The Pacaso blog

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.

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.

Mountain property management is essential for keeping mountain vacation homes in top condition year-round. These properties offer a stunning backdrop for any getaway thanks to towering pine trees, sparkling mountain lakes, and endless outdoor adventures. But their unique challenges, from harsh weather to seasonal maintenance, require specialized care and support. What makes managing mountain vacation homes different? Mountain vacation homes have unique needs that set them apart from second homes in other destinations and require a bit more of These factors make specialized mountain property management crucial. Owners benefit from professionals who understand the unique demands of mountain living and can handle everything from seasonal preparations to ongoing mountain home maintenance, ensuring the home stays safe, comfortable, and ready for every visit. What are the seasonal responsibilities of mountain property management? Managing a mountain vacation home requires careful planning, local expertise, and proactive care throughout the year. Mountain home property management goes beyond Winter Winter is often the most demanding season when it comes to Spring As snow melts and temperatures rise, homes need careful attention to transition from winter to the warmer months. Key tasks include: Summer Summer brings longer days and more opportunities to enjoy a mountain vacation home, but it also requires maintenance to keep the property in top condition: Fall As temperatures drop, preparing mountain vacation homes for winter is crucial to avoid costly damage: By addressing these seasonal tasks, mountain property managers ensure that these mountain vacation homes remain safe, functional, and ready for use year-round. What makes Pacaso property management unique? Every Pacaso home comes with a dedicated Home Manager—a local expert who goes above and beyond In destinations like the Here’s what you can expect from your Pacaso Home Manager:  Comprehensive property care Personalized service and thoughtful touches Financial and vendor oversight With Pacaso’s dedicated home managers, mountain property management is effortless, with exceptional service and the peace of mind that comes from knowing every detail is expertly handled. Why should I own a mountain vacation home with Pacaso?  Mountain homes highlight both the rewards and the challenges of second home ownership in mountain destinations. From snow-packed winters to festive summer seasons, each shift in weather demands attentive care.  With Pacaso’s dedicated home managers, owners enjoy all the beauty of the mountains without the burden of constant upkeep. And the best part? This service is fully included with co-ownership, so there are Instead of managing seasonal checklists or coordinating vendors, Pacaso owners arrive at a home that is well-maintained, stocked, and personalized to their preferences. It’s an approach to mountain property management that turns the dream of

Spending the holidays in your second home brings fresh opportunities to create holiday traditions that deepen your family connection and make the season more fun. When you have a special place to return to year after year, the memories you make become part of your family’s story. Here are some simple traditions to help make each holiday season in your second home feel even more special: Holiday traditions for your second home Hold a fun gift exchange Try a themed or location-inspired exchange — like Secret Santa, white elephant or a regional twist that reflects your second home’s setting. Your loved ones may enjoy gifts tied to the home’s region, like a local craft or something meant to be enjoyed during your stay. It’s a lighthearted tradition that will quickly become one of your favorite family traditions. Add a new ornament each year Collecting ornaments over time is a beautiful way to watch your family’s story unfold. Each year, buy or make an ornament that reflects the home’s location or a meaningful moment from the past year. As your collection grows, your tree becomes a visual timeline of holidays spent together. DIY decorations Bring the outdoors in by crafting decorations inspired by the surroundings of your second home — pinecones from nearby trails, seashells from a morning beach walk, driftwood, or local greenery. Turn it into an annual hands-on activity that everyone can look forward to during your holiday stay. Plan a holiday baking day Dedicate one day of your visit to holiday baking. Create gingerbread houses, revisit a favorite family recipe, or try a regional treat popular in your home’s location. Baking together in your second home’s kitchen instantly sets the tone for the season and fills the space with comforting holiday scents—and delicious treats. Enjoy a seasonal story hour Slow things down by gathering in a cozy corner or beside the fireplace to read a classic holiday book aloud. This simple ritual invites everyone to unwind and share a quiet moment together — a welcome contrast to the bustle of the season.  Host a family dinner Choose one holiday meal you only make at your second home. Maybe a family-favorite recipe like grandma’s lasagna, or tamales, or one of your best holiday party dishes like fondue or bite-sized appetizers. Keeping the menu consistent each year builds anticipation and anchors the holiday to that specific place and moment. Create a “home away” time capsule On the final day of your stay, have each family member write down a favorite memory from the visit. Seal the notes in a container and save it until the next holiday trip. Opening it the following year becomes a joyful tradition of reflection and nostalgia. Tour local holiday lights Every community has its own festive charm. Make it one of your annual family traditions to walk or drive through the area to explore nearby holiday displays. It’s a simple, joyful way to feel connected to your home’s location. Find your second home with Pacaso A second home isn’t just a house; it’s the backdrop for the holiday traditions your family will treasure for years to come. Whether you’re whipping up your favorite holiday party dishes, hosting extended family, or simply spending uninterrupted time together, Pacaso makes it possible to enjoy all the benefits of second home ownership — more shared experiences, more connection and more moments that become lasting holiday memories.

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,

Your second home should be a place to relax and unwind — without having to worry about nagging Here’s a closer look at what vacation home management typically involves, and how Pacaso’s approach goes above and beyond traditional solutions. Here’s what professional Property maintenance and upkeep Routine maintenance is at the heart of vacation home management. This includes landscaping, inspections, and repairs to keep the property in top condition year-round. Proper upkeep not only preserves your home’s value but also ensures it’s always ready for a relaxing stay. Many vacation home management companies will also be responsible for seasonal upkeep like leaf removal and snow clearing to keep the home in pristine condition year-round. Vacation home cleaning services Between stays, homes require thorough cleaning and preparation. Cleaning and turnover services make certain that every visit feels relaxed and welcoming, from fresh linens to spotless kitchens and bathrooms. Financial management and bill handling Managing a vacation home involves more than upkeep. The best property managers often include handling utilities, taxes, HOA fees, and insurance—freeing owners from the administrative burdens of property ownership. Guest and owner access coordination Scheduling stays, managing keys or smart locks, and coordinating arrivals and departures is another critical component of vacation home management services. Effective access coordination ensures that both owners and guests have a smooth, stress-free experience. Security and home monitoring Finally, professional vacation home management services often include monitoring the property to safeguard against issues while the home is unoccupied. This can range from smart home alerts to routine inspections, giving owners peace of mind no matter where they are. The challenges with vacation home management companies Even with professional management, many homeowners face challenges that can make vacation home ownership stressful. Understanding these common pain points helps find the best vacation home management solution for you. High costs and hidden fees Many traditional vacation home management companies charge steep service fees, often with extra costs for maintenance, turnover, or concierge services. These expenses can add up, cutting into the enjoyment and financial value of owning a second home, so it’s important to consider Impersonal interactions Some vacation home property managers operate like faceless service providers. Owners may find communication transactional, with little personalized attention or understanding of their preferences and lifestyle. Difficulty reaching support Getting timely help can be a challenge, especially when urgent maintenance issues arise or last-minute scheduling changes are needed. Limited responsiveness can leave owners feeling frustrated or unsupported by their vacation home manager. Limited flexibility Traditional management companies may not accommodate unique homeowner needs, whether that’s last-minute bookings, customizing interior touches, or coordinating with family schedules. Inconsistent standards Not all vacation home management companies maintain the same level of quality across cleaning, maintenance, and upkeep. This inconsistency can affect the guest experience and the property’s long-term condition. Turnkey vacation home management with Pacaso When you co-own a luxury vacation home with Pacaso, you gain true freedom from the burdens of traditional home ownership and the hassles of managing a second home. Pacaso’s fully managed approach ensures every detail is handled, delivering a seamless ownership experience crafted for your relaxation and enjoyment. Stylish interior design and furnishings Outfitting a second home can be time-consuming and costly, which is why Pacaso’s turnkey property management ensures your home is ready for comfortable living from day one. Our goal is to provide you with a second home that is both beautiful and functional.  Our team of interior designers gives each home a thorough makeover, selecting custom furnishings, artwork and accessories that complement the home’s architectural style and layout, making your vacation home interior design feel effortless.  We balance modern design with comfort to create livable luxury. Pacaso owners should feel as comfortable — or more comfortable — in their second home as they do in their primary residence. In addition to furnishings, homes are fully equipped with Design Certified Our top-tier vacation home management services begin before you even walk through the door. Our team of in-house interior designers works tirelessly to create a beautiful space that is unique, inviting, and functional. Every Pacaso home is part of our Impeccable turnover services and maintenance Maintaining a second home from afar can be a challenge, and once you’re there, you want to focus on relaxing—not spending time on vacation home cleaning and upkeep, or a pesky After each owner’s stay, the home is thoroughly inspected and cleaned, and any maintenance issues are logged and resolved. Preventive vacation home maintenance services are scheduled to address potential problems early, and reserves are set aside for long-term or unexpected issues, like replacing an appliance that stops working.  We also supply items like light bulbs and batteries so owners can easily take care of minor issues without needing to run to the store. Pacaso’s vacation home management team also makes sure the property looks great year-round, with regular landscaping and region-specific upkeep like snow removal, so your home stays pristine and ready for every visit. Streamlined bill management When you co-own a home, you need a fair and centralized system of billing. Pacaso property management makes this aspect of ownership simple. For each home, we create an annual Ongoing dedicated support Your relationship with Pacaso doesn’t end with your purchase. You’ll have a dedicated Home Manager to support you before, during, and after your stays.  Your Home Manager or our 24/7 Central Support crew handle any maintenance issues, so you’ll never have to worry about second home management, finding service providers, or scheduling repairs. We also check in with owners to see if their needs are being met and provide an opportunity for feedback. Our number one priority is ensuring Pacaso owners have a The Pacaso property management team Meet some of the Pacaso Home Managers and get an inside look at their day-to-day work as vacation home property managers. Lindsey Harden (Tahoe) In the Tahoe region is Senior Home Manager, Lindsey Harden, who shares the care and service owners can expect. Aaron Olthoff (Colorado) If you’re an owner in Colorado, you’ll get to know Aaron Olthoff. He shares how he keeps every Pacaso home in the iconic Rocky Mountain towns in top condition all year long. Discover the ease of turnkey property management with Pacaso and take the next step toward second home bliss.

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

Searching for a place to unwind, reconnect with loved ones and create lasting memories? Here are 10 reasons why a second home might be the perfect purchase for you, alongside key considerations that can help you make the right choice. 1. Enjoy your own personal retreat 2. Have flexibility for your vacations With a vacation home, you no longer need to fight for reservations during peak season or scramble to find last-minute Do you need a quick weekend escape to clear your head? Or a 3. Build a lifetime of memories A vacation home transcends bricks and mortar — it becomes a cornerstone for creating cherished memories with the people you love. Host unforgettable holidays and family gatherings to create lifelong memories.  Imagine cozy nights by the fireplace at your 4. Relish familiar settings Owning a vacation homes has the benefit of being your home-away-from-home. Equip your space with 5. Embrace a new community Purchasing a vacation home can open doors to a new community. Strike up conversations with friendly neighbors who share a love for the area. Explore local shops and restaurants, gaining a deeper understanding of the region's culture and hidden gems. This sense of belonging can enrich your vacation experiences and grow your sense of community at your second home. 6. Cultivate a sense of adventure A vacation home can serve as a springboard for exploration. Since you have a convenient home base, you can delve deeper into the surrounding area. Explore nearby towns, hike or bike scenic trails or discover hidden Proximity to these activities allows you to embrace a more adventurous spirit and enjoy experiences beyond the typical tourist’s itinerary. 7. Create a healthier lifestyle A vacation home can be a catalyst for embracing a healthier way of living. Many vacation destinations offer opportunities for Inside you vacation home, consider creating a dedicated 8. Pass down an asset to your children A vacation home can become a cherished part of your family's legacy. It can be a gathering place for future generations to reconnect with loved ones and create lasting memories.  Eventually, you can pass vacation homes down as an inheritance. A valuable asset like this can give your children and grandchildren a special connection to their family history. 9. Choose a location close to activities you love Finding a second home in a place that supports  your interests and hobbies can significantly enhance your lifestyle. Imagine living by a lake and spending your weekends fishing, or owning beach house with nearby easy access to kayaking or paddleboarding. For those who crave the thrill of winter sports or the serenity of mountain hikes, a cozy cabin could be the perfect fit. 10. Take advantage of unique financing options When buying a vacation home, you can access Additionally, your vacation home expenses don’t end with the Advantages of vacation homes Although owning a second home has some down sides, the advantages can greatly outweigh the trouble of finding and financing a vacation home. The pros of owning a second home or Personal use When you own your vacation accommodations, you always have a great place to stay (even if it’s a busy holiday weekend). You can keep all the comforts and necessities — clothes, toiletries, outdoor gear and more — at your vacation home so you can get away from it all at a moment’s notice. Unlike relying on reviews to choose a hotel room or short-term rental, you always know exactly what to expect when you arrive at your vacation home. Buying Your vacation home could become your primary residence once you retire, but you can start enjoying it and building equity long before it’s time to turn in your employee badge. In the meantime, it’s a special place to bring family together for vacations and special events. You can also pass down your vacation home to your heirs. Passive income potential Although some owners prefer to keep their vacation home exclusively for personal use, listing your second home as a short-term rental may also be possible. If you don’t want your vacation home to sit vacant when you’re not using it, you may be able to rent it out to others and use the money toward the mortgage and maintenance expenses. Potential property appreciation Whether you plan to keep your vacation home for personal use or earn passive income, your property may increase in value. A secondary residence can increase equity and value appreciation like a primary residence.  In this way, buying a vacation home can be an investment. Of course, housing markets fluctuate, so value appreciation depends on market trends where you buy. Adding real estate to your portfolio is a great way to diversify your portfolio and hedge against the ebb and flow of different markets. It’s always smart to consult a financial planner before making such an investment.  Tax benefits You can deduct any mortgage interest paid on up to $750,000 of principal mortgage debt, including your vacation home. Other If your vacation home doubles as a short-term or long-term rental, you may also be able to claim certain costs as business expenses for your vacation rental business. Consult with a tax professional to determine which  tax deductions you’ll be eligible for. Challenges of vacation homes Vacation home ownership also includes several challenging cons. Property maintenance and management Your second home likely won’t be close enough to your primary residence for you to stop by frequently. Home repairs and regular maintenance (lawn mowing, snow removal, etc.) can become a hassle. And if you’re renting out your second home, you must deal with reservations, clean up and more.  A potential solution is to Income volatility If you plan to rent out your vacation property, you’ll need to be aware of the high and low tourist seasons in your home’s locale. Plan for income fluctuations and charge appropriate nightly rates to curb potential low-season vacancies.  To keep attracting bookings, you may need to pay for marketing and advertising your property to help decrease income volatility. Local vacation rental laws Many towns are passing ordinances that prohibit short-term rentals or require homeowners to pay hefty fees to list their homes as rentals. Check local laws before banking on your ability to rent out your vacation home. Remember that other Limited location Once you invest in a vacation home, you’ll probably want to use it as much as possible. That means you’ll likely spend more time in one Just like an unused gym membership or a new dress in the back of the closet, a distant vacation home can easily turn from a dream come true into a money pit if you’re not committed to using it regularly. Key things to consider before buying a vacation home Buying a vacation home is an exciting endeavor, but it’s essential to consider additional factors to make an informed decision. Getting clear on your preferences, as well as the property’s unique requirements, will give you an accurate sense of the actual cost and time commitment required for your second home. Your annual budget and total cost of ownership The total cost of a property doesn’t stop at the mortgage. You will need to consider ongoing expenses such as taxes, insurance, utilities, HOA fees and repairs. To predict future maintenance expenses, use the 1% rule, which recommends that homeowners set aside 1% of their home’s purchase value annually.  For example, if you plan on buying a vacation home for $1 million, estimate $10,000 for future repairs each year. Consider setting aside 2% or 3% for mountain or coastal homes, which often come with higher material costs and are more vulnerable to climate-related exposure. How often you’ll realistically use the home To determine if vacation rentals are a good investment, you’ll need to know how much time you plan to spend in yours. The frequency in which you plan to visit your second home determines its value.  For example, if you spend 5 nights in a vacation home that costs $30,000 annually, you’re paying $6,000 a night for the privilege. If you plan to stay 40 nights per year, the nightly cost drops to $750. Your overall availability and proximity to the property greatly affect your ability to spend time in it, so be mindful of your work and life commitments beforehand. Whether renting it out is a priority Renting your home can bring in additional income, but it’s important to know if there’s demand in the area. If planning to rent in the short term, check and make sure that’s allowed in your city, county and HOA. To estimate potential earnings, consider the rates of other rentals, especially noting if prices peak during high season or remain strong year-round.   Local regulations and rental restrictions Zoning laws may place certain conditions on your home and affect how you rent it, or let you know if renting is even allowed in your area. Homeowners associations may restrict how and when your property can be rented, or may ban short-term rentals altogether. Review any city ordinances and HOA documents for the most up-to-date zoning codes. Financing options and long-term affordability It’s typically harder to finance a vacation home because second homes are treated as higher risk, and interest rates may be Be sure to prepare for these expenses in advance to stay on budget. If high upfront costs deter you from buying a vacation home, consider a co-ownership model like Whether full ownership or co-ownership fits your goals Deciding between full or co-ownership of a property boils down to how much time you’ll spend there. Full ownership means you’re responsible for all the finances and labor of a vacation home, so it’s best to be on-site more often.  Pacso co-ownership spreads financial obligations across multiple residents and offers Co-own a vacation home with Pacaso While there are nearly a dozen reasons to buy a vacation home, the initial cost and ongoing maintenance can be daunting. Pacaso offers a unique With Pacaso, you can co-own a DISCLAIMER: This content is published solely for informational purposes and isn’t intended to be investment advice. You should consult an appropriate professional for specific advice tailored to your situation.

Dreaming of waking up to ocean waves and balmy breezes? You're not alone. In 2025, While coastal Our guide will break down the four steps of buying a beach house and discuss the pros, cons and considerations of owning a second home by the water. 1. Understand the beach house market In 2025, the luxury modern beach house market was valued at However, the beach house market can vary significantly depending on location. Some areas, particularly those popular with tourists or  As By understanding these dynamics, you can enter the beach house market with a realistic perspective on pricing and competition. Location is key, so researching specific coastal communities is crucial for making informed buying decisions. Financing options to buy a beach house For example, conventional loans for vacation homes often require a higher For those who don't require full-time ownership, Co-ownership allows you to enjoy the benefits of beach living without the full financial burden and responsibility of sole ownership. 2. Find the best beach house location While the allure of beachfront living is undeniable, location goes beyond just proximity to the water. Consider the following when searching for the best place to buy a beach house: Prioritizing these preferences will help narrow your search and ensure your beach house becomes a true haven. For example, if you're a 3. Evaluate the long-term value of a house near the beach Beyond the initial purchase, consider the long-term value proposition of your beach house. Owning beachfront property can be a fantastic By carefully evaluating the following points, you can ensure your beach house becomes a tailor-made space that fulfills your coastal living dreams: While the allure of beachfront living is undeniable, factoring in the property's long-term usability is essential. Ongoing costs, such as property taxes, landscaping, emergency repairs, and cleaning fees, can total tens of thousands of dollars in higher-end beach properties.  If this amount of upkeep seems overwhelming, consider hiring a 4. Evaluate risk factors Beachside living may be glamorous, but it comes with risk. Coastal properties are more exposed to natural disasters than inland ones, such as hurricanes, floods and tropical storms. There is also a long-term risk of sea level rise, which may be an issue if your home is built close to the water’s edge.  Unfortunately, standard homeowners' insurance may not cover these risk factors, so it's essential to discuss with your provider what they do protect and consider adding additional flood insurance to your primary coverage. Additionally, when considering a location for your beach house, check 5. Work with a local expert Instead of relying on wishful thinking, enlist the support of a knowledgeable realtor to help you make the right choice. Agents can provide you with local expertise and help you understand permit requirements, local weather conditions, and insurance specifics.  Pacaso supports those considering co-ownership with a robust team of local real estate agents who can provide regional market insights and guide you through Pacaso’s specific ownership model, which can reduce confusion and streamline the process of purchasing a beach house. 6. Complete inspections and due diligence Before finalizing any purchase, thorough inspections and due diligence are crucial to avoid These could range from structural issues due to age and wear to potential problems with plumbing or electrical systems exposed to the harsh beach environment. For example, research flood zones and storm risks in your chosen location because, while beachfront property offers stunning views, beach living might also be more susceptible to flooding or storm damage.  Standard homeowners insurance typically doesn't cover flood damage, so factor in the cost of beach-specific flood insurance when Pros and cons of owning a beach house Owning a beach house offers a unique lifestyle with undeniable advantages, but it also comes with challenges and considerations that go beyond the idyllic vacation picture. Let's dive into both sides of the equation to help you decide if a beach house is the perfect fit for your dream home. Advantages of buying a beach house Owning a beach house isn't just about proximity to the water. It unlocks a lifestyle brimming with advantages: These are just a few of the many advantages that owning a beach house can bring. But remember, the decision requires careful consideration.   Disadvantages of buying a beach house While the allure of beachfront living is undeniable, it's important to acknowledge the potential drawbacks before making a significant purchase. Here are some of the challenges that come with owning a beach house: By acknowledging the challenges alongside the undeniable advantages, you can make an informed decision that aligns with your lifestyle and financial goals. Co-own a beach home Owning a beach house might seem out of reach due to the high cost of purchasing and maintaining a waterfront property. But what if you could enjoy the benefits of beach living without the sole financial responsibility? Co-ownership through a platform like Pacaso presents an innovative solution. Pacaso offers Pacaso homes are fully managed, removing the operational burden that often comes with owning a coastal property. Local teams oversee upkeep and readiness year-round, which is especially valuable in beach environments that require ongoing attention due to weather and exposure. The result is a second home experience that prioritizes time at the beach, not time spent managing it.

There are so many ways to vacation: the consistency of a hotel, the extra space in a vacation rental, the structure of a These clubs can simplify travel and often offer a consistent quality, but they also come with commitments that may not align with your travel style. To decide if luxury vacation club memberships are right for you, here’s everything you need to know about this interesting travel program. What is a luxury vacation club?  A luxury vacation club is a membership-based program that gives participants access to thousands of hotels, rental vacation homes and travel experiences. Luxury vacation clubs take these offerings to the next level, with an exclusive, curated collection of In addition to accommodations and experiences, the best luxury vacation clubs offer members concierge services and special perks with airlines, car rental companies and more.  Many large hotel chains, such as Hilton, Marriott, Hyatt and Wyndham, have travel clubs tailored to their own collection of hotels and resorts. However, the most exclusive, luxury travel clubs operate independently of a single hotel brand, offering their members a wide range of options. How do luxury vacation clubs work?  While each luxury vacation travel club has its nuances, they typically operate with the same general model. Members usually pay a one-time initiation fee to join. Then, you’ll pay annual dues, with prices fluctuating based on how much you want to travel each year. Costs can range from a few thousand to much more, depending on how exclusive the club you join is.  In exchange for your investment, you have access to a wide range of accommodations and experiences within luxury travel clubs, many with better perks, lower per-night costs and more options than you’d find if you booked on your own. Some offer a rewards program based on your spend.  The most exclusive travel clubs — among them What are the most popular luxury vacation clubs? Vacation clubs are available at a wide variety of price points, but in the luxury space, there are a handful of clubs that lead the pack among jet-setters.  Inspirato Inspirato boasts a portfolio of high-end homes, hotels and experiences, alongside travel planning, an on-site concierge, daily housekeeping and more. Exclusive Resorts  If Inspirato is a luxury vacation club, Solstice Collection Solstice Collection is an intimate travel club membership experience, with far fewer properties but a promise of better availability. There’s a 6:1 ratio of homes to members, making it easier to book and enjoy time at the ultra-high-end luxury property of your choice.  Ritz-Carlton Destination Club The Ritz-Carlton Destination Club provides a hybrid option in the world of luxury travel club memberships, with partial ownership in their vacation club. Customers choose between a Home Club membership to invest in a single property or a Portfolio Club membership that gives access to Ritz-Carlton’s full roster of their private, multi-room estates.  Marriott Vacation Club As one of the largest travel vacation clubs, Marriott Vacation Club offers travelers a wide range of options through its points-based program. Points are redeemable at both Marriott luxury properties and hotels, with global availability. Members aren’t locked into a single property and can join the Abound program for access to Westin and Sheraton properties.  Disney Vacation Club The Disney Vacation Club is focused on access to the brand’s famous attractions, including theme parks, beach resorts, and cruises. They also host members at non-Disney properties and offer tour-based travel options, popular for adventurous families. The flexible points-based system lets members choose exactly how often they want to travel.  Hyatt Vacation Club The Hyatt Vacation Club is one of the best travel clubs for residential-style properties that often come with multiple rooms, fully stocked kitchens and traditional resort amenities. These properties are uniquely available to non-owners via Hyatt’s loyalty program, which incurs points that are redeemable at both resort and hotel properties.  How is Pacaso different? Luxury vacation clubs offer access to incredible properties around the world. So does Pacaso, with one major difference: You own your second home. Pacaso uses an innovative Pacaso takes care of all the details, from setting up a multi-member Enjoy luxury stays the Pacaso way The luxury vacation club is a popular option for travelers, but Pacaso’s co-ownership model suits those seeking long-term benefits of a property, with none of the upkeep of full ownership.  Pacaso handles property management, maintenance, and local compliance, so you can enjoy a winter stay in Tahoe without worrying about shoveling snow or arrive in London to a home that’s already prepared for you. Homes are located in some of the world’s most sought-after destinations across the U.S., Europe, and Mexico, including places like Paris, Napa Valley, Aspen, and Cabo San Lucas.  Because owners hold real equity in these homes, they’re more connected to the places they visit, supporting local communities while enjoying a professionally managed ownership experience. Browse

If your dream is to We’ll share the top seven financing differences between investment properties and second homes to better understand both options. Plus, we’ll cover the tax considerations that may affect the type of second home you choose. What is a second home? A second home is a dwelling you own in addition to your Note that the way lenders classify second homes, vacation homes and investment properties can vary. What is an investment property? An investment property is an asset you buy with the intention of generating income through rent or value appreciation. A 7 investment property vs. second home financial differences When it comes to financing, investment property and second home requirements can differ greatly. Investment properties tend to have stricter requirements, such as higher mortgage rates, a more substantial down payment and a higher credit score requirement. However, investment properties may result in substantial income or qualify for more desirable tax breaks.  Here’s an overview of how each To better understand how to begin financing investment property and 1. Mortgage interest rates Even with the same amount of money down and the same home loan length, a mortgage for an investment property will almost always carry a higher mortgage interest rate than a loan for a second home.  This is more than just a percentage; it results in a higher monthly payment, which can add tens or hundreds of dollars to the overall cost over a 15- or 30-year period. For example, a 1% increase in a mortgage rate (say, from 6% to 7%) on a $ 3 million home can add $700,000 in interest over the course of a 30-year loan. 2. Down payments According to the 3. Debt-to-income (DTI) ratio According to You should also aim for a DTI of 45% or less to increase your chances of securing an investment property or a second home mortgage. Keeping your debt ratio below 45% shows lenders that you’re financially stable and in control of your debt, which increases the chances of approval. This is because borrowers have more of a financial cushion, which lowers the perceived risk of non-payment to lenders. 4. Closing costs Lenders often charge higher origination fees (or closing costs) for investment properties than for second homes, often at a rate of 2% to 5% in comparison to the traditional 0.5% or 1% charged on a second home mortgage. 5. Income reporting Because an investment property can earn you additional income through rental or resale, mortgage lenders will often include potential future profits when calculating your DTI for a rental property. This, in turn, may mean that lenders will offer you a larger loan with more certainty that you can repay with rental proceeds. You won’t have that perk with 6. Number of units For a second home, you are only allowed a mortgage on a single-unit property. For an investment property or rental property, you can get a mortgage on a property of up to four units. This lets you scale your earnings and build a rental portfolio much quicker than buying separate accommodations. 7. Cash reserves Cash reserves are necessary for a second home or vacation home, which refers to an amount of liquid cash on hand for any home expenses. A mortgage for a second home will require you to have a minimum of two months of cash reserves on hand. For an investment property, you will need a minimum of six months’ cash reserves. Tax considerations Aside from having a firm grasp on investment property and second home mortgage rules, it’s important to understand the tax implications of both options. It’s also smart to consult with your tax adviser. Let’s break down the tax considerations.  Let’s break down the tax considerations and take a look at how the IRS handles second homes vs investment properties. 1. Mortgage interest While mortgage interest on a second home is often deductible for personal use, it can also be claimed as a business expense for an investment property, potentially providing 2. Property taxes You can potentially deduct the property 3. Rental income Income you earn from your 4. Home equity loan interest Interest on a home equity loan for a second home may be deductible. In contrast, interest on a home equity loan for an investment property is generally deductible as a business expense. Now that you’re aware of the major differences between a second home vs. an investment property, it’s time to decide which option best suits your needs. If you decide that With

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. 

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. Take a look at your potential

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

Steeped in Southern hospitality and boasting stunning natural beauty, North Carolina is a magnet for full-time residents and vacationers. But like any great place, the Tar Heel State has its share of drawbacks that prospective second home owners should know.  Let’s explore the 17 most significant pros and cons of living in North Carolina to help you determine if it's your North Carolina 101 North Carolina is celebrated for its diverse geography, rich cultural roots, and a booming job market. It’s also a hot spot for vacationers and second-home seekers looking to own a slice of the Southeast without the full-time commitment. So, if you want a taste of their famous barbecue pork while on your road trip to the Blue Ridge Parkway or the Outer Banks, take a chance and discover what this state is all about. Pros of living in North Carolina The benefits of living in North Carolina include diverse landscapes, a mild climate and a flourishing job market, all of which contribute to a high quality of life. 1. Low cost of living North Carolina has a lower cost of living compared to many other states, making it an attractive and 2. Outdoor activities ​​With stunning 3. Mild climate The state’s diverse geography creates a variety of climates. The mountains have cooler temperatures year-round, with distinct seasons and occasional snowfall in winter. The central Piedmont region experiences warm summers and mild winters. The coastal plain enjoys hot, humid summers and relatively warm winters. The state is home to 4. Food and dining options Savor the rich flavors of North Carolina's culinary scene, from classic Southern comfort food like fried chicken and biscuits to fresh seafood caught off the coast. Don't miss the chance to sample local favorites like hushpuppies and shrimp and grits. North Carolinian food is so popular that four restaurants rank among some of the 5. Rich history and culture Immerse yourself in North Carolina's fascinating history and vibrant culture. From exploring the mysterious Roanoke colony to celebrating the birthplace of aviation at Kitty Hawk, North Carolina provides fascinating glimpses into the past. Wander through towns like Asheville that overflow with 6. Job opportunities North Carolina's job market has grown at a steady 7. Thriving arts and culture scene From historic theaters to contemporary art galleries, there's something for everyone. Cities like Raleigh, Durham and Charlotte are home to world-class museums, live music venues and performing arts centers. Asheville, known as the Paris of the South, is a hub for independent artists, craft breweries and eclectic shops.  8. Great educational opportunities  North Carolina is home to a strong network of public and private universities, community colleges and technical schools. Renowned institutions like the University of North Carolina at Chapel Hill, Duke University and North Carolina State University attract top-tier faculty and students from around the world. Together, th​​ey create The Research Triangle, a hub for academics, businesses and startups. 9. Air travel North Carolina offers excellent air travel access thanks to two major airports: Cons of living in North Carolina Although the state is known as an affordable, 1. Natural disasters Hurricanes, tornadoes, floods and severe thunderstorms are common occurrences in North Carolina. Coastal areas are particularly vulnerable to hurricanes, while inland regions face the threat of tornadoes and flash floods. Keep this in mind if you’re eager to Residents can experience all four seasons, with hot, humid summers followed by crisp autumns, mild winters with occasional snowfall in the mountains and temperate spring weather. Be prepared for sudden downpours, especially during the summer months, which may occasionally delay your 2. Traffic While North Carolina can provide a slower pace of life than many other states, traffic congestion can be an issue in major urban areas like Charlotte, Raleigh and Greensboro, especially during rush hour. Although North Carolina 3. Crime rates Crime rates in North Carolina vary significantly by region. Cities tend to have higher crime rates than rural areas. Researching specific neighborhoods is essential when considering relocation. Both property crime and violent crime are 4. Expensive healthcare North Carolinians pay some of the 5. Lack of public transportation While public transportation options are improving in major cities, many areas of North Carolina still rely heavily on personal vehicles. This can limit mobility for those without cars who want to explore the state's natural wonders. Despite a 6. Poor infrastructure North Carolina's infrastructure ranked 31st nationally in 2023, according to a 7. High pollen levels Due to its climate and abundant vegetation, North Carolina experiences high pollen levels, particularly in the spring and fall. Tree pollen (especially oak, hickory and ash) is a major culprit during the spring months, while ragweed pollen dominates in the fall. 8. Housing market inflation The state’s housing market has seen a surge in home prices in recent years. This can make it challenging — particularly for Popular places to live in North Carolina North Carolina offers diverse living experiences, from bustling cities to tiny mountain towns. Here are three of the most popular locations for residents and Asheville Asheville has emerged as a vibrant hub for arts, culture and outdoor enthusiasts. Nestled in the Blue Ridge Mountains, the city is known for its stunning natural beauty, a thriving craft beer scene and a relaxed mountain lifestyle. The city has quickly become known as an Instagram-worthy Charlotte Charlotte is North Carolina's largest city, offering a dynamic urban experience with a sophisticated Southern style. The Queen City boasts a thriving job market, a diverse culinary scene, and a growing arts and culture district. For second home owners, Charlotte has a balance of city amenities and proximity to outdoor attractions like Raleigh As the state capital, Raleigh blends a growing tech scene with the warmth of Southern hospitality. The city has a high quality of life, excellent schools and a vibrant downtown area. For second home owners, Raleigh provides access to cultural attractions, sporting events and 180 miles of greenways. Co-own in North Carolina with Pacaso After weighing the pros and cons of living in North Carolina, it's no wonder many aspire to own a piece of this captivating state. However, Pacaso co-ownership is the modern solution to this challenge. By co-owning a luxury Pacaso home in North Carolina, you can experience the joys of second home ownership without the burdens. You'll enjoy

Looking for the best places to celebrate New Year’s Eve this year? Across the world, you’ll find larger-than-life celebrations and meaningful cultural traditions that will usher in the new year in the most memorable ways. Add in your own family rituals, and you’ll have a New Year’s Eve celebration that feels personal, festive, and unforgettable. 1. Extravagant celebrations —London, England London sets the global standard for New Year’s Eve grandeur. The legendary fireworks show over the Thames, complete with choreographed music and lights, is nothing short of spectacular. Visitors and residents can celebrate with river cruises, West End parties, and Michelin-star dining, for a truly 2. Iconic views — Paris, France Paris glows even brighter on New Year’s Eve and consistently ranks among the best places to celebrate New Year’s Eve. The Champs-Élysées transforms into a festive promenade, complete with light projections on the Arc de Triomphe and celebrations that spill into neighborhood cafés, wine bars, and riverfront parties. For a magical midnight moment, fireworks illuminate the sky around the Eiffel Tower, creating a dazzling display against one of the world’s most recognizable landmarks. 3. Warm-weather escape — Hawaii If beach days and tropical breezes are your ideal way to greet the New Year, Hawaii is hard to beat. Pleasantly warm temperatures pair with beachfront fireworks, festive luaus, and countdowns set to island time. Many resorts host elevated NYE dinners and live music, making it a favorite for both families and couples seeking a relaxed yet celebratory atmosphere. 4. Off the beaten path — Florida Keys, Florida The Florida Keys bring a relaxed, come-as-you-are energy to any New Year’s Eve party. Enjoy sunset cruises, oceanfront fireworks, fresh seafood feasts, and quirky local traditions like the famous 5. Cultural traditions — Tokyo, Japan Tokyo blends modern festivities with deeply rooted cultural traditions on New Year’s Eve. Fireworks aren’t as common here, but instead, visitors will be met with countdown concerts, illuminated cityscapes, and vibrant neighborhood celebrations. At midnight, many locals head to temples for bell-ringing ceremonies or visit shrines for 6. World-famous countdown — New York City, New York Few places are as synonymous with New Year’s Eve as New York City. At the center of the celebration is the Times Square ball drop, a global spectacle known for celebrity appearances, confetti showers, and millions tuning in worldwide. If crowds aren’t your thing, the city has endless things to do on New Year’s Eve — harbor fireworks, rooftop parties, swanky lounges, and culinary experiences. 7. Music lovers’ celebration — New Orleans, Louisiana For travelers who want rhythm, soul, and authentic community energy, New Orleans fits the bill. Live jazz pours from every corner, and the riverfront fireworks illuminate the French Quarter. Festivities in Jackson Square, street performances, and local celebrations create a lively, joy-filled welcome to the year ahead — perfect for those who want music to set the tone for midnight. 8. Epic fireworks display — Sydney, Australia Consistently topping lists of the best places to celebrate New Year’s Eve, Sydney is one of the first major cities to welcome the New Year — and it does so with unforgettable style. The city hosts one of the world’s biggest fireworks shows over Sydney Harbour, a true once-in-a-lifetime sight. With the Harbour Bridge and Opera House as dramatic backdrops and warm summer weather inviting outdoor festivities, harbor cruises and waterfront gatherings make the celebration even more spectacular. 9. Elevated party scene — Cabo San Lucas, Mexico 10. Family-friendly festivities — Jackson Hole, Wyoming Jackson Hole offers a warm, welcoming way to ring in the New Year — complete with snowy mountain charm. Festive New Year’s Eve traditions like fireworks at Teton Village, torchlight parades, cozy lodges, and lively après-ski gatherings create an atmosphere that’s just as exciting for every member of the family. It’s a magical winter destination with Best places to celebrate new year’s eve in 2026 Snowy mountains, lively cities, and sunny coastlines each bring something special to New Year’s celebrations. You might spend the evening exploring local culture, enjoying the great outdoors, or watching fireworks light up the sky. With a second home in your favorite destination, you can start your own New Year’s Eve traditions and create memories that carry on through the years.  Pacaso makes it easy to own a share of a fully managed luxury property, so you can celebrate the holidays in style without the stress of full-time ownership, turning every New Year’s Eve into a moment you and your loved ones will look forward to year after year.

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,

For many of your second home clients, co-ownership will be a new concept. They may be asking, “What is Pacaso?”, “How does Pacaso work?”, Here’s a helpful reference you can use to explain the benefits of Pacaso’s fully managed LLC co-ownership to your clients What is Pacaso? Founded by former Zillow executives, Pacaso is a technology-enabled marketplace that modernizes real estate co-ownership, enabling families to effortlessly own a luxury vacation home and travel with confidence. Pacaso buys extraordinary homes in top locations and creates an LLC for each home. Buyers purchase the amount of ownership that meets their needs, starting at one-eighth. Each home has a maximum of eight owners, and when the home has been fully sold, Pacaso does not retain any ownership. Pacaso professionally manages the home, handling home design, turnover services, maintenance, bill payment, repairs, LLC oversight, taxes, and more. Owners use the company’s equitable SmartStay™ scheduling system to book stays in their turnkey home anywhere from two days to two years in advance. How Pacaso compares to other co-ownership models Co-ownership and fractional ownership are not new ideas, but Pacaso has modernized the concept for those buying a second home. Unlike traditional fractional ownership or timeshares, which often involve resort-style properties or limited usage rights, Pacaso focuses on true property ownership in high-end, single-family homes in premier destinations. Here’s how Pacaso stands apart: In short, while other co-ownership models may offer shared access, Pacaso offers shared ownership with all the benefits of real estate investment, and none of the stress. Understanding these key differences can help you confidently present Pacaso as the best solution for clients buying a second home. Answers to clients' commonly asked questions: Pacaso is a real estate service that allows buyers to co-own luxury second homes through an LLC. Owners purchase a share that fits their needs, from 1/8 to 1/2 of the home, while Pacaso handles maintenance, scheduling, and management. This approach lets buyers enjoy a turnkey, fully furnished home for less cost and hassle than full ownership, while still building potential equity. No. Pacaso is LLC Yes. The legal forms and closing process will be largely the same as a standard home purchase. Local agents (like me) partner with Pacaso and receive commission when our buyers close on a sale of a Pacaso. Yes. Pacaso offers buyers access to a competitive-rate mortgage for up to 70% of their home’s purchase price. Buyers can also use other funding sources such as a HELOC, credit line or cash. Owners book stays using the Pacaso app, designed to make scheduling easy and equitable based on your amount of ownership. You can schedule stays throughout the year, anywhere from 2 days to 24 months in advance, and there are no fixed selection periods. Selling your Pacaso share is simple and streamlined. You set your own price with guidance from Pacaso, and our marketplace connects you with interested buyers, including other co-owners. Because you’re transferring an LLC interest rather than the property itself, the process is fast and hassle-free. Many owners also benefit from potential equity gains, with Pacaso shares historically selling at an average 10% increase. If your clients have additional questions, you can direct them to our

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.