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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1245 N Windmill Way Chino Valley, AZ 86323

$650,000
3 Beds
2 Baths
2,304 SqFt
Status Active
MLS # 6787306
Property Type Single Family Residence
Price Type --
FABULOUS Multi-Generational HORSE SETUP on 5.22 Fully Fenced Acres with a 17 GPM Well, Outstanding VIEWS, & easy access only .7 miles off Black Top. Home features 3Bedrooms/2Bathrooms/2.5CarGarage, 16'' Travertine Tile & Carpet for flooring, Ceiling Fans, GREAT ROOM Concept on both levels, Formal Dining Room & a massive Covered Deck on Upper level creating a massive Covered Porch on Lower Level. Kitchen is well appointed with Knotty Hickory Cabinetry, Corian Countertops, Eat-In Kitchen area, Quality Appliances (inc. Fridge, Oven/Range, Micro, New Dishwasher, & Washer/Dryer in Laundry all conveying). Upper floor also has Knotty Hickory/Corian in Family Room. Primary Bedroom is spacious, has dual Sinks, Jetted Tub/Separate Shower & large Walk-in Closet. Other amenities include NEW ROOF Pipe Fenced Perimeter, Cross fenced, 3 Auto Waterers, Hay Barn, Mare Motel, Large Shade structure, Workshop area in garage, & Zoning allows just over 10 Hooved animals.

29623 N 205th Avenue Wittmann, AZ 85361

$650,000
4 Beds
2 Baths
2,416 SqFt
Status Active
MLS # 6775482
Property Type Single Family Residence
Price Type --
Welcome to this stunning 4 BR, 2BTH home. It has an oversized garage with expansive bays. This property features a beautifully landscaped yard with an automatic irrigation system. The back yard is surrounded by a block wall with no-climb fence around property perimeter with an automatic gate situated on a 1.67 acre cul-de-sac lot. Plenty of room for horses or 4-wheeled toys. Built in 2018 by 1 owner/GC to the highest standards. Meticulously maintained and cared for, this move in ready home has no HOA making it an ideal choice for those seeking privacy and quality of life.

6123 E Red Bird Lane San Tan Valley, AZ 85140

$650,000 - 3Br/2Ba -  for Sale in Quail Hollow, San Tan Valley
New
$650,000
3 Beds
2 Baths
1,655 SqFt
Status Active
MLS # 6788510
Property Type Single Family Residence
Price Type --
CUSTOM HORSE PROPERTY on over a 1.1 acre, fully fenced lot! No details spared, over $220,000 spent improving the land! Built in just 2019, this home offers charming curb appeal with a front porch, meticulous landscaping & 2 RV gates with circular drive. It features a split, great room floorplan with vaulted ceilings & an open kitchen featuring a large center island. This well laid-out lot offers a fenced yard with lush grass area, extended covered patio with pavers & wood burning fireplace. Beyond the yard you will find remarkable horse amenities including 4 stalls w/ misting systems, corral, hay barn, 60ft round pen, wash rack, hitching post & patience pole. There is also a large livestock pen, chicken coop, covered RV parking with water + power (not pictured) & 2 storage sheds.

20662 S 196th Street Queen Creek, AZ 85142

$650,000 - 4Br/3Ba -  for Sale in Villagio, Queen Creek
New
$650,000
4 Beds
2.5 Baths
2,596 SqFt
Status Active
MLS # 6788225
Property Type Single Family Residence
Price Type --
Discover this beautiful single-level home located in the heart of Queen Creek, offering unmatched convenience with easy access to shopping, dining, and freeway connections. Situated on a desirable corner lot, this residence features 4 bedrooms and 2.5 baths, with a flex space that could be used for an office, sitting area or dining. making it ideal for families. The gourmet kitchen boasts granite countertops, an oversized island, double ovens, a pot filler, and staggered upgraded cabinets with a built-in wine rack. The open concept design includes wood plank tile floors and surround sound, perfect for entertaining, with a versatile flex space for an office or sitting area,.Step outside to your backyard oasis, complete with a pool featuring a water feature, artificial turf, and travertine pavers, all illuminated by charming party lights.

3401 E Rosemonte Drive Phoenix, AZ 85050

$650,000
4 Beds
2.5 Baths
2,312 SqFt
Status Active Under Contract
MLS # 6784060
Property Type Single Family Residence
Price Type --
PRICED BELOW MARKET VALUE! Discover this beautifully updated 4-bedroom, 2.5-bath home, ideally located near PVCC, Desert Ridge Marketplace, and is minutes away from freeways! This residence combines stylish design and modern comforts, perfect for those looking to enjoy Arizona living at its finest. The stunningly updated kitchen features new cabinets, designer tile, and overlooks the family room with wood-burning fireplace. Attached to the kitchen is a large dinning room which flows seamlessly into the front living room. The expansive primary bedroom includes a recently renovated ensuite bathroom with chic finishes for a touch of luxury. Outdoors, your private oasis awaits: a sparkling pool with a large pavered deck is perfect for entertaining or or relaxing. Brand new dual-pane windows throughout keep the home energy-efficient and quiet, while the large dining room and attached family room make this a fantastic space for gatherings. This home truly has it alldon't miss out on this unique opportunity!

5041 E Peak View Road Cave Creek, AZ 85331

$650,000
4 Beds
2.5 Baths
2,455 SqFt
Status Active Under Contract
MLS # 6773541
Property Type Single Family Residence
Price Type --
This spacious 4 bedroom home with a large loft/bonus room is located in the wonderful Tatum Ranch community. The home has been recently upgraded with luxury vinyl floors and new baseboards on the main level and new carpet on the upper level. Interior was recently painted. The large kitchen has cherry cabinets, slab granite counters and stainless appliances including a new dishwasher. A large covered patio with paver floor leads to the gorgous fenced pool with newly resurfaced kool deck, new tiles, water filler and new pool motor. New epoxy floor in garage. Roof replaced in 2020. This is a truly move in ready home in a fabulous location near award winning schools, outstanding shopping & dining venues and great golf courses.

4175 S Marisol Lane Gilbert, AZ 85297

$650,000
4 Beds
2 Baths
2,213 SqFt
Status Active
MLS # 6786439
Property Type Single Family Residence
Price Type --
Beautiful single-level 4 bedroom 2 bath home on a generous 11,000+ sq. ft. corner lot in the desirable Coronado Ranch community. This home radiates pride of ownership with its remodeled bathrooms, updated flooring, and an open kitchen featuring sleek quartz countertops. Move-in ready! This home offers a split floor plan, high ceilings, and a 3-car garage. The expansive backyard is perfect for families and entertaining, with a covered patio and RV gate for easy access. Ideally located in Gilbert, close to top-rated schools, parks, and shopping.

822 W Dust Storm Road Huachuca City, AZ 85616

$650,000
3 Beds
3 Baths
3,390 SqFt
Status Active
MLS # 6787559
Property Type Single Family Residence
Price Type --
Welcome to your dream retreat nestled amidst stunning panoramic views in Huachua City! This home was custom built using ICF block walls for energy efficiency and durability. This energy efficient home naturally stays cool in the summer months, reducing the need for AC and lowers energy bills. The main home features a split floor plan with 3 bdrms, 3 bath, open kitchen with a breakfast nook. You will also find a 1200 sq ft Casita that includes a living space with washer/dryer hook up, and a workshop. New paint and stain on the front patio, updated May 2024. This property has over 9 acres, FULLY fenced in, an orchard area, RV facilities. Property backs up to BLM land.

4098 E Rakestraw Lane Gilbert, AZ 85298

$650,000
2 Beds
2 Baths
2,156 SqFt
Status Active
MLS # 6784215
Property Type Single Family Residence
Price Type --
Move-in ready ''Sundance'' model home with open floor plan, located on a corner, N/S facing lot in the 55 plus community of Trilogy at Power Ranch. The home features 2 bedrooms and den, great room, and large kitchen with a huge morning room overlooking the courtyard with French doors and retractable screens. As you enter the home you will notice tile flooring throughout, with new carpet in the bedrooms and den. The home has shutters throughout, just recently painted interior, and exterior last year. The master bedroom has an exit door to the patio and backyard. You will enjoy the large bathroom with double sinks, garden tub, and separate walk-in shower, and walk-in closet. The backyard has artificial turf, paver extended patio, fenced yard, and fruit trees, lemon, lime, orange and tangelo. The 2 1/2 car garage has built-in cabinets, storage and epoxy flooring with no step in the garage. Come enjoy all this home has to offer plus all the amenities available such as golf, tennis, Bocce, pickle ball, pools, workout facility, clubs and so much more.

3131 N Central Avenue Unit 3018 Phoenix, AZ 85012

$650,000
2 Beds
2 Baths
1,419 SqFt
Status Active
MLS # 6621435
Property Type Apartment
Price Type --
*Construction Completed* 5% BUYER INCENTIVE! Introducing Edison Midtown Phase 2 with 60 new construction condominiums. This spacious two bedroom + den condo is one of the larger two bedroom floor plans and offers ten ft. ceilings, an open floor plan, and large master bedroom with ensuite bathroom. Chefs kitchen offers expansive cabinetry, quartz countertops and stainless steel appliances including a gas range. Spacious balcony to capture the amazing views while outside as well. Edison Midtown features incredible amenities for that perfect Urbanite lifestyle. A beautiful pool and lap pool, 2000 sq. ft. fitness center and lounge, and gated parking garage.

16210 E Links Drive Fountain Hills, AZ 85268

$650,000
2 Beds
2 Baths
1,878 SqFt
Status Active
MLS # 6658826
Property Type Townhouse
Price Type --
Welcome to the prestigious private FireRock Country Club community. This perfect turn key unit with absolutely zero steps is located in the heart of the community. Brand new AC unit (2 months old), new hot water heater, and water softner along with new induction stove. Shades and blinds throughout this unit filled with natural light. Built in shelves in office along with recessed lighting throughout. Wood laminate flooring throughout and security door entry. Built in bar for entertaining your friends and family. Why live somewhere looking at a block wall? Live life with a view! This one will not last long.... its turn-key ready!

5530 S 111th Street Mesa, AZ 85212

$650,000
4 Beds
3.5 Baths
2,715 SqFt
Status Active
MLS # 6685047
Property Type Single Family Residence
Price Type --
Welcome Home! Look no further, this beautiful property will check all your boxes! Oversized modern property situated on an large lot in Bella Via. Step inside this beautifully upgraded home and fall in love with its open spaces, including 4 bedrooms, 3.5 bathrooms, large living areas, dining room and a private study. Two master bedrooms( one downstairs and second at the upper level)perfectly designed for privacy. Large loft area, great for entertainment. Covered patio is perfect for outdoor dining and the built-in barbecue makes it easy to cook up a feast. Modern fireplace and movie projector are perfect for cozying up on relaxing nights.

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