US Housing Market Shows Real Estate Investments are Sound

US Housing Market Is Moving into 'Buy Territory'! | Simplifying The Market

According to the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across the country remain a sound investment.

The BH&J Index is a quarterly report that attempts to answer the question:

In today’s housing market, is it better to rent or buy a home?

The index examines the entire US housing market and then isolates 23 major cities for comparison. The researchers “measure the relationship between purchasing property and building wealth through a buildup in equity versus renting a comparable property and investing in a portfolio of stocks and bonds.” 

While most of the metropolitan markets examined moved further into buy territory (16 of the 23), markets like Dallas, Denver, and Houston are currently deep into rent territory. In these three markets, it is estimated that renting will top homeownership 7 out of 10 times.

Due to a lack of inventory, the home prices in the Dallas, Denver, and Houston areas have increased by 11.6%, 8.3%, and 6.6% respectively. Home prices in these areas will begin to return to more normal levels once residents realize that renting is not the best option, therefore bringing home affordability back as well.

Bottom Line

The majority of the country is strongly in buy territory. Buying a home makes sense socially and financially, as rents are predicted to increase substantially in the next year. Protect yourself from rising rents by locking in your housing cost with a mortgage payment now.  Give me a call to get started on your path to home ownership – J.P. Cook – 602-320-4253.

To Find Out More About the Study: The BH&J Index and other FAU real estate activities are sponsored by Investments Limited of Boca Raton. The BH&J Index is published quarterly and is available online at http://business.fau.edu/buyvsrent.

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4815 N 74th Place Scottsdale, AZ 85251

$550,000 - 2Br/2Ba -  for Sale in Villa Monterey 1, Scottsdale
New
$550,000
2 Beds
2 Baths
1,348 SqFt
Status Active
MLS # 6788496
Property Type Townhouse
Price Type --
Great central location in the heart of Old Town Scottsdale's waterfront. Just a five minute walk to Fashion Square, restaurants, entertainment and grocery shopping. Low hoa fees at $73 a month. The home has been meticulously maintained & offers custom white shaker cabinets, granite countertops, stainless steel appliances, Anderson dual pane windows, Boss Screens & Awnings, 20 inch tile, white beveled subway tile , & living room wall of glass overlooking the spectacularly landscaped backyard. Built in BBQ & thoughtfully placed lighting to showcase the landscape at night. Large laundry room finished with the same quality of the home, built in shaker cabinets, sink, & door to the backyard. AC replaced in 2024. Large corner lot offers a side gate. Foam roof installed by Inca roofing in 2016 under warranty until 2/27/2025 Living room door is Milguard Double Pane Tempered glass 17 ft door 2022 installed new York 16 seer 3 ton AC as well as complete cleaning of attic, new insulation, new air ducts, and new air registers inside of home.Refrigerator 2022 Garbage disposal replaced in 2023 Interior of home plumbing replaced with copper in 2016. Water system R/O new in 2023 with New RO filters October 2024 Freezer in the utility room 2022 Washer and dryer that allow extra wash/water and rinse top of the line 2023. Inside carport, for privacy / shade awning Large plantation shutters Bathrooms have skylights Installed water regulator to regulate water pressure Security and landscape lighting around exterior Driveway has motion detector automatic lights for when arriving home at night Anderson double pane windows,Boss security screens awnings with large white shutters inside to protect with heat, security and noise.Low maintenance landscape twice a year blowing and maintenanceThe front and back yard have native plants and cacti designed for your enjoyment. Five minutes to walk from property to fashion square, waterfront Restaurants and grocery stores close byIdeal central location with low HOA fee Honor Health Hospital very close Neighborhood is 55 and older Community center offers a beautiful kitchen, pool, barbecue, and shower. The neighborhood offers many functions for holidays and throughout the year held at the main pool. Honor Health hospital is one mile.

22870 W Sunset Lane Congress, AZ 85332

$550,000
3 Beds
2 Baths
1,933 SqFt
Status Active Under Contract
MLS # 6771222
Property Type Single Family Residence
Price Type --
Don't let the lot size fool you! This easy to manage horse property is strategically set up to accommodate horses, LQs and RVs. Step into the warmth of this enchanting home where every room whispers tales of tradition and heritage. The home is the perfect size for a full time retreat or a winter get away. With wooden beams and handcrafted accents, this home is unlike any other. Enjoy picture perfect sunsets as you unwind in the front courtyard. Out front is a red barn with water and electric offering endless possibilities for horse enthusiasts or those seeking additional storage. The property does have income potential and is turn key. It is fully fenced with an electric gate and all pens have automatic waterers. A portion of the turnouts can be removed and enlarged into a riding arena or

5341 E Sheena Drive Scottsdale, AZ 85254

$550,000
3 Beds
2 Baths
1,836 SqFt
Status Active
MLS # 6782334
Property Type Single Family Residence
Price Type --
Charming Corner Lot with Endless Potential - Needs TLC and Finishing Touches! This oversized corner lot ranch-style home is full of charm and potential! No HOA, RV parking, and North/South exposure! Featuring 3 beds, 2 baths, and a 2-car garage, it offers a unique layout with a spacious family room, arched accents, a cozy wood-burning fireplace, and a mix of carpet and tile flooring. The master bedroom includes a full bath, while the kitchen is fully equipped with an electric range/oven, dishwasher, and refrigerator. The backyard is an oasis with a sparkling pool, covered patio, and mature fruit trees. Though partially remodeled, this home requires some repairs and updates, making it an ideal opportunity to add value and personal touches.

8544 E Ocaso Avenue Mesa, AZ 85212

$550,000 - 3Br/2Ba -  for Sale in Eastridge Unit 1, Mesa
New
$550,000
3 Beds
2 Baths
2,253 SqFt
Status Active
MLS # 6787548
Property Type Single Family Residence
Price Type --
Amazing opportunity to own a beautiful family home, with a pool and 3-car garage for only $244/sqft! As you pull up to your new home, you'll be invited by the large saguaro cactus in the front yard, large driveway and 3-car garage, enough parking for everyone! Enter into the front door and notice how open the formal living room, den, family room and kitchen are, perfect for all your entertaining needs. Soaring ceilings will guide you to the backyard door where you'll picture your family enjoying years of making memories in and around your sparkling pool and long covered patio. The master bedroom is spacious, with private French door access to your backyard. This home is priced right and will not last long! Available for a quick close, possibly in time to enjoy the holidays!

2603 S Playa -- Mesa, AZ 85202

$550,000
5 Beds
2.5 Baths
2,823 SqFt
Status Active
MLS # 6786635
Property Type Single Family Residence
Price Type --
5 BR 2.5 BA single level home in prestigious Laguna Shores of Dobson Ranch. What a find at just under $195/sq ft. The possibilities are endless for a family or investor. From the moment you walk in, you will feel at home w/spacious rooms, a flexible floorplan, & the most private tranquil back yard. Enter thru the double door entry w/formal LR on the Lt & formal DR to the Rt. Down the hall is a half BA, 3 lg secondary BR's, a hall BA, & the primary BR. Primary BA has dual sinks & upgraded tile shower. KIT has been updated with SS appliances & flows into the FR w/wood burning FRPL, lg Bonus Rm & 5th BR (perfect for BR, office, or playroom). French doors lead to the backyard. This home has so many possibilities for any buyer's lifestyle. It is full of charm & warmth w/Saltillo tile floors & baths w/Capelo sinks from Guanajuato. Private backyard w/lush landscaping is ideal for entertaining friends & family. Large grass area w/patios, RV gate, newer A/C's, & roof resealed in 2024. Ample storage, walk-in KIT pantry, & inside laundry w/built-in cabinets. The home is a true bargain, located on one of the most desirable streets in Dobson Ranch. Lake access down the street for your boating adventures. Saratoga Park & Laguna Park around the corner. Dobson Ranch amenities include community pools, clubhouses, pickle ball, planned family activities, 8 lakes, public golf course & library, and easy access to #60 & #101 freeways. This home won't last!

2673 W Ivanhoe Street Chandler, AZ 85224

$550,000
3 Beds
2 Baths
1,794 SqFt
Status Active
MLS # 6786111
Property Type Single Family Residence
Price Type --
Prime Location! Close to the 101 & 202, walking distance to Whole Foods, restaurants/shopping. Beautiful home in a lake community w/3 beds, 2 baths, newer AC & water heater, mature landscape & a 2-car garage w/cabinetry. Discover the large living & dining room and the separate family room with a media niche. Vaulted ceilings add to the airy feel, complemented by custom paint & tile flooring t/out for easy maintenance. The kitchen boasts built-in appliances, recessed lighting, a pantry, and ample wood cabinetry. Enter the main bedroom to find a walk-in closet and an ensuite with dual sinks. The Arizona room, with multi-sliding doors merging the inside/outside activities. Two open patios & a citrus tree complete the large backyard. Located in the heart of Chandler - easy access to the Valle

10709 E Knowles Avenue Mesa, AZ 85209

$550,000
3 Beds
3 Baths
2,161 SqFt
Status Active
MLS # 6787305
Property Type Single Family Residence
Price Type --
Welcome to this beautifully updated home, offering luxury and comfort at every turn. The spacious kitchen boasts sleek stainless steel appliances and elegant slab granite countertops, making it perfect for both cooking and entertaining. The expansive master suite provides a peaceful retreat with plenty of room to relax. Step outside to your private oasis featuring a sparkling pool. With a 3-car garage, there's ample space for vehicles, storage, or a workshop. This home combines style, space, and functionality—don't miss the chance to make it yours!

13202 W Beechwood Drive Sun City West, AZ 85375

$550,000
3 Beds
2 Baths
2,525 SqFt
Status Active
MLS # 6693377
Property Type Single Family Residence
Price Type --
Beautiful, fully remodeled brick front home on a corner lot in the 55+ community, Sun City West. Gorgeous new flooring throughout this thought out, open floor plan. The kitchen has new white cabinets with a large island for entertaining. The living area has a wet bar with a built-in refrigerator. All 3 BRs have walk-in closets and large enough for King beds with space to spare. The entry has a privacy gate to keep out solicitors and it opens to an impressively large patio. The back yard has another large patio with flourishing citrus trees. There are many extras throughout including plantation shutters, weather shield roller shades for when you travel, extra long garage, plush landscaping, and more. The furnishings are included in so all you have to do is pack your bags and move in!

27524 N Montana Drive Rio Verde, AZ 85263

$550,000
2 Beds
2 Baths
1,730 SqFt
Status Active
MLS # 6751350
Property Type Townhouse
Price Type --
Beautiful turnkey townhome in the gated community of Tonto Verde. Located in a quiet cul-de-sac, backing to the beautiful driving range and a short walk to the clubhouse and its amenities. Great room style living with fireplace and walls of windows taking in the backyard views and gorgeous sunsets. Split floor plan with 2 large bedrooms and 2 full baths. Primary bedroom with access to the spacious patio and primary bath with dual vanities, tub, walk in shower and walk in closet. Kitchen with center island and cooktop, breakfast counter and dining that is open to the lush landscaping with floor to ceiling windows. New Interior paint 2024, New roof in 2022, New HVAC in 2020, New Hot water heater in 2022 and New Washer/Dryer in 2020. Oversized 2.5 car garage with golf cart access

4449 W Keating Circle Glendale, AZ 85308

$550,000
4 Beds
2 Baths
2,038 SqFt
Status Active Under Contract
MLS # 6744003
Property Type Single Family Residence
Price Type --
Here is your chance to own a GORGEOUS home completely renovated in 2024. Located in Bellair, one of Glendale's most desirable communities, on a large premium Cul-de-sac lot (over 1/4 acre), this beautiful single-level home boasts 4 bedrooms, 2 bathrooms, & over 2000sf of living space. Updated with luxurious finishes - You will not find a more stylish home in a great neighborhood under $600k. Entering through a covered entry highlighted with large wooden double doors, you'll notice the brand new floors across this open floorplan. Your eye is drawn across the great room to the tastefully remodeled kitchen featuring stunning quartz countertops, marble backsplash, new stainless appliances and new cabinets. Roomy master suite has walk in closet and bathroom that exudes modern luxury... The bathroom is equipped with attractive subway tile, quartz counters, modern black hardware and bluetooth-enabled speakers. Down the hall you'll find three spacious guest rooms, with private closets, and sharing an upgraded guest bathroom featuring the same amenities as the master aside from the walk-in shower. The home also offers a cozy living room with wood-burning fireplace, and an open family room tucked in its own corner of the house. The home has a 2-car garage, plus RV gate on the side. A large covered patio with built-in storage overlooks the expansive backyard - graded and ready to be made into your private oasis. Incredible neighborhood with frequent community events - the home is situated within walking distance from the Golf Course and clubhouse, pool, and pickleball. Don't miss the opportunity to make this home your own!

11991 N 69th Avenue Peoria, AZ 85345

$550,000
4 Beds
3 Baths
2,323 SqFt
Status Active
MLS # 6781152
Property Type Single Family Residence
Price Type --
Discover a stunning blend of modern elegance and Arizona charm in this fully remodeled 4-bedroom, 3-bathroom home, spanning 2,323 square feet. Every detail of this renovation has been carefully curated for style, comfort, and functionality, creating a warm yet sophisticated atmosphere. The heart of the home unfolds seamlessly as the living room transitions into a private backyard sanctuary through beautiful bifold doors. These doors bring the outdoors in, offering panoramic views of Arizona's endless skies and direct access to a sparkling pool—ideal for relaxation or entertaining. This backyard oasis provides ample space for lounging, al fresco dining, and savoring the tranquility of the Arizona desert.

930 W Mclean Drive Wickenburg, AZ 85390

$550,000
3 Beds
3 Baths
2,022 SqFt
Status Active
MLS # 6780676
Property Type Single Family Residence
Price Type --
Welcome to this beautifully appointed home, boasting 3 spacious bedrooms (Note: 2 are suites) and 3 bathrooms, with over 2,022 sq. ft. of living space. Perfectly located in the center of town, this home offers easy access to everything Wickenburg has to offer - whether you're looking for a vacation getaway or a year-round residence, this property is ideal. Step into the heart of the home—the kitchen—with custom cabinetry that will truly take your breath away. The open and inviting great room features stunning wood floors and solid custom doors throughout. Every detail has been thoughtfully designed for both beauty and function. Outside, you'll appreciate the convenient pickup-height garage door and the RV gate with ample space for your bus or recreational vehicles. The backyard offers plenty of room for outdoor activities and is the perfect spot to relax and enjoy Arizona's incredible weather. This home is truly a must-see. It combines the comfort, space, and convenience you've been looking for. Don't waithomes like this go fast!

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