10 second home down payment options for 2025

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

At first glance, co-ownership of a Pacaso might not seem that different from a timeshare. After all, you don’t own the whole home yourself, so you can’t just show up on a whim anytime you feel like popping over. But, that’s where the similarities end. Start searching for information on timeshares, and you’ll find a lot of horror stories. Read And that’s because Pacaso is not a timeshare, it’s true property ownership (but without all the hassles). Here are five reasons buying a holiday home with Pacaso will fill you with joy, not regrets. Each Pacaso is a one-of-a-kind holiday home Not just any property can be a Pacaso. We seek out the best properties in the best locations — each one is different, and all of them have that special “wow” factor. Then our professional interior designers get to work, selecting the perfect furnishings, modern amenities and special touches to ensure your home is a place you’ll feel comfortable and relaxed whenever you walk through the door. A Pacaso is a luxurious home away from home.  A timeshare is almost always a unit at a hotel or apartment complex. Think cookie-cutter floor plans and typical hotel-style furniture. You might have neighbours on both sides, above and below — hopefully the soundproofing is up to scratch.  A small group of co-owners enjoy the property Because Pacaso limits the number of shares per home to eight, you and just seven other owners, at most, will have access to the property (only one owner will occupy the property at a time, of course). Plus, Pacaso properties are reserved for the exclusive use of owners and their guests — rentals aren’t permitted. Pacaso vets potential owners, who agree to a common sense Code of Conduct to ensure they will treat the home as their own — because it is! Plus, you won’t feel like you’re “sharing” your Pacaso. We conduct a thorough inspection and cleaning after each stay, so your holiday home is pristine when you arrive.   A timeshare unit may be shared by 52 other people — one person or group for every week of the year. Additionally, some timeshares allow for swaps or rentals, increasing the number of potential guests.  You own property, not time One of the biggest differences between Pacaso and a timeshare is what you actually When you purchase a timeshare, you typically own the right to You can use your home year-round Each Pacaso share gives an owner ongoing access to their home, and most owners stay 6-7 times per year. You aren't locked into a specific week or weeks each year, and you don’t even have to schedule weeklong stays. You can enjoy a weekend getaway or a mid-week escape, and you have the flexibility to plan stays anywhere from 8 days to 24 months in advance. Short-notice stays can be booked just two days in advance! You’re also guaranteed one “special date” per year, which includes school holidays, Christmas and other bank holidays. You may not get your first choice every year, but since you can book dates up to two years in advance, you’ll always have another opportunity to bag your favourite. You book time at your home using the Pacaso app, powered by our SmartStay scheduling system. It’s easy to use and equitable for owners, based on the number of shares you own.  When you buy time at a timeshare, you’re often locked into a fixed week, year after year. You may have a “floating week” option, but your choices are still restricted to a range of dates. With either option, you can only check in on certain days, and you typically must book a full week. There are exchanges and point-based systems which allow you to choose different resorts, but you’ll often pay extra for more desirable locations, and availability can be limited. If you have a fixed-week schedule, you may never get a particular holiday week if it was already locked in by another owner.  The resale process is streamlined We think you’ll love your second home for years to come — but when it’s time to sell, we want that process to be as smooth and simple as the purchase process. You set the price you want, and we’ll market and list the home much like a traditional property listing. Because our properties are thoughtfully selected and located in some of the most desirable holiday home markets, we’ve experienced strong buyer demand for Pacaso shares. On average, Pacaso shares resell in fewer than 10 days, with a 10% gain, on an annual basis ( For timeshare owners, resale is one of the biggest sources of stress. There’s a supply and demand imbalance, with a glut of sellers trying to get rid of their units (and the accompanying resort fees) to a smaller pool of buyers. There is a resale market, to be sure, but most people end up selling at a huge loss — you’ll find sellers on Ebay asking Experience the joy, not the regrets Pacaso offers exceptional holiday homes in top locations. Our pricing and costs are transparent and equitable, and you’ll never be surprised by hidden fees or bound to a rigid schedule. Instead, you get to enjoy your own private, luxurious oasis throughout the year, while Pacaso takes care of maintenance and property management.

The Rise of Sustainable Luxury in Real Estate In the world of luxury real estate, a new trend is emerging that marries opulence with environmental responsibility. High-net-worth individuals are increasingly seeking second homes that not only offer lavish amenities but also embrace sustainable practices. From the rolling Eco-Friendly Innovations in Sonoma Sonoma County is a beacon of sustainable luxury, where eco-conscious homes blend seamlessly with the natural beauty of Discover the sustainable charm of Sustainable Living in Santa Barbara & Montecito In Santa Barbara and Montecito, luxury homes are designed to harmonize with the coastal environment. These properties often feature solar panels, smart home technology, and native landscaping. The integration of sustainable materials and energy-efficient systems not only reduces environmental impact but also enhances the home's aesthetic appeal. Eco-Conscious Design in Jackson Hole Jackson Hole is a leader in eco-friendly architecture, where homes are crafted to blend with the breathtaking natural surroundings. Sustainable features such as geothermal heating, reclaimed wood, and rainwater harvesting are common. These innovations not only promote environmental stewardship but also offer long-term cost savings. Experience the serene beauty of Urban Sustainability in London London's luxury real estate market is embracing sustainability with features like solar panels, Explore the elegance of the Eco-Luxury in Bend, Oregon Bend, Oregon, is a haven for eco-luxury living, where homes are designed to minimize environmental impact while maximizing comfort. Features like high-performance insulation, solar panels, and water-saving fixtures are standard in these properties, reflecting a commitment to sustainability. Immerse yourself in the natural beauty of The Role of Co-Ownership in Sustainable Living Co-ownership models, like those offered by Pacaso, are making sustainable luxury more accessible. By sharing ownership, multiple parties can enjoy the benefits of a high-end, eco-friendly home while reducing the overall environmental footprint. This innovative approach aligns with the growing demand for sustainable living solutions. Conclusion: Embrace Sustainable Luxury Sustainable luxury homes are not just a trend; they represent a fundamental shift in how premium real estate is defined. By integrating eco-friendly features and innovative co-ownership models, these properties offer a unique blend of opulence and environmental responsibility. Explore the possibilities with Pacaso and discover how you can own a piece of sustainable luxury in top destinations like

Coordinating Your pet deserves luxury on vacation, and so do you. Selecting the right destination can provide you and your pet with the carefree escape you’re hoping for — and maybe even introduce you to a location for a second home that's great for you and your pup. Browse these top pet-friendly vacation spots — listed in no particular order — to get ideas for your next trip. Ready, set, go fetch your next dog-friendly vacation destination! 1. Block Island, Rhode Island When it comes to dog-friendly vacations, Block Island is one destination you won’t want to miss. From scenic walks to water taxis, there's so much for you and your pup to enjoy together. Brenton Point State Park offers beautiful views of the bay, with kite fliers taking advantage of the gusty ocean winds. Have a picnic at Grab a bite to eat at 2 The City of Brotherly Love extends its hospitality to four-legged friends. Visit For a break from the concrete jungle, head to the 3 This Northeast pet friendly vacation spot has beaches, brewskies and bogs to entertain you and your dog. Surfside, Brant Point and Cisco Beaches all provide sandy ocean fun. Take a ride on the When it’s time to rehydrate and replenish your calories, head to Easy Street Cantina or the Sandbar at Jetties Beach for fresh food and refreshing drinks. In terms of dog vacations, this one is hard to top.  4. Jim Thorpe, Pennsylvania What may at first seem like a sleepy town in the Poconos is a must-see place to go with your dog. Fido is welcome on the vintage 5. Long Island, New York The largest island in the country offers pet-friendly beaches, hiking trails and more. Take your dog walks up a notch by strolling around Long Island has plenty of dog-friendly breweries, and there’s even a tour that takes you to all of the best neighborhood taprooms. 6. Lake Placid, New York There’s so much to experience in Lake Placid. Enjoy a convenient stay at the pet-friendly Town House Lodge, just a stone's throw away from the lake and a short walk from Main Street. Rent a boat from The 7. Stowe, Vermont Stowe has no shortage of pet-friendly vacation ideas. The 8. Bar Harbor, Maine If you and your furry friend share a love for the ocean, the seaside town of Bar Harbor has everything you need. This quiet town of 5,000 provides nature cruises for leashed pets, so you both can try spotting a variety of sea creatures, like porpoises and seals.  Take a picturesque walk around dog-friendly 9. Chicago, Illinois Bring your pet to this lakeside city for fun on and off the water. Multiple Montrose Dog Beach allows your pet to dip their paws in the lake and even provides free waste bags and a dog wash area. The pet-friendly 10. Madison, Wisconsin Sitting on an isthmus between two lakes, Madison has a whole lot of green space perfect for traveling dogs, including For two-legged visitors, The BarleyPop Tap and Shop provides another dog-friendly taproom with an extensive craft beer selection. If spirits are more your thing, the 11. Milwaukee, Wisconsin Stroll Milwaukee’s winding Treat your good dog to a spa day at 12. Grand Haven, Michigan This cozy western Michigan town offers plenty of fun for you and your pup while avoiding the overwhelming crowds of some better-known dog-friendly getaways. Take your time as you stroll down the Rent your own pontoon for a relaxing cruise or a water skiing excursion. Then step back into a time capsule at 13. Cleveland, Ohio This Lake Erie city blends freshwater fun with urban attractions. The downtown dog park offers 3,500 square feet of off-leash play space. The Then head to the 14. Indianapolis, Indiana This dog-friendly getaway blends city entertainment with natural attractions. The Enjoy the Downtown Canal Walk’s three-mile loop, or rent a pedal boat for a unique view of the city. Treat your pup to a movie at the 15. St. Augustine, Florida St. Augustine, the oldest continuously inhabited city in the U.S., is brimming with history for you and your pet to experience together. Ponce de Leon’s Fountain of Youth Archaeological Park includes a planetarium, Timucua Native American village and an observation deck. Wild peacocks roam the park, so be sure to keep your dog leashed.  In town, you can take your dog on a wine-tasting tour in a horse-drawn carriage or ride on 16. Key West, Florida Your leashed dog can stay by your side as you tour the local aquarium and witness shark feeding and alligator exhibits. You won’t want to miss your chance to dine on fresh seafood like fish tacos at 17. Asheville, North Carolina If the Southeast is more your style, grab the leash and head to Asheville, North Carolina. Take a stroll through Asheville has trolley tours for dogs up to 25 pounds, or you can scratch nature’s itch with a walk through 18. Charleston, South Carolina Fans of the macabre won’t want to miss the city’s 19. Hilton Head, South Carolina You can stick to living on island time at pet-friendly The 20. Shenandoah Valley, Virginia Virginia may be for lovers, but it’s also great for your fur baby. Shenandoah Valley has dog-friendly wineries, nature trails and other activities.  The 21. Birmingham, Alabama Get a taste of Southern comfort food at Crazy Cajuns’ Boiling Pot, the punk rock-friendly Black Market Bar and Grill or Back Forty Beer Company.  22. Austin, Texas Austin is one of the best pet-friendly vacations in the United States! Prepare for sensory overload at the When you need a little extra energy to make it through the day, or maybe just to burn some of your pet’s energy, head to the 23. Sedona, Arizona 24. Albuquerque, New Mexico This Southwest city is well-known for its delicious food and lively festivals, but its reputation as a pet-friendly destination is also noteworthy. Your leashed dog can join you on an outdoor adventure along the La Luz Trail, much of If you need to give your paws a break, hitch a ride on the open-air 25. San Francisco, California San Francisco makes our list of best pet-friendly vacation spots thanks to its gorgeous scenery and dog-friendly accessibility. Your dog can splash in salt water at Golden Gate Park’s off-leash section is a viable alternative for dogs wanting to keep sand out of their fur. For an added activity, try the modern treasure hunt known as geocaching, which is great for dogs and children alike.  26. South Lake Tahoe, California Bring your dog with you as you try your hand at sport fishing, kayaking or paddleboarding. Lake Tahoe’s dog-friendly beaches also provide the option for a restful day soaking up the sun. Stop at the 27. Huntington Beach, California Huntington Beach — aka Surf City, with its 10 miles of coastline — is an evergreen pet-friendly vacation destination, thanks to its sunny After a day of frolicking on the beach, try some fresh seafood at 28. San Diego, California Make your dog’s ocean dreams a reality by taking a pet-friendly vacation to For a more sure-footed activity, spend the afternoon at the 29. Napa, California Stock up on necessities or treats for you and your dog at the 30. Colorado Springs, Colorado Get away from big-city vibes and get back into nature in Colorado Springs. The impressively named For the less adventurous, Colorado Springs has plenty of places to go with a dog. 31. Kanab, Utah You have to see Kanab to believe it. Known colloquially as “Little Hollywood,” dozens of movies and television series are filmed in and around the area’s national parks due to the striking scenery. Your dog can join you as you walk remote trails, or you can both jump in a 4x4 for a guided desert safari. Be sure to stop by the 32. Boise, Idaho If you and your hound are tired of being confined indoors, Boise is a perfect pet-friendly escape. Tree-lined paths link the Winstead Park offers designated off-leash hours throughout its 11 acres of green space. The Spacebar Arcade lets you drink and game with your dog by your side. And your pup is welcome at the 33. Seattle, Washington Beat the heat with a pet-friendly vacation to the Pacific Northwest. Visit the city’s largest downtown green space at Along the shores of Lake Washington, you’ll find the 230-acre 34. Bend, Oregon The city of The Riverbend Beach Dog Park is a fenced oasis for your furry friend to socialize in and out of the water. Drink in Bend’s craft beer scene by walking the Taking a vacation with man's best friend requires some extra planning, but with some careful preparation — it'll give both you and your pup something to wag about.  Before you hit the road, make sure your pet is primed for the journey. Pack essentials like food, water, bowls, a leash, and any necessary medications to set your pack up for success. Ensure your pet's identification and vaccinations are current, and consider a microchip for extra safety. If traveling by car, secure your pet with a harness or carrier, and plan for frequent breaks for potty stops and exercise. After all, a tired pup is a happy pup! When selecting a dog-gone great destination, consider the climate and specific activities you and your pet will enjoy. Research pet-friendly parks, Sites like BringFido, Petswelcome, and GoPetFriendly specialize in pet-friendly accommodations. They have filters to narrow your search based on pet size, breed, and any extra fees. For example, on BringFido, you can filter for hotels with no size restrictions, which is perfect if you have, say, a Great Dane. Sites like Now that you've planned your destination and travel, it's time to nail down an itinerary that will Here are some of the best types of activities to share with your dog on vacation:  The great outdoors is almost always a safe bet for dog-friendly vacations. Hike scenic Who says pups can't be cultured? Many experiences, such as museums, zoos or historical tours, are pet-friendly. For instance, in Charleston, South Carolina, you can take a pet-friendly After a day of exploring, treat yourself and your furry friend to some delicious eats, a local beverage, or some Remember to always confirm pet policies beforehand to ensure an enjoyable experience for you and your pet. Tips for a pet-friendly vacation The key to a successful pet friendly vacation is preparation. Keep these tips in mind before hitting the road or taking to the air. 1. Consider the mode of transportation How you’ll get to your destination depends on how far away from home you’re going, of course, but you’ll also want to consider your dog’s comfort. Some dogs are perfectly fine flying on an airplane, but it can be traumatic for others. Some dogs love a road trip, while others don’t like being stuck in a car for a long time. Consider your dog’s personality before plotting your course.  2. Test your pet’s travel tolerance Before you go on a vacation with pets, see how they respond to being cooped up or in a car for long periods. You may discover they get motion sickness or need more frequent breaks than you were prepared for. 3. Double-check dog-friendly accommodations Before you leave, it’s smart to verify that you can bring your furry friend along to your hotel or vacation rental. Businesses can change their policies at any time and you don’t want to be left without a place to stay. The best dog-friendly hotels go out of their way to welcome four-legged guests, with special amenities like treats and dog beds.  Regardless of where you stay, it’s important to note even when dogs are allowed, many hotels won’t allow you to leave your pet unattended in a hotel room while you’re out and about.  4. Make a dog-friendly vacation itinerary Think through the places you want to visit on your vacation. For example, dogs are allowed in most national parks, but you’ll need to keep them on a leash and on the trail at all times. In town, look for pet-friendly restaurants with outdoor dining options. 5. Pad your travel schedule Even a well-trained dog can act out of character in new or unfamiliar environments. Allow for extra time for your four-legged friend to get acclimated so you don’t miss out on sought-after activities or reservations.  6. Update your pet’s identification and vaccinations Make sure their collar or chip has your current contact information. This way if you get separated while on vacation, they can be identified and reunited with you. On top of that, doublecheck that all of your pet’s vaccinations are up to date. Many businesses, including 7. Bring extra supplies Pack more waste bags, medications and other necessities than you think you’ll need, just in case.  Don’t forget to pack food, a water bowl and a few items to help your pet feel comfortable, like a portable dog bed and a few of their favorite toys and treats.  Buy your own dog-friendly vacation home Like most humans, most pets enjoy a sense of familiarity and routine. Instead of staying in a new hotel in a new city every time you travel, consider setting down roots in your (and Fido’s!) favorite dog-friendly vacation destination. The best dog vacation is one your pup will enjoy every time.  As a second home owner, you can enjoy all the comforts of home while venturing out together in search of local dog-friendly parks, dog-friendly hiking trails and maybe even a dog-friendly beach.  It should come as no surprise that man’s best friend can also make a great companion on your travels, but pet-friendly vacations require a special type of planning to make them enjoyable. Use the destinations on Imagine having a second home in one of these pet-friendly destinations. Browse

If you've ever found yourself pondering mansion prices — whether fueled by aspirations of grandeur as a homeowner, a fascination with amazing The cost of a mansion can vary greatly depending on several factors, including: Mansions are typically high-end, extravagant properties, and their prices can range from What is a mansion? A Mansions may also boast additional amenities like resort-style swimming pools, home theaters, extensive landscaping, private gyms, wine cellars, bowling alleys, private golf courses, spas, and guest houses. How much do mansions cost to build? The While providing an exact figure without specific details is challenging, the cost of building a mansion can range from several million to hundreds of millions of dollars. The cost per square foot of constructing a mansion is generally higher than that of a standard home due to the higher-quality materials, intricate designs and ornate features. It's important to note that you must consider additional expenses when estimating the overall cost of building a mansion, including: Needless to say, it’ll most likely be your most expensive option regarding home types. To obtain a more accurate estimate for building a mansion, it’s best to consult with experienced architects, contractors and construction professionals who can assess your needs and provide a detailed cost analysis based on your desired specifications and location. Below are the pros and cons of getting a mansion built: How much does it cost to buy a mansion? According to the Federal Reserve Bank of St. Louis, the However, the cost of a mansion can vary depending on other factors, which is why you’ll find mansions spanning from $1 million to well over $300 million.  For example, in extremely wealthy areas such as Beverly Hills, mansions can often be priced in the tens of millions or even hundreds of millions of dollars. On the other hand, in less expensive areas with a lower cost of living, the price range for mansions may be much lower.  While it’s possible to find homes larger than 8,000 square feet priced under $1 million, they may be run-down or lack the stately finishes and amenities commonly found in mansions. In this case, a renovation might be worth considering, which is also a factor to consider when buying vs. It's also important to take into account the additional expenses associated with owning a mansion, including: These costs can be considerably higher than those of a standard home due to the larger property size. Below are the pros and cons of purchasing a mansion: How much it costs to rent a mansion Renting a home generally costs approximately While rental properties often take care of maintenance and utilities for you, some don’t, adding an extra expense to consider when renting. While securing a long-term lease for a mansion may not be a practical option for many people, it can certainly be a fun choice for a short-term stay, such as a weekend getaway or a How much does a mansion cost through co-ownership? While purchasing a mansion as your Considering you will only be utilizing the property during specific periods throughout the year, co-ownership is pretty convenient. You might even consider inviting friends or family members to share ownership with you. To ensure mutual understanding, it’s a good idea to engage a lawyer who can assist in drafting a formal agreement that delineates the terms and conditions of the shared ownership arrangement. Below are the pros and cons of owning a mansion as a second home. A mansion is undoubtedly a major investment if you’re looking to Although living in a mansion may be a dream for those with a taste for luxury, it’s not always a realistic option. Fortunately, your aspirations of owning a mansion can become a reality when you Check out

When you decide to sell a whole home, you might take a look at recent home sales in your area, check your home value on various real estate sites, decide on a price, list the home and wait for offers to roll in. When you own a Pacaso, the sales process includes some of those steps, but you’ll find it simpler and more streamlined. Here’s how it works. 1. Sell on your terms Any Pacaso owner can choose to sell their ownership interest, at any time.* Each owner has independent control over the sale of their share, which is a key benefit of our professionally managed LLC co-ownership model and a big advantage over timeshares. Once you’ve decided to sell, simply let us know, and we’ll provide you with a current comparative market analysis (CMA) for your ownership interest. The CMA is compiled using local market data, comps, trusted valuation models, and our knowledge of what active second home buyers are willing to pay. You’re in control of the final price, however. You can use the CMA in addition to guidance from Pacaso or your own research to decide what the sale price should be. 2. Take advantage of an existing marketplace Unlike a typical home sale, Pacaso has two ways to assist you in the sale process Second, many homes have a wait list of interested buyers. Our sales Crew will tap into our buyer pipeline when a share is up for resale and inform any buyers who may have missed out on the opportunity initially, as well as buyers who’ve indicated interest in similar homes in that area. Between current owners and Pacaso’s buyer marketplace, you may be able to sell your share without listing it.  3. Get the full marketing treatment As the market leader in vacation home co-ownership, Pacaso puts the resources of our entire team behind owners looking to resell their Pacaso home. First, we market to existing Pacaso owners and our marketplace of buyers (some homes even have waitlists). Next, we prepare your share for broad exposure on the open market to ensure you have every opportunity for a sale. If we don’t have an offer right away, we’ll include the home as an active listing on our website and work with our local partner agents to hold open houses and market the listing through their networks. We then market your listing through a mix of traditional and digital media advertising, leveraging our proprietary technologies along with custom, data-driven strategies tailored to your unique offering. 4. Experience a seamless and transparent transaction Pacaso’s role in the sale is to help facilitate the transaction and find buyers. There’s no lengthy closing process, no due diligence period, and no need for a title and escrow company, because the title doesn’t change. The LLC membership interest is simply reassigned to the new owner at closing. If the buyer is paying cash, closing can be as soon as the next day. If the buyer is financing their purchase, closing is still much faster than a typical sale, often just 1-2 weeks.  Pacaso resale performance According to From 2021 to 2024, Pacaso homes have outperformed market averages in several luxury markets. In Napa-Sonoma, CA, Pacaso shares appreciated by 12.4%, compared to the market's 0.4%. Lake Tahoe, CA, experienced a 9.5% appreciation in Pacaso shares, versus the market's 3.2%. In Vail, CO, Pacaso shares grew by 6.7%, compared to the market's 1.2%. Finally, in Charleston, SC, Pacaso shares appreciated by 7.9%, while the market saw a 2.9% increase. Overall, Pacaso shares have consistently outperformed the broader luxury market. Looking across all resales, Other avenues for Pacaso owners Owner selldown If you decide your Pacaso isn’t a good fit, or if you purchased more ownership than you’re using, you have options beyond a traditional resale. Own 1/4 or 1/2 of a Pacaso, but only use it 1/8 of the time? You can right-size your ownership by selling a portion of your ownership interest. A selldown works the same way as a resale transaction, but you retain a share of the home.  Pacaso gives sellers an exceptional level of flexibility, control and peace of mind. Hear from Pacaso owners about the ease of their resale experience. Frequently asked questions Can the seller really choose any sale price? Pacaso recommends a price, but the seller makes the final call. If the price seems too high, we’ll share the information we have about the buyers in our pipeline, including what we know about their price ranges. But the seller can choose to proceed with the price they’ve set and see what the market will bear.   What happens if a share isn’t selling? As the market leader in vacation home co-ownership, Pacaso puts the resources of our entire team behind owners looking to resell their Pacaso home. First, we market to existing Pacaso owners and our marketplace of buyers (some homes even have waitlists). Next, we prepare your share for broad exposure on the open market to ensure you have every opportunity for a sale. If we don’t have an offer right away, we’ll include the home as an active listing on our website, and work with our local partner agents to hold open houses and market the listing through their networks. We then market your listing through a mix of traditional and digital media advertising, leveraging our proprietary technologies along with custom, data-driven strategies tailored to your unique offering. If we’re not seeing buyer interest despite these marketing efforts, we might recommend lowering the asking price. Can buyers negotiate on price?  Yes, we think of the resale marketplace as fluid and moving in line with the open market, so buyers are welcome to bring offers. The seller can choose to accept or decline any offer.   Are there closing costs, commissions or other transaction fees?  For sellers, a 6% commission fee is deducted from the final sale price. For buyers, there are no title, inspection or service fees. Buyers fund the first two months of their home’s operating expenses at closing, similar to property tax and insurance “prepaids” in a traditional sale. Buyers who choose to finance their purchase also pay a financing fee at closing.

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. 

Imagine waking up in a charming Parisian apartment and eating croissants on your balcony. Or perhaps a rustic cabin nestled amidst towering Redwoods sounds more your speed. Everyone has different travel preferences and budgets, and the best vacation rental sites will cater to yours.  To help you find the ideal Let’s get booking, shall we? 1. Airbnb The variety in listings has undoubtedly aided the company’s success, making it one of the largest vacation rental companies in the world. Airbnb operates internationally, with over 6 million listings. It also lets hosts list properties for free, taking a percentage of the booking price.  2. Vrbo Due to its limited listings, Vrbo makes it easy for families to sift through options to find the perfect rental that can house everyone.  3. FlipKey Although its total number of listings is still a far cry from those on Airbnb, FlipKey does have one competitive edge: It is owned by Tripadvisor, which provides insights into travelers’ experiences. Guests who book on FlipKey get more than just a rental — they get actionable user tips to make planning easier.     4. Booking.com   By specializing in hotel rooms and vacation rentals, the site allows travelers to easily compare the available options in the area to ensure they’re getting the best deal for their money. Even if hotels aren’t right for your vacation plans, the site provides a search feature to find only vacation rentals.  5. Agoda While it specializes in Asian travel, Agoda also operates in Europe and North America. It offers a range of accommodations, from hotels to private residences, making it a viable option for nearly every traveler. While most travelers looking for vacation rentals focus on the short term, Agoda also has options for long stays exceeding seven days.   6. Plum Guide While many vacation rental sites focus on giving users the most options,  Plum Guide uses extremely selective criteria in its approval process, with its team individually judging every property. Only around 3% of rentals pass. In addition to this attention to detail, its team is available around the clock to assist guests, so you won’t be stuck waiting for a resolution if an issue arises.  7. HomeToGo If you’re tired of jumping around to multiple rental platforms, you might want to start using Its search functions operate similarly to what you’ll find on sites like Vrbo and Airbnb. Travelers can filter results based on prices, amenities, ratings and more. Whether you’re looking to stay in a houseboat or a castle, HomeToGo might be your best bet for success.  8. Casamundo Their transparent 9. Tripadvisor Vacation Rentals The platform operates in over 200 countries and promises a full refund if the rental property is falsely advertised or if the guest can’t access it. In addition to its robust listings, Tripadvisor allows vacationers to book some accommodations directly with the owner. There’s a payment protection guarantee for added peace of mind.  10. HolidayLettings Just like FlipKey, it is owned by Tripadvisor, so it benefits from the platform’s extensive customer reviews and travel guidance. Holiday Lettings has a slightly larger inventory of listings than FlipKey, with 700,000 rentals worldwide.  11. Tripping.com Its precise filtering makes it easy to find the perfect rental from over 12 million listings. Since it pulls results from other platforms, you can easily compare prices to get the best deal.    12. Homestay.com Some hosts even operate on a barter basis, allowing guests to stay in exchange for work around the property. Homestay.com has over 63,000 rooms in over 176 countries.     13. Atraveo Operating primarily in Europe, Along with verified customer reviews, atraveo offers secure booking, where the renter pays atraveo and then settles with the host. This added security eliminates the 14. Onefinestay Focused on Accor, a hospitality company that owns Fairmont and Raffles, manages onefinestay. This expertise adds to the experience with features like professional housekeeping, round-the-clock service and being welcomed in person upon arrival. There’s even the option to personalize your stay with perks like a private driver or chef.  15. Sonder Sonder operates in 40 cities around North America and Europe, although its primary focus is in the United States. An added benefit of the service is that it offers both short- and long-term stays.  16. 9flats While 9flats.com isn’t on the same tier as some luxury brands, it does offer some great perks. Guests can enlist the help of their hosts for tips on local entertainment, with some even willing to act as unofficial tour guides. The company carefully evaluates all hosts for added guest safety.   17. Love Home Swap As the name implies, The service offers a free trial, after which homeowners must pay a membership fee. Before the house swap, both owners can agree to certain terms — like cleaning and pet sitting — to ensure each person’s space is respected.    18. Getaway The cabins include a mini kitchen, plus an outdoor fire pit and grill grate. The service intentionally spurns technology, providing no Wi-Fi to guests. A landline in every cabin compensates for spotty cell reception in case of emergencies.  19. Interhome Interhome and its partners maintain a local presence, executing key handovers and resolving issues on-site. The team even performs a quality check of every property before the guests’ arrival.    20. Homes and Villas by Marriott Bonvoy Marriott enlists the help of professional property managers to ensure that its rental homes and villas are held to the company’s high standards. Rooms come with premium linens, Wi-Fi and bathroom amenities that are standard in hotel rooms. By renting through Homes & Villas, guests receive increased privacy and living space. 21. Paris Perfect These aren't your average rentals — they are beautifully decorated and include a modern twist on classic Parisian style. They also come equipped with top-of-the-line amenities that rival a luxury hotel. Plus, with prime locations throughout Paris, you'll be perfectly situated to explore all that the City of Light has to offer. 22. Expedia You can filter your search by location, price, amenities and even property type — making it easy to find vacation rentals that tick all your boxes. Plus, with the site’s commitment to finding the best deals, you can relax knowing you secured a comfortable and affordable home-away-from-home. 23. Welcome Beyond The site caters to the adventurous traveler who seeks a place to stay that reflects the destination's character. Welcome Beyond properties go beyond the standard apartment or house, often featuring treehouses, glamping sites and historic properties accompanied by spectacular views.  Another option: Owning a vacation home The vacation rental sites on this list each have their strengths, but they’re all limited to single trips. If you love a vacation destination, you have an alternative for a lifetime of luxurious stays. If you have a destination you return to year after year — or multiple times a year — it might be time to Owning a vacation home does come with added responsibilities, so you’ll want to thoroughly research your options before deciding.  Tired of vacation rentals? Try Pacaso If you're seeking an With