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

17675 N Coconino Drive Surprise, AZ 85374

$579,000
2 Beds
2 Baths
2,393 SqFt
Status Active
MLS # 6780723
Property Type Single Family Residence
Price Type --
Absolutely stunning move-in ready home exudes elegance and comfort! This beautifully maintained, 2 bedroom, 2 bathroom residence boasts an open floor plan, perfect for entertaining and everyday living. The gourmet kitchen features granite countertops, stainless steel appliances and ample storage. The spacious living room is perfect for entertaining. The primary suite is a true retreat, offering a large walk-in closet and luxurious en-suite bathroom with dual sinks, jetted soaking tub and separate walk-in shower. This beautiful home also features a versatile bonus room perfect for a home office. The beautifully landscaped backyard is an oasis, complete with a large patio, perfect for outdoor dining and relaxation. Golf cart garage, stamped concrete drive and pathways, crown molding and mor

4102 S 186th Avenue Goodyear, AZ 85338

$579,000
5 Beds
3.5 Baths
3,551 SqFt
Status Active
MLS # 6787071
Property Type Single Family Residence
Price Type --
Welcome to your dream home in the highly desirable Las Brisas neighborhood of Goodyear, AZ! This exquisite 5-bedroom, 3.5-bathroom home, offering 3,551 sq ft of beautifully designed living space, is the perfect blend of modern luxury, family comfort, and energy efficiency. As you step inside, you're greeted by an expansive open floor plan, with a freshly painted kitchen that's sure to impress. This chef-inspired space is equipped with contemporary finishes, ample counter space, and an ideal layout for both everyday meals and entertaining. The main floor also features the spacious primary suite, offering a private retreat complete with a luxurious en-suite bathroom, walk-in closet, and serene views of the backyard oasis. The home's thoughtful design continues with 4 additional bedrooms, a versatile bonus room, and a large loft area, providing endless possibilities for your family's needswhether it's a home office, media room, or play area. Step outside and enjoy your own private sanctuary. The custom pool, with both heating and cooling functions, ensures year-round enjoyment, whether you're swimming in the summer or relaxing on cooler days. The accordion-style back door allows for a seamless indoor-outdoor living experience, ideal for entertaining or enjoying a peaceful evening by the pool. This home also boasts a 3-car garage, providing plenty of space for vehicles and storage, and a leased-to-own solar system, making it an eco-friendly choice that saves on energy costs while keeping the home comfortable year-round. Located in a family-friendly community with top-rated schools, parks, and easy access to major amenities, this home is the perfect place to build lasting memories. Don't miss out on this rare opportunity make this exceptional home yours!

14613 N 44th Place Phoenix, AZ 85032

$579,000 - 3Br/2Ba -  for Sale in Covey Unit 7 Lot 329-363, Phoenix
New
$579,000
3 Beds
2 Baths
1,612 SqFt
Status Active
MLS # 6787803
Property Type Single Family Residence
Price Type --
WOW! 10+++ METICULOUS 3 bd / 2 bath w/flex room & NO HOA~PORCELAIN tile throughout & NO carpet~VAULTED ceilings throughout except bathrooms & hallways~This home boosts LOTS of natural light & SOLAR-TUBE-SKYLIGHTS~CHAMPION Low E - Dual-paned Anderson windows throughout w/BAY windows in breakfast room & primary bedroom~Open kitchen w/MAPLE cabinets, STAINLESS appliances & GRANITE counter-tops~Living room is open & large w/views of backyard~Primary bedroom w/BAY window, wall-to-wall, lighted closet & spacious bathroom w/door to backyard~SPECTACULAR, LARGE backyard, EXTENDED-COVERED patio w/reflective-coating, NO-STRESS/LOW-MAINTENANCE, ARTIFICIAL TURF, mature CITRUS-TREES & TUFF-SHED~ Some UPGRADES include: 25-year roof, R-22 insulation, garage door insulated, copper plumbing, TRANE heat-pump, water-softener, whole-house-filtration system~Great location and near: Kierland Commons, Scottsdale Quarter & Paradise Valley Mall Redevelopment ALL w/upscale shopping & dining - Also near: Stonecreek Golf Club, Sweetwater Park, Scottsdale Christian Academy & Horizon High School~TV's convey~NO disappointments here! This home is a 10+++ & priced-to-sell!

1425 W Kenrick Drive Wickenburg, AZ 85390

$579,000
3 Beds
2.5 Baths
3,190 SqFt
Status Active
MLS # 6651710
Property Type Single Family Residence
Price Type --
Welcome to a move-in ready home that offers the perfect canvas for your personal touch. Situated in a prime location with stunning views, this property boasts a spacious backyard, setting the stage for a comfortable and personalized living experience. As you explore the home, you'll discover a cozy and inviting layout, featuring multiple rooms that are primed for your creative ideas. Each room is a comfortable space, eagerly awaiting your unique flair. Whether you're interested in adding modern touches, highlighting the home's charming details, or a combination of both, the possibilities are limitless. The private and fully fenced backyard is an ideal setting for a variety of activities. It's a gardener's dream, or a tranquil retreat for those who appreciate peaceful relaxation.

3200 W Black Oak Loop Show Low, AZ 85901

$579,000
3 Beds
2 Baths
1,550 SqFt
Status Active
MLS # 6669326
Property Type Townhouse
Price Type --
This Torreon golf villa offers a comfortable and convenient living space with its 3 bedrooms and 2 bathrooms. It is designed for a lock and leave lifestyle, providing you with peace of mind when you're away. The property features a detached 1-car garage, offering secure parking and additional storage space. Surrounded by a lush canopy of trees, this villa provides a serene and private atmosphere. The covered deck and patio area are perfect for relaxing or entertaining, allowing you to enjoy the beautiful surroundings. The open floorplan creates a spacious and airy feel, while the split layout ensures privacy between the bedrooms. Large spacious kitchen makes meal prep a breeze while guest can accompany around the breakfast bar. Whether you're a golf enthusiast or simply..

18508 N Avalon Lane Surprise, AZ 85374

$579,000
2 Beds
2 Baths
2,021 SqFt
Status Active
MLS # 6691782
Property Type Single Family Residence
Price Type --
This well cared for 2 bedroom,2 bathroom plus den 2,021 square foot property offers many sought after features including a 2.5 car garage. Situated on Granite Falls North Course offering expansive views & beautiful sunsets.18 in tile floors on the diagonal except bedrooms.Kitchen corian counter tops,backsplash,new sink, stainless built in appliances & stone finish at breakfast bar.Extended breakfast nook bay windows with shutters & plenty of room for entertaining.Settle into the great room and take advantage of the gas fireplace finished with stone.Privacy doors at den.Primary suite has door to patio,bay windows,two sinks,separate tub & walk in closet in bathroom.Raised panel doors.Inside laundry with sink,W/D included.Side garage door & built in cabinets.Expaned patio & built in BBQ.

303 W Columbine Road Christopher Creek, AZ 85541

$579,000
4 Beds
2 Baths
2,274 SqFt
Status Active
MLS # 6692998
Property Type Single Family Residence
Price Type --
Your serene woodland retreat awaits! This charming cabin is located in the Prestigious Christopher Creek Park tucked perfectly behind a gate for added privacy. This cabin offers a brand new fence along the 1/3 acre lot it sits on, lush plants, flowers & fruit trees including barlett pear, honey crisp apple & peach all on irrigation! Cozy up to a fire while gazing through your expansive bay window in your living room. This 4bed/2 bath/2 car garage features a newly built loft, remodeled upstairs including plumbing/electric. Full size kitchen, walk in pantry, dining area & enclosed sun room. 5 decks to take in nature's beauty! Brand new roof w/ 10 year warranty, Brand new light exterior light fixtures. (2024) Exterior Paint done in (2023) Do not miss this amazing opportunity! Call Today!

3033 E Millbrae Lane Gilbert, AZ 85234

$579,000
4 Beds
3 Baths
2,146 SqFt
Status Active
MLS # 6726711
Property Type Single Family Residence
Price Type --
MOVE-IN-READY!!! LOTS of CHARM & CHARACTER EVERYWHERE!!! This home is a MUST SEE!!! Full Bedroom & Bathroom DOWNSTAIRS!!! Upon entry, you're wowed by VAULTED CEILINGS, along with two separate living areas, a STUNNING KITCHEN overlooking the main living space, making this the PERFECT HUB OF THE HOME!!! Spend some time outback in your Sparkling POOL, or relax in tub HOT TUB, cook out in your BUILT-IN-BBQ, or even enjoy your very own PUTTING GREEN!!! This backyard is an Entertainer's Dream!!! Workbench area in garage, along with LOTS OF STORAGE!!! This home has it all!!! Home is steps away from a FANTASTIC park with playground area and Basketball courts!! Don't miss out on this one!!!

2319 E Earll Drive Phoenix, AZ 85016

$579,000
3 Beds
2 Baths
1,416 SqFt
Status Active
MLS # 6747987
Property Type Single Family Residence
Price Type --
Welcome to this freshly updated 3-bedroom, 2-bathroom gem close to all of the action of Arcadia and Central Phoenix! Boasting a modern, neutral aesthetic with designer touches throughout, it offers comfort and style at every turn. Enjoy outdoor living with covered patios in the front and back, a charming porch swing, and a generously sized backyard complete with a pool and firepit—perfect for entertaining. Additional features include a storage room off the 1-car carport. Conveniently located near freeways, restaurants, and shopping, Enjoy the freedom and flexibility of homeownership with no HOA restrictions.

8821 S 47th Place Phoenix, AZ 85044

$579,000
4 Beds
3 Baths
2,195 SqFt
Status Active
MLS # 6745563
Property Type Townhouse
Price Type --
A rare opportunity for totally updated residence w/ views in mountainside resort, gated community! Amazing 4 bed, 3 bath residence in Pointe South Mtn/ AZ Grande in Ahwatukee haven! Two master bedrooms/ two large bedrooms perfect for large family or multi generational living. Upstairs bedrooms have balconies. Downstairs master with outdoor access. Updates from 2024 include modern interior color palette (2023 colors of the year), ext paint, two luxurious tiled rain showers, SS appliances, granite counters in kitchen/ downstairs baths, new light fixtures, new plumbing fixtures, all new flooring (wood plank tile and carpet), feature wall, roof updated, new landscape design featuring artificial grass and nightscape. The joy of your own piece of resort living, totally updated!

25024 S Stoney Lake Drive Sun Lakes, AZ 85248

$579,000
2 Beds
2 Baths
1,968 SqFt
Status Active
MLS # 6750372
Property Type Single Family Residence
Price Type --
Welcome to this beautiful 2-bed, 2-bath Plus Office/Den residence on a coveted corner lot! The exterior boasts a striking stone facade, a 2.5-car garage, and a tasteful paver driveway. The inviting living room showcases vaulted ceilings, a soothing palette, and plush carpeting throughout. The eat-in kitchen comes with granite counters, ample wood cabinetry with crown molding, built-in appliances, a center island, and a serving window with a breakfast bar for casual dining. The cozy main bedroom offers direct backyard access, an en suite with dual sinks, and a walk-in closet. Venture outside to find a covered patio for al fresco dining, a relaxing spa, and a low-maintenance desert landscape. Don't miss out on this fantastic opportunity! HVAC - 2 Units- Replaced in 2021, Hot water heater replaced 2021, Exterior Painted 2023, New Drip system - valves & timer replaced 2023. Exterior Stone work & Pavers done in 2023. New SPA Hot Tub 2024 Hard wired Security System. Reverse Osmosis.

1509 E Peach Tree Drive Chandler, AZ 85249

$579,000
3 Beds
2 Baths
2,250 SqFt
Status Active
MLS # 6757886
Property Type Single Family Residence
Price Type --
Welcome home to this gorgeously redone 3BR 2BA home in the vibrant active adult community of Sunbird CC. A charming courtyard greets you. Enter a large living/dining area with wood look tile throughout. The stunning kitchen boasts granite counters, crisp white cupboards, bar and newer SS appliances. Large family room with access to the relaxing patio and backyard. Bonus art studio den just off the family room. Enjoy the active adult resort lifestyle with golf, pool, tennis and pickleball. Plus, restaurant, bar and loads of entertainment!

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