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Investing in real estate is often a significant financial commitment, and how you structure ownership can have major implications for liability, taxes, and day-to-day management. A real estate LLC is designed to protect personal assets while giving one or more owners the ability to efficiently manage and operate the property. Whether you are a solo investor or planning to co-own a home with friends, family, or other partners, understanding how a real estate LLC works is essential before making your next move. How does a real estate LLC work? An LLC can be used as a An LLC functions as a separate legal entity. This means it can: For co-owners, the LLC simplifies decision-making, allows for structured voting or responsibilities, and ensures each member’s interests are clearly defined. It can also make adding new members or transferring ownership shares easier, without retitling the property each time. How is a real estate LLC funded? One of the advantages of LLC property ownership is its simplicity and clarity around finances. An LLC pays for real estate purchases using its own funds, which makes it clear who owns what within the entity. With Pacaso, buyers acquire Financing an LLC property is straightforward. Buyers may use: Pacaso also provides flexible financing options for qualified buyers, making it easier to participate in Who owns the property in an LLC? Ownership of the property is tied directly to the membership interests in the LLC. Each member’s stake represents a percentage of ownership, rather than owning the property directly. This structure ensures clarity, legal protection, and flexibility for all co-owners, while still allowing them to enjoy the benefits of property ownership. What are the benefits of owning real estate in an LLC? LLC property ownership offers several key advantages for investors: What are the cons of a real estate LLC? LLC property ownership offers many advantages, but there are also potential downsides to consider: How do you start a real estate LLC? Creating a real estate LLC involves several clear steps. While the process may vary slightly by state, the general approach includes: How does Pacaso LLC co-ownership work? When you purchase a share of a Pacaso home, an LLC is created to hold the property, and Pacaso fully manages the LLC on behalf of all co-owners. This means Pacaso handles the legal, financial, and administrative responsibilities so you don’t have to worry about the complexities of managing a property or an LLC yourself. Through this structure, co-owners enjoy the full benefits of property ownership: By leveraging LLCs, Pacaso makes it easier for multiple buyers to confidently invest in high-end homes, ensuring that ownership is legally secure, professionally managed, and designed to protect all participants. Fractional ownership through a Pacaso LLC allows more people to access and enjoy luxury real estate without the traditional burdens of sole ownership. And should your needs change and you decide to move on, Pacaso streamlines the process of Explore Pacaso’s

You’ve decided it’s time for a second home — a private retreat where you can escape, recharge, and make memories with loved ones. But traditional ownership can be overwhelming, with high costs, maintenance, and scheduling challenges. Short-term rentals are often impersonal, and timeshares can feel restrictive. So, how does Pacaso work? Pacaso reimagines second-home ownership through fully managed What is Pacaso? Pacaso, Each Pacaso home is held in a How does Pacaso work? Owning a second home can be expensive and stressful, with unpredictable maintenance and scheduling conflicts. Pacaso simplifies the process by combining true property ownership with Here’s how Pacaso co-ownership works at a glance: What makes Pacaso homes special? Pacaso homes are intentionally designed to feel like true retreats — not just places to stay, but places you genuinely look forward to returning to. Every detail is thoughtfully curated to deliver a consistent, high-end ownership experience across locations. Together, these elements create a second-home experience that is polished, predictable, and easy, so owners can focus on enjoying their time rather than managing the property. How do Pacaso alternatives compare? Many buyers unfamiliar with the Pacaso business model ask the same question: is Pacaso a timeshare? The short answer is no. But to fully understand how the Pacaso business model works, it helps to compare it to the most common second-home options available today. By combining true property ownership with professional management, flexible access, and financial transparency, Pacaso homes offer a modern, stress-free alternative to traditional second-home models — without the limitations of rentals or timeshares. Why is Pacaso the smart way to buy a second home? If you’re wondering, “how does Pacaso work for second home buyers?” The answer lies in its modern approach to luxury second-home ownership — one that blends the rewards of owning a vacation home with professional management, flexibility, and peace of mind. Rather than purchasing a second home on your own, Pacaso allows buyers to co-own a luxury property, sharing costs and responsibilities while still enjoying true, deeded ownership. Being a Pacaso owner is about more than just time in a house — it’s about enjoying a vacation home without the work. Owners benefit from: Owning a Pacaso share isn’t just about a property — it’s about creating a personal getaway filled with memories, comfort, and freedom.

Short-term rentals have become a staple of modern travel, offering the comforts of home with the convenience of a hotel. Not only do they provide a flexible option for travelers, but also a potential source of income for homeowners. But turning a mountain cabin or beach house into a rental comes with its own considerations and trade-offs. Here’s what potential owners should know. Understanding short-term rentals You’ve likely come across vacation home listings on Over the last decade, short-term rentals have grown immensely in popularity. Brands like Homeowners are drawn to short-term rentals for their income potential, flexibility, marketing automation, and tax benefits. Unlike long-term rentals, these properties can also serve as personal retreats. Seasonal demand may affect availability, and during peak periods, owners might need to adjust personal use. Additionally, keeping a property guest-ready requires attention to cleaning, coordination, and maintenance. How do short-term rentals work? Many people who Short-term rentals typically accommodate stays ranging from a few nights to several weeks, and in some cases, up to a month. Properties rented for longer than six months are usually considered long-term rentals, while anything shorter generally falls under the short-term category. Local regulations ultimately define what qualifies as a short-term rental in each area. When comparing a vacation home vs. short-term rental, the distinction is clear: a vacation home is primarily for personal enjoyment, while a short-term rental is managed as an income-generating investment. Understanding this difference helps potential owners make informed decisions about property use, financial planning, and regulatory compliance. What is considered a short-term rental in each state? Local restrictions are a critical factor for anyone considering What qualifies as a short-term rental by state? Owners should verify local regulations, zoning, taxes and licensing with their city or state government website for specific details about what qualifies as a short-term rental in their area before leasing their property. What are the different types of short-term rentals? Short-term rentals generally fall into three main categories: entire homes, accessory dwelling units (ADUs) and individual rooms. The type of property you list can influence how you operate your vacation rental business, including tax obligations and zoning requirements, so accurate categorization is essential. Entire homes Airbnb and Accessory dwellings Also called in-law suites, ADUs are often detached studios on the same property as the primary residence. They typically include an en-suite bathroom, comfortable furnishings, and sometimes a private entrance — perfect for guests looking for a cozy, independent space. Individual rooms Some jurisdictions allow homeowners to rent out a room in their primary residence as a short-term rental. The room can accommodate one or more guests and sometimes offer access to shared spaces like a kitchen or yard. Like ADUs, some private rooms can include separate entrances for added privacy. Short-term rental vs. long-term rental: what’s the difference? Both short-term and long-term rentals are investment properties that homeowners can use to generate rental income. The length of the lease between owner and tenant often determines which type of rental agreement both parties will abide by. A long-term rental is generally a lease agreement for tenants who live at a rental property for at least 90 days, although some landlords require a minimum of 180 days or a full calendar year.  A short-term rental, however, is generally available to lease for less than 30 consecutive days. Compared to a long-term rental, What should I consider before investing in short-term rentals? Investing in a short-term rental can be a lucrative opportunity, but it comes with responsibilities that go beyond simply owning a second home. There are several factors to consider before investing in a short-term rental. To operate a short-term rental, owners need to: While short-term rentals can generate income, they also demand time, effort, and organization. If your priority is relaxation rather than running a business, Should I buy, co-own, or rent a vacation home? Short-term rental: Buying a whole second home: Co-owning a vacation home: Which option works best depends on… How does Pacaso compare with luxury short-term rentals? Instead of renting a vacation home night by night, Pacaso offers co‑ownership — a way to enjoy a luxury second home while also building equity. Why Pacaso stands out Compared with other vacation home options, Short-term rentals provide flexibility and variety, but they come with unpredictability: changing hosts, inconsistent quality, and no long-term return. Pacaso combines privacy, stability, and a true “home away from home” experience, letting you enjoy the perks of luxury second-home ownership without the full-time operational responsibilities. Co-owning a luxury second home has never been easier. Unlike vacation rentals,

Many dream of What makes beachfront property management different? Owning a beachfront property comes with unique demands that set it apart from other types of property care. In addition to the standard responsibilities of property maintenance, guest management, vendor coordination, and preventive care, Homes along the shore face year-round exposure to salt air, humidity, storms, and the daily wear of sand and sun. These elements can quickly erode finishes, corrode metal, and cause structural damage if not properly managed. That’s why beachfront properties require more frequent inspections, specialized materials, and proactive upkeep to preserve both their beauty and long-term value. Beachfront vs. coastal property management At first glance, beachfront property management and coastal property management may sound interchangeable as they both deal with homes near the water. But there’s a world of difference between a property that sits on the beach and one located a few blocks or miles inland, and each requires a different level of Key distinctions: What are common challenges of beachfront property management? Beachfront homes face constant exposure to the elements which brings a unique set of maintenance challenges. Owning a beachfront home demands a proactive approach to protect both the home’s structure and long-term value. While every beachfront property faces these challenges, the severity and focus of care vary by location. A home in Maine, for instance, faces different risks than What does beachfront property management look like by region? Every coastline has its own unique characteristics, weather patterns, and environmental factors that can impact coastal homes. While all beachfront homes share common upkeep concerns, the day-to-day realities of managing them differ across the East Coast, West Coast, and Southern beaches. Northeast beachfront property management From the Jersey Shore up through Cape Cod and Nantucket, Northeast beachfront properties face harsh winters, nor’easters, and the year-round effects of salt and moisture. Management here focuses on protecting homes from cold, storms, and coastal wear. In Cape Cod and Nantucket, for example, winter prep is essential. This includes protecting pipes from freezing, servicing heating systems, and sealing gaps to keep the cold out. Every property requires attention to seasonal rhythms to stay safe, comfortable, and well-maintained. Key focus areas: West Coast beachfront property management Along the Pacific, weather is generally milder, but erosion, salty air, and strict environmental regulations create their own set of challenges. Beachfront homes in California, like this Key focus areas: Southern and Gulf Coast beachfront property management In the South, where humidity, heat, and tropical storms dominate the forecast, maintenance revolves around moisture control and weather resilience. Beachfront homes in Florida, along with those in Texas, Louisiana, and Alabama, face long summers, heavy rainfall, and intense sun exposure that can quickly wear down exterior finishes. In Miami Beach, for example, it’s important to keep a close eye on king tides, which can bring flooding even on sunny days. Homes with water access or docks require owner education on tide levels, timing, and safety. The same is true for popular destinations like South Carolina beachfront vacation homes, where consistent upkeep is key to comfort and longevity. Key focus areas: Why do many owners choose professional beachfront property management? Owning a beachfront home is rewarding but maintaining one is rarely simple. Between constant exposure to salt air, unpredictable coastal weather, and high guest expectations, the demands can quickly overwhelm even experienced homeowners. That’s why many choose to work with a professional Key advantages: Many owners find the How Pacaso elevates beachfront property management Every Pacaso home comes with a dedicated local Home Manager who supports owners and cares for the property before, during, and after each stay. Acting as a centralized point of contact, they coordinate all aspects of beachfront property management, from maintenance to day-to-day tasks, ensuring an easy and enjoyable experience for owners. In coastal destinations, where salt air, humidity, and storm exposure add extra layers of complexity, Pacaso Home Managers provide invaluable support. They keep homes well-maintained, secure, and always ready for owners to simply arrive and enjoy their oceanfront retreat. Here’s what you can expect from your Pacaso Home Manager: Comprehensive property care Personalized service and thoughtful touches Financial and vendor oversight Why co-own a beachfront home with Pacaso? Beachfront living should be about enjoying the view, not worrying about upkeep. With Pacaso, homeowners benefit from a full-service approach to beachfront property management that protects their investment, preserves the home’s beauty, and ensures every visit is effortless.  Whether you’re visiting for a weekend getaway or sharing ownership year-round, Pacaso provides the peace of mind that comes with professional oversight — so you can focus on making memories, not managing the property.

It seems almost too good to be true: Own a piece of vacation heaven, a guaranteed yearly getaway, at what appears to be a pretty affordable price. That’s the promise of timeshares — shared ownership arrangements that give multiple buyers the right to use the same property for specific periods each year.  But when you take a closer look at how timeshares work, you may find yourself with questions about their flexibility, long-term value or hidden fees. So, Before deciding, it’s important to understand what a timeshare really is and explore modern alternatives that offer real ownership and more freedom in your path to How do timeshares work? A timeshare is a shared vacation property ownership model, most often connected to hotels or resorts. Instead of one buyer owning the property outright, the ownership is divided among multiple people (typically up to 52) so each person has the right to use it for a set number of days or weeks per year. Think of it as purchasing time rather than the property itself. Owners don’t hold full real estate ownership but instead secure the right to stay in the same accommodation at recurring intervals. For example, if a unit is divided among 52 owners, each person usually gets one week of use annually. This arrangement makes vacation homes more affordable while guaranteeing consistent access to popular destinations. However, it’s important to note that timeshares generally tie you to a single property, unlike Here’s a closer look at the general steps that show how timeshares work: Real-world timeshare example Let’s say your family buys a timeshare property in If you vacation there for ten years straight, you’ll have spent $38,000 ($25,000 initial cost + $1,300 annual fee x 10 years) plus any additional maintenance fees. Divided across 140 nights (14 per year), that adds up to $271 per night, which may be cheaper than the cost of the room if you book on the resort’s website. The potential savings via a long-term contract are why some people find timeshares so appealing. The success of the timeshare model depends on each unit being owned by multiple parties, often dozens at a time. Owners don’t always live nearby either— the average distance between a timeshare and an owner’s primary residence is over 1,000 miles. According to a With so many options available, it helps to understand the different types of timeshares and how each one works. There are many types of timeshares, but most fall into two main contract structures. Deeded timeshares Deeded timeshares divide ownership of a property into smaller shares that reflect how long you can stay. For example, a property split into two-week intervals would have 26 owners. The most common model is a 52-part split, one for each week of the year. With a deeded timeshare, you hold real ownership that can be sold, willed to family, or transferred. Most timeshares in the U.S. are deeded. Right-to-use (lease) timeshares Right-to-use (RTU) or leasehold timeshares operate more like a long-term rental. Instead of owning a portion of the property, you lease the right to stay for a set number of years—commonly 20 to 99. Once the contract expires, your usage rights end. Like deeded models, you’ll still share the property with other owners, often up to 52 families. With an understanding of the two main types of timeshare contracts, let’s explore the three primary ways vacation time is divided among owners. To avoid a Ultimately, ask yourself: "Is this a place I want to stay year after year?" This can help you determine if a timeshare is right for you. Fixed-week timeshare Fixed weeks mean you’re locked into the same week every year (say, the third week in April). While this offers the predictability of always having your vacation secured at a specific time, it also means your travel dates are rigid. Changing your fixed week usually comes with a hefty price tag in the form of an upgrade fee, if it's even possible, making it less flexible for those whose schedules vary from year to year. Floating-week timeshare Floating weeks let you choose your week seasonally. This offers more flexibility than a fixed-week model, since you're not tied to the exact same dates every year. However, that flexibility comes with a trade-off: floating week systems are very competitive among timeshare owners, and the best slots during high season get snatched up quickly.  You'll often need to book far in advance to secure your preferred dates. If keeping your Points-system timeshare Some timeshare properties operate with a points system where you “pay” for your stay with points, giving you greater flexibility in how you travel. This means you're not restricted to a single property or a specific time slot each year.  Choosing an off-season, weekday stay or downgrading to a smaller room may cost fewer points overall, allowing you to stretch your points for more frequent, shorter getaways or save them up for something bigger.  By contrast, you can also use points to upgrade components of your vacation, such as getting a bigger room or a better view — or even enjoy another How much does a timeshare cost? A timeshare's cost involves two main components: an initial purchase price and ongoing annual fees. In addition to the upfront payment, you'll be responsible for Be sure to check the terms of your timeshare contract before signing. This document should outline all of the one-time and ongoing costs, including: Financing a timeshare Banks typically do not offer loans for timeshares, leaving buyers with limited financing options outside of the timeshare company itself. With little competition, some companies rely on high-pressure sales tactics and may charge interest rates between 14% and 20%—significantly higher than most second-home loans on the open market. These factors can greatly increase the overall cost of a timeshare, making it crucial for buyers to carefully review the full financial commitment before signing any agreements. Using a What are the pros and cons of a timeshare? However, there are downsides to consider. Annual fees and special assessments can be costly, and selling a timeshare on the secondary market can be challenging if it’s no longer the right fit. The industry has also gained a reputation for high-pressure sales tactics. Additionally, timeshare ownership typically does not provide the financial benefits of traditional real estate, such as equity growth, What does exiting a timeshare look like? If a buyer eventually decides to sell their timeshare, recouping the initial investment and yearly maintenance fees can be difficult. While new timeshare sales continue to grow, the resale market is flooded, with While exiting a timeshare is notoriously challenging, there are six Learning each strategy’s associated costs and understanding which strategy works best for you will help streamline the overall process. What are some timeshare alternatives? With the high costs and limitations associated with timeshares, it’s recommended you first From second home co-ownership and vacation home ownership to vacation rentals, travel clubs, and resorts, each timeshare alternative comes with its own set of features. Options differ in flexibility, ownership structure, fees, and overall cost, allowing vacationers to choose what best fits their needs and lifestyle. What’s the difference between fractional ownership and timeshares? When comparing The benefits of fractional ownership become clear across factors like the number of owners, scheduling flexibility, equity, management, maintenance, building type, cost, and resale value. Fractional ownership generally means fewer owners, more flexible scheduling, and a share that can appreciate over time. Owners also enjoy the comfort of luxury vacation homes rather than individual units within hotels or resorts. What’s the difference between vacation clubs, timeshares, and second homes? The main Owning a second home — usually a vacation property separate from your primary residence — offers you the freedom to visit multiple times per year, potential property appreciation, and the ability to avoid the challenges of reselling a timeshare. How does Pacaso differ from timeshares? And should you decide to sell, you can sell at any time, at the price you set. Learn more about how co-ownership of a second home works with Pacaso and Here’s how traditional timeshares Benefits Pacaso offers With Pacaso, you enjoy the

Unlike How does a tenancy in common agreement work? A TIC agreement is a form of Buyers can become co-owners within a tenancy in common through: It’s important to note that no one person or company is in charge of a TIC. This means that, for example, while one owner might have a 50% interest share in the property, they have the same usage rights as a tenant with 10% ownership.  What are the different types of tenancy? To fully understand TIC, it helps to see it in context with other types of tenancy: The type of tenancy that works best depends on your personal situation, legal status, financial goals, and desired balance of shared control versus individual protection (like whether you're looking to buy as an individual or as a What is an example of tenancy in common? Now that you understand the basics of how TIC operates, let’s see how this ownership model plays out in a real-world tenancy in common example. In this scenario, three families enter into a tenancy in common agreement: The story above illustrates how each co-owner can have a different amount of ownership shares and how the ownership interest can transfer to family members later. Can you finance a tenancy in common? Although a tenancy in common is a form of fractional ownership, you still have access to traditional funding opportunities like loans.  When it comes to tenancy in common financing, you have two options: Simply put, the main attraction of financing as a group is that co-owners can pool their capital and afford bigger investments — either by taking out a joint loan or individual loans. How are property taxes handled in a tenancy in common? In general, a tax jurisdiction may require property taxes to be paid as a unit. This may be because If your TIC receives a single tax bill, your tenancy in common agreement will determine how the property taxes are paid. A common tax strategy within TIC agreements is for each member to pay property taxes equal to the percentage of their ownership. The TIC agreement should also present how the funds are collected and taxes paid. What are the pros and cons of tenancy in common in real estate? As an arrangement that enables multiple individuals to share ownership of a single property, TIC brings a set of distinct advantages and challenges that prospective homeowners must consider. Understanding these key factors is essential in making informed decisions and forging successful co-ownership partnerships. Below is a side-by-side of the pros and cons of tenancy in common. Advantages of tenancy in common Here are the core advantages of opting for a tenancy in common agreement: Disadvantages of tenancy in common Although a TIC agreement can be an easily customizable and flexible ownership arrangement, it also has its drawbacks, such as: How do you move on from a TIC? Can I dissolve a tenancy in common agreement? Dissolving a tenancy in common is relatively straightforward and easy to accomplish, assuming all co-owners wish to end the agreement.  To dissolve a tenancy in common agreement, each member must sell their shares of the property. This can only happen if all the owners agree to sell their ownership rights and split proceeds according to ownership interest percentages.  Additionally, seeking legal advice, drafting a formal dissolution agreement and adhering to the legal procedures required in your jurisdiction are crucial steps in the dissolution process.  Can I sell or transfer a TIC interest? One major advantage of TIC is the ability to sell your share independently of other owners. Agreements typically outline steps for resale, including offering shares to existing co-owners first, and compliance with local laws. This flexibility makes TIC appealing for those who may want to exit or adjust their investment. Can I pass down a TIC to an heir? Because TIC does not include right of survivorship, owners can pass their share to heirs through a will or estate plan. Proper planning helps avoid disputes and ensures heirs understand their rights. How is Pacaso co-ownership different from tenancy in common? Enjoy second-home ownership without the hassle Tenancy in common illustrates the appeal of co-ownership: shared access to a property, flexibility in usage, and the ability to manage your ownership independently. But it also comes with responsibilities—coordinating with other owners, managing maintenance, and navigating financial obligations. If you love the idea of shared ownership but want to skip the day-to-day management,

Here’s everything you need to know about how to sell your Pacaso, what to expect along the way, and how the process compares to a traditional real estate sale. What is a Pacaso resale? A Pacaso resale occurs when an existing owner sells their ownership interest in a Pacaso home to a new buyer. While this differs from purchasing a new Pacaso share at initial launch, the ownership structure remains the same. All Because of this model, selling a Pacaso share is simpler than selling a traditional home. There’s no need for staging, showings, or home prep, no due diligence period, and no title or escrow process. Ownership is reassigned through the LLC, allowing for faster, more streamlined closings. Resales are a built-in feature of Pacaso’s How does the Pacaso resale process work? What does Pacaso’s role in the resale look like? Pacaso facilitates the resale process by helping source buyers, coordinating marketing efforts, and managing the administrative and legal steps required to complete the transaction. This support significantly reduces the friction typically associated with selling real estate. How long does a Pacaso resale take? Pacaso homes typically close much faster than traditional home sales.  Factors such as buyer financing and market demand may influence the exact timeline. How has Pacaso resale performed? According to RCLCO’s findings, from 2021 through 2024, shares of Pacaso homes achieved an average Compound Annual Growth Rate (CAGR) of 9.7%—4.7% higher than traditional luxury homes in the same markets. In several luxury destinations, from California to the Carolinas, Pacaso resales have consistently outperformed regional averages. From 2021 through 2024, Pacaso share appreciation exceeded market benchmarks in each destination, with Pacaso resales averaging a 10% overall gain. What are the fees and costs associated with a Pacaso resale? Compared to traditional real estate, resale-related costs are streamlined. Overall, the Pacaso resale process eliminates many of the unpredictable expenses associated with selling a traditional home. What are tax considerations for Pacaso resales? Selling a Pacaso share may result in capital gains, depending on your individual situation. Because Pacaso resales involve the transfer of an LLC membership interest rather than a traditional deeded sale, tax treatment may differ from a standard home sale. This information is provided for general guidance only. Owners should consult a qualified tax professional to understand how a Pacaso resale may impact their personal tax situation. What are other options for Pacaso owners? If your needs change, selling your entire share isn’t your only option. Owners who find they’re using less time than anticipated can right-size their ownership by selling a portion of their interest. A selldown follows the same process as a resale, allowing you to retain partial ownership while freeing up capital and flexibility. Is Pacaso a good investment? On average, Pacaso homes have appreciated in value, often outperforming traditional luxury homes in their markets. With a built-in resale marketplace and streamlined ownership transfer through the LLC, selling a Pacaso share is faster and simpler than a traditional second home, providing liquidity and flexibility. Beyond potential financial gains, owners enjoy a So, is Pacaso a good investment? Absolutely, for buyers who value both lifestyle and potential financial return.  A flexible, transparent way to sell Pacaso gives owners an exceptional level of flexibility, control, and peace of mind when it comes time to sell. With a built-in marketplace, professional marketing support, and a simplified transaction process, reselling Pacaso shares is designed to be as effortless as ownership itself.

Owning a property might sound straightforward, but terms like “ownership interest in a property” can feel a little like legal jargon. Whether you’re buying a vacation home, investing, or How does ownership interest in a property work? Regardless of the How are ownership percentages calculated? Your stake in a property typically depends on a combination of factors: Can extra contributions affect ownership share? Extra contributions can shift the balance through: Always document contributions—otherwise, they may not legally change your ownership percentage. What happens if percentages aren’t specified? If your paperwork is vague, state law often assumes equal ownership interest in a property. That might work fine at first, but it can create problems if it’s time to sell or if disagreements arise. Clarifying percentages upfront is always better. What types of ownership interest exist? Not all property ownership is created equal. How you hold a property can affect how you use it, benefit from it, and even make decisions about it. At its core, there are two types of ownership interest: Sometimes, one person holds the legal title while another enjoys the financial rewards. Think of it as the difference between being the “official owner” and the “beneficiary.” There’s also a distinction between fee simple and leasehold ownership: Shared ownership structures add another layer of nuance: For couples navigating marriage, property classification matters: Understanding these distinctions upfront can save headaches later, especially if you’re co-owning a vacation home, investing, or planning for life’s unexpected twists. What are property ownership rights? Ownership interest in a property isn’t just about holding a title—it comes with real perks and powers. Property ownership rights dictate how you can use the property, make decisions, and benefit financially. These will often depend on your ownership structure, but here’s a clear breakdown: What risks should you be aware of as an owner? Property ownership comes with perks, but it’s not without its share of risk. Being prepared for potential pitfalls is essential, especially when co-owning with others. Some common risks include: Clear property ownership documents and agreements and comprehensive insurance coverage go a long way toward mitigating these risks. What responsibilities come with owning property? Homeownership responsibilities include duties that keep your property safe, legally compliant, and financially sound. Responsibilities generally fall into three categories: Even if your home is used as a vacation property, How does ownership interest change in special situations? Life doesn’t always go according to plan, and property ownership can be affected by a variety of personal and financial events. Understanding how ownership interest in a property works in these situations can help prevent surprises and make decision-making smoother. In all of these cases, having clear property ownership documents and understanding the legal framework for your ownership structure can prevent conflicts and ensure everyone’s interests are protected.  What tax implications of homeownership should I be aware of? Taxes are often one of the trickiest parts of co-owning property. How much you pay—or can deduct—depends on your ownership share and the specific financial activities tied to the property. Here’s a clear breakdown: If you’re wondering about the tax implications of homeownership, consulting a tax professional is often a good idea to avoid surprises and maximize benefits. What type of ownership interest does Pacaso offer? Pacaso co-ownership comes with a range of benefits designed to make your ownership as easy and stress-free as possible: With Pacaso, you get true ownership interest in a property without the usual headaches, so you enjoy your home on your terms while leaving the management and coordination to the experts. Browse Pacaso’s

Owning a second home doesn’t have to mean taking on the full cost, responsibility, or time commitment alone. Understanding how co-ownership works can help you decide whether it’s the right path for your lifestyle and financial goals. How does co-ownership of a home work? Choosing co-ownership means entering into a shared legal and financial arrangement where each party has In a typical co-ownership agreement, each person purchases a percentage of the home, often ranging from one-eighth to one-half. Ownership shares not only determine your equity in the property but also your access to the home. Scheduling is agreed upon in advance to ensure fair use among all co-owners. Some co-owners manage the property themselves, while others rely on professional services. Regardless of the approach, all shared costs—mortgage, taxes, insurance, and maintenance—are divided proportionally according to each owner’s share. Clear agreements are essential to outline responsibilities, decision-making processes, and procedures for selling ownership stakes. What are different types of co-ownership? There are several ways to structure shared ownership: Each structure has its nuances, but all types of co-ownership share the common goal of making luxury homeownership more accessible and manageable Why is co-ownership growing in popularity? The concept of co-owning a home has become increasingly popular as buyers seek more affordable ways to access luxury real estate. By sharing expenses, you can enjoy Professional management companies or fully managed models like Pacaso, also make the process easier by handling maintenance, scheduling, and day-to-day operations, allowing owners to focus on making memories rather than managing logistics What are the pros and cons of co-ownership? Co-owning a home offers several benefits: However, co-ownership can also present challenges, especially in DIY arrangements: Clear agreements, defined processes, and strong communication are essential to minimizing these challenges and ensuring a successful co-ownership experience. What’s needed to start a co-ownership agreement? To start a co-ownership agreement, it’s essential to establish: Having these elements in place from the beginning helps prevent conflicts and ensures a smoother experience for all parties involved. Who should I co-own a home with? Co-ownership works best with people you trust and have compatible schedules and financial goals. Family members, close friends, or even professional co-ownership programs like Pacaso can be ideal partners. The key is choosing co-owners who value transparency, communication, and shared responsibility. How does a co-ownership mortgage work? Co-ownership  mortgage arrangements vary depending on the lender and the co-ownership structure. Some buyers share a single loan, while others may finance their portion individually. Mortgage payments, property taxes, and insurance are divided according to ownership shares, ensuring that each owner contributes fairly. Having a clear understanding of financing options and responsibilities upfront is essential to successfully co-own a home. How do you sell a co-owned property? Selling a co-owned property depends on the agreement in place. Often, an owner can sell their share individually, with existing co-owners given the first opportunity to buy it. Fully managed models like Pacaso can facilitate the How to co-own a home successfully What are tips for co-buying a house? Successful co-ownership starts with choosing the right partners and establishing clear agreements. Other helpful tips include: How do I get started with co-buying a house? How does Pacaso co-ownership work? With Pacaso, co-ownership means less time managing your home and more time making memories with those you cherish most.

Property managers play a crucial role in reducing the burden of daily operations, especially for remote owners or those managing multiple properties. Whether a home is used as a long-term rental, short-term rental or a personal vacation retreat, a skilled property manager keeps everything on track — from preventive maintenance and vendor scheduling to financial reporting and tenant or guest communication. For second-home owners, this type of support can be essential. That’s why Pacaso includes fully managed ownership with every home, providing professional property management so co-owners can enjoy their time without the typical responsibilities of maintaining a second property. What does a property manager do? Property managers support owners by overseeing the operational, financial and physical upkeep of a property. Their responsibilities can vary widely depending on the type of home and the owner’s goals, but most property managers handle the essential day-to-day tasks that keep a property running smoothly. What are property manager duties and responsibilities? While every property has unique needs, most property managers provide a core set of services designed to maintain the home, support tenants or guests (if applicable), and protect the owner’s investment. Common property manager duties and responsibilities include: What kinds of property managers are there? Property managers can specialize in different types of homes and ownership structures. Start by considering your goals and how much support you want for your property. How much do property managers charge? Aside from wondering “what does a property manager do,” many homeowners question the cost. Common fee structures Owners should also beware of any hidden or additional property management fees like account set up, maintenance, and inspection. What is vacation home management? Owning a vacation home comes with unique responsibilities and challenges. Vacation home management ensures your property is maintained, secure, and ready for use — whether it’s for your family’s stay or short-term rental guests. Proper management can protect your investment, reduce stress, and maximize enjoyment of your home. What are vacation home management companies? Choosing the right company depends on your property type, usage, and how hands-on you want to be. Professional vacation home management helps owners protect their investment, save time, and enjoy their home without the day-to-day responsibilities. What should be included in a vacation home maintenance checklist? With or without a property manager, a consistent maintenance plan is key to keeping a vacation home safe, functional, and valuable. A structured checklist helps ensure nothing is overlooked and the property is ready whenever needed. Key areas include: Following a Niche types of property management What does a property manager do for a home with special or seasonal needs? Some properties require specialized management due to their location, climate, or level of luxury. Finding property managers who specialize in a certain type of property will help ensure your home is well cared for.   What is different about mountain property management? Mountain properties present unique challenges that require specialized knowledge. Snow, freezing temperatures, wildfire risk, and steep terrain all affect maintenance needs, from roof inspections to slope safety. Professional What is different about beachfront property management? Beachfront homes face unique environmental and operational challenges. Salt air can accelerate corrosion, while high humidity increases the risk of mold. Homes in hurricane-prone areas require storm preparation and emergency planning. What goes into luxury property management? Luxury properties demand higher-touch, concierge-level service. This includes detailed maintenance oversight, vendor management, project coordination, and personalized care for high-end finishes and home systems. What are the benefits of using a property manager? Hiring a professional property manager offers numerous advantages for second-home owners, investors, and vacation rental hosts. The right manager ensures your property is well-maintained, your guests or tenants are supported, and your investment is protected. Key benefits of using a property manager include: How is Pacaso’s property management unique? A smarter way to manage a second home For many second-home owners, answering “what does a property manager do” is the first step toward choosing the right level of support. At a basic level, property managers help owners protect and maintain their home, coordinate vendors, prevent emergencies, and handle the day-to-day tasks that keep the property running smoothly. Pacaso takes these responsibilities further through a fully managed co-ownership model that removes the stress and complexity of maintaining a second home. Every Pacaso home includes: With Pacaso, you get all the benefits of owning a second home, but without the burden of managing it yourself or vetting and hiring a property management company. Every detail is covered, so every visit feels like a true getaway.

With a blend of comfort and privacy, By understanding the different types of vacation homes and 1. Condominiums  Condominiums are multi-family units within a larger building. Condos are a convenient, relatively low-maintenance option and may feature 2. Villas Villas are typically larger, freestanding homes offering ample space and privacy in a tranquil or tropical setting. They often boast world-class features like private pools, stunning views and expansive gardens. A villa’s Pacaso spotlight: This Pacaso villa captures the essence of laid-back luxury in 3. Cottages Cottages offer a charming escape for those seeking a simpler, more intimate vacation experience. These quaint dwellings often feature fireplaces and rustic decor. This type of accommodation is ideal for couples or small families looking to get away from the hustle and bustle of city life and spend quality time together. 4. Cabins A cabin serves as the perfect 5. Chalets Chalets are quintessential modern mountain homes inspired by Swiss architecture. Built for snowy climates, they feature recognizable steeply pitched roofs with wide, overhanging eaves that shed snow effectively. These cozy dwellings are ideal for winter vacations and enjoying stunning mountain vistas — making them perfect for hosting a ski trip. 6. Single-family homes Single-family vacation homes are the best Pacaso spotlight: This Pacaso home offers the privacy and ease families love, with space to spread out, room for gear, and the comfort of a true home base in the mountains. With ample indoor living areas and outdoor space to unwind after a day exploring 7. Beach houses One of the most popular types of vacation homes, beach houses offer the quintessential coastal retreat, putting you steps away from the sand and surf. Imagine waking up to the sound of crashing waves, spending your days sunbathing and enjoying breathtaking sunrises or sunsets. A beach house is perfect for families with children or water enthusiasts who want to indulge in water sports like surfing, kayaking or paddle boarding. Pacaso spotlight: This quintessential California beach house offers relaxed coastal living just steps from the shoreline. Glass doors open to an oceanfront patio, making it easy to move between indoor comfort and time outside. Days revolve around beach walks, water sports, and soaking up the sea air. Best of all, this home is fully managed, so you can enjoy the beach lifestyle without the added hassle. 8. Lake houses A lake house can be a Pacaso spotlight: Calm and peaceful, this Pacaso lakefront home is ideal for those seeking the serenity of both the mountains and the water. Spend slow mornings sipping coffee on the dock, afternoons paddling, and evenings around a fire with friends or family. Whether you’re drawn to quiet nature views or time on the water, this home brings lake living to life. 9. Mansions Pacaso spotlight: This Pacaso estate on Malibu’s Pacific Coast Highway defines spacious, high-end living. With expansive living areas, multiple bedrooms and bathrooms, and room for everyone to spread out, it’s designed for big family get-togethers, celebrations, or relaxed days on the beach. Designer furnished with luxurious features throughout, it offers a vacation home experience that truly feels special. 10. Townhomes Townhomes blend condo-style living with the feel of a single-family home. These multi-story residences share one or two walls with neighboring units but have their own private entrances and, often, small yards or patios. Townhomes are great for vacationers seeking an urban escape with easy access to restaurants, shops and attractions. They can also be a good option for Pacaso spotlight: This luxury townhome in 11. Apartments An apartment is a convenient and affordable option for shorter vacations in cities or neighboring suburbs. You will often find these multi-family units within large complexes. They provide basic living amenities and a place to rest your head after a day of exploring. Apartments come in many styles, containing both luxury and budget-friendly vacation accommodations. Pacaso spotlight: This luxury apartment in Paris’s 7th District is an excellent base for city exploration in one of the world’s most iconic cities. With all the essentials for comfortable living and a central location near cafés, museums, and parks, it’s ideal for shorter types of vacations like weekend getaways. A smart choice for travelers who want convenience and culture with a touch of elegance and ease. 12. Studios Studios are compact living spaces with affordability as its biggest perk. They are often in prime urban locations that put you steps away from the action. Plus, with minimal cleaning required in a single space, travelers can maximize their time exploring a destination. 13. Timeshares Owning a 14. Short-term rentals 15. Aparthotels Aparthotels, or 16. Lodges Lodges are full of rustic charm and a sense of remoteness, perfect for those seeking an escape into nature. Many lodges provide staff-guided adventures and excursions, allowing you to fully immerse yourself in the natural environment. The communal atmosphere of lodges fosters social interaction with fellow travelers, creating a unique opportunity to share stories and experiences while vacationing. 17. Bungalows Bungalows are single-story dwellings known for their compact size and charm. They offer a cozy, affordable option for couples or small families who want to share a small space. The simple layout with minimal living space encourages quality time together. You will often find bungalows in beach towns or scenic locations, providing a relaxing atmosphere close to nature. 18. RVs RVs, or recreational vehicles, are the poster child of travel flexibility while vacationing and are an excellent option for those not wanting the full commitment of buying a vacation home. They come in various sizes and offer a range of amenities, from basic campervans to luxurious motorhomes. This allows you to customize your experience and choose a vehicle that satisfies your vacation needs. RV parks can provide convenient overnight locations with amenities like hookups for electricity and water, making it a practical alternative to buying a vacation home. 19. Houseboats Houseboats are a popular alternative to buying a vacation home. Cruise rivers and lakes in some of the country's most 20. Unusual homes Unusual homes represent a chance to stay in one-of-a-kind or quirky accommodations, from tree houses nestled in a forest to converted windmills and traditional yurts. These unique properties provide an unforgettable experience and a chance to connect with nature in an innovative or time-honored way. This vacation home option is perfect for avid travelers who want to try something new. What are some tips to help me decide which type of vacation home is right for me? Here are some key factors to help you narrow down your search and find your favorite types of vacation homes. Be clear on its intended use Consider your budget Calculate travel logistics  Decide how remote you want to be Determine if you’ll rent it out What makes Pacaso co-ownership the best vacation home option? With so many types of vacation homes available, there are sure to be a few options that best suit your and your loved ones' needs. But beyond the excitement of finding the perfect place, owning a vacation home on your own can come with added responsibilities like maintenance to ongoing That's why

This guide breaks down the different What qualifies as a second home for tax purposes? The IRS classifies a second home based on personal use versus rental use Lenders may also have their own criteria, including: Common characteristics of second homes: How are second homes taxed based on IRS classifications? The second-home tax deductions you can claim depend largely on how the IRS classifies your property. Generally, second homes fall into three categories: Because classification depends on usage and can changes year to year, consult a licensed tax professional to determine your home’s rental status and required forms. What are examples of second home tax benefits? Owning a second home offers more than luxury and relaxation — it also opens doors to potential second home tax benefits. Here are the key second-home tax deductions and credits you may qualify for: Mortgage interest deduction Mortgage interest is the cost of borrowing money to purchase a home. The Property tax deduction Property taxes fund local services like schools, public safety, roads, and infrastructure. Home equity loan interest deduction You can Capital gains deductions A capital gain is the profit you make from selling a capital asset, such as a second home. The amount of your gain is the difference between your adjusted basis (what you paid for the property, plus the cost of any major improvements) and the net earnings from the sale (the selling price minus expenses like realtor fees and closing costs). What is the 14-day rule, and how does it affect rental tax implications? The 14-day rental rule determines whether your second home is treated as a personal residence with minimal rental activity or a rental property, which affects how rental income and expenses are taxed. Tax-free rental income (14 days or less) If you rent your second home for 14 days or fewer per year, it is considered a personal residence: Reporting rental income (more than 14 days) Renting your second home for more than 14 days per year requires reporting all rental income Rental expense deduction             Rental depreciation deduction If you are using your second home exclusively as an Many second home tax benefits mirror those of a primary residence, but your usage — personal versus rental — determines which perks you can claim, like the rental property depreciation tax deduction. Consult a licensed tax professional to fully understand your situation. Why own your dream second home with Pacaso? Understanding tax implications is important, but owning a second home should also be enjoyable. Pacaso offers a simpler path to vacation home ownership through Pacaso homes are not rented out

Whether you're applying for a mortgage for your first or second home, a letter of explanation can be vital to qualifying for home loan funding. If an underwriter requests a letter of explanation, welcome it as an opportunity to clarify your financial situation and clear up any confusion about your credit history or assets. A letter of explanation is particularly useful when an underwriter has concerns during the loan or mortgage application process. It addresses issues such as past bankruptcies or gaps in employment, ensuring a transparent and comprehensive understanding of the applicant's financial standing. Underwriters examine your financial history and determine if you qualify for the home loan you’re applying for. Since loan applications don’t include space for explanations, an underwriter may request that you submit a letter of explanation as evidence that you meet the funding criteria. Why do you need a letter of explanation? There are several reasons why an underwriter or mortgage lender may request a signed letter of explanation, particularly when it comes to a Here are some of the most common reasons you may need to write a letter of explanation. 1. You have a poor credit history Your credit history helps lenders know how you’ve handled debt in the past. The following red flags can potentially indicate poor debt management and may require a letter of explanation: If your credit score is low, it may be in your best interest to have a letter of explanation on standby. Share how you got negative marks on your credit history, and explain why you are still a good candidate for the loan. 2. You don’t have rental history Ideally, lenders want to see that you have a consistent rental history for the last 12 months. This reassures them that you will be able to handle regular mortgage payments.  If you have a gap in your rental history, explain the cause. Caring for a family member or recovering from an accident are possible explanations for a rental hiatus. 3. You have employment gaps Similar to your rental history, lenders prefer to see consistent employment in the year before your loan application. This shows the lender that you have the income to make regular mortgage payments. A lender can be flexible when they know more about the circumstances that led to an employment gap. Being laid off or raising children are possible explanations for the lack of recent work experience. 4. You report different addresses If the address on your driver’s license does not match the address on your loan application or credit report, a lender may ask you to explain the discrepancy. 5. Your income is inconsistent Underwriters will carefully review your income. If it fluctuates often, they may request a letter of explanation. If you are self-employed, your accountant may also have to write a letter of explanation to verify how you generate your income. You might also find it helpful to use a 6. You work remotely If your remote career is tied to an address in a city or state that is different from where you are buying a home, especially if that home is intended to function as a second home office, a lender may request that your company provide a letter of explanation verifying that your job (and income) will not be affected by your move. This situation is becoming increasingly common with the rise of “ 7. You have substantial losses on your tax return If you are a self-employed business owner or independent contractor, it’s normal to file losses on your first few tax returns. A lender may request a letter of explanation to ensure that these losses will not be recurring or affect your ability to make regular mortgage payments.  8. You cosigned a loan In the event that you cosigned a loan, a lender will want a letter of explanation stipulating that you are not the one making the payments. This can apply to student loans, auto loans and mortgages, even for a 9. You opened a new credit account If you open a new credit account while applying for a mortgage loan, a lender may suspect that the debt could affect your ability to repay your loan. Remember that the underwriter will also review your finances during closing, so hold off on opening new lines of credit until the sale is complete, if possible. 10. Your family members are on your bank statements If multiple people appear on your bank statements, like parents or children, you will need to write a letter explaining that you’re in control of the funds being used to pay for your new home. Anyone who helps you with the down payment of the home will also be responsible for writing a gift letter of explanation. 11. Your accounts are under fraud alert A lender will want to know that you’re aware of any suspicious activity on your credit report. If your accounts are under fraud alert or your credit is frozen, prepare a letter of explanation that outlines how you will regain control of your finances. How to write a letter of explanation step by step Before you write a letter of explanation for a mortgage, you’ll need some information first. Some of this you’ll have readily available (like your name), but you might have to gather or research other details, such as specific dates or documentation related to the situation you're explaining. Some of the common pieces of information you’ll need include:  Once you have your personal information on standby, you can construct a thoughtful letter of explanation detailing your circumstances and readiness to be a homeowner. Here is how to write a letter of explanation: Tips for a stronger letter of explanation Writing a letter of explanation can get you one step closer to Letter of explanation sample Keeping your explanation letter short and sweet is key. If you're struggling to write a concise letter of explanation, here is a letter of explanation sample to use as a guide and point of reference Letter of explanation template To make the process even easier, download this free letter of explanation template. Just fill in your information and personalize as needed. Why is a letter of explanation needed for a vacation home mortgage? Lenders may request a letter of explanation to better understand certain aspects of your financial or credit history before approving a vacation home mortgage. This helps them assess your ability to manage the new loan responsibly. Common situations include: If managing multiple mortgages or a high loan balance feels daunting, you may want to explore How does Pacaso help with vacation home financing? Refer back to our free template if you need help preparing an explanation letter for your next real estate purchase. And don’t forget to

What is empty nest syndrome? Empty nest syndrome occurs when parents report the feelings of grief, a loss of purpose, and loneliness after their children move out. While empty nest syndrome isn’t classified as an official health condition, it’s well documented — and very common. It may take some time for parents to adjust to the new normal of no children in the home. For most people, these feelings pass over time as they learn to navigate their new lifestyle.  While entering the empty nest phase of life represents the closing of one chapter, it also ushers in the beginning of another — one with more time to focus on other parts of life, like relationships with partners and friends, hobbies and travel. It also offers an opportunity to get to know grown children as adults, which can be a very rewarding experience in itself. What are the symptoms of empty nest syndrome? While the experience is different for every parent, it’s common to have a variety of emotions during this time:  What is the average age of empty nesters? The average age of empty nesters is typically late 40s to 60s. Unsurprisingly, downsizing homes or moving to a new destination are common real estate activities for people who are no longer actively raising children. Collectively, people in this age range make up 40% of home buyers and sellers, according to the What are the main characteristics of empty nesters? There are over 22 million so-called ‘empty nesters’ in the United States. Many still work full time and often find themselves in a time of financial transition. Some may no longer be financially responsible for the everyday expenses of their children — things like food, clothing and activities — and may find themselves with more disposable income. Others may be responsible  for college tuition, housing, and food while others may be managing increased taxes if they no longer have dependents to claim. What are some tips for empty nesters to make most of this stage of life? Once the dust has settled on the initial transition, usually after two to three months, you may find yourself ready to dive into a new routine. Here are a few tips for transitioning into and enjoying the empty nest stage of life. 1. Practice self care Dedicate time to a new self-care routine. With a newly open calendar, shortened to-do list, and new emotions, now is the time to focus on taking care of your physical and emotional needs. Exercise, sleep, 2. Invest in yourself You likely spent many years prioritizing your kids’ needs over your own, with their activities dominating the family calendar. Once the kids have flown the nest, you might find yourself with more free time than you’re used to. This is the perfect opportunity to 3. Connect with friends An abundance of free time means you can now expand your social horizons. You may want to reconnect with old friends you’ve lost touch with over the years, or seek out new relationships for this new era. Volunteer activities, affinity groups, and community organizations can be great places to find new friends who may be in the same season of life. 4. Get to know your kids as adults Your kids may not be little anymore, but part of the beauty of watching them grow up is the opportunity to know them as adults. This transitional period offers the chance to redefine your relationship and establish new roles and communication norms. 5. Reconnect with your partner In dual-parent families, it’s easy to slip into a routine where your daily and weekly routines revolve around caring for your children. Once your kids move out, it’s an ideal time to rediscover your partner and focus on spending quality time together. Consider 6. Talk to a professional This can be a hard transition for many. If your empty nest syndrome seems to last longer than expected or seriously affects your day-to-day life, it may be time to seek out a therapist or counselor. As an objective third party, a therapist or counselor can provide coping strategies and connect you with helpful resources. 7. Find a change of scenery When the kids have flown the nest, many empty nesters decide it’s the right time to reconsider their living situation. This might include downsizing the family home, renovating or What are some hobbies for empty nesters? Having an empty nest is the perfect opportunity to Why should empty nesters co-own a second home? Co-owning a second home is an ideal next step that fits seamlessly into many house plans for empty nesters ready to embrace freedom and flexibility. Shared ownership provides a practical way to enjoy a luxury vacation home without the full-time responsibilities of maintenance or management. If a second home is on your empty nester bucket list, Pacaso makes it easy to turn that dream into reality with a portfolio of

Whether you dream of a quaint chateau in the Loire Valley or a sun-drenched villa in Provence, buying property in France can be exciting. However, as a foreigner, the differences in property regulations and legalities may seem daunting. Our step-by-step guide covers everything you need to know, from finding the right house to understanding residency requirements. By the end, you’ll be well-equipped to make your French property dream a reality.  1. Pick a region  There are many French regions to explore, each with its own unique charms. From busy cities to the serene countryside, here are a few popular regions for real estate in France:  2. Find the right house Once you've chosen your dream region, the next step is to find the perfect French property. Consider your budget, desired lifestyle and long-term plans when selecting a home. Whether you're looking for a cozy apartment, a spacious family home or you want to To find the right property, you can explore listings online or work with a local real estate agent. For a hassle-free way to buy a second home in France, consider owning a Pacaso second home. Pacaso 3. Make an offer Once you’ve found the ideal Be aware of local customs and negotiation tactics when buying a house in France. A local real estate agent can guide you or 4. Do your due diligence Once your offer is accepted, be sure to conduct thorough due diligence to ensure a smooth transaction. This involves hiring a French notary who will handle the legal aspects of the purchase. The notary will draft a It’s wise to meet with a French attorney to review the 5. Get financing Securing financing for a foreign property can be complex. Traditional lenders may have specific requirements and limitations for international real estate purchases. To simplify the process, consider working with a company like Pacaso. They can handle the financing aspect of If you plan to explore traditional financing options, research international mortgage lenders specializing in French property. Be prepared to provide additional documentation, such as proof of income and assets, to qualify for a loan. 6. Pay a deposit  After the Keep in mind that this deposit is usually non-refundable, so make sure you’re confident in your decision before signing the 7. Transfer ownership Once all the necessary paperwork is completed, the final step is to transfer ownership of the property to your name, a process known as After signing the Why buy real estate in France Can Americans buy property in France? Yes, Americans can buy property in France. While there are certain legal and tax considerations to be aware of, buying real estate in France as a foreigner is permitted. It's wise to work with qualified professionals, such as a French notary and an attorney, to ensure compliance with all regulations as you walk through the buying process.  How much does it cost to buy French properties? The cost of buying a property in France depends on the region, property type and size. Here's a breakdown of the factors influencing overall cost: Average price of properties in France  Properties in popular regions like Paris, Lyon and Bordeaux tend to be more expensive than those in less sought-after areas. In 2024, the Taxes and fees   In addition to the purchase price, there are various taxes and fees associated with buying a home in France:  French real estate scams to avoid  While owning property in France can be a rewarding experience, you should also be aware of common real estate scams. Watch out for:  Make buying property in France easy with Pacaso By following these steps, you can successfully navigate how to buy a house in France. If you’re not ready to commit to a full-time move, consider co-owning a Pacaso second home. When you co-own a vacation home, you can simplify the home buying process and enjoy hassle-free ownership of your French property. 

Here’s everything you need to know about how to sell your Pacaso, what to expect along the way, and how the process compares to a traditional real estate sale. What is a Pacaso resale? A Pacaso resale occurs when an existing owner sells their ownership interest in a Pacaso home to a new buyer. While this differs from purchasing a new Pacaso share at initial launch, the ownership structure remains the same. All Because of this model, selling a Pacaso share is simpler than selling a traditional home. There’s no need for staging, showings, or home prep, no due diligence period, and no title or escrow process. Ownership is reassigned through the LLC, allowing for faster, more streamlined closings. Resales are a built-in feature of Pacaso’s How does the Pacaso resale process work? What does Pacaso’s role in the resale look like? Pacaso facilitates the resale process by helping source buyers, coordinating marketing efforts, and managing the administrative and legal steps required to complete the transaction. This support significantly reduces the friction typically associated with selling real estate. How long does a Pacaso resale take? Pacaso homes typically close much faster than traditional home sales.  Factors such as buyer financing and market demand may influence the exact timeline. How has Pacaso resale performed? According to RCLCO’s findings, from 2021 through 2024, shares of Pacaso homes achieved an average Compound Annual Growth Rate (CAGR) of 9.7%—4.7% higher than traditional luxury homes in the same markets. In several luxury destinations, from California to the Carolinas, Pacaso resales have consistently outperformed regional averages. From 2021 through 2024, Pacaso share appreciation exceeded market benchmarks in each destination, with Pacaso resales averaging a 10% overall gain. What are the fees and costs associated with a Pacaso resale? Compared to traditional real estate, resale-related costs are streamlined. Overall, the Pacaso resale process eliminates many of the unpredictable expenses associated with selling a traditional home. What are tax considerations for Pacaso resales? Selling a Pacaso share may result in capital gains, depending on your individual situation. Because Pacaso resales involve the transfer of an LLC membership interest rather than a traditional deeded sale, tax treatment may differ from a standard home sale. This information is provided for general guidance only. Owners should consult a qualified tax professional to understand how a Pacaso resale may impact their personal tax situation. What are other options for Pacaso owners? If your needs change, selling your entire share isn’t your only option. Owners who find they’re using less time than anticipated can right-size their ownership by selling a portion of their interest. A selldown follows the same process as a resale, allowing you to retain partial ownership while freeing up capital and flexibility. Is Pacaso a good investment? On average, Pacaso homes have appreciated in value, often outperforming traditional luxury homes in their markets. With a built-in resale marketplace and streamlined ownership transfer through the LLC, selling a Pacaso share is faster and simpler than a traditional second home, providing liquidity and flexibility. Beyond potential financial gains, owners enjoy a So, is Pacaso a good investment? Absolutely, for buyers who value both lifestyle and potential financial return.  A flexible, transparent way to sell Pacaso gives owners an exceptional level of flexibility, control, and peace of mind when it comes time to sell. With a built-in marketplace, professional marketing support, and a simplified transaction process, reselling Pacaso shares is designed to be as effortless as ownership itself.

When you fall in love with a dreamy vacation home, one of the first questions that comes to mind is simple but important: The cost of buying a second home goes far beyond the listing price. Monthly mortgage payments, taxes, insurance, maintenance, and long-term operating expenses all factor into what you can realistically afford. That’s where our second home mortgage calculator comes in. This tool will help estimate cost, and explore financing and ownership options to help you make a confident, stress-free decision. What goes into the cost of buying a second home? The purchase price of a second home is just the starting point. Understanding Key costs of buying a second home include: Understanding the complete cost of buying a second home, including ongoing second home expenses, helps ensure your investment enhances your lifestyle and supports your long-term financial goals.  How can a second home be a financial asset? While a second home is an expense, it can also function as a financial asset: Balancing these potential benefits against ownership costs is a key step in determining affordability—which is where a second home mortgage calculator can help. How does a second home mortgage calculator work? Our easy-to-use second home mortgage calculator takes the guesswork out of affordability by breaking the math into a few simple steps. The more accurate your inputs, the more helpful your results will be. Step 1: Enter your financial information Start by entering details that help calculate your monthly debt-to-income (DTI) ratio: Step 2: Review your debt-to-income ratio Next, you’ll see your current DTI ratio, calculated by dividing your total monthly debt by your gross monthly income. Lenders use DTI to assess risk—the lower your DTI, the more favorably you’re viewed. This step also shows your estimated cash on hand, or how much money you have left each month after recurring expenses. Step 3: Input second home loan details To estimate how much you should spend on a second home, you’ll enter: Step 4: Review your results Based on your inputs, the second home mortgage calculator helps determine the amount you would like to dedicate to a second home. You can also explore Pacaso second homes within your budget by selecting Now that you’ve run the numbers, let’s look at the bigger picture of making second home ownership work for you. What are five factors to consider when buying a second home? Just because a lender approves you for a certain loan amount at a certain These costs can have a meaningful effect on your overall financial picture, underscoring the importance of evaluating the bottom line beyond lender approval alone. 1. Know your financing options Knowing how you plan on 2. Revisit your current financial status To comfortably afford a second home, your debt-to-income ratio should ideally stay below 45%. Strong credit, substantial cash reserves, or a larger down payment may provide additional flexibility. Credit scores below 640 may make approval more difficult.  3. Understand second home mortgage requirements 4. Know your options for second home ownership Getting a second home mortgage may be more difficult if your goal is to become the sole owner, but that’s not your only option. Pursuing Purchasing your home through a 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. These strategies along with a second home mortgage calculator can put you in a stronger position to get an affordable loan down the road. What are the key differences between primary residence and second home loans? When you’re considering buying a second home, it’s important to understand how financing differs from your first home. While the loan process might feel familiar, second home mortgages come with slightly stricter terms. From down payments to interest rates, here’s how the two compare side by side: How can co-ownership make your investment go further? For many buyers, the cost of buying a second home feels most daunting when taking on the full financial and operational responsibility alone. Co-ownership offers an alternative path—one that makes second home ownership more attainable without sacrificing quality, location, or experience. Through co-ownership, multiple buyers share an ownership interest in a home using structures such as tenancy in common, joint ownership, or an LLC. When thoughtfully structured and professionally managed, co-ownership can unlock access to high-quality homes while simplifying the ownership experience. By dividing both upfront and ongoing costs, co-owners can: What do Pacaso co-ownership costs entail? Pacaso builds on the benefits of co-ownership by offering a fully managed, transparent approach to owning a luxury second home. Buyers can purchase between 1/8 and 1/2 ownership of a professionally designed home, with costs clearly structured so there are no surprises. Pacaso pricing is organized into three main components: Share price The share price reflects the cost to purchase 1/8 ownership of the home. If you choose to buy additional shares, the price scales accordingly. The share price includes: Monthly home operating costs While a second home mortgage calculator can help determine affordability, non-mortgage related expenses can often catch buyers off guard. With Pacaso, these ongoing costs are budgeted annually and divided into predictable monthly payments, shared pro rata based on the number of shares owned. These costs include: Turnover services To keep the home consistently stay-ready, a turnover fee is charged after each stay. This covers professional cleaning, restocking essentials, inventory checks, and light inspections—so every owner arrives at a well-prepared home. A simpler path to second home ownership Understanding the full cost of buying a second home—and how different ownership models impact that cost—puts you in control of your decision. A second home mortgage calculator can help you translate those costs into real monthly numbers, giving you a clearer picture of what you can comfortably afford before you commit. Whether you pursue traditional ownership or explore co-ownership, clarity around expenses helps ensure your second home supports both your lifestyle and long-term financial goals. When you’re ready to explore a smarter, more flexible way to own a second home, Pacaso is here to help.

Understanding the different types of interior design can make decorating a home feel far less overwhelming. While design decisions can seem daunting at first, a little research and a grasp of foundational interior design principles can go a long way. With the right approach, you may be surprised at how confidently you can bring a dream room, dream home, or dream Use this guide to understand the seven elements of interior design, and discover the home design trends shaping 2026, with insights from Pacaso designers to inspire your next space. The 7 elements of interior design explained If you’re wondering how to decorate a new home or how to update an existing space, the best place to start is with the basic elements of interior design. Understanding these elements gives you the foundation to design any space with intention and confidence. These core principles help bring balance, function, and personality to a room, regardless of the types of interior design you’re drawn to or plan to incorporate.  Below are seven essential elements to keep in mind as you create a cohesive, thoughtfully designed space. 5 trending interior design styles for 2026 With so many emerging home design trends, it can be difficult to decide how to decorate a new home. While personal taste should always lead the way, certain types of interior design continue to stand out for their popularity and staying power. To better understand the types of interior design gaining momentum this year, we spoke with Pacaso’s interior design professionals, Kyra Edwards and Camille Selis for their expert perspective on the home trends and design styles shaping homes in 2026. 1. Color-forward Color-forward interior design embraces rich, earthy hues and immersive palettes to create emotionally resonant spaces. In 2026, designers are moving away from safe neutrals and cool greys in favor of deeper, grounding tones like ochre, olive, earthy greens, muddy blues, rich plums, and terracotta-inspired red-oranges. This style often incorporates color-drenching — where walls, ceilings, trim, and even furniture share a cohesive hue — resulting in spaces that feel bold, intentional, and deeply atmospheric rather than decorative. 2. Textured maximalism & “livable luxury” As stark minimalism fades, textured maximalism is emerging as one of the more welcoming types of interior design, blending warmth, comfort, and layered design. These interiors balance richness with restraint, pairing mixed textures and patterns with timeless, high-quality furnishings. Often described as “liveable luxury,” this style prioritizes craftsmanship, comfort, and longevity over flash or trend-driven decor. The result is a space that feels curated and refined, yet relaxed enough for everyday living – perfect for vacation home design. 3. Organic & sculptural design Organic and sculptural interior design emphasizes soft forms, flowing silhouettes, and natural materials. Furniture and decor feature curved edges, irregular contours, and handcrafted details that feel tactile and grounded. Materials like wood, stone, rattan, and clay anchor these spaces, celebrating visible grain and natural imperfections. This approach brings a sense of calm and movement, creating interiors that feel both modern and deeply connected to nature. 4. Heritage & character-filled interiors Heritage-inspired interiors focus on storytelling, individuality, and craftsmanship. Rather than uniform or mass-produced décor, these spaces feel layered and personal, incorporating antiques, vintage finds, and artisanal details. This style reflects a growing desire for homes that feel collected over time. It favors authenticity and character over perfection, creating interiors that feel meaningful and distinctly personal. 5. Intentional, wellness-driven spaces In 2026, interior design is increasingly focused on how a space makes you feel, not just how it looks. Intentional interiors are designed around wellness, comfort, and flexibility, supporting real life through thoughtful layouts and purposeful zones. These spaces often include cozy reading nooks, adaptable rooms, and layered lighting to create a calming, restorative atmosphere. Every element serves both function and mood. Other types of interior design Trends come and go, but discovering an interior design style that reflects your personal taste and stands the test of time is key to creating a space that feels like home. These timeless interior design styles offer inspiration for spaces you’ll love for years to come, whether in your primary residence or second home. Bohemian style, often shortened as “boho,” pulls together a variety of textures and patterns to create an effortless look.  While boho interiors mix bold patterns, they’re grounded by key neutrals with simple pops of color. There’s a lot of texture in boho style, often using materials like rattan which adds a unique look that doesn’t clash with bold patterns. 2. Cottage Cottage interiors combine classic and rustic features to evoke a simpler time, making this style perfect for a second home. Features like wood furnishings and natural stone help pull cottage spaces together, but you can transform any space into a cottage with details like handmade textiles or vintage furniture. 3. Mid-Century Modern Mid-Century Modern design is one of the more well-known home design trends that’s persisted over the decades. Characterized by its mix of lines and soft forms, it shows what people thought the future would look like, making this a timeless choice. Choose bold Mid-Century Modern furniture and blend other types of interior design into your decor to keep the perfect balance of old and new. 4. Coastal Coastal style is a popular choice for coastal or The key here is to lean into aquatic-themed decor so you always feel the same peace of lounging by the waves, even if the sand’s not right on your doorstep. 5. Art Deco Art deco is characterized by its use of geometric patterns, jewel tones and accentuating lines. It’s common to fill the space with many statement pieces by using their similar patterns to tie an interior together. Another distinctive feature is interesting lighting like geometric chandeliers or floor lamps. While many interiors are colorful, they’ll usually stick to just one contrasting color to keep the color from overwhelming the space. 6. Minimalist This type of interior design is characterized by bright spaces, simple decor and open concept interiors. Usually, these interiors are mostly white to maintain a clean look. The minimalist style is about keeping things simple, so less is truly more. Your space doesn’t need to be completely devoid of decor, but it shouldn’t feel cluttered. Focus on creating clean lines so there’s nothing to distract you from your peace. 7. Modern Modern interior design has a lot of similarities to minimalism, but it typically features more decor and pops of color. It still has the clean, bright feel of a minimalist space, but the inclusion of some more decor can help it feel more like home for people who aren't ready to commit to a minimalist lifestyle. Still, 8. Traditional The traditional style has remained one of the most popular types of interior design for centuries. It draws inspiration from European elements such as rich textiles and carved wood. Many home design elements that come from traditional interior design — like crown molding — are desirable for any homeowner. These interiors feature an array of textures, from grand window furnishings to detailed woodwork. Choose furniture that showcases wood grain in rich tones to keep this style feeling cozy and personal. 9. Transitional Transitional interior design warms up modern design with its traditional influences. Spaces like this typically feature traditional style furniture. Then, the style is elevated with modern touches like geometric lamps or a gallery wall. Transitional interiors often use neutral tones and muted color palettes. 10. French Country French country interior design combines rococo and rustic design, which were the two most popular styles from 17th- and 18th-century France. Rococo design features pastels for a lighthearted extravagance, while rustic design features lots of dark wood and rich furnishings like furs. As a result, French country is known for its mix of dark wood furnishings and pastel textiles. You’ll often see delicate patterns, such as florals contrasted against darker furnished features. 11. Scandinavian Scandinavian interior design style has its roots throughout Scandinavia but is usually attributed to the Danish Selskabet for Dekorativ Kunst — or the Danish Company for Decorative Arts. Scandinavian style is a twist on modern design that adds some organic elements. This type of interior design departs from the elements that can make the modern style feel sterile to some people. Liven up your Scandinavian space by integrating natural materials like rattan and rich textures like a faux fur throw. Another key feature of Scandinavian design is its use of color; muted colors like mauves and olive greens are common. 12. Industrial Industrial design is characterized by exposed wood, brick and metal elements with little color. It works well in open or lofted spaces with large windows and lots of natural light. Industrial design mixes a vintage and modern feel. Its furniture and accessories typically have modern shapes but vintage-feeling materials like unpolished metal or 13. Eclectic Eclectic design refers to spaces that take influence from multiple design styles. While it originally referred to combining more traditional styles, many people add modern touches to their eclectic designs. Eclectic interior design is all about building your ideal space, so feel free to play around and choose your favorite characteristics of multiple styles to 14. Modern Farmhouse As the name suggests, modern farmhouse style combines elements from both the cottage and modern styles. It brings all of the traditional comfort and coziness and adds a modern twist, integrating clean lined and a bright feel. This style bridges the gap for people who find modern design too clinical and farmhouse design too traditional for their tastes. Whether you’re styling your primary or secondary home, it’s important to have a space where you can relax and enjoy yourself. Exploring the different types of interior design and discovering what resonates with you is just one way to Pacaso’s approach to interior design Thanks to Pacaso’s team of designers, each Pacaso home is expertly designed and furnished to strike the perfect balance between trend-forward style and timeless appeal. While it reflects the latest home trends and design standards trends, it also maintains enduring elegance and comfort, ensuring your home looks beautiful today and continues to feel fresh for years to come.  The Pacaso home design process With Pacaso, there is no need to worry about how to decorate a new home. Pacaso’s in‑house design team takes a holistic and highly intentional approach to This thoughtful approach ensures that every Pacaso home feels relaxing, cohesive, and uniquely tailored to its setting, so owners can step inside and instantly feel at ease.  Design Certified  Every Pacaso home is Designing your home in your preferred style Discovering your unique interior design style is an exciting journey, but creating a cohesive, beautifully curated home often requires an understanding of the types of interior design, thoughtful planning — and often, professional guidance. Working with an If you’re considering a second home, innovative solutions like Pacaso’s Explore Pacaso’s

A turnkey home is a fully move-in-ready property without hassle. The phrase “turn the key” is literal: you step inside, drop your bags and settle in. No need for contractors, material decisions or waiting months for updates.  When buyers ask what a turnkey home entails, they’re usually trying to understand whether a house truly requires zero renovation work before it’s livable. While typical turnkey properties aren’t automatically furnished, many homes in How turnkey homes work for second-home buyers Turnkey homes offer unique value for second-home buyers, especially those For And because everything is finished before closing, you experience faster access to the lifestyle you’re working toward, like meaningful time with family, stress-free travel and comfortable stays throughout the year. What’s included in a turnkey home While every property is different, most turnkey homes share a set of core qualities. These features give buyers confidence that they won’t need to make immediate repairs or updates. Here’s what’s usually included in a turnkey home: In Together, these features make it possible to start living in the home right away, with little to no prep work on your part. Pros of buying a turnkey home Turnkey homes are appealing for many reasons. They offer an experience built on convenience, comfort, and clarity. Here are some of the benefits of buying a turnkey home: For second-home buyers, the ability to enjoy your home immediately without stress or delays is often the biggest advantage. Cons of buying a turnkey home Turnkey homes also have a few trade-offs, especially if customization or cost savings are top priorities. Here’s what you’ll need to look out for when buying turnkey properties: A turnkey property should offer genuine readiness. The proper documentation will help you confirm that. Who is a turnkey home right for Turnkey homes are an excellent fit for buyers who want to spend less time coordinating projects and more time actually enjoying their home. They’re especially appealing to people with full schedules who prefer a space that’s fully prepared from day one. Out-of-state and On the other hand, buyers who love hands-on customization or who enjoy shaping a property to their exact preferences may feel limited by a home that’s already completed. Those who thrive on renovation projects often find a fixer-upper more satisfying. These buyers typically prioritize the control and potential transformation that come with renovating, while turnkey buyers prioritize convenience, predictability and immediate comfort. What to consider before buying a turnkey home Before buying a turnkey home, it’s important to take a thoughtful look at the property’s quality, history and documentation so you know exactly what “move-in ready” truly means. Even when a home is labeled turnkey property or turnkey home in real estate listings, the level of work completed can vary widely, so due diligence is essential. Questions to ask the builder or seller When evaluating what is included in a turnkey home, ask the builder or seller detailed questions to better understand the scope and quality of updates. Confirm whether improvements were cosmetic or structural, how recently they were completed and whether licensed contractors performed the work.  Here are some questions to ask during the walkthrough: How to verify a listing is truly move-in ready To verify that a listing is genuinely turnkey, request documentation that reflects the quality of the work. This may include inspection reports, permits for structural changes, receipts from contractors or proof of recent servicing for major systems.  A true turnkey property will have consistent updates across the home, modern mechanical systems and completed spaces with no unfinished rooms or outdated features. When inspecting the home, pay attention to common signs that the home isn’t fully turnkey, such as mismatched finishes, older electrical panels, aging HVAC units or partially updated kitchens and bathrooms. Cost expectations for turnkey homes Turnkey homes often come with a higher upfront purchase price because the improvements, design work and system updates have already been completed for you. However, buyers typically save money and time by avoiding renovation expenses, travel for project oversight and the unpredictable costs that come with fixer-uppers.  Turnkey home vs. fixer-upper: what’s the difference? A turnkey home is all about readiness. It’s complete, polished and requires no immediate work. A fixer-upper, on the other hand, is a property that needs renovation, repair or modernization before it feels complete. Turnkey homes streamline the experience from day one, allowing buyers to arrive and enjoy their As you compare your options, weigh the immediate convenience and clarity of a turnkey home against the potentially lower upfront cost of a home that requires additional work. For many second-home buyers looking for ease, speed and comfort, the turnkey route offers a smoother path into ownership. How to find a turnkey home  Turnkey homes are especially common in second-home markets and desirable Pacaso offers Find your turnkey home with Pacaso Pacaso simplifies second home ownership by offering Whether you’re right-sizing your time away or exploring new destinations, Pacaso makes second-home living more seamless, ensuring your turnkey home is ready from the moment you walk in the door. 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Frequent travelers understand the importance of consistency and convenience, and therefore often turn to vacation clubs and co-ownership programs, such as However, due to their structure, pricing varies significantly. This guide breaks down everything you need to know about the two travel models, allowing you to choose the one that’s right for you, and explains why Pasco may be an even smarter option. How does Equity Estates work? Equity Estates is an investor-owned luxury vacation club that operates differently from a traditional timeshare. Members invest in an Equity Estates fund that purchases and manages a portfolio of high-end vacation homes, giving them access to stay at properties around the world without the responsibilities of direct ownership. Property management, maintenance, and concierge services are included. Unlike traditional timeshares, where members pay for usage without building equity, Equity Estates members own a share of the underlying real estate. At a defined liquidity date, the properties are sold, and investors receive 100% of their initial capital back plus 80% of the profits. This structure allows members to enjoy luxury vacations while also benefiting from the long-term value of the real estate they help fund.  Properties and destinations During the years between investment and disbursement, investors enjoy access to over 60 destinations across more than 25 countries. The properties are private, luxury homes valued between $2 million and $6.5 million, offering amenities such as oceanfront views, ski-in/ski-out access, swimming pools, and private club access. Access Depending on the level of investment, members receive a set number of nights per year that can be used across the entire portfolio. This structure allows for longer stays in a single destination or the flexibility to explore multiple locations.  Pricing is not publicly available for Equity Estate’s investment tiers, so unfortunately, potential investors can’t compare costs upfront. However, Equity Estates promises better availability than timeshares, as homes are exclusively available to investors, thereby limiting overall competition. Equity Estate reviews Equity Estates fund reviews have an overall rating of 4.9 on Trustpilot, with a total of 432 reviews. Customers most praise the staff for being attentive and helpful, with There are very few negative Equity Estates reviews on How does Inspirato work?  Inspirato operates on a subscription model with two ways to access its luxury vacation homes: Inspirato Club and Inspirato Pass. Inspirato Club requires a one-time initiation fee plus annual dues, while Inspirato Pass offers a flat annual subscription fee. Both options provide members with access to Inspirato’s curated collection of luxury vacation homes.  Here’s a breakdown of Inspirato’s two primary subscription models: The Inspirato Pass The Inspirato Pass is the company’s core all-inclusive offering and costs $40,000 annually. Members can choose from numerous Pass Trips, with all nightly rates, taxes and fees included. And it’s not just homes. You can also stay at an unlimited number of eligible hotels, resorts, cruises, safaris and guided tours. With an Inspirato Pass membership, travelers can reserve up to two trips at once, making it a good fit for those who want to travel frequently without committing to long-term planning or complex booking rules. Inspirato Club The Inspirato Club has a one-time initiation fee of $15,000 and $6,000 annually in dues, starting in the second year. Travelers gain access to the Inspirato Collection of properties and experiences, featuring members-only nightly rates and personalized travel planning assistance.  Unlike the fully inclusive Inspirato Pass, Inspirato Club members need to pay fees for each stay, and membership grants them access to members-only benefits, discounted stays and concierge support. Inspirato reviews Inspirato has a 2.3 total rating on Trustpilot, based on six total customer reviews. Inspirato’s negative reviews mention issues with canceling their subscription, stating that the company has strict refund rules, alongside limited availability. “Inspirato was great when we first signed up. They ended up changing a lot of things, which lost the value of the Pass. When we attempted to cancel, we had to wait 30 days, which is fine but…they're still charging me, and it's been 60 days and $5k later after those 30 days. They keep saying they're going to cancel and refund, but they have yet to.” Which option is right for you?  When it comes to Equity Estates vs. Inspirato, choose Equity Estates if you spend significant amounts of money each year on travel and want to see some return on your spend. Consider going with Inspirato if you want broad access to a portfolio of luxury accommodations without the full commitment of a buy-in.  If you’re wondering, is Inspirato worth it, considering Equity Estate’s high reputation, here’s a comparative list of pros and cons to make the best choice: Equity Estates pros and cons Inspirato pros and cons Alternative: Get to know Pacaso Instead of weighing Equity Estates vs. Inspirato, consider a third option, Pacaso. Our Pacaso makes it easy to own a second luxury home in a coveted destination, with properties available throughout the U.S. and in select international markets. From sunny villas in Every Pacaso home is fully managed, professionally designed and ready for you to enjoy, with equitable scheduling among owners. Co-owners purchase shares in a property-specific LLC, and when you’re ready, you can sell your share to realize any returns on your property.  Comparing Pacaso and Inspirato Pacaso, Pacaso has additional advantages over Inspirato:  An owner’s view of the differences Pacaso owner Mark also has an Inspirato membership. While he uses his Inspirato to “fill the gap” when he wants variety in destinations, he says he loves that his Pacaso gives him true ownership in a destination he loves.  “We’re kind of creatures of habit,” Mark said. “We like to go back to the same place that we know. We know it’s going to be quality. We get to know people in the community … it’s a totally different animal, and we prefer having the house.”   Own your vacation destination

Owner Alison Davis shares how Pacaso helps her family building memories near and far Austin Allison, CEO of Pacaso, sits down with Alison Davis — a Pacaso board member and owner of two beautiful vacation homes — to discuss how co-ownership has enriched her family’s life. Joined by her adult children Tallulah and Felix, Alison shares how her Pacaso homes in Tahoe and London have enabled special place for her busy family to reconnect, host friends and gather with extended loved ones. This intimate fireside chat also highlights prioritizing experiences, create lasting memories, and find meaningful moments together amidst life’s hectic pace. Key takeaways:

Lake Tahoe has always been a special place for Christianne and John. When finances made it difficult for them to continue owning there, they made the heartbreaking decision to sell their home. When the couple discovered Pacaso co-ownership, however, they realized they didn’t have to say goodbye to their dream after all. "The first time we came in and stayed at our Pacaso, I just couldn’t believe the dream had come true for us, in a way that we could’ve never imagined," said Christianne shared. Watch to see Christianne and John’s favorite things about their Tahoe home, plus Pacaso’s due diligence in the community response to co-ownership. Pacaso makes a second home possible and enjoyable for more people.

Jim and Jun wanted to own a second home in Palm Springs, a place they’ve been visiting for years. Jim hadn’t used his previous vacation homes as much as he had hoped, so co-owning made sense to him. Pacaso enabled the couple to make their budget go further and purchase a beautiful home that fits their schedule, supplies all the amenities they need, and offers them true ownership. “This is my property, and I want to take care of it,” said Jim. “We would absolutely [buy] another interest in a Pacaso. It’s a great setup, everything is taken care of for you, and it really fills a niche in the market.” Watch the video to hear what else Jim and Jun love about their Palm Springs second home.

Mike and Rita wanted nothing more than to have a place for everyone in their family to enjoy. From the moment they stepped into their new home, the two grandparents knew immediately they had made the right choice. A Pacaso in Newport Beach was everything they desired in a second home. From the amenities and location to Pacaso’s ongoing support, every detail has made it “feel like home.” Mike and Rita’s calendar is packed with upcoming celebrations, get-togethers and special occasions. “There’s going to be amazing memories made,” said Rita. “As a grandmother, that is my main job. And I think it’s going to be quite easy.” Watch the video to hear what else Mike and Rita love about their Newport Beach second home.

Will and Julia live in the Bay Area, just south of San Francisco in the communities of Redwood City and Menlo Park, respectively. They each have two teenage children, and they enjoy spending time with their combined family in the quieter, more verdant Napa Valley.  “We both have a love of Napa, and we were going up there five or six times a year,” said Will. Over time, we started talking about getting a place there — we were spending a fortune on hotels.”  Even though hotels weren’t cheap, a second home in the Working through the details Julia had some initial concerns and questions about the Will said that Pacaso’s level of service was an important factor in their purchase, giving him and Julia the confidence to move forward. “From the start to today, working with Pacaso at all levels, everyone has been fantastic. If there’s been an issue, they’ve consistently worked through it and found equitable solutions.”  The joy of shared home ownership From their first stay, Will and Julia knew they’d made the right decision. “It was a ‘pinch me’ moment,” said Julia. “I remember thinking, ‘Is this real? Did we really do this?’ And then I said, ‘We’re home!’” Since trading up hotel stays for time at their Pacaso, they can attest to the difference that ownership brings. “Having a piece of something, somewhere, that you can come to and call your own is a wonderful feeling. It’s easy to fall in love with the home and the community,” said Will. And, unlike a hotel, it’s a special gathering place for their loved ones, said Julia. “Being able to come together and make memories with family and friends is one of my favorite parts of owning our Pacaso.” Plus, said Julia, it’s always ready for them when they arrive. “It’s such a benefit being able to come in and have our home be clean and set up with everything we need, and then not having to worry about doing a bunch of cleaning before we leave.” Life at their Pacaso Whether they’re spending time at their second home with family, friends or just each other, the experience is one of ease, pleasure and joy. “We live differently when we’re there,” said Will. “We’ll walk downtown to get croissants, then come back and open up the doors to the backyard and the sun will be streaming in — it’s something else.” Julia added, “Whenever we arrive, Will always says, ‘I can feel my blood pressure drop.’ It’s such a good feeling.”  They like to walk around the neighborhood, strolling through the forest to enjoy the magnificent redwoods, or walking downtown to have dinner or pick up groceries. “The neighborhood is really friendly. Everyone says hello and good morning — it’s a nice, small-town feel.” And if they’re not up for a walk? “Sometimes we just stay at the pool all weekend to relax and rejuvenate,” said Julia. It was during one of those poolside moments that Will realized how fortunate he and Julia were to have this experience of owning a second home: “I brought a lawn chair down to the pool, put the umbrella up, and was reading an Agatha Christie book, drink in hand — it was beautifully sunny, and Julia was next to me, and I was thinking to myself, ‘If this ain’t why we’re living, I don’t know what is.’ It was just a wonderful moment.” Find your second home in California wine country Ready to enrich your life with a second home in Napa Valley? Explore

Before becoming Pacaso owners, frequent travelers Byron and Elizabeth hadn't thought much about buying a second home — at the time, they didn't own their primary residence, and they enjoyed seeing new places. While they liked exploring different towns along the Northern California coast, it took planning. "We were spending a lot of time and energy finding places to stay," said Elizabeth.  They had several friends in St. Helena, a Napa Valley town within an easy drive of their Bay Area home, and they visited the area fairly often. They had toyed with the idea of buying property there, but it didn't seem like a realistic option. "It's really hard to find properties in St. Helena, and a full-time second home wasn't in the cards," said Byron. But then an interesting opportunity presented itself: Some friends of theirs, Jay and Michael, had decided to "sell down" part of their St. Helena home to Pacaso. The home, known as the Poolhouse, was Pacaso's first property, and Byron and Elizabeth had fond memories of the times they'd spent there in the past.  Seizing the opportunity  Being able to buy a share of the Poolhouse seemed like a stroke of good fortune. "Owning a whole second home was a barrier financially, and it didn't make sense for us when we considered the maintenance and upkeep for a place where we wouldn't spend that much time," said Byron.  Co-ownership with Pacaso seemed like an ideal option — they already knew and loved the home and the area, they wouldn't have to worry about any maintenance headaches, and the ability to right-size their ownership provided the flexibility they craved. "We like to travel a lot and didn't want to have to spend all of our vacation time at a second home."  Most importantly, it was financially attainable, with the help of Pacaso's financing option. "Financing made it possible and kept costs down to a reasonable amount. It balanced out to about what we pay for the average weekend a month we spend on a short family trip, or less than what we would spend on a vacation rental." Still, it was a new model, and they needed to feel assured that it worked for their needs. " "Once we understood the transaction and how everything worked, we felt comfortable and it was really a no-brainer at that point,"said Byron. Time in their Napa home Having young children — 3-year-old twins — hasn't dampened Byron and Elizabeth's interest in travel, but it has changed their perspective on second home ownership. "We really like the feeling of ownership over a vacation rental because we get to spend time in a place where we can make memories together. The kids look forward to coming here, and they understand that it's our Napa house and they get to play in the pool and see friends who live up here," said Elizabeth.  And that sense of connection and consistency is unique to ownership, said Elizabeth. "We feel like we're part of the community even though we're part time. You don't get that familiarity and memories at a rental or a hotel. You have a nice time, but there's nothing sentimental or special."  Sometimes those memories are part of the flow of daily life, like meeting up with local friends to watch their son's Little League game at Crane Park. Other times they are moments to cherish, like celebrating the twins' birthday at their Pacaso with both sets of grandparents who they hadn't been able to see in over a year.  And best of all, creating memories doesn't come with any added stress. "Owning our Pacaso is effortless," said Elizabeth. "We don't have to do any extra planning or work, and we know the house will be the same as when we left it. It's turnkey ownership, and we just show up and enjoy ourselves — we don't have to worry about the details."

Pacaso is more than just a place to stay — it's a gathering place where your extended family can create memories made possible only in a vacation home. This is true for Derick and Karen Ball, who found Pacaso's luxury amenities, dedicated property management and exceptional financing to be the perfect fit for their needs. "The memories that we make here, with family and friends — these are experiences that you can’t buy and you can’t get at a hotel,” said Derick. "It’s quantity time, but also the quality time within it." Watch below to learn more about the Ball family and how they create extended family moments in their Pacaso home. Pacaso makes a second home possible and enjoyable for more people.

Chris and Julie previously owned a second home in South Lake Tahoe, using it for family vacations and as a rental. “We love the idea of having a home, but we didn’t need it full time. The workload that went into renting it out — there was a lot,” Chris said. “We did great with it, but it was a lot of work.” They sold the property in 2020 and started looking for a more manageable home on the north end of Lake Tahoe. During their search, they came across Pacaso’s co-ownership program. Chris and Julie were won over by Pacaso’s price, flexibility and amenities, and the true ownership experience stood out. New, comfortable and impressive The couple loved the idea of owning new construction at a price within their budget. “We figured, the new home aspect would be less wear and tear in the long term,” Julie shared. In addition, since Julie and Chris consider themselves as more “summer people,” a new home in a different area of Tahoe would provide more options for enjoyment.  But it’s not just the newness of the property — the couple is amazed by the home’s design and feel. “I think the most difficult part is having to come home to our main home,” said Julie, who’s a fan of interior design. “I love this house, and it is amazing. I think the design team did a phenomenal job.” As owners who had rented out their second home, the couple also appreciates how Pacaso takes care of the maintenance and adds special touches to make them feel at home. “The hot tub, furnishings, outdoor furniture and fire pits are all comfortable. You have everything you need that you can think of, and that makes me feel really good,” said Chris. “We’re going to impress our family and friends whenever we go there. And we’re always going to have a comfortable stay because of that.” Julie added, “It’s really nice just to be able to walk in and not have to do anything.” Julie and Chris aren’t the only ones who are impressed. On a recent stay, the couple’s daughter and dog didn’t want to leave. “That was a really good sign the Pacaso team did well,” Chris said. The perks of true ownership Simplicity and comfort aside, a massive benefit for Chris and Julie was having true ownership in their second home. “There’s a sense of pride when you own a piece of a home. One thing that resonated with me during our last experience was that we did build a lot of traditions,” Julie said. “And it felt nice to have the same place to go to and make it your own. And it is your own.” This feeling of ownership makes their new Pacaso different from other offerings on the market. “I think there’s a lot of misconception out there with it being a timeshare,” said Julie. “It’s not a timeshare — we’re owning a home with eight people. We are able to have access to Tahoe and a beautiful home that we would not be able to afford on our own.” A second home is a special place With more moments on the schedule and plans to pass the home to their daughter, the couple views their Tahoe home as more than just a second home — it’s about going to a beloved destination that holds special meaning in their family. “I think our second home is an extension of our primary home and an extension of our family,” said Chris. “We can’t say that about our current home as much as we love it, because — at some point — you transition out of your primary home. But with a second home, it’s always going to be a place we go to that matters.” Look forward to coming to Tahoe Looking for a place to make memories in Lake Tahoe? When you co-own a Pacaso, you enjoy hassle-free ownership in a beautiful property that feels like home — because it is. Check out our

For Susan and Jason, Napa Valley had long felt like a home away from home. They live less than two hours away in Burlingame, and wine is Jason’s business — in fact, he owns a wine bar, and frequent trips to Napa and Sonoma Valley are part of the job. But wine country means more than that to the family, said Susan. “Jason is in the wine industry, so Napa is important for that reason, but we also love the community and the change in pace of life it brings while we’re there, so it has a lot of sentimental value for us.” From ‘maybe someday’ to ‘let’s do it!’ They had thought about a second home in Napa, but the idea never went anywhere. “We’d been considering it for years, but the most we ever did was look online, and we always had the same conversation,” said Susan. “It seemed like a lot of upkeep and maintenance considering our busy jobs and lives. How often are we going to use it? Is it worth it? And then this home showed up online and we realized it was partial ownership and we thought that seemed ideal.” Although they hadn’t heard of Pacaso, they understood the concept. “We have friends in Tahoe who own a fractional property, so we were familiar with the idea. Jason was able to tour in person and took me along via FaceTime. We decided that night, and it wasn’t a hard decision! We loved the property and it seemed like a minimal risk for what we would get out of it.”  What they would get was space, true ownership in a home, and an opportunity to put down roots in an area they loved. “When you have a family and go on vacation, you end up cramming four people in a hotel or paying for a suite or multiple rooms each time,” said Susan. “That’s not nearly as appealing as having space for not just family, but also friends, and being able to own it and sell it — those were all the things our friends loved about their Tahoe place, which, in part, is what convinced us to move forward with Pacaso.”  A short drive, a world away Getting out of the city and having a place to relax, with minimal effort, is a dream come true, said Susan. “Being able to just pack up and be there in under two hours is wonderful. You just feel the stress melt away as you get closer to the house.”  Susan and Jason’s Pacaso is situated on an acre and a half in a neighborhood they described as almost farmlike. “It’s close to downtown but you feel like you’re in the middle of nowhere. The kids love to walk down the drive and feed the goats across the street. We live in a city, so having all this space, a pool, playing bocce ball, making s’mores — it’s great, and the kids don’t want to leave.” In addition to making friends with the neighborhood goats, the family looks forward to developing closer connections within the Comfort and ease Leisurely days spent by the pool or exploring local parks are possible in part because Susan and Jason don’t have to invest time and energy in the home itself. “The house is very thoughtfully appointed, and the fact that we don’t have to worry about the maintenance is even better,” said Jason. “From our first stay, it immediately felt very comfortable, and there was clearly a lot of thought put into the way the home was stocked from appliances to glassware and bedding. The personal touches like games are really nice too.” Susan added, “There’s a lot less screen time when we’re there because there’s so much other stuff to do, like playing family games.” The themes of home, ownership and ease have been core to Susan and Jason’s And for Jason, the consistency you can expect from a home you own offers peace of mind — especially when you don’t have to deal with the hassles yourself. “There’s a comfort level in going back to the same place — you know where everything is, you know how to work the TV and the pool and set everything up the way you want it. But we’re not responsible — it’s the actual joys of homeownership.”  Make Napa your second home destination Pacaso puts second home ownership within reach for families, with listings in some of the most desirable destinations. And our Family-Friendly Second Homes™ make it easy to just show up and relax — from cribs and high chairs, to games, pool floaties, streaming services and more, we have you (and your kids) covered. Check out our

Like many couples, Richard and Anne-Catherine thought about buying a second home for years, and they got pretty close a few times. They even did a trial run to see what ownership might be like, renting a home for a season when their children were young, but it ended up being a hassle. “We had to duplicate everything we had in our home to be comfortable, and we were always forgetting something or didn’t have something. There was so much to pack and bring back — it just wasn’t working!” said Richard.  But more than the inconvenience of schlepping things between homes, a feeling held them back: guilt. “Every time we were serious about buying a place, I always felt guilty knowing we wouldn’t use it very much,” said Anne-Catherine. Right-sized ownership with all the amenities Living in the Bay Area, Richard and Anne-Catherine are regular visitors to Lake Tahoe and enjoy the region’s variety of year-round outdoor activities. They never gave up on the idea of owning a second home, and considered buying a condo in Tahoe. Then they learned about Pacaso. “We thought, what a great idea! This is exactly what we need. The cleaning is done, the decorating is done, and there will always be other people using it. We’ll have it for a reasonable amount of time, but it’s not just us — it’s not wasted,” said Anne-Catherine.  Plus, owning a Pacaso meant they didn’t have to deal with all the prep and packing that made their seasonal rental experience so much work. “A big advantage of Pacaso is how well-equipped it is,” said Richard. “You don’t have to worry about what to bring because apart from picking up groceries, everything you need is here.” While they had some initial reservations about taking a risk with a newer company, Richard and Anne-Catherine felt reassured by Pacaso’s thorough operating agreement, and ultimately bought their share A nice price, a very nice home Co-owning a Pacaso also gave Richard and Anne-Catherine an opportunity to own a larger home than they could otherwise afford. “In Tahoe, what we paid for our one-eighth share gets you a one-bedroom apartment. It would be available to us all the time, but it would be very tiny, so I’m not sure it would be worth it,” said Richard. Anne-Catherine noted that it also wouldn’t come with the new, Having stayed at many vacation rentals, the couple says the quality of their Pacaso far exceeds the homes they’ve rented. “Rentals can be shabby,” said Anne-Catherine. “Even high-end rentals can still have cheap cutlery or no baking equipment. I adore baking, and at our Pacaso, everything is there. The decor is very tasteful, and the quality of the bedding and towels is so nice.”  Service at rental properties can be unpredictable as well, but they’ve been pleased with their Pacaso experience. Everything has gone smoothly, from timely door-code notifications to the functionality of the home technology. And the human touch has been a real plus: “The manager is reachable and responsive right away — it gives you confidence,” said Anne-Catherine.  Year-round enjoyment Tahoe’s seasonal activities make it an ideal The couple is also happy to have a place to share with family and friends — something that would have been challenging had they bought a small condo. “We came with two of our (adult) kids and they couldn't believe the place — it was a treat,” said Anne-Catherine. Richard added, “The service, the cleaning and quality of the place that you get for the money is very good. It’s a great deal compared to a one-bedroom apartment where we’d have to do everything ourselves. We can come here and do a bit of work, a bit of skiing — it’s going to be brilliant.” Make Tahoe your second home destination Pacaso puts second home ownership within reach, with listings in some of the most desirable destinations. Check out our

Market trends in global luxury real estate: 3 rising retreats For 2025, buyers are paying attention to market trends in global luxury real estate while zeroing in on places that deliver an extraordinary everyday rhythm. Carmel, Santa Barbara and Breckenridge check that box with rare settings, strong lifestyle draws and a growing selection of high-design homes available through co-ownership. Below, see why each destination is trending, how the broader market supports thoughtful acquisitions, and where Pacaso fits your plan. The luxury market shows steady momentum in 2025, with median prices for single-family luxury homes up 1.8% year-over-year and 8.0% versus 2023. Inventory has reached a two-year high, giving buyers more choice and negotiating power. Globally, the category is projected to grow at a 6.9% CAGR through 2035, with North America accounting for about 30% of market share. These market trends in global luxury real estate are fueling interest in lifestyle-led destinations like Carmel, Santa Barbara and Breckenridge. Why Carmel is trending for 2025 Carmel pairs cinematic coastline and acclaimed dining with access to Santa Barbara’s Mediterranean pace and culture Framed by ocean and mountains, Santa Barbara blends refined dining, a lively arts calendar and quick access to Breckenridge for four seasons of alpine living With How co-ownership fits these markets Pacaso co-ownership aligns with these destinations by matching high-use lifestyles with right-sized ownership. You enjoy equity in a real home that is professionally designed and furnished, plus intuitive scheduling that supports frequent stays. For a deeper overview of how it works, see Pros and cons by destination Which destination fits your lifestyle If you picture quiet coastal mornings and gallery strolls, vacation homes in Carmel deliver a refined, low-key rhythm. For terrace-to-beach living with culture in every direction, luxury homes in Santa Barbara lead the list. If your calendar is built around ski days and summer trails, Breckenridge vacation homes offer a year-round mountain base. In each, market trends in global luxury real estate favor thoughtful buyers who value setting, design and time well spent. Explore Pacaso homes in these markets Ready to see more in each destination? Browse

Beautiful American cities attract big businesses, and big businesses pay well for top talent, making metropolitan areas flush with million-dollar homes. But which cities lead the high-priced real estate pack? A 1. San Jose, CA Located in the heart of Silicon Valley, San Jose is the hotspot for 2. San Francisco, CA Just north of Silicon Valley, San Francisco has 42% of its homes valued at over $1 million. But the size of million-dollar homes in San Francisco varies widely depending on location and condition, with 700-square-foot condos in popular neighborhoods going for $1 million, and suburban homes with close to 3,000 square feet listed at the same price. The neighborhoods with the highest appreciation in San Francisco are just east of Lake Merced and bordering San Francisco State University.  3. Los Angeles, CA Are you starting to see a California trend? Los Angeles has long been known for pricey real estate, and its selection of million-dollar homes make up 19% of the market. The average size of million-dollar homes in the City of Angels is 1,720 square feet, with 92% of them built before 1999. The priciest neighborhoods include Bel Air, Brentwood, West Sunset Boulevard, and areas along the Pacific Coast Highway.  4. San Diego, CA San Diego continues the trend of expensive West Coast real estate, with 14% of the homes valued at over $1 million. Median home values in San Diego are around $665,000, with the majority of homes in the area priced between $596,000 and $894,000.  5. Seattle, WA Seattle’s 91% white-collar workforce is a contributing factor to having 11% of its homes valued at a million dollars or more. You’ll find the most expensive neighborhoods near Edgewater Park/Broadmoor, Laurelhurst, and East Roy Street at 24th Avenue East. Newer construction dominates the scene, with nearly 24% of all homes built since 2000.  6. New York, NY New York City is known for its expensive real estate, so it’s no surprise that the Big Apple made this list: 10% of homes are valued at a million dollars or more. But unlike many other urban areas in the U.S., New York’s dense population means that 95% of the city’s homes are apartments, not detached houses. One-bedroom apartments make up 39% of those units, and it’s rare to find a home with five bedrooms or more in the city.  7. Boston, MA In Boston 9% of the housing inventory is valued over $1 million. You’ll find Boston’s priciest real estate at Beacon Street near Fisher College and Boylston Street near Presidential Plaza. Boston is known for its history, and it’s not just monuments and museums — in fact, 50% of the city’s real estate was built before 1940. As a college town, Boston also has a high percentage of renters, with only 33% of homes occupied by owners. 8. Washington, D.C. Like Boston, Washington is a hotspot for American history, but with a larger inventory of newer construction homes: 34% of homes in the district were built before 1940. Million-dollar homes make up 7% of the D.C. real estate market, with Dupont Circle’s historic mansions, Georgetown and The Palisades among the city’s most expensive neighborhoods. Typical home values range from about $236,000 to $1.2 million, with no single price bracket cornering the D.C. market.  9. Miami, FL With glamorous mansions lining its waterways, million-dollar homes are part of Miami’s scenery, making up nearly 5% of the city’s homes. Miami also has some of the newest homes, with 27% of its housing constructed after 2000. Up-and-coming Miami neighborhoods include Buena Vista, City Center and Biscayne Boulevard at Miami Dade College.  10. Denver, CO The Rocky Mountain gem of Denver rounds out the list with 4% of its market consisting of million-dollar homes. Home values are pretty evenly distributed between $122,000 and $914,000, with 86% of them falling in this range. The city is also divided nearly equally between owners and renters, at 49% and 51%, respectively.

Time to celebrate—Pacaso is turning five! In just five years, we’ve broken new ground in the second home market and introduced a model that is reshaping real estate. None of it would be possible without our team of innovators, thought leaders, and most importantly, our incredible owners. As we look ahead to the next chapter, we remain grateful to the community that fuels our success and inspires us to keep innovating and raising the bar. Thank you for being part of our journey. Now, let’s take a look back at the milestones that made our first five years so memorable. Here’s to the next five years of memories, meaningful connections, and innovation. The best chapters of the Pacaso story are still to come.

Luxury real estate trends: Paris & London 2025 Luxury real estate trends in Paris and London point to a year of selective growth, more choice at the top end, and faster deal timelines. For a second home, that translates to better access to prime addresses and turnkey quality in both cities. Globally, prime prices rose 2.8% year over year in Q1 2025, underscoring steady demand for high-caliber homes in world capitals. Pacaso makes ownership in these prestigious markets more attainable through fractional ownership. Instead of buying an entire property, buyers purchase a share of a luxury home in Paris or London. This approach lowers costs while preserving the benefits of equity, appreciation, and personal use, making world-class real estate more accessible to second-home buyers. Paris in 2025 market signals buyers should watch Paris rebounded decisively to start 2025. Lower mortgage rates below 3% and stable pricing have doubled the pool of active buyers and shortened timelines, especially for renovated, move-in-ready residences in prime districts. That momentum is also evident on the Left Bank, where Saint-Germain combines classic architecture with updated comforts, a profile exemplified by Beaux Arts. Set steps from galleries and the Seine, London in 2025 pricing, policy and prime demand London is set for modest 2025 gains of about 2%, supported by strong cash-buyer demand and improving choice at the top end. Across luxury segments, inventory is at a two-year high, with single-family listings up 40.4% and multifamily up 42.6% year over year. Price performance is bifurcated: the best-designed, turnkey listings still command premiums, while buyers have more room to negotiate on homes needing updates. For everyday access to Key luxury real estate trends shaping buyer choices Paris vs London lifestyle essentials for a second home Paris offers How co-ownership supports 2025 buyer behavior Today’s buyers value time and certainty. Pacaso co-ownership provides access to high-demand neighborhoods with professional management and streamlined scheduling, so you spend your time enjoying the city rather than handling home logistics. In Paris, that can look like a classic Left Bank address steps from museums, cafes and the Seine, such as What it means for your next move Here is the bottom line for 2025. Paris is accelerating, with faster transactions in top districts and a broader base of active buyers. London should post around 2% annual growth with more inventory at the high end, giving shoppers greater choice. With global prime prices trending higher and considering these luxury real estate trends, selecting a property that is truly turnkey and well-located remains the clearest path to lasting enjoyment. Ready to explore prime addresses in two world capitals? Browse Pacaso listings in

Luxury home buying in a stabilizing market Luxury home buying is entering a more balanced phase across flagship destinations, and the shift is reshaping luxury real estate market trends. In Paris, Q1 2025 transaction values rose 69% as rates dipped below 3% and buyers returned. London’s prime addresses faced sharp price adjustments and rising inventory, creating room to negotiate. Cabo posted one of its strongest quarters on record, while select U.S. resort hubs show more listings and longer decision windows. In Miami, most April sales closed below asking, another sign of cooler conditions and buyer leverage. What market stabilization means for luxury home buying Stabilization is showing up in three ways: more choice, more time and more precision on price. For luxury home buying, these shifts translate to improved selection, pacing and pricing clarity. Prime central London listings rose nearly 16% year over year, stretching time to sell and shifting power to buyers. In Miami, a larger share of sales closed below ask, signaling realistic pricing wins. In Vail, nearly 45% of active listings saw price reductions in the 2025 summer window, reinforcing the value of disciplined offers and well-priced, move‑in ready homes. Signals by destination How co-ownership performs in a cooler market With luxury real estate market trends pointing to steadier pricing and more selection, co-ownership offers a precise way to align use with value. Pacaso provides professionally managed, designer furnished homes in blue chip locations, so you enjoy the lifestyle and avoid the burden of sole ownership. In a market that rewards optionality and speed, coordinated scheduling and local care teams keep your time focused on experiences, not logistics. For Cabo days centered on golf, water and dining, In the Rockies, Next steps for buyers If you are evaluating luxury home buying across stabilized markets, start by shortlisting destinations with clear usage fit and resilient demand drivers. Browse Pacaso listings in

With summer winding down and the year’s midpoint behind us, the luxury real estate landscape looks clearer, and brighter, than it did just a few months ago. Buyers and sellers are navigating calmer waters: prices at the high end have held steady, interest in co-ownership keeps climbing, and industry trends point to more meaningful travel. Here are some key takeaways  as we head into the second half of 2025, and why the outlook for second-home owners has never felt more promising. When we launched Pacaso in 2020, many buyers still assumed “real” ownership meant holding 100% of a home, even if it was rarely used.. That mindset is changing fast. In Cost and ease of management are the main drivers behind co-ownership. Though overall home sales cooled in early 2025, the top of the market keeps defying gravity. High-end properties outperformed every other price segment in 2024 and Q1 2025, according to Realtor.com’s What’s driving demand? A combination of strong stock-market returns, limited home inventory in some markets and the appeal of tangible assets you can Global living isn’t just for digital nomads. London is a prime example. Beauchamp Estates reports U.S. citizens now account for roughly That global appetite is why Pacaso is expanding beyond North America. We’re continuing to focus on adding more Pacaso homes in Europe, bringing our seamless co-ownership model and simplified transaction process to some of the world’s most coveted vacation destinations. Whether you’re traveling or buying a home, experience is quickly becoming the true measure of luxury. This same experiential mindset is reshaping real estate: “The feeling a home delivers matters as much as the address,” observes Tammy Fahmi of Sotheby’s International Realty—a change that’s prompting buyers to pay premiums for properties aligned with their lifestyle ideals ( Luxury real estate is evolving on two parallel tracks: shared ownership is accelerating, and lifestyle-led demand is strengthening at the high end. Together, those forces create an unprecedented opportunity to enrich your life through the purchase of a second home. Pacaso takes the complexity out of second home ownership, giving you effortless access to extraordinary properties around the world. Whether you’re eyeing a Austin Allison CEO and Co-founder of Pacaso

While the real estate market has slowed down after the pandemic-driven surges of 2020 and 2021, many popular luxury vacation destinations across the country continued to see a rise in second home demand in 2022. In this year’s Top Second Home Markets Report, we reveal the top 10 luxury second home markets of 2022. These are the markets across the US that saw the biggest upticks in second home buying activity.  “Despite a national cooling in residential real estate, we’re finding that the To determine the top U.S. markets, Pacaso analyzed second home mortgage rate lock data — an indicator of second home buying activity. Here are the 10 U.S. counties that saw the biggest increases in the share of second home mortgage rate locks for homes priced above $1 million.  “What’s interesting here is that many of the counties that saw the largest year-over-year shift toward second home buying activity this year are already regarded as luxury top second home destinations,” said Austin. “Places like Napa, Kauai, and New York City all made the list this year. In previous years, lesser known Compared to last year, sought-after destinations in Utah, Florida and California saw the biggest gains in the number of people purchasing luxury second homes. In Washington County, Utah, where the average second home price was $1.3 million, the share of luxury second home mortgage rate locks was up 10.3% year-over-year — the largest increase in the country. Home to Osceola County, Florida (6.1%), and Nevada County, California (4.5%), also saw the biggest year-over-year share increases among the top markets. Osceola County is situated just south of Orlando and is in close proximity to Florida’s famous east coast beaches.  Nevada County, home to Truckee, is situated in the Sierra Nevada mountains and is a short drive from the world-class ski resorts of Lake Tahoe. With demand and prices for second homes continuing to rise in many areas, co-ownership offers a smarter and more responsible option for buyers looking to make memories now in a second home. Pacaso has co-ownership listings in over 40 world-class destinations. Browse Pacaso identified the top U.S. luxury second home markets by selecting the 10 counties with the highest year-over-year increases in second home mortgage rate locks between January 1 and December 6, 2022. Counties without at least 50 second home transactions in the period, as well as those with second home mortgage rate lock share below 10%, were excluded from the analysis.  Luxury second homes are defined as homes sold for $1 million or more that are designated for seasonal and/or recreational use. Mortgage rate lock data is an indicator of second home buying activity. When applying for a mortgage rate lock, a home buyer must specify whether they are securing a mortgage rate for a primary home, secondary home or an investment property. Approximately 80% of mortgage rate locks result in home purchases. Mortgage rate lock data was provided by real estate analytics firm Optimal Blue and includes a sizable share of the market that is taken to be representative of the whole. Second home mortgage rate lock transactions and average second home purchase price data were sourced at the county level. 

Second home market trends: Key takeaways Second home market cooled in summer, but still relatively hot Across the nation, second home rate locks — a proxy for second home transactions — increased throughout the pandemic, peaking in summer 2020 and again in spring 2021, but falling 26.6% year over year this past summer. Despite this recent cooling of the pandemic-fueled second home surge, overall market share of second homes is still up from pre-pandemic levels.  From 2017 through 2019, second home transactions averaged a 3.8% quarterly market share of all rate locks. As of summer 2021, that percentage was up from pre-pandemic levels, with second homes comprising a 4.3% market share. “A year ago as Pacaso was preparing to launch, we wanted to better understand the second home market, and quickly realized there was a massive gap in local, timely second home data,” said Pacaso CEO Austin Allison. “It’s estimated that there are nearly 10 million second homes in the U.S., and with pandemic-driven shifts that have allowed people greater flexibility around where they live and work, we expect to see this number continue to grow. The second home housing market represents a significant subset of the market that is critical to watch in order to fully understand the U.S. housing market.”  The Pacaso Second Home Market Report, which analyzes timely and localized data for the top 50 second home markets, is a composite including property use and mortgage rate lock data. It includes counties with a percentage of seasonal homes and median home values at or above the top 20th percentile. Mortgage rate lock data is a leading indicator of consumer second home buying activity. Transaction volumes decreasing, but home prices up across top 50 markets Most of the top vacation destinations are seeing second home mortgage rate locks decline, but prices remain highly elevated and continue to rise. All but one county tracked in Pacaso’s report saw double-digit price growth in second home purchase prices this past summer. Kauai, Hawaii, saw the highest growth, with a median purchase price of $1.25 million, up 83.3% compared to a year ago. The island of Kauai has seen Wasatch County, Utah, and Gunnison County, Colorado, also saw sharp increases in second home purchase prices, up 53.9% and 53.2% respectively year over year. Prior to this spike, Wasatch County historically had a lower median second home price than neighboring Summit County, Utah, which is home to popular resort town Park City. Meanwhile, Gunnison County, located in the Colorado Rockies and home to ski resort Crested Butte, still has a lower median second home price than neighboring Summit County, Colorado, which is home to a number of famous ski destinations like Breckenridge, Keystone, and Copper Mountain.  Of the top 50 second home destinations analyzed, 46 saw a year-over-year decline in transaction activity in the summer months. However, trends in four second home markets stood out as exceptions:  Demand is creating a new wave of second home markets “It’s clear that there’s been a sea change not only in where people live and work, but also where they choose to get away from it all. The market looks completely different than it did two or three years ago,” said Pacaso CEO Austin Allison. “It used to be that major metros were the primary hotbeds of real estate activity, and now we are seeing double-digit price growth across the entire U.S., and intense interest in second homes in places like Boise, Idaho, and Eagle County up in the Colorado Rockies. This widespread demand is creating a new wave of second home markets with more moderate median home prices but the same types of amenities and outdoor recreation options typical of their more famous counterparts.” At the other extreme, El Dorado County, California saw the biggest decline in second home mortgage rate lock volumes, down by 62.5%, which was almost certainly related to this summer’s wildfires in Lake Tahoe. Cass County, Minnesota (-60.7%), Chelan County, Washington, and Beaufort County, South Carolina were just behind, both down 59% year over year. Most of these markets posted extreme growth the year before, which was not sustained.  Methodology Pacaso identified the nation’s top second home markets by compiling census data on counties with a percentage of seasonal homes and median home values at or above the top 20th percentile and by excluding those below the bottom 10th percentile of counties with the fewest households. Counties without at least 20 second home transactions in the period were also excluded from the analysis. Pacaso then analyzed real estate activity in the top second home markets by observing mortgage rate lock data, a leading indicator of second home buying activity. When applying for a mortgage rate lock, a home buyer must specify whether they are securing a mortgage rate for a primary home, secondary home or an investment property. Approximately 80% of mortgage rate locks result in home purchases. Mortgage rate lock data was provided by real estate analytics firm Optimal Blue and includes a sizable share of the market that is taken to be representative of the whole. Second home rate lock transactions and median purchase price data were sourced at the county level with the months June through August 2021 comprising the “summer” period in this analysis. 

Gain insights from industry experts on the latest in capital markets and what’s to come in tech in Pacaso's recent webinar hosted by co-founder and former Zillow CEO Spencer Rascoff. Jane Dunlevie, Global Head of Internet Banking, and Danielle Freeman, Managing Director, Equity Capital Markets, from Goldman Sachs joined Pacaso co-founder, former Zillow CEO, and Goldman alum Spencer Rascoff. Together, they discussed the 2024 capital markets outlook, explore IPO windows, and analyze the current landscape of tech stocks.  A few key takeaways included: Click

More people are buying second homes than ever before. Although the pandemic-induced buying frenzy slowed in 2021, second homes purchases remain historically high. In popular vacation destinations across the country, demand continues to rise, as do prices, with nearly all top markets seeing To determine the “We know that the pandemic fueled a major surge in second home buying demand, and that national demand peaked in the Rural southeast counties had highest rates of growth In addition to revealing the top second home market in every state, the analysis also highlights the percentage of growth each market has seen over the past year. Perhaps surprisingly, Top 10 markets with biggest increases in share of second home rate locks in 2021 High-priced markets more likely to see declines in rate locks Some markets, despite their popularity, experienced significant declines in their share of second home sales. Dukes County, which includes Martha’s Vineyard and 10 other islands off the southeast coast of Massachusetts, is the top second home market in that state. Still, it saw the biggest year-over-year decline in second home share among all top 50 markets that made the list, down 19.4% from last year. With an average second home price of $1.6 million, Dukes County is also one of the most expensive markets.  Price increases and limited inventory may have contributed to the annual decrease, as well as the emergence of other, more affordable markets with more inventory. Teton County, Wyoming — home to the popular Jackson Hole ski resort — has the highest average second home sale price of all the markets on the list: $3.4 million. It also saw a moderate dip in the share of second home mortgage rate locks, down 7.9% from last year.  Find your second home with Pacaso With prices and demand for second homes continuing to rise in many areas, co-ownership offers a more accessible, simpler option for would-be buyers. Pacaso has co-ownership listings in destinations across the U.S. and in Spain, and is rapidly expanding to new markets. Methodology Pacaso identified the top second home market per state by selecting the county with the highest total percentage of second home mortgage rate locks between January 1 and October 13, 2021, in each state. Counties without at least 50 second home transactions in the period were excluded from the analysis.  Mortgage rate lock data is an indicator of second home buying activity. When applying for a mortgage rate lock, a home buyer must specify whether they are securing a mortgage rate for a primary home, secondary home or an investment property. Approximately 80% of mortgage rate locks result in home purchases. Mortgage rate lock data was provided by real estate analytics firm Optimal Blue and includes a sizable share of the market that is taken to be representative of the whole. Second home mortgage rate lock transactions and average second home purchase price data were sourced at the county level. 

Marco Island is a barrier island on Florida’s southwest coast, known for its laid-back lifestyle and natural beauty. And few places capture that beauty more than Tigertail Beach, a must-see for every visit to Marco Island.  Given all of Marco Island’s high-rises and resort developments, you might not expect it to be home to one of the most ruggedly beautiful beaches in the Everglades region. Yet the white sands of One of just two public beaches on Marco Island, Tigertail Beach is actually a new beach. Tigertail Beach was an offshore sandbar until Hurricane Wilma hit the Paradise Coast in 2005 and sand piled up, connecting the beach to the mainland.  Tigertail is really two beaches in one, known by locals as the inner and outer beach. The inner beach is the most easily accessible, with multiple boardwalks connecting the Tigertail Beach parking lot with the sand. It’s a great family-friendly beach, with a beach cafe serving food and cold drinks, a playground, picnic area, watersports rentals and restrooms.  There’s even a bird-watching tower that offers amazing views of the wildlife. The inner beach is a nice place to spend a day and a good launch point for exploring the surrounding mangroves by kayak.  Tigertail’s outer beach, sometimes called Sand Dollar Beach, is accessible by wading across the saltwater lagoon. This is best done at low tide if you’re carrying a lot of gear or have young children with you, but it can also be done at high tide, when the depth is a few feet.  The best place to cross is marked by a floating buoy about 50 yards offshore. The lagoon bottom is a bit mucky and grassy, so you might want to rent a paddleboard or kayak to make the crossing if you don’t want to feel the “squish” between your toes.   Exercise caution when walking to the north end of the beach at low tide — you could end up surrounded by water when the tide comes back in.  Once you’ve made the crossing, your belongings held above your head, you’ll be rewarded with three miles of pristine, secluded coastal beauty. The outer beach boasts soft white sand, beautiful shells in a rainbow of colors, fiddler crabs scurrying around and pods of dolphins frolicking offshore.  The Tigertail beach tides constantly reshape the shoreline, creating sandbars, shallow pools, and shifting channels that make the landscape feel different from hour to hour. For the safest and most enjoyable experience, try to plan around these shifts: low tide is ideal for shelling and sandbar walks, while high tide is better suited to swimming and paddling. If you’re wondering what to do at Tigertail Beach, you’ll be glad to know there’s no shortage of options. This stretch of Marco Island is one of those spots where you can be as relaxed, or as active, as you want. Marco Island is easily accessible from Naples, Florida, via two bridges. Once you have arrived on the island, you can find Tigertail Beach at the end of Hernando Drive.  There’s a conveniently located parking lot with over 200 spots for beach lovers. Expect to pay $10 to park for the day if you don’t have a Collier County Resident Beach Parking Permit. The beach is open from 8 a.m. to sunset, year-round.  Tigertail Beach is just one of many unspoiled stretches of coastline on the Paradise Coast. When you co-own a second home with Pacaso, you’re not just visiting for a weekend — you have a home base that lets you experience Marco Island and the Everglades at your own pace.  With Pacaso co-ownership, you get:

Just two hours from Los Angeles but seemingly a world away, Lake Arrowhead is a charming mountain getaway surrounded by the San Bernardino Mountains. While the lake itself is reason enough to What are the best family-friendly Lake Arrowhead hikes? If you’re hiking with kids or just short on time, the Will Abell Memorial Trail is an easy and rewarding option. Spanning just 1.9 miles with 416 feet of elevation gain, it offers a leisurely trek with plenty of natural beauty. From the trailhead, the path winds gradually through the trees before opening to scenic lookout with views of Lake Arrowhead.  The history of how this trail makes it even more special. Once destined to be a luxury residential development, the San Bernardino Mountains Land Trust purchased these 80 acres in 2011, reforested the area and built the trail, which is named after a longtime Land Trust volunteer, Will Abell to honor his dedication to local conservation. For those looking for easy and relaxing hiking near Lake Arrowhead, take a short drive to nearby Lake Gregory. The Lake Gregory Trail is a 2.6-mile, mostly flat loop that circles the water’s edge, perfect for a peaceful and accessible hike. It’s a popular trail for families and dog owners thanks to its gentle terrain and beautiful views. Walk the loop in the morning, then spend the afternoon at If you only have time for one of the many Lake Arrowhead hikes, make it the Heart Rock Trail. This local favorite combines forest scenery, waterfalls, and just enough rugged terrain to feel like an adventure. The 1.8-mile loop follows Seeley Creek through shaded pines, passing a few small cascades along the way. The highlight is Heart Rock, a naturally carved, heart-shaped hollow beside a 20-foot waterfall — one of the most photographed landmarks in the San Bernardino Mountains. The route starts on a short paved road before turning into a rocky dirt trail, making it a moderately challenging hike that takes about 45 to 50 minutes to complete. Some sections can be uneven, so sturdy shoes are recommended. Because the trail can be tricky to follow in spots, it’s best to download a map ahead of time. For a peaceful forest walk with gentle elevation and plenty of mountain scenery, try the Dogwood Trail — a 3.3-mile loop that winds through towering pines and cedars. It’s ideal for families, campers, and anyone looking to stretch their legs in the fresh mountain air while snapping a few photos at scenic viewpoints along the way. The hike takes about 1.5 to 2 hours to complete, with an elevation gain of roughly 430 feet. The trail sits close to Dogwood Campground, making it a convenient option if you’re staying nearby. Just note that the campground closes seasonally in winter, which can add a bit of extra mileage to your route. What are some more challenging Lake Arrowhead trails? Less than 20 minutes from town, the Arrowhead Pinnacles Trail is a 3.5-mile out-and-back route that offers a rewarding challenge for experienced hikers. With an elevation gain of 1,036 feet, it’s considered moderately difficult with a steady climb though rugged terrain that feels far from the shaded Lake Arrowhead trails through the forest. Here,the landscape shifts to rocky scrubland dotted with boulders.  The first mile starts off easy, but soon the path becomes steeper, requiring some light rock scrambling to stay on course. It’s recommended you download a GPS map ahead of time to navigate the turns, and follow the cairns left by earlier hikers to point the way.  At the summit, you’ll be rewarded with sweeping views of the Mojave Desert, Silverwood Lake, and Mt. Baldy. At 7.2 miles long and an impressive elevation gain of 1,584 feet, The Crafts Peak Trail is a scenic out-and-back route perfect for hikers who are up for a challenge. The trail begins at the Green Valley Campground and winds along forest service roads, through rocky inclines, and ponderosa forests. As you near the summit, a short scramble to the top of the rock formation leads to  spectacular views — on a clear day, you can even see all the way to Big Bear Lake. It’s one of the most scenic Lake Arrowhead hikes for those looking to spend a few hours immersed in the mountains.  For a longer and more adventurous hike, explore the Deep Creek Hot Springs Trail to Bradford Ridge Path. This 5-mile out-and-back route features about 1,300 feet of elevation gain and takes roughly 3 hours to complete. The trail descends from pine-covered mountains into desert terrain, with one sandy, slippery section that can be tricky to navigate, so start early and wear sturdy shoes. At the bottom, you’ll find a peaceful set of natural hot and cold springs along the creek, where you can soak in the warm pools and cool off in the cold ones before making the climb back up. The stunning scenery and unique experience make this one of the most rewarding Lake Arrowhead trails for seasoned hikers. What are some tips for hiking in Lake Arrowhead? Hiking in Lake Arrowhead means exploring mountain terrain that can change quickly — from shaded forest trails to rocky ridgelines and exposed desert slopes. For a safe and enjoyable experience, preparation is key. Before heading out, consider these essential tips to make the most of your time on the trail: Why co-own a vacation home near Lake Arrowhead? There are so many great Lake Arrowhead hikes that a quick Each Pacaso home in Lake Arrowhead is thoughtfully designed and fully furnished, featuring open-concept living spaces, cozy fireplaces, and expansive decks perfect for morning coffee or evening sunsets. Ownership includes professional property management, maintenance, and is always stay-ready, so you can focus on enjoying the great outdoors, entertaining guests, or simply unwinding in your mountain retreat. After a full day of hiking, you can unwind in comfort or head out to enjoy other local experiences like

Travel can make it difficult to stay on track with your usual wellness routine. For those wondering how to stay healthy while traveling, the key is finding the right space—one that supports your lifestyle rather than disrupting it. Here are five thoughtfully designed, healthy homes that prioritize wellbeing, allowing you to maintain your routines, support your body, and leave you feeling refreshed. A pool with a view for movement and mindfulness A pool isn’t just a luxury—it’s a powerful wellness tool and a necessity among vacation-home amenities. This San José del Cabo estate offers a heated pool and spa ideal for laps, water aerobics, or post-workout recovery. But the true standout is the view: sweeping sights of the Sea of Cortez that turn every swim into a moment of mindfulness. Whether you’re floating under the sun or watching it set over the ocean, this waterfront retreat makes movement feel restorative and unhurried. A private sauna for recovery and reset Few at-home amenities support recovery quite like a private sauna. At this Lake Tahoe home, a cedar-lined sauna offers the perfect way to unwind after days spent on nearby slopes, trails, or simply enjoying the surrounding nature. Heat therapy helps soothe sore muscles, improve circulation, and encourage deeper relaxation, great for after a day on the slopes or a summer hike. A pickleball court that encourages play and connection Napa Valley naturally lends itself to wellness, and this four-acre estate embraces it fully. Set against rolling hills and vineyard views, the home’s private pickleball and basketball court invites friendly competition and easy movement. After a game, relax on the patio with farmers’ market finds or cool off with a swim. This is wellness rooted in joy, connection, and the simple pleasure of being outdoors. A fully equipped home gym for routine and consistency For those who value consistency and want to maintain their fitness goals, an in-home gym is an obvious choice. If you’re wondering how to stay healthy while traveling, a gym makes it easy, supporting strength training, cardio, or yoga with no need to search for local facilities. After your workout, head to the rooftop pool to cool off and enjoy a refreshing drink under the California sunshine. A tennis court for everyday movement This Palm Springs home makes it easy to stay active without ever leaving the property. A full tennis court invites spontaneous matches and heart-pumping movement, while the waterfall pool provides a refreshing cool-down afterward. With expansive desert views and resort-style amenities, wellness here feels both energizing and indulgent. Beach club access for resort-style wellness In addition to its at-home amenities, this exceptional home includes membership to the exclusive Palmilla Dunes Beach Club, featuring resort-style pools, a state-of-the-art fitness center, spa, tennis and pickleball courts, and oceanfront dining. With everything just minutes away, every day feels like a vacation—without sacrificing routine or comfort in your second home. How to stay healthy while traveling —before, during, and after Staying healthy while traveling isn’t about perfection, it’s about support. When your vacation-home amenities make it easy to move, recover, and recharge, wellness becomes a natural part of daily life. Thoughtfully designed at-home amenities help reduce stress, improve sleep, and boost energy, allowing you to enjoy time away more fully—and return feeling better than when you left. That’s where Pacaso homes stand apart. Designed as true second homes and professionally managed for ease and consistency, these spaces are created for real life, not just occasional getaways. Healthy homes aren’t just places to stay; they’re spaces designed to help you live well, wherever your travels take you.

South Carolina is home to some of the most beautiful and varied islands on the East Coast. And the best islands in South Carolina offer experiences for a variety of travelers, from those seeking luxurious golf course-lined retreats to quaint, small-town family getaways. In this guide, we’ll help you compare each destination by lifestyle, amenities and long-term appeal, so you know what to expect when buying a second home in the area. 1. Hilton Head Island Hilton Head Island offers one of the most well-rounded experiences on the South Carolina coast, blending family-friendly amenities with upscale touches. Golfers love it for its 20+ courses, and cyclists flock to the 60+ miles of scenic bike trails. With a robust dining scene that includes spots like Michael Anthony’s Cucina Italiana and The Jazz Corner, and high-end resorts, it’s no surprise that Hilton Head is one of the The Looking for a space that can accommodate a large group of family and friends? Check out 2. Kiawah Island If you’re seeking privacy, exclusivity and top-tier amenities, Its carefully planned community layout makes it feel peaceful and uncrowded, ideal for buyers who value serenity. That said, the controlled access and limited nightlife can feel a bit quiet if you’re used to more social or bustling beach towns. Still, as one of the best islands to live on in South Carolina, it offers a more quiet beach escape while having access to upscale amenities. Interested in purchasing a second house in Kiawah Island? Check out 3. Seabrook Island Seabrook Island offers a calm, residential alternative to its neighbor, Kiawah, with just as much natural beauty but a more understated atmosphere. The island is known for its peaceful pace, scenic marshes and low-density living. Plus, it’s home to a renowned equestrian center and two beautiful golf courses, Ocean Winds and Crooked Oaks. This South Carolina island is an excellent option for second-home shoppers who want a more local-feeling, lived-in community. While Seabrook has fewer shopping and dining options compared to other South Carolina beach towns, its appeal lies in what it doesn’t have: crowds, traffic and noise. 4. Edisto Island Edisto Island is a top pick for Edisto’s laid-back vibe makes it one of the best islands to live on in South Carolina for those who want peace over prestige. Just keep in mind, entertainment options and nightlife are minimal, making it a better fit for nature walks and stargazing than cocktail hours. 5. Fripp Island Fripp Island blends a private island experience with an approachable, family-first atmosphere. Located near Hunting Island State Park, this gated community is known for its abundant wildlife, bike-friendly roads and safe, easygoing environment. It’s particularly attractive to second-home buyers with kids or grandkids, offering amenities like golf carts, tennis and beach access within a close-knit community. The gated access adds to the sense of seclusion, though it can also mean more planning for guests and deliveries. 6. Daufuskie Island Daufuskie Island is perfect for buyers who want something rare and remote. With boat-only access, no traffic and a rich Its charm is undeniable, but living here means adapting to limited services and ferry-only transportation. If you’re  7. Folly Beach Folly Beach brings boho beach vibes and a surfer’s spirit, and it's all just minutes from downtown Charleston. It’s one of the liveliest South Carolina beach towns, with live music, beachfront bars and a casual vibe that attracts both locals and visitors. It’s also a great option for second-home buyers who want proximity to city amenities. But with popularity comes congestion: summer parking can be tight and beach access is best enjoyed early in the day. Still, Folly’s personality and location make it a standout on any coastal shortlist. 8. Isle of Palms Isle of Palms offers a polished resort feel with excellent proximity to Charleston. With long stretches of beach, access to Wild Dunes Resort and abundant water sports, it’s well-suited for second-homeowners looking for a balance of relaxation and recreation. Rental demand is strong, especially in peak season, making it a good candidate for passive income, though that popularity means the island can feel quite busy. Yet, it remains one of the best islands in South Carolina for families, thanks to its clean beaches and activity-rich environment. Located on the quiet side of the island, 9. Sullivan’s Island Sullivan’s Island strikes a rare balance between quiet charm and high-end living. It’s known for its quiet residential streets, upscale dining and historical landmarks like With restrictions on short-term rentals, the island stays peaceful year-round—a major draw for second-homeowners who prefer community over tourism. While it’s not a nightlife hotspot, the calm, consistent atmosphere is exactly what many buyers are looking for. For 360-degree ocean views and a mix of relaxing indoor and outdoor living spaces, check out Pacaso's 10. Hunting Island Hunting Island isn’t a place to buy a home but a place to reconnect with the wild. As a protected state park, this barrier island offers hiking trails like Lagoon Access Trail and Diamondback Rattlesnake Trail, historical lighthouse views and untouched beaches that feel like a world away. Since it’s not residential, it works best as a day-trip destination or nature-filled weekend outing, particularly if you own on nearby Fripp Island or Beaufort. 11. Bulls Island Bulls Island offers pure wilderness just a short ferry ride from the mainland. Part of the With zero development or commercial activity, Bulls isn’t a place to live, but it’s a must-see for second-homeowners nearby who want a taste of untamed South Carolina coastline. What to consider before choosing a South Carolina island Before choosing the best South Carolina island for your second home, consider the amenities provided, seasonal changes, and accessibility. When deciding on your slice of paradise, look at the following key factors: Find the island that fits your lifestyle with Pacaso At Pacaso, we help buyers find second homes in places that fit their lifestyle. No matter your preferences, we’ve got it: a luxury retreat on Kiawah Island, a family escape on Hilton Head or a laid-back surf town like Folly Beach. Our LLC co-ownership model lets you own a slice of a high-end second home for a fraction of the cost, with professional management and year-round enjoyment. 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Why should empty nesters consider downsizing? While the idea of leaving a long-time family home can feel emotional, downsizing during your empty nest stage of life is an opportunity to intentionally design a lifestyle that fits your current needs and priorities. Financial benefits One of the most immediate advantages of downsizing is the potential financial relief. Over time, these savings can add up, creating more flexibility and peace of mind. Lifestyle benefits Beyond finances, downsizing often leads to a noticeable shift in how you spend your time. Instead of managing a house built for a busy family, your home begins to support the life you’re living now. Emotional considerations Leaving a family home can stir up nostalgia — and that’s completely normal. For many empty nesters, downsizing becomes less about what they’re giving up and more about what they’re gaining. How do you choose the right home and space for your lifestyle? Once you’ve decided to downsize, the next step is finding an empty nester home that fits your lifestyle, not just your space requirements. Choosing the right home ensures your new chapter is comfortable, functional, and tailored to the way you live now. Here are some downsizing tips for empty nesters to help find a home that suits your needs. Evaluate your space and daily habits Start by thinking about how you actually use your home: Understand storage and organization Even a smaller home can feel spacious and functional if storage is planned thoughtfully: Choose the right home type Selecting an empty nester home that fits your lifestyle goes beyond size: How can you declutter and let go effectively? Most downsizing tips for empty nesters focus on the home. But one of the most challenging parts of downsizing is deciding what to keep and what to let go of. When approached thoughtfully, decluttering can feel empowering rather than overwhelming — a way to create a home that truly supports your lifestyle. Room-by-room decluttering Handling sentimental items Involving family How can you make the moving process less stressful? Moving, especially as an empty nester who is downsizing, can feel overwhelming, but careful planning can transform it into a smooth, organized experience. Creating a timeline Packing and storage tips Moving logistics How can you optimize a smaller home for comfort and style? Downsizing doesn’t mean sacrificing comfort or aesthetics. Smart furniture choices Maximize storage Make it feel bigger How can you enjoy more freedom after downsizing? One of the greatest benefits of downsizing is the lifestyle it enables. With less space to manage and fewer possessions to maintain, you gain time, flexibility, and energy to focus on what matters most.  For many empty nesters, this newfound freedom also opens the door to travel without the burden of managing another property. Co-owning a second home through Pacaso allows you to enjoy a fully furnished, professionally managed vacation home, making it easy to travel more while keeping your primary residence simple and low-maintenance. How to downsize with Pacaso co-ownership The best downsizing tip for empty nesters One of the smartest ways to make downsizing work for your lifestyle is to pair it with a second home — without taking on the full responsibilities of traditional ownership. Pacaso removes the complexity of second-home ownership by handling furnishings, management, and ongoing upkeep, so you can focus on enjoying your time instead of managing another property. This approach aligns perfectly with downsizing: less space to maintain at home, and more freedom to travel, relax, and explore. With Pacaso, you can: If you’re curious about how it all works, Downsizing during your empty nest stage of life doesn’t mean limiting your life. The best downsizing tips for empty nesters focus on freeing up time, resources, and energy to live the lifestyle you’ve been imagining — and Pacaso makes that not only possible, but easy. With less home to maintain and more freedom to travel, pursue hobbies for empty nesters, and create new experiences, downsizing becomes a gateway to the life you truly want.

Cabo may be known for its sun and surf, but there are so many more things to do in Cabo than lounging by the water (though that’s certainly part of the appeal).Visitors come from all over the world for world-class resorts, energetic nightlife, lazy days on the water, or simply to feel rejuvenated. With its rich history, vibrant culture, varied landscapes, and endless sunshine, Los Cabos is the kind of destination that warrants repeat visits – and co-owning a second home with Pacaso makes it easy to return and experience it all. What are the different parts of Cabo? Los Cabos sits at the southern tip of the Baja California Peninsula and includes both Cabo San Lucas Cabo San Lucas Often referred to simply as “Cabo,” Cabo San Lucas is the heart of the action. This is where you’ll find the lively marina, iconic landmarks like El Arco, and many of the most popular things to do in Cabo. Days are spent sailing, lounging at beach clubs, or soaking up the sun on Medano Beach, while nights come alive with restaurants, nightlife, and sunset cocktails overlooking the water.  It’s the most energetic and activity-filled area of Los Cabos, making it a favorite for first-time visitors and those who want to be close to it all—while still enjoying plenty of elevated, luxury experiences tucked just beyond the buzz. All-inclusive resorts and San José del Cabo For a more relaxed, culture-forward experience, San José del Cabo offers a slower pace and a deeper connection to local history and art. The cobblestone streets and charming plazas of old town are ideal for leisurely strolls and a thriving gallery scene adds depth and creativity to the town’s laid-back atmosphere. Boutique shopping, farm-to-table dining, and weekly art walks give this area a distinctly refined, authentic feel.  Known for its elevated coastal living, many luxury The Corridor Stretching between Cabo San Lucas and San José del Cabo, The Corridor is known for its sense of privacy and exclusivity. Here, luxury resorts, championship golf courses, and pristine beaches line the coast, offering a more secluded take on Cabo living. It’s a favorite for those who want space to unwind—whether that means ocean-view mornings, poolside afternoons, or teeing off with dramatic coastal backdrops.  The Corridor strikes a perfect balance between accessibility and escape, often considered one of the best places to live in Mexico for those seeking laid-back luxury along the coast. Things to do in Los Cabos While there’s more to Los Cabos than the sun and surf, there’s no denying that some of the best things to do in Cabo involve the ocean. Ocean activities Los Cabos is a paradise for anyone who loves the water. With the Sea of Cortez on one side and the Pacific Ocean on the other, there’s no shortage of ways to enjoy the sun, surf, and sea. Cabo outdoor adventures If you love a little adrenaline and fresh air, Los Cabos is an adventure playground. From desert landscapes and rugged canyons to sweeping ocean views, there are plenty of exciting things to do in Los Cabos for adventurous spirits. Leisure activities Sometimes the best way to enjoy Los Cabos is at a slower pace—enjoying the culture, flavors, and style of the region. From world-class golf to boutique shopping, there’s no shortage of ways to indulge. Wellness & relaxation Los Cabos isn’t just about adventure—it’s also the perfect place to slow down, recharge, and connect with nature and yourself. Things to do in Cabo that keep you coming back With so many unforgettable things to do in Cabo, it’s no surprise that many visitors start imagining what life here could look like beyond a brief vacation. From mornings on the water and afternoons exploring desert trails to evenings spent dining, unwinding, or watching the sunset from your terrace, Cabo offers a lifestyle that’s easy to fall into—and hard to leave. That’s why Los Cabos is often considered one of the best places to live in Mexico, especially for those seeking a balance of luxury, adventure, wellness, and everyday ease.  With Pacaso,

Minimalist architecture feels right in Miami Minimalist architecture has a natural home in Miami, where light, water views, and an outdoor first lifestyle reward clean lines and open space. In the best Miami vacation homes, minimalism does not mean bare. It means every material, sightline, and piece of furniture is chosen for comfort, calm, and function, so the home feels composed the moment you arrive. Minimalist architecture as a vacation home lifestyle For buyers, minimalism is often about protecting time and attention. Mornings start with coffee in a bright kitchen. Afternoons move naturally to outdoor lounging. Evenings feel easy because the space is designed to host without constant setup or visual noise. This is where minimalist architecture becomes a lifestyle choice, not a design trend. A well done minimalist plan also creates flexibility. The same great room that feels calm for two people can scale up for a dinner with friends, because circulation is simple and furniture placement is deliberate. The home does not ask you to manage it. It supports how you want to live in Miami. A Miami Beach example where minimalism meets waterfront ease On Miami Beach, a pared back If your idea of Miami second-home living includes morning laps and evenings outside, Not the one? The minimalist kitchen as the center of the home In a minimalist home, the kitchen is rarely a showpiece for its own sake. It is a functional command center that makes entertaining feel smooth. Look for clear prep space, integrated storage, and finishes that feel calm in daylight and evening light. The best kitchens in Miami support both a quick breakfast before the beach and a longer dinner when friends join you. This is also where minimalism feels most sophisticated. When cabinetry, counters, and lighting are simplified, the experience becomes about how the space works. It is easier to keep the home feeling composed, and easier to enjoy it as a true getaway. In Miami Beach, Minimalist outdoor living in South Florida Minimalist design shines outdoors in Miami, where patios and pool decks are used as true living spaces. The best designs create zones that feel intentional without filling them with extras. Think one dining area that seats well, one lounge area that works day and night, and lighting that makes the space usable after sunset. Nearby waterfront neighborhoods also show how minimal outdoor design supports entertaining. A calmer way to own Miami vacation homes Pacaso co ownership fits naturally with minimalist living because it removes the ongoing friction that can come with a second home. You get a professionally managed place in Miami that is ready for the weeks you want to be there, so your time is spent enjoying the city, not managing a checklist. Continue the design conversation and explore Miami If you want more inspiration on homes with strong design, read Ready to see this aesthetic in real life. Start with

South Carolina’s coastline is a treasure trove for vacationers seeking lowland luxury with stretches of wild, idyllic beaches along its 2,876-mile Atlantic edge. Millions of visitors visit the coast each year for its laid-back atmosphere and natural beauty, especially the coveted barrier islands. Exploring the Palmetto State often boils down to choosing Kiawah Island vs. Hilton Head, two destinations known for distinct vibes and visitor experiences. No matter which island you choose, you can expect pristine beaches, abundant wildlife and modern amenities during a coastal getaway. However, each island differs in size, atmosphere, urban access and amenities. This guide breaks down key characteristics of each destination, so you can choose the coastal town that best aligns with you. Location and accessibility  Kiawah Island is easily accessible from The Savannah Highway connects the island to the mainland, so ferry access isn’t necessary. With narrow roads, congestion is common during high season, so plan time for delays when visiting in summer. Since Kiawah Island is a largely private, gated community, visitors typically need to provide their reservation or guest details at the gate. Hilton Head  Hilton Head Island is just over 100 miles southwest of Kiawah Island and about an hour drive from Savannah, Georgia, and the Savannah/Hilton Head International Airport (SAV). While arriving in a major city is ideal for some visitors, some choose the regional Hilton Head Island Airport (HHH), which places them close to major attractions. The Island is easily accessible by car along the U.S. Highway 278. Roads are well-maintained and easy to navigate, with the William Hilton Parkway and Cross Island Parkway connecting guests to most tourist attractions and accommodations. While there is no vehicle ferry,  passenger boats operate short trips to Daufuskie Island for visitors looking to explore nearby areas. Beaches and scenery Both locales, Hilton Head and Kiawah Island, are On both islands, expect warm waters, a gentle surf and soft tan sand along wide stretches of flat shoreline, perfect for multigenerational swimmers and sunbathers.  Kiawah Island  Kiawah boasts 10 miles of award-winning beaches, and access is almost exclusively private, resulting in fewer crowds and increased exclusivity. The island's only public option is Beachwalker Park, with the rest reserved for residents, resorts and guests.  Kiawah is a nature-focused community that offers a 30-mile trail system and five public golf courses on-site. The famous Oceans Course offers Atlantic shoreline views at every hole and is carefully developed around wild salt marshes and windswept dunes, reflecting to Kiawah’s passion for land and sea conservation. Hilton Head  Hilton Head boasts 12 miles of public beachfront, making it an ideal destination for day visitors seeking an accessible and social experience. Entry points are well-maintained and offer restrooms and ample parking for larger crowds. The island is more densely developed than Kiawah, but it also prides itself on ecological preservation. The 4,000-acre Pinckney Accommodations  Kiawah Island hotels are smaller, low-rise, and blend with the natural surroundings, with average nightly rates lower than Hilton Head. Hilton Head resorts are larger, more expensive, and offer more social and family-oriented amenities. Kiawah Island Kiawah Island charges premium prices for resort access. According to Popular accommodations include: Each hotel embraces eco-luxury and elegance with low-rise construction, aligning with the natural landscape rather than catering to a developed nightlife scene.  Hilton Head  Hilton Head’s top-tier accommodations skew higher than those in Kiawah Island, but with a larger footprint, there are options at varied price points. According to Coveted Hilton Head hotels include: These properties prioritize an active, social atmosphere with beachside pools, live entertainment and amenities for families on-site. Dining Dining in Hilton Head vs Kiawah Island boils down to two distinctly coastal yet contrasting cuisines. Both islands offer a range of casual and finer establishments, with Kiawah specializing in intimate and natural venues, while Hilton Head caters to larger, social dining options.  Kiawah Island  Kiahwah Island focuses on locally sourced seafood dishes with a Local favorites include:  When comparing Kiawah to Hilton Head regarding nightlife, the scene is more subdued. Head to Freshfields Village for craft cocktails and live music against a quiet beach setting.  Hilton Head  Hilton Head Island houses over 250 eateries within its 12 miles, ideal for those seeking a broad culinary experience. While traditional seafood dishes like oysters and fresh-caught shrimp are plentiful, international options like Italian, Caribbean and Japanese also abound.  Crowd favorites include:  Nightlife is found in all pockets of Hilton Head due to its livelier, developed atmosphere. For beach fun, The Tiki Hut on Coligny Beach is perfect for waterside entertainment. After hours, enjoy a series of bars and live music venues at the Shelter Cove Harbour & Marina. Real Estate  When comparing Hilton Head to Kiawah Island’s real estate costs, there are some differences in the cost of living, but both resort towns sit above than the U.S. national average and have a notably affluent communities. Kiawah Island  According to the Kiawah Conservancy, Hilton Head  Hilton Head is nearly four times the size of Kiawah Island and much more developed, which offers a wider array of housing. The average cost of a home on the island is Kiawah Island vs. Hilton Head comparison  When choosing between a visit to Kiawah Island vs. Hilton Head, compare the commute, activities and overall expense. This chart highlights key differences between the two destinations. Who should choose Kiawah Island? Kiawah Island attracts visitors and residents who value luxury, romance and seclusion. Who should choose Hilton Head?   Hilton Head is best for families, social travelers, groups, and golf enthusiasts who want access to a range of courses. While beachfronts may be more crowded, they’re often filled with activities and amenities that are readily accessible. Families can supplement time on the coast with time in the island preserves or at the Coastal Discovery Museum. Get your dream coastal home with Pacaso  Whether you choose Kiawah or Hilton Head, simplify logistics by enlisting Pacaso as your guide towards

Picture-perfect destinations like Big Sky, Montana and Jackson Hole, Wyoming are coveted ski towns with sweeping views, iconic slopes and close-knit communities. With two strong options to choose from, it’s hard to decide between Big Sky vs. Jackson Hole for your dream residence.  The decision comes down to compatibility. These two mountain towns share many characteristics, but also vary in size, amenities, slope options and atmosphere. This comparison guide breaks down each resort town’s unique personality, so you can decide which one works best with your lifestyle. A quick overview: Big Sky vs. Jackson Hole Jackson Hole and Big Sky are popular The popular town caters to urban-minded nature lovers, and its center exudes deeply rooted Western culture at every turn. Annual attractions include the Grand Teton Music Festival, Jackson Hole Rodeo and Old West Days for a snapshot of local mountain life.  The quaint yet lively town is best for a private, relaxed second-home experience, located 50 miles south of Bozeman Yellowstone International Airport. However, Town Center and Mountain Village offer year-round dining, shopping and entertainment options.  Does Big Sky or Jackson Hole offer better skiing?   When considering Big Sky vs. Jackson Hole skiing amenities, compare the resorts’ acreage, number of lifts, tourist densities and overall cost. Big Sky is more varied and vast, over double the acreage of Jackson Hole.  Big Sky offers a convenient network of lifts and a scenic tram, while Jackson Hole shines with challenging runs that sometimes require backcountry treks. Both receive over 400 inches of annual snowfall and are world-renowned as top Big Sky Big Sky Resort is known for its variety and called “The Biggest Skiing in America” for good reason, boasting over 300 official runs on 5,850 acres of skiable terrain. The Lone Peak Tram lifts passengers 11,116 feet high, and a network of 39 additional lifts provides easy access to other runs in the massive range.  The slopes are rated for all ski levels, from beginner-friendly routes like Lower Morning Star to challenging double black diamond runs like Big Couloir. The trails tend to be less crowded, and you can expect more than one acre of terrain for every skier, lending to a peaceful, wait-free experience.  Jackson Hole Jackson Hole Mountain Resort is nestled in the steep slopes of the Teton Range and stretches about 2,500 acres, with 133 named runs and comprehensive backcountry access. Only 10% of the resort’s trails are beginner-friendly, and there are only 13 lifts. The Aerial Tram climbs 10,450 feet in less than nine minutes and leads to the resort’s most famous runs.  Ambitious runs bring ambitious crowds, so you can expect longer lines and heavier trail traffic during peak season. Teton Village is in the heart of the resort and is especially busy, but popular despite the crowding for advanced skiers chasing unforgettable descents into scenic powder drops. Year-round activities Whether you’re living in Big Sky, Montana, vs. Jackson Hole, Wyoming, you can expect robust activities beyond the ski slopes. Both destinations host annual festivals, scenic tram views and outdoor activities like kayaking and hiking.  Big Sky tends to be a few degrees cooler year-round and brings in fewer crowds, while Jackson Hole attracts tourists and has a slightly warmer summer season. The key difference between the two Big Sky Big Sky’s alpine meadows and evergreen forests bloom from late spring to early fall, best seen hiking or mountain biking through the region's 50 miles of scenic trails. The Big Sky tram offers relaxed views of Lone Mountain and its encompassing range, carrying passengers 9,024 feet to its summit.  Big Sky is about an hour from Yellowstone National Park’s West Entrance, providing convenient access to the park’s most popular attractions, such as the Grand Prismatic Spring and Old Faithful Geyser. Attractions beyond the skiing season include an annual summer concert series, food and wine festival and the annual Big Sky PBR event. Jackson Hole Jackson Hole comes alive in the warmer months, offering experiences like horseback rides in the Teton mountain range to whitewater rafting adventures down the Snake River. Snow King Mountain is a popular summer attraction for families. The ski hill transforms into an adventure park that offers a roller coaster, zip line and mini-golf.  Town Square hosts weekly farmers’ markets and outdoor concerts that showcase the destination’s Western traditions and crafts. The Jackson Hole Fall Arts festival features local creatives, food and music over the span of 12 days each September, with more offerings comparing Big Sky vs. Jackson Hole in the summer. Jackson Hole is about 10 minutes from Grand Teton National Park and about an hour from the south entrance of Yellowstone National Park. However, commutes can reach 2 hours during high season. This side of the park is ideal for exploring the Lewis River corridor and wildlife spotting. Community and culture  Community aspects in Jackson Hole vs. Big Sky break even in terms of outdoor recreational access and appreciation, but differ in many other ways. Jackson Hole is about three times larger in population than Big Sky and has more rooted cultural gatherings and festival lineups.  Big Sky is home to just under 3,000 locals and therefore has a retreat-like, close-knit feel. While it draws tourist crowds and has foundational community services, it tends to be more sparse and quieter than its Jackson Hole counterpart.  Big Sky Big Sky is a community-minded resort town where residents prefer to connect over long hikes and escape to the powdered slopes. Newcomers can expect a slow build on friendships, but Nightlife and shopping options are fewer than in Jackson Hole, and Bozeman offers city conveniences about an hour away. Many locals prefer the neighboring city for gathering goods, Jackson Hole Jackson Hole is home to a blend of long-standing residents, nature enthusiasts and part-time owners who value culture as much as the great outdoors. This brings residents from all walks of life to the town and fuels a variety of activities year-round.  Dining and nightlife Both Big Sky and Jackson Hole evoke the vision of a cozy, classy ski lodge serving perfectly balanced cocktails and tasty, decadent bites. You can have this in the resort areas of each town. However, the two differ in a few ways.  Living in Big Sky, Montana, may be a challenge for residents who enjoy the novelty of a new restaurant or bar every week, with a smaller selection. But what it lacks in volume is made up for in quality, with specialty options like dinner and stargazing at the Montana Dinner Yurt or a Sleigh Ride Dinner at Lone Mountain Ranch.  Jackson Hole has options for everyone, from tapas to sushi spreads. The town hosts the Jackson Hole Culinary Festival in June and the Jackson Hole Food & Wine Winter Fest in February as a way to showcase its culinary diversity. Most nightlife venues are in the town’s downtown on a walkable stretch of streets, while others are nestled in Teton Village. Big Sky Big Sky’s smaller culinary selection is carefully curated with both upscale and casual eateries. Fine dining options, such as Everett’s 8800 and Horn and Cantel, offer farm-to-table fare, including bison short ribs and wagyu burgers. Family-friendly spots like Cafe 191 and Blue Moon Bakery provide comfort classics such as hand-tossed pizza and chicken-fried steak. For a unique experience, the Montana Dinner Yurt hosts a three-course dinner and is only accessible by a snowcat that plows through a scenic stretch of alpine forest. According to a local The most popular nightlife spot in town is Tips Up Big Sky, located in its center. You can expect shuffleboard and pool tables, live music and a diverse crowd in this cozy yet consistently busy hotspot. Jackson Hole Jackson Hole has a broader food and nightlife scene due to its size, offering a wider range of options for residents. One standout restaurant is the Steadfire Chophouse, offering a pasture-to-plate menu that serves caviar, oysters royal and a selection of fine steaks in Teton Village.  Those living in Jackson Hole and seeking an affordable, less touristy option can take For nightlife, many flock to the Million Dollar Cowboy Bar for nightly live music and western charm. Cost of living Whether you settle in Big Sky or Jackson Hole, you’re joining a highly coveted resort community, so prices are on the premium end. The cost of living in Big Sky Montana is a touch more affordable than Jackson Hole, but value is on the rise in both destinations. HOA fees, taxes and frequent seasonal turnover can also increase the overall cost of living, making both locales Big Sky According to Taunya Fagan’s There’s only one major grocery store and hardware store in town, and a local mentions the high prices which frequently drive residents to shop elsewhere: “Definitely do it in Bozeman. It's even worse than the typical resort markup. I saw a dozen eggs for $19 last week.” Jackson Hole The cost of living in Jackson Hole, Wyoming, was recently analyzed in the Keller Williams 2024 Grocery and household stores are more numerous in Jackson Hole than in Big Sky. While prices are elevated, having options allows shoppers to better compare prices. Healthcare and education Big Sky and Jackson Hole each provide 24/7 emergency care, but Big Sky residents may need to travel to Bozeman for specialty services. Jackson Hole’s school system is larger and is home to a top-tier high school, while Big Sky’s district and student population remain comparatively small. Both locations offer families easy access to outdoor education and recreation. Big Sky Bozeman Health Big Sky Medical Center provides 24/7 emergency care and pharmacy services in the Meadow Village region of Big Sky. For specialized care, residents often head to Bozeman Health Deaconess Hospital, with Big Sky’s school system consists of Ophir Elementary, Ophir Middle School and Lone Peak High School. The student-to-teacher ratio ranges from 10 to 12 students per teacher, supporting more personalized learning. The district also offers experiential learning programs like Expedition Yellowstone, an immersive park experience for fourth graders.  Jackson Hole Living in Jackson Hole, Wyoming, is ideal for those who want convenient, low-logistical healthcare. The St. John’s Health campus is comprehensive with full in-patient services, cardiology and surgery centers and cancer care. They also manage off-campus emergency centers conveniently located in Teton Village.  Teton’s school district houses 2,800 K-12 students and has a student-to-teacher ratio of about 1:11, fostering strong classroom relationships. Housing Both cities offer high-end real estate options suitable for an upper-income individual or family. Prices stay elevated due to the limited availability of properties, although recent developments in Big Sky have increased the number of available homes compared to Jackson Hole. Both towns boast scenic alpine views, and the Big Sky Big Sky has several large-scale communities like Yellowstone Club and Moonlight Basin designed for skiers seeking quick slope access and amenities. Newer town homes can be found in Town Center and Meadow Village, which are steadily growing into more robust residential districts.  The town is exclusive but more accessible for new residents than Jackson Hole. This is because of flexible local building codes and a resort tax that funds housing initiatives. You can also explore neighborhoods near the Gallatin River if you don’t mind driving 15 minutes to the slopes.  Jackson Hole Jackson Hole’s larger footprint comes with a wide variety of housing options, from luxurious homes in the prestigious John Dodge neighborhood to condos in the heart of downtown. The town center is walkable, and most areas are close to cultural attractions, making it best for those who prefer a livelier pace.  However, housing inventory is extremely limited in Jackson Hole, largely due to building limitations designed to protect natural wildlife areas and ecosystems. Its proximity to world-class national parks and packed peak-season travel also makes it challenging to find consistent housing without a substantial investment.  Big Sky vs. Jackson Hole: Which should you choose? Living in Big Sky vs Jackson Hole comes down to your personal preferences. If you want the slow pace of a close-knit community on a rural stretch of paradise, Big Sky is best. If you want immersion into nature with access to amenities, Jackson Hole is more aligned to your lifestyle.  If you’ve dreamed of

Nearly every region of the United States has a mountain range that’s a fitting backdrop for your next mountain getaway — or, better yet, a mountain getaway that doubles as your To help narrow your search, we’ve selected 27 of the best mountain getaways (in no particular order), including where, when and why to visit each. 1. Great Smoky Mountains (Tennessee) Second home buyers looking for a charming mountain town that has it all cannot afford to skip over Gatlinburg, Tennessee. Enjoy strolling Gatlinburg’s Parkway, riding the trolley or checking out the quaint shops and bustling nightlife amidst the Smokies. 2. Sangre de Cristo Mountains (New Mexico) Considering a second home in the mountains? Taos, New Mexico, offers optimal views of the Sangre de Cristo Mountains and everything that an art lover could desire: sculpting workshops, galleries and indigenous culture museums.  3. Rocky Mountains (Colorado) If you’re looking for a luxury mountain getaway with world-class skiing, upscale shopping, and cozy après-ski lounges, Colorado’s Rocky Mountains deliver all that and more. It’s a dream destination for those seeking both skiing adventures and tranquil sights. And it’s also home to some of Pacaso’s most sought-after second homes. 4. Blue Ridge Mountains (North Carolina) The Blue Ridge Mountains in North Carolina are an ideal pick for second home seekers who want easy access to the Blue Ridge Parkway. This stretch of scenic highway is known for its sweeping overlooks, quiet picnic spots, and some of the best fall colors in the country.  5. Sierra Nevada (California) 6. Chugach Mountains (Alaska) Anchorage is Alaska’s largest city, with plenty of attractions for second home buyers who want to enjoy a snowy retreat for the whole family to enjoy. 7. Mount Rainier (Washington) When the mountain is “out,” it’s cause for celebration all around the Seattle-Tacoma area. Mount Rainier is an active volcano, but the last major eruption was in 1894. The mountain boasts wildflower meadows and ancient forests.  8. Cascades (Oregon) If your ideal mountain getaway includes craft breweries, stunning views, and outdoor adventure, the Cascades in Oregon should be on your radar. With access to snow-capped peaks, alpine lakes and endless trails, this region is a year-round haven for nature lovers. 9. Adirondack Mountains (New York) Visitors and second home buyers with kids will fall in love with the weeklong 10. Catskill Mountains (New York) Those hailing from the New York and New Jersey area can breathe easy in the fresh air of the Catskill Mountains. 11. Laguna Mountains (California) Not ready to say goodbye to city comforts? Then you’ll like the close proximity of the Laguna Mountains to urban hubs like 12. San Bernardino (California) A mountain getaway that’s close to L.A. but worlds away from the hustle may just be paradise. The San Bernardino Mountains offer a peaceful, elevated retreat perfect for couples and families alike. 13. McDowell Mountains (Arizona) If you prefer desert sunshine with your mountain views, the McDowell Mountains in Arizona offer a unique and luxurious alternative to the snowy cliffs. Its Sonoran allure can impress anyone. And, you can enjoy outdoor activities year-round without the cold.  14. Ko’olau Range (O’ahu, Hawai’i) The east side of the island of O’ahu is home to some of the most 15. Olympic Mountains (Washington) Families will revel in the abundance of adventures on Washington State’s Olympic Peninsula, a half-day of travel from the hubs of Tacoma and Seattle. 16. Mount Shasta (California) Mt. Shasta is a tiny town at the foot of majestic Mount Shasta, a potentially active volcano in the southern end of the Cascade Range. It tops out at 14,179 feet.  17. Black Hills (South Dakota) Nature lovers and history buffs searching for a second home won’t want to miss Keystone, South Dakota. It’s full of historic charm and is dotted with wood sculptures of Bigfoot, Smokey Bear and other whimsical creatures that kids will love.  18. Haleakalā (Maui, Hawai’i) Maui is home to some of the most 19. Pocono Mountains (Pennsylvania) Residents of Philadelphia and New York City can enjoy owning a second home near the Pocono Mountains. Perfect for a fall getaway, the Poconos area is dotted with tiny towns that make for charming day trips. 20. White Mountains (New Hampshire) Consider opting for a second home in 21. Grand Tetons (Wyoming) Teton Village and Jackson, Wyoming, offer stunning views of the Grand Tetons and nearby Yellowstone National Park, making this second home mountain getaway ideal for any nature lover. 22. Wasatch Mountains (Utah) The Wasatch Mountains combine epic terrain with a lively mountain-town energy, making them a top pick for luxury second homes. It’s a fantastic destination year-round, offering both hiking and beautiful, relaxing views. 23. Bighorn Mountains (Wyoming) Sheridan, Wyoming, is the ultimate in quaint mountain towns, rich in history and charm. Families and friends can relax in the great outdoors when they call the Bighorn region their home away from home. 24. Sierra la Laguna (Mexico) The Sierra de la Laguna mountains, tucked into the southern Baja California peninsula, offer a truly unique landscape. Mountain trails meet sun-drenched beaches to charm explorers with tropical warmth. 25. French Alps (France) The French Alps are the gold standard for European mountain getaways. With majestic peaks, Michelin-starred cuisine and picturesque Alpine villages, this region offers a romantic blend of adventure and elegance. 26. Dolomites (Italy) Italy’s Dolomite Mountains offer a storybook setting for those looking to combine natural beauty with Old World charm. Think alpine trails, historic villages, and panoramic views with the quintessential Italian flair. 27. Canadian Rockies Rugged, vast and wildly beautiful, the Canadian Rockies are a bucket-list destination for second home seekers who crave the great outdoors. Discover your dream mountain vacation home with Pacaso Whether you’re seeking romantic mountain getaways, looking to explore the Rocky Mountains, or dreaming of a tranquil retreat in the French Alps, you can find your own perfect mountain escape. With Pacaso’s professionally managed LLC co-ownership model, owning a luxury second home in your favorite destination is easier to achieve than ever. From Steamboat Springs to Scottsdale, and even Tuscany, our listings offer mountain getaways for couples, families and adventurers alike. Browse

There are far better vacation options, including: Let’s explore each alternative and explain how it differs from the typical reasons not to 1. Second home co-ownership  Second home co-ownership is when a property is jointly owned by multiple people. Buying a vacation home is a greater upfront expense than a timeshare, but you don’t have to be the sole owner. With this timeshare and Whether you’re buying with a group of friends or buying a Pacaso second home, you still have true real estate property ownership. You’re not just buying the right to use a hotel or condo-sized space for a set period. Timeshares are notoriously difficult to sell due to the many rules and limitations owners must abide by. The timeshare is also one of many identical units, creating an imbalance between supply and demand. On the other hand, unique homes attract buyers who must compete against each other in the whole housing market.   Browse a plethora of luxury co-ownership options all over the world with Pacaso’s 2. Vacation rentals Vacation rentals are furnished spaces that are rented out on a short-term basis. Airbnb is as popular as ever, with 265 million users and over 7.7 million listings, according to Lighthouse. People choose vacation rentals because renting a property from a private owner is often cheaper than comparable hotel rooms, and they often give travelers added perks like kitchens and convenient locations. However, vacation rentals can come with charges like cleaning fees, sometimes making them even more expensive than hotels.  Vacation rentals are considered preferable alternatives to timeshares because they give greater flexibility in where and when you can vacation. You’re only paying for specific days, so you aren’t on the hook for yearly fees on top of the purchase price of a timeshare.   Timeshare owners often sell their timeshare days when they can’t use them, giving vacationers the option to visit the same timeshare facility without the long-term commitment.  3. Hotels Although Hotels often provide discounts to certain groups (like the military and AAA) or offer discounted rates throughout the year, making them even more affordable. Some hotel chains offer rewards programs, so the more you stay there, the more you get back. 4. Hostels  A hostel is a budget-friendly alternative to hotels with dormitory-style rooms and communal areas. They’re ideal for backpackers and young travelers seeking a social vacation where they might meet people from all walks of life.  Hostels are typically sparse in accommodations compared to timeshares, but the trade-off is worth it for people who enjoy different locations every year. You can find various types of hostels on apps and sites like Booking.com. In a budget hostel, you may stay in a room with six or more people. A boutique or luxury hostel may offer more upscale vibes and cleaner amenities, while party hostels host social activities and late active hours.  5. Resorts Resorts offer an all-inclusive appeal of many of the best timeshares, such as private beach access, live entertainment, gourmet food and guided tours. You’ll spend less time planning all the details of your vacation, leading to less stress and more time enjoying your break.  Just like hotels, resorts give you the flexibility to stay for longer or shorter durations than a timeshare. You won’t be boxed into traveling at predetermined times of year, and you can visit whenever you want. One example of a famous luxury resort is the Four Seasons Resort Hualalai in Hawaii, which boasts many amenities like spas, pools, beach access, multiple restaurants and exceptional customer service. 6. Travel clubs Travel clubs offer group travel rates to various destinations. Travel clubs operate similarly to timeshares and vacation clubs, while being slightly more affordable. Travel clubs require yearly membership fees, and some clubs also charge maintenance fees. These combined costs are often lower than those of vacation clubs. The benefit of travel clubs is that they arrange for group rates, making your stay cheaper while giving you the benefit of travel companions. Oftentimes, the club is centered around a shared trait, like a hobby or age group.  Aside from the social aspect of travel groups, travel clubs also free you from long-term commitments. Even the cost of an inexpensive timeshare begins to add up over the years if you aren’t able to sell it. Since membership in a travel club is yearly, you’ll only lose what you’ve already spent.  7. Vacation home ownership One big draw of owning a timeshare is the dependability of returning to the same destination year after year while avoiding the rising costs of accommodations. Buying a second home in a vacation destination gives you those same benefits and more.  Unlike a timeshare, buying a vacation home gives you real equity in the property, so you have the potential to recoup the money you put into it over the years. Timeshares rarely appreciate in value, and due to the many When you have your own vacation home, you have the freedom to use it as much as you want. In contrast, most timeshare options only allow you to use them once per year and have fixed scheduling limitations.  8. Vacation clubs Vacation clubs are travel services that offer members access to different vacation locations and amenities within their network of affiliated properties. For example, a Holiday Inn Club membership works by purchasing credits. However, many clubs have blackout dates that restrict your ability to travel unless you pay more money. Depending on the club you join, it could cost more per year than even luxury timeshares, but you’ll have easier access to multiple destinations. 9. Fractional ownership Fractional ownership is a collaborative investment where multiple parties share ownership of a vacation property. Each investor maintains specific ownership rights and entitlements to the asset based on their contribution. Fractional ownership is similar to vacation home co-ownership in that you can schedule specific usage times and/or access to different parts of the property.  Splitting the costs of a vacation home comes with benefits like owning a home in a luxury location that you might not otherwise be able to afford. You also share upkeep and maintenance costs. However, it also means all major decisions must go through all ownership partners. You’re also splitting benefits, leading to potential disagreements between owners. How to resell your timeshare?  As you browse timeshare exit vacation alternatives, you may wonder how to best get out of a timeshare. Though it can be difficult, there are a few ways to resell your timeshare. Here are some options: Consider second home co-ownership These timeshare alternatives may help you avoid a major scam and stick to your original goal of enjoying a beautiful vacation with your loved ones.  Unlike a timeshare,

Pacaso is a team of real estate and tech veterans with a mission: Enrich lives by making second home ownership possible and enjoyable for more people.  We offer buyers a smarter way to approach owning a second home: professionally managed Buying and owning a second home through Pacaso dramatically reduces costs and lessens management and scheduling hassles. This lets buyers who are sitting on the sidelines have the chance to become true property owners of a home that previously was beyond their price range.  And it opens up opportunities for real estate agents to have new conversations with buyers and sellers. They can access the second home of their dreams in one of their favorite locations for less money than if they purchased a whole home.   Co-owning real estate is not a new concept. But doing it on your own with friends or family often creates hassle and strain on personal relationships. Many DIY owners find it daunting to communicate effectively about scheduling, maintenance and managing the home.  Pacaso eliminates those issues, making co-ownership easy for the first time by creating a professionally managed, property-specific LLC design especially for co-ownership. A limited liability company (LLC) ensures that the owners are not personally liable for the company’s debts or liabilities. It combines some elements of a partnership, sole proprietorship and a corporation. For buyers, co-ownership increases their purchasing power. It also reduces the stress and pressure of whole home ownership. Gone is the feeling of guilt from leaving a home empty much of the year. Gone is the hassle of vacation rental platforms, the anxiety of knowing that dozens (or hundreds) of strangers are traveling in and out of your home, and the tedium of dealing with repairs.  The benefits for buyers, sellers, owners Buyers can shop from Pacaso’s curated listings. Alternatively, if they find an active listing they’d love to co-own, they can submit the listing to Pacaso; if it meets our specifications, we’ll partner with the buyer to purchase and close on the home, as well as identify vetted co-owners. Each home is co-owned by a maximum of eight owners who use it with only family and friends; no outside rentals are allowed. Owners schedule time in the home with our innovative and equitable SmartStay system on the owner app. And instead of worrying about maintenance, Pacaso's professionally managed LLC will take care of all property management needs. Sellers have two options to work with Pacaso. First, they can decide to sell their whole home to us. Pacaso is a qualified buyer, and we pay premium prices for turnkey homes in the right locations.  Alternatively, current second home owners can decide to keep as much as half of the ownership in their home while unlocking their equity by selling the other portion through Pacaso’ selldown program. This allows owners to keep the home they love while tapping into its liquidity and continuing to enjoy access to their second home. Why partner with Pacaso today? The Pacaso crew, led by former executives from Zillow, has more than 100 years of combined expertise using big ideas and innovative technology to create great real estate experiences. The company’s founders believe second homeownership enhances people’s lives because it has enhanced theirs. And it’s the driving force for the company.  This co-ownership model is a chance for you to bring a modern way of owning as well as fresh inventory to your customers.  Be part of the next wave of innovation, re-inventing how second homes are bought, sold and owned — and creating new business opportunities for you.  -------- Quiz 1. What type of second home ownership does Pacaso offer? A. Whole ownership of a second home B. Time share ownership D. None of the above 2. True or false: Co-ownership is not new, but Pacaso is solving the major pain points associated with the DIY approach. B. False 3. The advantages of Pacaso co-ownership for buyers include: A. They can now afford to own a home previously out of reach financially. They can bring a listing, from Pacaso or any website, that they are excited about to Pacaso. If it’s a fit, Pacaso will buy the home and bring together co-owners. B. They get true real estate property ownership of a fully managed single-family home with fewer hassles and headaches.  4. The advantages of working with Pacaso for sellers include: A. Pacaso pays a premium for turnkey homes in select locations. B. Sellers can unlock equity and still retain up to half ownership of their homes. C. Sellers can remain co-owners of their homes but will have to find the buyers themselves. 5. The professionally managed LLC also handles property management. B. False

Los Angeles and luxury real estate go hand-in-hand. And when the city’s A-list buyers want to Stars of Bravo’s long-running “Million Dollar Listing LA” reality series and co-owners of Josh and Matt worked with Zillow for years and had gotten to know Pacaso co-founder and former Zillow CEO Spencer Rascoff. They had also met Pacaso co-founder and CEO Austin Allison, and the brothers knew Rascoff and Allison were real estate innovators.  So when the Pacaso founders approached the team to discuss their new venture, the brothers were intrigued. “Knowing their track record, we were interested, because these were guys who changed the business,” said Josh. Added Matt: “Josh and I jumped at the idea. It was an incredible concept and a product that I would use.” The Altmans, always on the lookout for innovations in real estate, were among Pacaso’s early agent partners. “We like to be the first to do new things. In order to stay on top, you really have to embrace change and technology, and understand how it can work to your benefit,” said Josh. But they had plenty of questions. “When Spencer and Austin presented their business idea to us, my initial reaction was, ‘How is it different from a timeshare, how do people sell their shares, how do they get financing’ — just like any buyer hearing about it for the first time,” said Josh. “Because it’s a new company, it takes a second for clients to wrap their heads around it, but after conversations with the Pacaso team, all our questions were answered.”   After going through the sale process with Pacaso, which Josh described as “seamless,” he was convinced. “I looked at my brother and said, ‘This is going to be really big. This is going to be game changing.’” Matt said it didn’t take long for their team at The Altman Brothers to embrace the concept as well. “I explained the benefits of the Pacaso model for both the homeowner and the buyers, and the team got it very quickly.”   More importantly, the brothers have found second home shoppers to be highly receptive. “The best selling point for buyers is you don’t have to take care of the house,” said Josh. “That’s why a lot of people shy away from second homes. With Pacaso, you get the best of both worlds but for a much lower cost. My clients like it because of the ease.”   For Matt, Pacaso’s fully managed model is a huge perk for buyers. “Owning a second home isn’t easy — you have maintenance, which is an issue no matter how new the home is, you’ve got upkeep. With a Pacaso, you just walk in with your toothbrush and your clothes. It’s a great feeling with no stress. It lets you enjoy a second home like you’re supposed to.”  Being able to tap into the luxury market at a lower price point is a win for buyers, said Josh. “Pacaso has really expanded the buyer pool for second home ownership. Most of the world cannot afford a second home, but Pacaso unlocks a whole group of buyers who weren’t there before.” Matt added, “What’s so special about the Pacaso model is it enables someone to own a real second home for a fraction of the price. A typical second home is empty half the time, which doesn’t make sense financially.” And for real estate agents? Josh thinks working with Pacaso is a “no-brainer.” He said, “Not only can you sell Pacaso the house, you can then sell it up to eight times to the individual buyers. You get commission on the sale of all those shares. Pacaso looks out for the agent and makes sure they get paid what they deserve.”  Matt described it as “an incredible opportunity for agents,” pointing to one of their early success stories in Malibu. The Altman Brothers found a desirable home that seemed like a perfect fit for Pacaso. “It was a hidden gem, a small property right on the beach. As soon as it was in escrow, all eight shares sold almost immediately.” Looking to the future of second home ownership, the brothers agree Pacaso is onto something big. “Pacaso is really changing second home ownership, and I think this is just the beginning. Five years from now, people are going to own multiple second homes for one-eighth the price, and that’s a game-changer,” said Josh.  Matt said he’s considering a Pacaso for his own family. “I see Pacaso becoming a household name in the next few years. I live in LA, and this winter I thought about buying a second home in Big Bear. But I’m only going to use it a portion of the time —  I’d much rather buy a Pacaso knowing I’m only going to use it part-time, but I still have ongoing access to the home. It’s a great product.”

Beautiful American cities attract big businesses, and big businesses pay well for top talent, making metropolitan areas flush with million-dollar homes. But which cities lead the high-priced real estate pack? A 1. San Jose, CA Located in the heart of Silicon Valley, San Jose is the hotspot for 2. San Francisco, CA Just north of Silicon Valley, San Francisco has 42% of its homes valued at over $1 million. But the size of million-dollar homes in San Francisco varies widely depending on location and condition, with 700-square-foot condos in popular neighborhoods going for $1 million, and suburban homes with close to 3,000 square feet listed at the same price. The neighborhoods with the highest appreciation in San Francisco are just east of Lake Merced and bordering San Francisco State University.  3. Los Angeles, CA Are you starting to see a California trend? Los Angeles has long been known for pricey real estate, and its selection of million-dollar homes make up 19% of the market. The average size of million-dollar homes in the City of Angels is 1,720 square feet, with 92% of them built before 1999. The priciest neighborhoods include Bel Air, Brentwood, West Sunset Boulevard, and areas along the Pacific Coast Highway.  4. San Diego, CA San Diego continues the trend of expensive West Coast real estate, with 14% of the homes valued at over $1 million. Median home values in San Diego are around $665,000, with the majority of homes in the area priced between $596,000 and $894,000.  5. Seattle, WA Seattle’s 91% white-collar workforce is a contributing factor to having 11% of its homes valued at a million dollars or more. You’ll find the most expensive neighborhoods near Edgewater Park/Broadmoor, Laurelhurst, and East Roy Street at 24th Avenue East. Newer construction dominates the scene, with nearly 24% of all homes built since 2000.  6. New York, NY New York City is known for its expensive real estate, so it’s no surprise that the Big Apple made this list: 10% of homes are valued at a million dollars or more. But unlike many other urban areas in the U.S., New York’s dense population means that 95% of the city’s homes are apartments, not detached houses. One-bedroom apartments make up 39% of those units, and it’s rare to find a home with five bedrooms or more in the city.  7. Boston, MA In Boston 9% of the housing inventory is valued over $1 million. You’ll find Boston’s priciest real estate at Beacon Street near Fisher College and Boylston Street near Presidential Plaza. Boston is known for its history, and it’s not just monuments and museums — in fact, 50% of the city’s real estate was built before 1940. As a college town, Boston also has a high percentage of renters, with only 33% of homes occupied by owners. 8. Washington, D.C. Like Boston, Washington is a hotspot for American history, but with a larger inventory of newer construction homes: 34% of homes in the district were built before 1940. Million-dollar homes make up 7% of the D.C. real estate market, with Dupont Circle’s historic mansions, Georgetown and The Palisades among the city’s most expensive neighborhoods. Typical home values range from about $236,000 to $1.2 million, with no single price bracket cornering the D.C. market.  9. Miami, FL With glamorous mansions lining its waterways, million-dollar homes are part of Miami’s scenery, making up nearly 5% of the city’s homes. Miami also has some of the newest homes, with 27% of its housing constructed after 2000. Up-and-coming Miami neighborhoods include Buena Vista, City Center and Biscayne Boulevard at Miami Dade College.  10. Denver, CO The Rocky Mountain gem of Denver rounds out the list with 4% of its market consisting of million-dollar homes. Home values are pretty evenly distributed between $122,000 and $914,000, with 86% of them falling in this range. The city is also divided nearly equally between owners and renters, at 49% and 51%, respectively.

The demand for second homes is growing, but so are the barriers. With limited inventory and rising prices, many buyers are hesitant to take on the full cost and responsibility of a second property. Others worry about leaving a home unused for much of the year or managing short-term renters. That’s where co-ownership comes in. This modern approach to second-home ownership gives agents a powerful way to meet evolving client needs, earn more through commissions and grow your business in a changing market. With co-ownership, buyers purchase a share of a private, high-value home alongside a small group of other vetted owners. It’s an ideal solution for clients seeking more flexibility and accessibility than traditional second-home ownership, with greater equity and control. With Pacaso, clients benefit from a professionally managed LLC co-ownership model that offers true real estate ownership. While DIY LLC ownership has existed for years, it’s often difficult to manage. Pacaso simplifies the process by handling the management, maintenance and scheduling so your clients can enjoy their home for several weeks a year, minus the typical headaches of ownership. Co-ownership isn’t just a smart option for buyers, it’s a business-builder for agents. Whether your clients are priced out of full ownership or simply want more flexibility, co-ownership allows you to expand your reach and offer more tailored solutions. No matter where you’re based or licensed, you can refer clients to thousands of homes nationwide and in select global markets and earn a Want to take your business to the next level? Our free Co-ownership isn’t just a trend, but a smart, strategic way to meet modern buyer needs.

As you browse Pacaso listings, you may notice this repeated phrase: “The home comes fully furnished and professionally decorated.”  One standout feature of a Pacaso is the But a Pacaso is more than just a pretty face! Beyond the visible design elements, our homes are supplied with all the necessities and special touches that make an owner’s stay relaxing and easy. And for families with children or grandchildren, we've made sure our Family-Friendly Second Homes™ are equipped with all the essentials for a comfortable stay — we want you to spend less time packing and more time having fun! Here’s a peek inside the cupboards and closets of our Pacaso homes.  Dining delights Whether your idea of a dream dinner is a homemade multicourse feast or takeout by the pool, we’ve got you covered. Kitchens are stocked with all the food-prep essentials and then some, including an array of high-end pots and pans, pizza stones, mixing and measuring sets, German cutlery, and all manner of bakeware. Plus, countertop appliances like multicookers, stand mixers, blenders and more make it fast and easy to whip up your favorite treats.  When you don’t feel like cooking, you can serve fresh bakery croissants or a charcuterie assortment in style, using our sophisticated white porcelain china and Portuguese flatware.  For your morning pick-me-up, choose from Nespresso or standard brew (or use the electric kettle for a spot of tea). When winding down, our barware collection caters to nearly every preference, whether you bring along red, white, bubbly or create a custom cocktail. Bed, bath and … BBQ Beds are fitted with quality linens, luxurious duvets and assorted pillows. Bathrooms are stocked with plenty of towels, hair dryers, a scale and magnifying mirror, and basic toiletries like shampoo, conditioner, body wash and soap.  For homes with outdoor entertaining spaces, you’ll find gas barbecues, fire pits, outdoor drinkware and dinnerware and patio furniture. If the home has a pool, we even supply floaties for added fun, while Work and play If you need to catch up on work during your stay, you can count on high-speed internet throughout the home, a charging station and, in many homes, a dedicated work space. Once you’ve logged off for the day, sit down with the family to enjoy one of the provided games, like Jenga, backgammon or cards. If you’re looking for more modern forms of entertainment, never fear — all Pacasos have smart TVs and streaming services so you can catch a show, tune into your favorite sporting event or keep the kiddos entertained while you enjoy a quiet moment watching the sunset with a glass of wine. Speaking of little ones, our Family-Friendly Second Homes are equipped with kid-friendly dinnerware and cutlery, a high chair, booster seat and Pack ‘n Play. And homes in beachfront and warm climates come equipped with beach chairs and pool floaties for bonus fun in or by the water. Household necessities Need to clean up some spilled spaghetti sauce? Or change a light bulb in the hall? While we focus on luxury living, we’ve also prepared our homes for those less-than-glamorous aspects of daily life. Mops, brooms, cleaning supplies, extra light bulbs and batteries, an iron and steamer, and even a mini-toolkit are provided to ensure you have what you need, when you need it, to handle the little details of your stay.  See the full list of

More people are buying second homes than ever before. Although the pandemic-induced buying frenzy slowed in 2021, second homes purchases remain historically high. In popular vacation destinations across the country, demand continues to rise, as do prices, with nearly all top markets seeing To determine the “We know that the pandemic fueled a major surge in second home buying demand, and that national demand peaked in the Rural southeast counties had highest rates of growth In addition to revealing the top second home market in every state, the analysis also highlights the percentage of growth each market has seen over the past year. Perhaps surprisingly, Top 10 markets with biggest increases in share of second home rate locks in 2021 High-priced markets more likely to see declines in rate locks Some markets, despite their popularity, experienced significant declines in their share of second home sales. Dukes County, which includes Martha’s Vineyard and 10 other islands off the southeast coast of Massachusetts, is the top second home market in that state. Still, it saw the biggest year-over-year decline in second home share among all top 50 markets that made the list, down 19.4% from last year. With an average second home price of $1.6 million, Dukes County is also one of the most expensive markets.  Price increases and limited inventory may have contributed to the annual decrease, as well as the emergence of other, more affordable markets with more inventory. Teton County, Wyoming — home to the popular Jackson Hole ski resort — has the highest average second home sale price of all the markets on the list: $3.4 million. It also saw a moderate dip in the share of second home mortgage rate locks, down 7.9% from last year.  Find your second home with Pacaso With prices and demand for second homes continuing to rise in many areas, co-ownership offers a more accessible, simpler option for would-be buyers. Pacaso has co-ownership listings in destinations across the U.S. and in Spain, and is rapidly expanding to new markets. Methodology Pacaso identified the top second home market per state by selecting the county with the highest total percentage of second home mortgage rate locks between January 1 and October 13, 2021, in each state. Counties without at least 50 second home transactions in the period were excluded from the analysis.  Mortgage rate lock data is an indicator of second home buying activity. When applying for a mortgage rate lock, a home buyer must specify whether they are securing a mortgage rate for a primary home, secondary home or an investment property. Approximately 80% of mortgage rate locks result in home purchases. Mortgage rate lock data was provided by real estate analytics firm Optimal Blue and includes a sizable share of the market that is taken to be representative of the whole. Second home mortgage rate lock transactions and average second home purchase price data were sourced at the county level. 

According to second home mortgage rate lock data analyzed by Pacaso’s research team, sales of luxury second homes and “Overall, luxury real estate exceeded expectations and outperformed the rest of the second home category and the overall real estate market in Q2 2022,” said Pacaso Co-Founder and CEO Austin Allison. “Despite a rising interest rate environment and growing concerns of a recession, it is clear that demand for this type of asset remains strong.”   The last two years, particularly during the peak of the pandemic, the housing market experienced record growth. Home price appreciation seemingly peaked in April of 2022, when it was up 21% nationwide. Today, the market is beginning to normalize from those unprecedented levels. In May, home prices decelerated for the first time in five months, but were up double digits year-over-year for the 16th consecutive month. The deceleration was partially driven by rising interest rates, an uncertain economy and geopolitical unrest in the Ukraine. Contrary to some headlines, many economists believe that the housing market will continue to grow through 2022, albeit not at the same pace as 2020 and 2021. The current volatility in the stock market has impacted many consumers’ overall net worth in recent months. This in turn drives many to look to more stable asset classes, such as real estate. “Affluent consumers tend to be more insulated from the impacts of an economic downturn,” continued Allison. “Some consumers will look to real estate as a more stable place to park their money during times of increased market volatility. Although they may trim their budgets, this group is less likely to completely drop out of the market. As a result, demand for luxury real estate remains strong, but the acceleration of home price appreciation for this category will likely continue to slow as we saw during Q2 2022.”  While interest rates are rising compared to record low rates during the pandemic, the housing market is still experiencing very healthy demand, particularly in the luxury second home segment. Thirty-year fixed rates rose above 5% in April for the first time in more than a decade. In the second week of June, interest rates rose by 55 basis points, which was the largest one-week increase since 1987. However, for the past 50 years, 30-year fixed mortgage rates have averaged approximately 8%, even crossing above a staggering 18% in the early 1980s. With rates averaging around 5% today, they are still relatively low comparatively. It is important to note that the total share of second home mortgage rate locks was 2.7% in Q2 2022, dropping below the pre-pandemic national average of 3.5% (based on second home mortgage rate locks between 2015-2019). The luxury category makes up approximately 12% of all second home mortgage rate locks. The median price for all second home mortgage rate locks during Q2 2022 was $435,000, which was up 19% year-over-year. Looking specifically at the luxury category, the median price was approximately $1.4 million, which remained relatively flat on a year-over-year basis. However, when it comes to second homes, more than 50% of buyers pay in all cash*. For this reason, looking simply at second home mortgage rate lock data is not the best indicator of true second home sales in the U.S. The median-to-lower end of the housing market, which makes up approximately 88% of all second home mortgage rate locks is being hit particularly hard, thus driving down total second home mortgage rate lock growth on a year-over-basis. In fact, numerous discount brokerages and mortgage companies are reportedly laying off agents in mass due to decreasing demand for median to lower priced homes.  Second home buyers were focused on locally-relevant destinations that feature outdoor attractions, many located along waterfronts, as the peak summer travel season approached.  “For the past two years, premier second home destinations like Aspen, Malibu and Tahoe experienced strong buyer demand,” said Allison. “As inventories were constrained and prices accelerated in those markets, buyers began looking to more locally-relevant destinations for their second home. In those markets, buyers can get a lot more for their money without sacrificing on the quality of their home or proximity to outdoor activities.” Coeur d’Alene, ID and Williamson County, TN experienced the largest year-over-year increase in the median purchase price for luxury second homes of 52% and 42%, respectively. These destinations offer a wealth of outdoor activities, such as hiking, mountain biking, and fishing, making them optimal second home destinations. Situated along Washington’s Puget Sound, Kitsap County, WA, which boasts miles of beautiful shoreline, golf courses, water activities, and boat excursions, saw the median price of luxury second homes increase 39% year-over-year. Cape Cod, MA experienced the largest increase in second home rate lock transactions during Q2 2022 (+236% year-over-year). Located just south of Boston, Cape Cod offers a wealth of outdoor activities, pristine beaches, five star restaurants and some of the best mini golf courses in the nation for family-friendly fun. Beachfront counties dominated the top ten list of destinations by transaction count, including  St. Johns County, FL which saw a 220% increase. Sevier County, TN, which is known as the gateway to the Great Smoky Mountains National Park, and Clark County, NV, home to The Last Vegas Strip, also experienced strong growth in second home rate locks, up 147% and 108%, respectively. Pacaso identified the nation’s top second home markets by compiling census data on counties with a percentage of seasonal homes and median home values at or above the top 20th percentile, and by excluding those below the bottom 10th percentile of counties with the fewest households. Pacaso then analyzed real estate activity in the top second home markets by observing mortgage rate lock data, a leading indicator of second home buying activity. When applying for a mortgage rate lock, a home buyer must specify whether they are securing a mortgage rate for a primary home, secondary home or an investment property. Approximately 80% of mortgage rate locks result in home purchases. Mortgage rate lock data was provided by real estate analytics firm Optimal Blue and includes a sizable share of the market that is taken to be representative of the whole. For this analysis Pacaso’s research team looked at mortgage rate lock volume for both second homes and investment properties for Q2 2022 with a purchase price of greater than $1 million to focus on the luxury end of the second home and investment property category. Rate lock transactions and median purchase price data were sourced at the county level for counties that had a minimum of 5 second home transactions and aggregated quarterly, with Q2 representing the months of April through June 2022. * National Association of REALTORS®, June 2021

Many second home buyers are wary of high costs and ongoing maintenance, and worry they won’t have enough time to use their home. Pacaso is the best solution, according to San Francisco-based luxury real estate broker Roh Habibi of Sotheby’s International Realty. “Every complaint that I’ve gotten from my clients that own second and third homes in all these destinations — Pacaso has solved it,” said Roh, describing how Pacaso makes it easy for buyers to enjoy their second home. Plus, Pacaso handles the legwork, including tours, inspections and escrow. “For me as an agent, the Pacaso transactions are the easiest I will do all year.” Watch the video to learn more about co-ownership and the benefits of working with Pacaso, from easy in-person or virtual touring with clients to a generous and fast commission structure for agents. 

There’s no denying the challenges and unpredictability of today’s macro environment. Suddenly, the idea of owning a second home — which saw a surge in demand during the height of the pandemic — sounds a lot less feasible during these changing times. As the market shifts and inventory tightens, is there still value in the second home market? To help answer that question, Pacaso compiled its Here are the biggest takeaways from the report.  1. Demand remains strong for the luxury second home market Sales of luxury second homes and Home prices decelerated in May 2022 for the first time in five months, likely driven by rising interest rates, uncertain economic conditions and geopolitical unrest. The volatility of the stock market has impacted the overall net worth of many consumers. Despite these changes, affluent consumers are increasingly looking at more stable asset classes like real estate. While interest rates are rising, demand for the housing market continues to be healthy, particularly in the luxury second home segment. While the total share of mortgage rate locks for all second homes fell below pre-pandemic levels, this was in large part due to the median-to-lower end of the housing market. In addition, more than 50% of second home buyers pay in all cash. For this reason, looking simply at second home mortgage rate lock data is not the best indicator of true U.S. second home sales. Luxury second homes overall make up about 12% of all second home mortgage rate locks, and median prices remained relatively flat on a year-over-year basis.  3. Second home buyers are flocking to local destinations For the past two years, premier second home destinations like Malibu, Aspen and Lake Tahoe have seen accelerated prices. This has led buyers to increasingly look at more local destinations for their second home — in particular, destinations where buyers can get more for their money without compromising on their home or nearby attractions. Beachfront counties and areas with year-round outdoor activities saw impressive growth, including Coeur d’Alene, ID, Williamson County, TN, Cape Cod, MA and Sevier County, TN to name a few.  The stability (and opportunities) of the second home market Despite our current reality of rising interest rates and concerns of an impending recession, the numbers show that demand for luxury real estate — the second home market in particular — remained strong during the second quarter of 2022. For clients still hoping to enter the second home market, trends show that real estate remains a stable place to purchase, and even more so through responsible and accessible ownership models, like co-ownership. This can be a huge opportunity for both your clients and your business. For the full analysis and methodology, click