93% Believe Homeownership Is Important in Attaining the American Dream

93% Believe Homeownership Is Important in Attaining the American Dream | Simplifying The Market

Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:

“Owning a home remains a core element of the American Dream.”

When asked “How important a part of the American dream is owning a home?”

  • 18% of those surveyed said it was the most important part
  • 53% of those surveyed said it was very important
  • 22% of those surveyed said it was somewhat important

Homeownership and Financial Stability

The survey also revealed that 81% of Americans believe that owning a home leads to a family being more financially stable. This feeling was reiterated by Zillow Senior Economist Aaron Terrazas who, in a recent press release, explained:

“After about a two-year slowdown, rent growth is starting to pick back up across the nation…Looking into 2018, rent is expected to continue gaining.

More widespread rent growth could mean home buying demands stay high, as renters who can afford it move away from the unpredictability of rising rents toward the relative stability of a monthly mortgage payment instead.” (emphasis added)

Bottom Line

Owning a home always has been, and always will be, a crucial part of attaining the American Dream.

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1702 E Libra Drive Tempe, AZ 85283

$675,000
4 Beds
2 Baths
2,890 SqFt
Status Active
MLS # 6754260
Property Type Single Family Residence
Price Type --
This spacious 4 bedrooms, 1.75 bathrooms home is nestled on a large, corner lot at the end of a cul-de-sac with No HOA. Home has a 2 car garage, additional 2 car slab parking AND RV gate with lots of space to park an RV or recreational toys. Home features formal living and dining rooms plus a family room with wood-burning fireplace. The kitchen overlooks the family room and has granite countertops, breakfast bar and stainless steel appliances. The primary bedroom has en suite bathroom and French doors that lead to the backyard. The backyard is built for entertaining with built-in grill and bar and expansive covered patio. There is a full-on workshop in the backyard with power and lights. Convenient Tempe location and short walk or ride to K-12 schools, city parks, bus stop or Tempe's Orbit transit stop. Within a pedestrian & bike friendly community, home is a short distance the Western Canal path & Tempe Kiwanis Park. Just minutes from major shopping, dining, East Valley freeways, ASU Research Park approximately 20 minute commute to Sky Harbor Airport and so much more!

7279 E Sunset Sky Circle Scottsdale, AZ 85266

$675,000
2 Beds
2 Baths
1,986 SqFt
Status Active
MLS # 6763919
Property Type Townhouse
Price Type --
Be amazed by this 2-bed townhome in the Winfield Resort Community! This community offers fantastic amenities like pool, clubhouse, workout facility, & many more. First time on the market. Original Owner so very well maintained North/South exposure. Living/dining room has a bay window, while a media niche & fireplace in the family area. Large kitchen with lots of cabinets. This home is being sold through sellers trust so please give 24 hours for response on any offers. Easy to show.

3125 W Steinbeck Drive Anthem, AZ 85086

$675,000
3 Beds
2.5 Baths
2,469 SqFt
Status Active
MLS # 6756716
Property Type Single Family Residence
Price Type --
Step into this breathtaking, upgraded property designed to impress from the moment you arrive! Spacious, elegant, paved front courtyard. Enter the cathedral ceiling entry to 24x24in diagonal tile that adds a touch of sophistication. Stunning, custom, kitchen has pendant lighting, glass decor iron pantry door, stylish backsplash, granite counters, extra large copper sink and so much more. Master has high ceilings & private exit to the backyard. Master BA has walk-in glass obscured shower w/ separate bath, double decorative glass sinks. The backyard is on a premium lot adjct to wash, w/ pavers, built-in bbq grill, & built-in seating for outdoor entertaining. Two guest rooms plus versatile bonus room upstairs. Garage has separate exit & mahogany cabinetry. Attention given to every detail!

7037 N 11th Drive Phoenix, AZ 85021

$675,000
3 Beds
3 Baths
2,761 SqFt
Status Active
MLS # 6759247
Property Type Townhouse
Price Type --
RARE FIND with MID-CENTURY CHARM * This Quiet Hidden Gem boasts 3BR 3Ba 2G located in a peaceful cul-de-sac community of 12 homes offering a unique blend of privacy and 2,761 interior space. This home is attached at garage only, adjacent to the Greenbelt with a side yard entrance to an over 7,800 sf lot. The largest lot in this subdivision. Enter through a private gated courtyard entrance showcasing an outdoor sanctuary. The front door from this courtyard oasis opens onto a landing with a solid wood entry door, flanked by side light window panels. Upon entering the front foyer, you're greeted by a skylight above a cornered mirrored wall, expanding the space that introduces you to the bedroom wing on the left and the eat-in kitchen to the right with a long gallery hall. . . The spacious eat-in kitchen boasts solid oak cabinetry, deep cabinets and shelves, with ample storage, including a large walk-in pantry. It features a built-in wall oven, built-in microwave, and both a center island and peninsula island, providing abundant counter space and a lighted tray ceiling, adding a touch of elegance and warmth. The breakfast nook is beautifully illuminated by natural light from sliding doors that lead to the front courtyard, complete with floor to ceiling custom built-in shelf case. The spacious Primary suite offers luxury with sliding door exit to front courtyard, 2 closets, one is walk-in while the other is lengthy and mirrored in the dressing area. The ensuite bath is light and bright with 2 skylights, dual sinks, sunken tub & private toilet room. The third bedroom (split), currently used as a library/den with an attached office, is perfect for multigenerational living or a mother-in-law suite. It has its own exit to the covered back patio, entrance from the garage, and a 3/4 bath. The office can also be converted into a spacious walk-in closet, providing endless possibilities for this guest suite space. The living room features near floor-to-ceiling custom windows, framing picturesque views of the lush backyard and filling the space with natural light. A central French door provides easy access to the outdoors, inviting you to step into the serene surroundings. The formal dining room is enhanced by a stunning 10ft high tray ceiling, illuminated with soft lighting, creating a grand yet intimate atmosphere. Together, these rooms provide a perfect balance of grandeur and charm, ideal for both everyday living and elegant entertaining. The private backyard features a block fenced lot surrounded by lush grass, mature shade & citrus tree, a storage unit, and the only property with alley access. This home is brimming with custom features and has been meticulously maintained by its original owner. Wood accent trim throughout and custom triple and dual pane wood-framed windows, in excellent condition, ensuring energy-efficiency and quiet living. HVAC units replaced in 2015 and 2017. Foam roof replaced in 2016. Patio Roof replaced Sept 2024. Home features inside laundry, water softener and whole house water filtration system. Ample storage throughout the home. HOA is self-managed. Monthly Fee covers cable, internet, Greenbelt & Main entrance maintenance and street maintenance. The home is well-maintained and ready to be enjoyed as-is, with only cosmetic updates needed to suit your personal style. The primary improvement required is replacing the carpet and interior paint, allowing you the flexibility to move in comfortably and update the space to your liking over time. Fantastic Uptown Phoenix location. Quick and easy freeway access. Minutes to downtown shops, dining and entertainment. This home is truly a must-see to fully appreciate its charm and potential. Don't miss this one - See it Today!

7026 E Vernon Avenue Scottsdale, AZ 85257

$675,000
3 Beds
2 Baths
1,396 SqFt
Status Active
MLS # 6762949
Property Type Single Family Residence
Price Type --
Check out this luxurious remodeled home, located just minutes from Scottsdale Fashion Square and Old Town, offering lively restaurants and nightlife. This stunning home offers exclusivity and convenience. Set on nearly a quarter-acre lot, this 3-bedroom, 2-bath residence boasts an open-concept layout with high-end finishes throughout. The gourmet kitchen features top-of-the-line appliances, perfect for entertaining. The private backyard is a true oasis with a sparkling pool, covered patio, and an abundance of space to relax or host gatherings. With its ideal location and beautiful design, this home perfectly blends style and comfort.

6250 E Carolina Drive Scottsdale, AZ 85254

$675,000
3 Beds
2 Baths
1,415 SqFt
Status Active
MLS # 6764258
Property Type Single Family Residence
Price Type --
This newly renovated 3-bedroom, 2-bathroom home features sleek finishes throughout, a cozy fireplace in the living room, and a modern kitchen with stainless steel appliances. The primary bedroom boasts a spacious ensuite bathroom with double sinks. Enjoy seamless indoor-outdoor living with a private backyard, covered patio, and artificial turf area for convenience. This immaculate renovation also includes a new A/C unit and new water heater! Located near Kierland Commons, Scottsdale Quarter, and local parks, this home offers both comfort and convenience in a vibrant community. Including an appraised value of $720k prior to renovations. Don't miss out on this updated gem!

4143 E Rockledge Road Phoenix, AZ 85044

$675,000
4 Beds
2 Baths
2,340 SqFt
Status Active
MLS # 6764192
Property Type Single Family Residence
Price Type --
Amazing home! THIS BEAUTIFUL 3 BEDROOM plus Den HOME IS IN A PRIME LOCATION. GREAT KYRENE SCHOOL DISTRICTS. WALKING DISTANCE FROM PARKS AND POOLS. EASY ACCESS TO 202/I10. CLOSE TO EVERYTHING..., SHOPPING, RESTAURANTS, NIGHT LIFE. THIS HOME OFFERS A SINGLE LEVEL SPLIT FLOOR PLAN WITH NORTH/SOUTH EXPOSURE. PLANTATION SHUTTERS; GRANITE COUNTERTOPS; MARBLE FLOORS; HARDWOOD FLOORS; WATER SOFTENER; PRE WIRED SURROUND SYSTEM; ALARM SYSTEM; MISTER SYSTEM. OFFICE CAN EASILY BE MADE INTO 4TH BEDROOM/PLAYROOM. OVERSIZED 3 CAR GARAGE WITH TONS OF CABINET STORAGE. BACKYARD IS GREAT FOR ENTERTAINING. LUSH WITH MATURE TREES ALONG WITH PUTTING GREEN; FIRE PIT & SPA. CLOSE TO A-RATED SCHOOLS, SHOPPING, AMENITIES AND COMMUTER HIGHWAYS.

6232 E Aire Libre Lane Scottsdale, AZ 85254

$675,000
3 Beds
2 Baths
1,999 SqFt
Status Active Under Contract
MLS # 6743774
Property Type Single Family Residence
Price Type --
Amazing location! Beautifully remodeled and spacious 3 bedroom 2 bath home near Kierland and Scottsdale Quarter. Split floorpan, with brand new stainless steel appliances, new electrical, new plumbing, stone countertops, updated bathrooms and new flooring throughout. Close to Kierland and Scottsdale, easy access to the 51 and 101. This won't last!

8525 E Bonnie Rose Avenue Scottsdale, AZ 85250

$675,000
3 Beds
2 Baths
1,610 SqFt
Status Active
MLS # 6766896
Property Type Single Family Residence
Price Type --
Experience the best of Scottsdale living with this centrally located gem! In close proximity to spring training camp, top-rated golf courses, Chaparral Park, fantastic dining options, Old Town Scottsdale, and Fashion Square Mall. With NO HOA fees, this property is a perfect choice for short-term rentals. Recently remodeled kitchen featuring quartz countertops & slim shaker cabinetry. Newly updated floors, recessed LED lighting, and fresh paint inside and out. Don't let this opportunity slip away!

1326 N Central Avenue Unit 404 Phoenix, AZ 85004

$675,000
1 Bed
2 Baths
1,491 SqFt
Status Active
MLS # 6748645
Property Type Apartment
Price Type --
Step into the heart of downtown Phoenix and discover this sleek and sophisticated loft! With its open layout and soaring ceilings, this modern architectural gem is the epitome of urban chic. Enjoy surrounding views of the city skyline and mountain ranges from your private rooftop terrace! This is the perfect opportunity to own a piece of downtown Phoenix's vibrant energy! Amenities include Secured entrance with personalized access. Gated Parking, Community Pool/Gym. Private Rooftop. Open Floor Plan. Move in ready or upgrade to your dream loft!

11011 E Minnesota Avenue Sun Lakes, AZ 85248

$675,000
2 Beds
2 Baths
2,023 SqFt
Status Active
MLS # 6774080
Property Type Single Family Residence
Price Type --
Premium golf course lot w/ stunning views in a guarded & gated community. Highly desirable open floor plan that features 2 bed 2 bath w/ an office. Vaulted ceilings. Extended 2.5 car garage. Kitchen is open to the family room & includes premium alder cabinets, granite counters, & stainless steel appliances. Skylights provide natural lighting throughout. Tile in all of the traffic areas. Over-sized primary suite features a sitting area w/golf course views & custom walk-in closet. The primary bathroom has dual sinks, large shower & separate water closet w/bidet. Neighborhood amenities include golf, tennis, pickle ball, pools, NEW fitness center, clubs, social activities restaurants & more.

8216 E Del Cuarzo Drive Scottsdale, AZ 85258

$675,000
2 Beds
2 Baths
1,737 SqFt
Status Active
MLS # 6776952
Property Type Single Family Residence
Price Type --
OPPORTUNITY KNOCKS!! Your chance to remodel this 1 level home w/ a 2 car garage in the heart of highly desired McCormick Ranch. Enjoy the signature green lush grass/mature tree look that defines the very essence of beautiful McCormick Ranch! This 2 bedroom/2 bath 1 level patio home features a spacious great room that opens to lovely dining room & bright, light & airy kitchen w/ nook. Additionally, the great room opens to a lovely private back patio for incredible AZ outdoor living! Spacious primary bedroom also opens to the private back patio for additional access to your lovely private outdoor living space! There is a 2nd bedroom w/ a bathroom (that serves as the powder room too). Heritage Village 3 enclave features tennis courts, 2 swimming pools & lots of green grassy common areas!

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