The Impact of Homeownership on Family Health

The National Association of Realtors recently released a study titled ‘Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans:

“Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Homeownership allows households to accumulate wealth and social status, and is the basis for a number of positive social, economic, family and civic outcomes.”

Today, we want to cover the section of the report that quoted several studies concentrating on the impact homeownership has on the health of family members. Here are some of the major findings on this issue revealed in the report:

• There is a strong positive relationship between living in poor housing and a range of health problems, including respiratory conditions such as asthma, exposure to toxic substances, injuries and mental health. Homes of owners are generally in better condition than those of renters.
• Findings reveal that increases in housing wealth were associated with better health outcomes for homeowners.
• Low-income people who recently became homeowners reported higher life satisfaction, higher self-esteem, and higher perceived control over their lives.
• Homeowners report higher self-esteem and happiness than renters. For example, homeowners are more likely to believe that they can do things as well as anyone else, and they report higher self-ratings on their physical health even after controlling for age and socioeconomic factors.
• Renters who become homeowners not only experience a significant increase in housing satisfaction but also obtain a higher satisfaction even in the same home in which they resided as renters.
• Social mobility variables, such as the family financial situation and housing tenure during childhood and adulthood, impacted one’s self-rated health.
• Homeowners have a significant health advantage over renters, on average. Homeowners are 2.5 percent more likely to have good health. When adjusting for an array of demographic, socioeconomic, and housing–related characteristics, the homeowner advantage is even larger at 3.1 percent.

Bottom Line

People often talk about the financial benefits of homeownership. As we can see, there are also social benefits of owning your own home.  Give me a call for more information – J.P.  Cook – 602-320-4253.

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848 W Flatiron Trail Apache Junction, AZ 85120

$633,990

4 Beds

3.5 Baths

2,664 SqFt

Status Active

MLS # 6750683

Property Type Single Family Residence

Price Type --

Up to 3% of base price or total purchase price, whichever is less, is available through preferred lender plus additional 2% of base price or total purchase price, whichever is less, is available to be used toward closing costs, pre-paids, rate buy downs, and/or price adjustments. This elegant single-story Parklane floor plan features four bedrooms and a spacious flex area, perfect for use as an office, TV room, or study. The home includes front yard landscaping and will be move-in ready by October. Conveniently located near community parks, grocery stores, and dining options.

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4931 W Weeping Willow Way Laveen, AZ 85339

$633,935

5 Beds

4 Baths

3,475 SqFt

Status Active

MLS # 6772638

Property Type Single Family Residence

Price Type --

This amazing 5 Bedroom, 4 bath home with a 3-car garage home is on a large lot with a large, covered patio and plenty room for a wonderful pool and more. It has a highly sought-after full bedroom & bath downstairs, with 4 bedrooms, 3 baths & a loft upstairs & a 3 car garage. Wonderful Kitchen has a beautiful large island with Quartz countertops and a custom backsplash, walk in pantry & butler's pantry, This open kitchen is perfect for entertaining. All bedrooms are spacious and have walk in closets and connected with a wonderful upstairs loft. Master suite has his & her closets, separate tub & shower along with separate vanities. This beautiful home is under construction and will be ready in December. SELLER IS OFFERING CLOSING COST OR RATE BUY DOWN ASSISTANCE.

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4946 W Weeping Willow Way Laveen, AZ 85339

$633,892

3 Beds

2.5 Baths

2,300 SqFt

Status Active

MLS # 6763282

Property Type Single Family Residence

Price Type --

NEW HOME WITH AN RV GARAGE ON AN OVERSIZED LOT. This new home has 3 bedrooms + a den. Gourmet Kitchen has a wonderful island that opens to the large great room. Kitchen has Staggered,' upgraded painted cabinets, quartz countertops & stainless-steel appliances with double ovens, gas cooktop and designer hood. The den is perfect for that home office, work out room or kids play area. Home has beautiful wood plank tile throughout except the bedrooms. Master suite is split from the other secondary rooms. Don't miss the amazing over 40' RV Garage along with the 2-car garage. Perfect for all your toys. This community is surrounded with mountain views. This lot is 10' deeper than the standard lots and 5' wider. Come make this one yours. Completion date early 2025.

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1901 E Woodsman Place Chandler, AZ 85286

$633,000

4 Beds

2 Baths

2,164 SqFt

Status Active

MLS # 6750755

Property Type Single Family Residence

Price Type --

Welcome to this charming and spacious 4-bedroom, 2-bathroom home, thoughtfully designed to offer both privacy and comfort. From the moment you step inside, you'll appreciate the inviting atmosphere and well-planned layout. The split floor plan ensures everyone has their own space to unwind, while the cozy office/den provides a quiet retreat for work or study. A standout feature is the eat-in kitchen, perfect for meals or gatherings, connecting to the living area. Outside, discover a private oasis with a covered patio and a refreshing pool. A new A/C unit installed in September 2024 ensures year-round comfort. The home also offers a handicap sink and a roll-in shower for added accessibility. Spacious 3-car garage.

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10029 E Lakeview Circle Mesa, AZ 85209

$633,000

6 Beds

3 Baths

3,435 SqFt

Status Active

MLS # 6774588

Property Type Single Family Residence

Price Type --

Wonderful move-in ready home in The Villages of Eastridge. Upon entering you will notice the well-designed floorplan featuring a separate living area, elegant dining room, spacious family room, and large eat-in kitchen. One bedroom and full bath are conveniently located on the first floor, while the second level has an additional 5 bedrooms and a versatile loft. Huge 6th bedroom offers endless possibilities - a game room, bonus living space, theater room, etc. Large primary bedroom has a vaulted ceiling, and the primary bathroom features a separate tub and shower with dual raised vanities. Recent updates include exterior paint, interior paint, new carpet, washer/dryer and dishwasher. Solar has been paid off so you can enjoy significant savings on your electric bills for years to come. The backyard has a great pool with a waterfall and the patio is wired for outdoor speakers - ideal for entertaining. The community contains many parks and playgrounds, basketball court and picnic areas. Easy access to Loop 202& 60 freeways. Great neighbors!

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22437 E Cattle Drive Queen Creek, AZ 85142

$632,999

4 Beds

3 Baths

2,096 SqFt

Status Active

MLS # 6701362

Property Type Single Family Residence

Price Type --

THIS HOME IS UNDER CONSTRUCTION. POPULAR GREAT ROOM-4 BEDROOM , 3 BATH, INCLUDES WINDOW COVERINGS , CEILING FANS, PAVER DRIVEWAY AND WALKWAY, GAS TANKLESS WATER HEATER, ETC.! BUYER TO SELECT CABINETS, FLOORING, COUNTERS, SINKS ETC.. ALL THIS IN THE NEW PREMIER MASTER PLAN COMMUNITY IN QUEEN CREEK, FEATURING A 22 ACRE LAKE. THIS IS THE CENTERPIECE OF THE COMMUNITY. KAYAKING, CANOEING, AQUATIC CENTER WITH LAP WITH LAP AND SPORT POOL, SPLASH PAD, BOCCE BALL, PICKLE BALL. BOARDWALKS AND RAMADAS THROUGHOUT AND MUCH MORE...KATHERINE MECHAM BARNEY SCHOOL IN THE COMMUNITY.

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21042 E Camina Buena Vista Queen Creek, AZ 85142

$632,482

4 Beds

3 Baths

2,222 SqFt

Status Active

MLS # 6760268

Property Type Single Family Residence

Price Type --

Don't Miss Out on this CLOSE OUT & FINAL OPPORTUNITY for this beautiful inventory home located in desirable Hastings Farms. Plus Builder/Lender Financing Incentive Available when financing with builder's preferred lender(s) of up to $25K towards closing costs or interest rate buydown. Located close to Queen Creek Marketplace Shopping, Dining & Entertainment, this Community has Parks, Soccer Field, Basketball Courts, & 8-Mile Walking Trail. This Beautiful home backs to common area with no homes directly behind and is also adjacent to the park/common area. Beautiful upgrades include Smoke cabinets, Gourmet Stainless Gas Cooktop, Double Wall Ovens w/Microwave, Quartz Kitchen Countertop, Tiled Kitchen Backsplash, Plank Tile Flooring, & Window Blinds. Don't Wait, Come See This Home Today!

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5462 W Geronimo Street Chandler, AZ 85226

$632,000

4 Beds

2 Baths

2,248 SqFt

Status Active

MLS # 6775164

Property Type Single Family Residence

Price Type --

Welcome to this stunning single-story home in a highly desirable Chandler neighborhood, previously a model home! This spacious 4-bedroom, 2-bath residence boasts a split floor plan, featuring a luxurious master suite with French doors opening to a large covered patio and backyard oasis, complete with a sparkling heated pool and spa, resurfaced in 2020. The master bath has been beautifully remodeled with a jetted jacuzzi tub and separate shower. Enjoy newer amenities, including a Trane AC, roof underlayment, appliances, and water heater. The 3rd car tandem garage has been converted to a versatile additional room, perfect for a den, office, or game room, w/ easy conversion back to a garage. Fresh exterior paint in 2022 adds to the home's curb appeal. Don't miss this exceptional opportunity.

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5704 W Larkspur Drive Glendale, AZ 85304

Open House

$632,000

5 Beds

3 Baths

4,052 SqFt

Status Active

MLS # 6712194

Property Type Single Family Residence

Price Type --

****HUGE PRICE IMPROVEMENT**** POOL INCLUDED*** Absolute charmer on a LARGE corner lot w/ a spacious 3-car garage! You will be impressed w/ the 5 bed, 3 bath 4052 sf home, harmonious interior offering gleaming wood-look floors, a designer color palette, plantation shutters, a convenient media niche, & a delightful fireplace. The impeccable kitchen boasts white cabinetry, mosaic backsplash, recessed lighting, large walk-in pantry, SS appliances, & a center island w/a breakfast bar. Double doors open to the oversized main suite, soft carpet throughout, private bathroom w/dual sinks, a large walk-in closet, & a generously sized sitting area adorned w/a two-way fireplace. The amazing backyard is perfect for entertaining guests, with a sparkling swimming pool, outdoor kitchen, covered pati & swaying palm trees, this is a gem you cant miss and i promise you wont be disappointed!

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21050 E Camina Buena Vista Queen Creek, AZ 85142

$631,608

3 Beds

3 Baths

2,222 SqFt

Status Active

MLS # 6760428

Property Type Single Family Residence

Price Type --

Don't Miss Out on this CLOSE OUT & FINAL OPPORTUNITY for this beautiful inventory home located in desirable Hastings Farms. Plus Builder/Lender Financing Incentive Available when financing with builder's preferred lender(s) of up to $25K towards closing costs or interest rate buydown. Located close to Queen Creek Marketplace Shopping, Dining & Entertainment, this Community has Parks, Soccer Field, Basketball Courts, & 8-Mile Walking Trail. This Beautiful home backs to common area with no homes directly behind and is also near the park/common area. Beautiful upgrades include Natural Maple Cabinets, Gourmet Stainless Gas Cooktop, Double Wall Ovens w/Microwave, Quartz Kitchen Countertop, Tiled Kitchen Backsplash, Plank Tile Flooring, & Window Blinds. Don't Wait, Come See This Home Today!

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2121 W Sonoran Desert Drive Unit 45 Phoenix, AZ 85085

$630,995

2 Beds

2.5 Baths

1,854 SqFt

Status Active

MLS # 6728641

Property Type Townhouse

Price Type --

This beautifully crafted villa offers 1,854 square feet, 2 primary suites, and 2.5 baths. Tall windows in the great room allow for an abundance of natural light. Designer-appointed features throughout. Contemporary neutral paint colors throughout makes this home ready for you to add your personal touches. Explore everything this exceptional villa has to offer

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921 N 297 Drive Buckeye, AZ 85396

$630,000

4 Beds

2 Baths

1,896 SqFt

Status Active

MLS # 6748283

Property Type Single Family Residence

Price Type --

Home on over an acre of land, built in 2022 4bedrooms 2bathrooms split floor plan, with a two car garage. NO HOA

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