimating your down payment, which will help you determine if you can You can use this process to calculate the down payment for any home, but understanding the long-term costs is also important. Down payment calculator example Here’s an example of how the home down payment calculator works using a theoretical home listed at $500,000. Tips to figure out the right down payment amount for you To ensure that you’re able to achieve your home ownership goals and remain financially healthy, keep the following tips in mind while using our mortgage down payment calculator. Assess your financial situation Before embarking on the home buying process, review your financial situation. Take stock of the following factors that can influence your down payment amount: Your financial situation doesn’t need to be perfect to qualify for a home, but a healthy amount of savings can help smooth the home buying process.   Consider your funding options There are several ways to source the cash you need for a down payment. Here are a few Carefully evaluate the pros and cons of each funding option based on your financial situation and long-term goals. Consulting a financial advisor can provide personalized guidance for your home ownership goals. Anticipate closing costs In general, If you don’t pay closing costs in cash upfront, they’ll roll into your mortgage and can affect your monthly payments and the amount of interest you pay during the duration of your loan. Choose a loan with care While lenders are motivated to provide you with the highest possible loan amount due to interest incentives, it's important to note that Saving for a higher down payment that reduces your loan amount may benefit your financial health in the long run. In terms of the length of a loan: What to look at when calculating a second home down payment When A down payment calculator can help you quickly understand if your ideal home is within reach or if you need to make financial adjustments to prepare for your next home purchase. If you want to

If you’re thinking about purchasing a second home, you’ll want to answer the question “Can I afford a Our second home mortgage calculator can give answers to that question and more — with no complicated math needed from you. You’ll also want to read through our list of five How to use the second home mortgage calculator This easy-to-use calculator breaks the number-crunching down into a few steps. Simply plug in details about your total monthly income and debt obligations, then continue on to determine how much you can afford. The calculator is only as accurate as the numbers you put in, so try to be as exact as possible with your current financial status. Let’s walk through the steps: Step 1 On the first screen, you’ll input some of your financial data to calculate your monthly debt-to-income ratio. As you do, here are the figures you’ll be asked to enter: Step 2 On this screen, you’ll see your current debt-to-income ratio (DTI). A commonly used term in real estate lending, DTI is calculated by dividing your monthly debt obligations by your gross monthly income. The lower your DTI, the more favorable you will be seen by mortgage lenders.  This screen also shows you your estimated cash on hand. This is the amount of money you have left over each month after deducting recurring expenses. Step 3 This step helps you figure out how much you can afford to spend on a second home. You’ll be asked to input the following information: Step 4 Here, you’ll see your results. Based on all your inputs, you’ll see how much you can afford to spend on a second home. If you’d like to explore Pacaso second homes, you can simply click “ Now that you’ve done the math, let’s explore how you can make second home ownership work for you. 5 factors to consider when buying a second home Since lenders make money off of Remember that in addition to monthly mortgage payments, second home owners are still responsible for: These added expenses can easily cut into your cash on hand. That’s why it’s important to figure out how much you can afford for a second home by using our second home mortgage calculator, also known as a For added help in getting the right mortgage loan, read the following five tips.  1. Know your financing options Knowing how you plan on The purchasing method that’s right for you will largely depend on your current financial status, which we’ll get into next. 2. Revisit your current financial status Lenders want assurance that you will be able to uphold the terms of your loan, so they’ll look at your current financial situation. Considering purchasing a second home? A key financial metric to assess is your debt-to-income (DTI) ratio. To comfortably afford a second property, your DTI should ideally not exceed 45%. While this threshold is a general benchmark, having a favorable credit score, a substantial down payment or considerable cash reserves can provide added flexibility. Ensuring that these financial parameters are in check will guide you in making an informed decision about acquiring a secondary residence. Typically, you will need to have a favorable credit score, as anything below 640 could result in a rejected application.  3. Understand second home mortgage requirements The second home buying process is similar to buying a primary home, but it does have stricter requirements. Along with having higher interest rates — usually 0.5% to 1% higher — The rule of thumb is that your housing and debt payments should add up to 36% of your pre-tax income at most. Sticking to this guideline can prevent you from being “house poor,” which means tying the majority of your income up in housing expenses and leaving little cash on hand for unexpected expenses, either related to your second home or not. Be prepared to pay at least 10% of the second home’s value as a down payment. This is substantially higher than the rate for a primary mortgage due to the added loan risk.  4. Know your options for second home ownership Getting a second home mortgage may be out of reach if your goal is to become the sole owner, but that’s not your only option. Pursuing Purchasing your home through a co-ownership model like Pacaso manages the property for you, ensuring it’s flawlessly maintained and stocked with the essentials you need for a relaxing stay. This sort of 5. Learn how to increase your borrowing power After evaluating your finances, you may find that you don’t meet the requirements for purchasing a second home at the moment. The good news is that you have the power to increase your appeal to lenders with just a little time and strategy. Applying these strategies can put you in better standing to get an affordable loan in the near future or down the road. Track your progress over time Still wondering, “Can I afford a second home?” Even if the answer isn’t a yes right now, you have the power to change it. Bookmark this calculator and come back to recalculate based on your progress.  When you’re ready to make a second home

Are you starting a new chapter in a European city or Caribbean retreat? Maybe splitting your time between your current home and a villa abroad appeals to you. While planning an international move can feel exhilarating, the logistics can also quickly become overwhelming — particularly the question of how to handle shipping while moving overseas.  Moving belongings overseas presents unique challenges, from navigating customs regulations to knowing what transportation methods are available. Whether you’re relocating permanently or simply enjoying the flexibility of a second home overseas, figuring out how to transport your possessions efficiently and affordably is crucial.  Below, we’ll walk you through the key considerations and options for shipping belongings overseas and Initial planning and preparation for moving abroad shipping Moving internationally requires careful initial planning. Before you think about quotes and carriers, you’ll first want to take a look at your belongings.  Declutter your stuff Reducing the volume of items you plan to ship is paramount. Not only will this significantly impact your moving overseas shipping costs, but it will also simplify the entire process. Consider these methods: Less stuff translates directly to lower overseas shipping expenses and a less complicated move overall. Inventory your belongings Creating a comprehensive inventory of everything you intend to ship is a non-negotiable step that will help you with moving your belongings overseas. This detailed list serves multiple vital purposes:  Create a detailed spreadsheet listing each item, its description, and estimated value. You can also include photo documentation of each of your belongings. Be sure to provide accurate descriptions and realistic estimated values for each item on your inventory list. Research shipping option Once you know your inventory and budget, you can explore the various methods for moving overseas shipping. Research these options early so you can weigh the pros and cons of each and choose what best fits your needs.  Common international shipping services include:  Set a budget Overseas shipping costs can be substantial, so you’ll want to establish a budget early in the planning process. Once you know the financial implications of shipping belongings overseas, you can make informed decisions about what to ship and the level of service you choose.  Factors that significantly influence the cost of shipping belongings overseas include:  Shipping options for moving overseas  Next, let’s dive into exactly how to move your stuff to another country by exploring the different options available. Several options cater to varying needs and budgets, each with its own advantages and disadvantages. Here's what you need to know whether you plan to Full-service international movers Full-service international movers offer the most comprehensive solution for your relocation needs. These companies handle every aspect of the moving process for a streamlined and often less stressful experience. Their services typically include: Container shipping (sea freight) Container shipping via sea freight is a popular and often more economical option for moving belongings overseas, particularly for larger shipments. It typically involves loading your possessions into large shipping containers that are then transported by cargo ships. You generally have two main options: Air freight Air freight offers a significantly faster alternative for shipping belongings overseas compared to sea freight. Your possessions are transported via cargo planes, making it ideal when speed is a priority. While generally more expensive, air freight can be the best solution for certain types of shipments. International courier services International courier services, such as USPS, FedEx, DHL and UPS, provide a convenient option for shipping items overseas, particularly for smaller packages and individual items. These services offer door-to-door delivery and often have efficient tracking systems, making them a reliable choice for specific needs. If you’re opting to DIY For the most budget-conscious and hands-on individuals, a DIY approach to moving overseas shipping involves renting your own shipping container and managing all aspects of the move yourself. This includes packing, loading, arranging for transportation to and from the port and handling customs clearance. How to choose a shipping provider Choosing the right shipping company is a critical decision that can significantly impact the cost and ease of your international relocation. Researching and comparing different providers will help ensure a more stress-free experience. Get multiple quotes To secure the best possible price, get quotes from several different shipping companies—ideally at least three to five. Comparing these estimates will help you gauge the average moving overseas shipping costs and the range of services offered. When requesting quotes, be sure to provide the following information for the most accurate estimates: Read and understand the quote details Once you receive quotes for your move, don’t just focus on the bottom-line price. Review the breakdown of charges so you know exactly what’s included and avoid any unexpected costs. Some common charges you might encounter include: Be sure to ask whether each quote is for door-to-door service (from your current residence to your new one) or port-to-port service (transport only between ports), and ask about any potential hidden fees that may not be explicitly stated. Factors to consider when choosing a shipping provider Several factors beyond cost alone should influence the shipping provider you choose. Evaluate the following to ensure you choose a reliable provider:  Tips for packing your belongings for international shipping Taking the time to pack carefully and strategically can prevent damage during transit and simplify the unpacking process. Navigating customs  One of the most complex aspects of moving overseas is navigating the customs regulations of your destination country. These rules dictate what items you can bring into the country, what duties and taxes you might need to pay, and the necessary documentation required.  You’ll want to thoroughly research the specific customs requirements of the country you’re moving to well in advance of your departure. This may involve checking the country's official customs website or consulting with your chosen shipping provider. Duties and taxes Unlike simply The amount of duties and taxes owed will depend on the destination country's policies and the value and nature of your shipped items. Check the country’s official customs website to determine any duties or taxes you’ll owe.  Essential documentation Successfully clearing customs when you move requires submitting the correct documentation. Gather all necessary paperwork ahead of your shipment's arrival. These could include: Work with your shipping company A reputable shipping company will be valuable in helping you navigate the complex customs procedures. They can guide you through the necessary paperwork and help ensure your shipment complies with the regulations of your destination country. Be sure to provide your shipping company with accurate and truthful information regarding your inventory and personal details to avoid potential delays or penalties with customs. Types of insurance coverage With an international move, there’s always a risk of your belongings being damaged or lost during transit. Protecting your items with adequate insurance coverage is highly recommended for peace of mind. Your options typically include:  Be sure you also know the deductible, which is the amount you will have to pay out-of-pocket before the insurance coverage kicks in. Tracking your shipment  Once your belongings are en route, most overseas shipping companies provide tracking options so you can keep up with their progress. This way, you can monitor your shipment’s journey and get an estimated delivery time frame. There are a few different tracking methods:  Be sure to stay in contact with your shipping company regarding the estimated delivery schedule and any potential updates or changes. What to do once your shipment arrives at the overseas destination Before you sign off on the final delivery of your shipment, carefully inspect your belongings for any signs of damage that could have happened during transit.  If you notice any damage, make detailed notes on the delivery receipt and take clear photos and videos as evidence. Notify the shipping company immediately to begin the claims process if necessary. Your successful moving overseas shipping journey starts with Pacaso Planning your overseas journey involves careful consideration of decluttering, inventorying, budgeting, researching shipping options and navigating customs. Thoroughly researching your options will ensure a smoother transition to your new chapter abroad.  Maybe the dream of an overseas escape appeals to you, but the thought of moving your belongings overseas feels daunting. Consider the ease of

Interested in splitting the cost and responsibilities of vacation home ownership? Buying a house with a friend offers a more affordable path to owning a second home. It may also put more luxurious properties within your reach.  But 1. Understand the benefits and risks  Buying a house with friends involves more than just shared costs. You're also sharing responsibilities and potential risks. Before you move forward, it’s important to weigh the pros and cons. Co-owning a vacation home can make ownership more affordable and give you access to better properties. It also offers the chance to enjoy the space with people you care about. But it adds complexity, especially if co-owners differ on finances, usage or future plans.  If you and your friend decide the benefits outweigh the drawbacks, co-owning a vacation home could be smart. If not, Pacaso can help you find vetted co-owners who may be a better fit.  2. Align on goals  When buying a vacation home with friends, ensure all would-be owners have the same goals. Everyone should agree on Some questions to discuss include: Make sure to iron out these big decisions before you begin your home search. It’s important to go into home shopping with a clear set of criteria. And remember: Everyone will need to make compromises to keep the process moving forward.  During this process, consider whether you’re interested in buying internationally. Pacaso offers 3. Evaluate finances  Many people are uncomfortable discussing money with those outside their immediate family, but it’s an absolute must if you’re considering You’ll also want to ensure that everyone can afford a second home, not only for the initial purchase but also to cover ongoing costs and monthly mortgage payments for years to come.   4. Discuss expectations  Take the time to discuss the hard questions about home usage and how you'll handle tricky situations if they arise. Clear expectations up front can prevent misunderstandings later. Here are a few questions to get you started: 5. Divide responsibilities  Buying a holiday home — especially in another city, state or country from your primary residence — is a lot of work. Luckily, owning a home with friends means you can share the responsibilities. Before purchasing, make plans for who will take care of specific tasks. You might assign one person to take care of paying the bills, like the mortgage, utility bills and insurance. In contrast, someone else might oversee vendors like house cleaners, landscapers or 6. Create a co-ownership agreement Protecting yourself legally is essential before buying an investment property with a friend. Hiring a real estate attorney may require time and money, but it’s worth the investment. A lawyer can draft a co-ownership agreement to ensure all parties are legally protected. Beyond ownership shares, your agreement can also cover the 7. Find the right home  Now comes the fun part: house shopping! Hire a real estate agent with experience in your target market and vacation home co-ownership. Provide your agent with your predetermined wish list and find a time when all parties can travel to the destination to tour homes in person.  After each showing, have an open conversation about pros and cons to narrow the options. Remember to pack your patience. Finding a property that fits everyone’s wants and needs may take some time.  8. Keep lines of communication open Communication among owners shouldn’t end as soon as you receive the keys. Shared vacation home ownership is an ongoing responsibility. Stay in contact with your co-owners so you can decide on things like vacation dates, maintenance needs and home improvements.  And don’t forget the fun stuff. Be sure to share tips and tricks with your co-owners, whether that’s the great new restaurant they won’t want to miss or a local hiking trail you discovered on your last visit.  9. Consider managed co-ownership Owning a vacation home with friends comes with responsibilities like Pacaso simplifies co-ownership with full-service management. A dedicated home manager handles everything from routine upkeep to billing and vendor coordination. This hands-on support removes many of the hassles of shared ownership, so you and your co-owners can focus on enjoying your time at home. Skip the stress with fully managed co-ownership Buying a house with a friend isn't always simple. That's where Pacaso comes in. Pacaso makes it easy to co-own a luxury second home—without the hassle. We match you with vetted co-owners, create a co-ownership agreement and LLC, and handle everything from property management to home design and maintenance. All you have to do is arrive, unpack and enjoy your professionally furnished vacation home. You’ll find Pacaso homes in