Homeownership Offers Stability and Wealth Creation

Homeownership Offers Stability & Wealth Creation | Simplifying The Market

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are:

  1. They want the opportunity to build equity.
  2. They want a stable and safe environment.

Building Equity

In a recent article by The Mortgage Reports, they report that “buying and owning a home is the essence of ‘The American Dream.’ Each month, your housing payments go toward owning your home instead of renting it; building your personal wealth and assets instead of someone else’s.

History has shown that homeownership is a clear path to wealth-building, with homeowners boasting a net worth [that is] multiples higher than the net worth of renters.”  

Family Stability 

Does owning your home really create a more stable environment for your family?

survey of property managers conducted by rent.com disclosed two reasons tenants should feel less stable with their housing situation:

  • 68% of property managers predict that rental rates will continue to rise in the next year by an average of 8%.
  • 53% of property managers said that they were more likely to bring in a new tenant at a higher rate than to negotiate and renew a lease with a current tenant they already know.

We can see from these survey results that renting will provide anything but a stable environment in the near future.

Bottom Line

Homeowners enjoy a more stable environment, and at the same time are given the opportunity to build their family’s net worth. When you’re ready to invest in your future, give me a call – J.P. Cook – 602-320-4253.

What’s Your Home Worth?

Search for Your New Home

33101 N 82nd Street Scottsdale, AZ 85266

$1,495,000
5 Beds
3.5 Baths
4,026 SqFt
Status Active
MLS # 6713004
Property Type Single Family Residence
Price Type --
Your N. Scottsdale oasis can be found here! This stunning 5 bedroom home sits on just over an acre with expansive desert views seen from the covered balcony off the incredible primary suite featuring its own sitting room & 2 walk-in closets. Enjoy the propane heated sparkling pool & spa with true privacy in your dream backyard due to lush and mature landscaping on this corner lot! The pride of ownership, extensive upgrades & high attention to detail the owners have had in maintaining this property truly shows! No HOA - Solar is OWNED & a huge asset for enjoying this property however you like (electric bills & list of major property upgrades in documents tab)!

19617 N 39th Drive Glendale, AZ 85308

$1,495,000
4 Beds
3.5 Baths
4,024 SqFt
Status Active
MLS # 6733689
Property Type Single Family Residence
Price Type --
NEW CONSTRUCTION! Welcome to Vision Hill Estates. Single-level, perfect for creating unforgettable memories. 4 spacious bedrooms, 3.5 luxurious baths, and a 3-car garage. offering ample space for family and guests. The large lot, just under half an acre, ensures privacy and space to enjoy. Step inside to discover a large, open gourmet kitchen with high-end finishes, a walk-in pantry plus an additional room for extra storage. Conveniently located near the 101, 51, and 17 freeways, Vision Hills Estates provides easy commutes throughout the Valley of the Sun. The large backyard is ready for you to create your own private oasis. Don't miss this opportunity to make this stunning home your own in this exclusive community. Come and experience a blend of luxury and convenience. Energy Efficient home built with 2x6 construction and a 400 amp electrical panel.

3018 N 50th Street Phoenix, AZ 85018

$1,495,000
5 Beds
4.5 Baths
3,819 SqFt
Status Active
MLS # 6739740
Property Type Single Family Residence
Price Type --
Experience the best of Arcadia living - walking distance to the greenbelt, OHSO, all of Arcadia's best amenities. This home features 5 bedrooms, 4.5 bathrooms, and over 3,800 square feet of luxurious living space. The gourmet kitchen boasts slab granite counters, an island, an eat-in area, and opens to a large family room. The primary suite includes a private balcony with Camelback Mountain views, dual walk-in closets, a jetted tub, and a walk-in shower. With two primary suites, one on each floor, the home offers flexibility and privacy. Enjoy high ceilings, formal living and dining areas, a loft, and covered patios in front and back. The property includes a three-car tandem garage and ample sized backyard. Situated on a cul-de-sac street and in the popular Arcadia Osborn neighborhood.

13778 E Charter Oak Drive Scottsdale, AZ 85259

$1,495,000 - 3Br/3Ba -  for Sale in Scottsdale Mountain, Scottsdale
Open House
$1,495,000
3 Beds
2.5 Baths
3,060 SqFt
Status Active
MLS # 6740773
Property Type Single Family Residence
Price Type --
Experience luxury living in this guard gated Scottsdale Mountain home. Updated with light & bright finishes, floor-to-ceiling windows & sliding glass doors that frame breathtaking mountain views. The chef's kitchen boasts an immense island w/ stainless steel appliances & endless counter space that seamlessly flows into the family room & out to the backyard. Enjoy alfresco dining in the spacious covered patio, overlooking a sparkling lap pool. The primary suite is a true retreat, w/ direct access to the outdoors. The spa-like bathroom offers a large walk-in glass shower, a luxurious soaking tub, and an expansive walk-in closet. Secondary bedrooms are equally spacious, providing tremendous flexibility for your needs. This exquisite home combines elegance, comfort & breathtaking scenery. Go to our website for more information.

8196 E Sunnyside Drive Scottsdale, AZ 85260

$1,495,000 - 4Br/3Ba -  for Sale in Scottsdale Country Club East 9, Scottsdale
Open House
$1,495,000
4 Beds
3 Baths
3,097 SqFt
Status Active
MLS # 6709760
Property Type Single Family Residence
Price Type --
Discover refined living in this exquisite 4-bedroom, 3-bath home in the prestigious Scottsdale Country Club. Nestled on a large lot, this residence offers an oasis of tranquility with its sparkling pool and captivating golf course views. The spacious interior is a blank canvas, ready for your personal design touches. Imagine creating your dream home with elegant spaces perfect for both relaxation and entertaining. Enjoy the serene surroundings and exclusive lifestyle this community offers. A remarkable opportunity at an exceptional price for this highly sought-after area. Indulge in luxury and make this dream home yours today.

10595 S State Route 69 -- Mayer, AZ 86333

$1,490,000
3 Beds
5 Baths
4,666 SqFt
Status Active
MLS # 6752671
Property Type Single Family Residence
Price Type --
Welcome to your dream horse training facility!! Positioned on 12 sprawling acres of picturesque landscape in Mayer, AZ. This exceptional property combines western life with luxury living! A grand 4,666 square foot home features 3 spacious bedrooms and a versatile loft. Enjoy the convenience of a dedicated laundry room and a well-appointed office. The two master bathrooms offer opulent amenities, including tile finishes, a walk-in shower, a classic clawfoot tub, and a soothing jacuzzi tub. The expansive kitchen boasts upgraded appliances, granite countertops, and ample space for culinary creativity. The great room is a showstopper with its floor-to-ceiling rock fireplace, creating a warm and inviting atmosphere. The property includes a 4,000 square foot horse barn with 10 stalls, a wash rack, and a tack room with a sink and refrigerator, ensuring top-notch care for your horses. The facility also features four large turnouts with shade structures, a cutting pen, a round pen, and a hot walker. A hay shed provides convenient storage, while 8 RV hookups offer accommodation for guests or staff. Enjoy lush green pastures, mature trees, and the peaceful sound of the seasonal creek flowing through the property. The front 2 acres of the property are zoned commercial!! Benefit from low utility costs with a septic tank, and 2 private wells!!! There are 3 heat pump units, a water softner unit and reverse osmosis. The home includes a 3-car garage, and an additional storage shed with its own porch, perfect for hobbies or extra storage needs. This property is more than just a home; it's a complete equestrian paradise offering luxury, functionality, and breathtaking beauty. Don't miss the chance to make this exceptional estate your own.

2500 Lupine Lane Wickenburg, AZ 85390

$1,490,000
4 Beds
3.5 Baths
4,205 SqFt
Status Active
MLS # 6768049
Property Type Single Family Residence
Price Type --
Beautiful truly custom home abutting airport real estate, providing never ending views of the Bradshaws! Each room was independently designed for a completely different ascetic, yet the overall feel still has cohesion. With two owner suites split from one another by the parlor as well as from the other two bedrooms, this home is perfect for any entertaining scenario. Each owner's suite closet is so intricately designed, bedroom furniture may be unnecessary. The parlor has a pass-through fireplace to the main living area which makes the room feel connected yet isolated for privacy. The open concept living space enjoys an eat up bar, wonderful living space, formal dining as well as a quaint breakfast area. No expense was spared in this gourmet kitchen and walk in pantry!

6711 E Camelback Road Unit 21 Scottsdale, AZ 85251

$1,490,000
2 Beds
2 Baths
2,049 SqFt
Status Active
MLS # 6769046
Property Type Townhouse
Price Type --
Welcome to your tranquil oasis near the heart of Old Town Scottsdale! Nestled within the serene, guard-gated Village of Pavoreal, the home offers a unique blend of luxury, convenience, and timeless charm. As you step into this meticulously crafted residence, you'll immediately be greeted by the warmth of espresso hardwood floors and a space flooded with natural light, creating an inviting atmosphere throughout. The den provides a versatile space for work or relaxation, while the absence of stairs ensures easy accessibility. Experience the epitome of peace, privacy, and security away from major streets. Surround yourself with lush vegetation and fruit trees, creating a picturesque backdrop for your everyday life. The home can be sold furnished making it an ideal lock and leave opportunity The resort-style lighting illuminates the yard and adds to the enjoyment of your own private oasis. With high ceilings adding to the sense of spaciousness, this lock-and-leave residence offers convenience and security, perfect for those with a dynamic lifestyle. Rest easy knowing that your home is safeguarded within the 24/7 guard-gated community, providing peace of mind and a sense of exclusivity.

2946 N Lodgepole Road Overgaard, AZ 85933

$1,490,000
4 Beds
4 Baths
5,088 SqFt
Status Active
MLS # 6773690
Property Type Single Family Residence
Price Type --
Experience the ultimate in luxury living at this magnificent hilltop retreat! With expansive decks offering breathtaking views, this custom-built home is a true gem. Step inside to find wide wood plank hickory floors that lead you to a spacious living room. The chef's kitchen is a dream, featuringgorgeous cabinetry, a Sub-Zero fridge, Wolf gas double oven, large slab granite counters, walk in pantry & a cozy sitting area. Every bedroom boasts an ensuite, with one conveniently located on the main level as well as the laundry. Ascend the stunning staircase to discover a huge family room complete with a fireplace & split floor plan. Two additional bedrooms, along with a lavish primary suite that includes its own fireplace and private deck and attached office with mini kitchen and balcony.

263 W Malibu Drive Chandler, AZ 85248

$1,490,000
5 Beds
4.5 Baths
5,735 SqFt
Status Active
MLS # 6681125
Property Type Single Family Residence
Price Type --
Welcome to the captivating 5-bedroom, 4.5-bathroom house located in the desirable Fulton Ranch, Aegean Cove subdivision in Chandler. This spacious home spans an impressive 5,735 square feet and offers a multitude of possibilities for comfortable living. With its generous layout, gourmet kitchen, spacious living areas and bedrooms, this property boasts a basement, providing additional space for various activities. The house features a large backyard, perfect for outdoor gatherings, gardening, or simply enjoying the beautiful Arizona weather. Whether you are looking for room to grow or desire ample space for entertaining, this house offers the perfect canvas to create your dream home. Don't miss out on the opportunity to make this captivating 5-bedroom, 4.5-bathroom house in Chandler your own. Close to freeway and shopping.

3413 E Equestrian Trail Phoenix, AZ 85044

$1,490,000
6 Beds
4 Baths
5,769 SqFt
Status Active
MLS # 6765363
Property Type Single Family Residence
Price Type --
Step inside this recently renovated estate located in the sought after Ahwatukee Custom Estates community. Everything you need on one property including large pool and custom basketball court sitting on a large half acre lot with three car garage. Home consists of 6 bedrooms with two additional bonus rooms acting as fitness room and office room. 2 of the 6 bedrooms are located in the spacious basement that was also renovated and contains kitchen and living room, great for the ideal man cave or additional living space for guests (basement photos coming soon). High ceilings and grand layout make this home feel larger than it truly is.

2625 N 24th Street Unit 36 Mesa, AZ 85213

$1,490,000
4 Beds
4 Baths
3,309 SqFt
Status Active
MLS # 6772722
Property Type Single Family Residence
Price Type --
This absolutely stunning remodel was inspired and professionally designed by MARA Interior Design. As you step inside, you're welcomed into an elegant formal living room with a breathtaking view of the pool, spa and glass fire pit through expansive glass windows. The fully remodeled chef's kitchen is a perfect blend of design and functionality, featuring timeless luxury finishes and high-end appliances i.e. Wolf and Subzero. Don't miss the large walk-in-pantry! The kitchen expands into a cozy and warm family room with a built-in fireplace and desk workstation. This 3309 square foot gem has 3 en-suite bedrooms and there's a 4th large bedroom that is currently being used as an office & gameroom. The outdoor area is perfectly manicured and designed... for entertaining - with a huge covered patio, a built-in BBQ, sunlit pergola and lush mature landscaping that's sure to impress. A heated play pool with a baja shelf, a large heated spa and a waterfall feature that lights up the backyard beautifully. The 3 car garage has new epoxy floors, and there is plenty of parking at the RV gate slab. Inside and out, this home in the beautiful community of Estates at Northridge is absolutely stunning! This gated community has private community amenities including greenbelt with Basketball Court, and another Community Sport Court with Basketball, Tennis and Pickleball for residents only. There is a Tot Lot/playground on sand as well. Don't wait to see it or you will miss the chance to own it.

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