that will do it for "sunday morning futures." good night from new york. from "fox business" headquarters in new york city the new "wall street week". maria: welcome to "wall street week" a program that analyzes the week that was and helps position you for the week ahead. i maria bartiromo. coming up in a few moments some of the biggest voices in the startup scene will join our roundtable. headlines impacting everything from wall street to main street this past week. reporter: federal reserve chair janet yellen is at the annual conference in jackson hole wyoming on friday and neglected to offer clues on the future of monetary policy. she did argue that these

regulations and reform has made the u.s. financial system a safer place. maria: the market seemed to like the fed chair's comments. dow closing higher in the nasdaq and s&p also turning positive for the week three president trump letting out his new plan for the war in afghanistan. the president says the u.s. will shift away from nation-building approach and instead focus on killing terrorists. the u.s. will also put more pressure on pakistan a country that harbors taliban. plus trump's chief economic adviser gary cohn says he's facing enormous person -- pressure to resign after the violence in charlottesville. he even drafted a letter of resignation. in interview with the financial times he said the must do a better job condemning neo-nazis and white supremacists. colin is a key member of trump's economic team and is noticed to

be on the shortlist for the next federal reserve chair. your asparagus waters about to get a bit cheaper. amazon's $13.7 billion acquisition with whole foods closes on monday and the giant is promising to/grocery prices immediately. whole foods also introducing a prime membership loyalty program which will offer those shoppers special deals. maria back to you. maria: thanks. technology is the second best performing sector and the s&p 500 after president trump's election victory last november of 25% since november but even amazon facebook and google contributing to gain some tech companies are offering to stay private longer. they are more

you are saying a shakeout of the winners and losers. >> you make a good point because what we are seeing are these large companies fight facebook and amazon netflix google companies. they have their own investing so they are saying forget about private equity. we are going to invest directly in companies and you are the end of fishery or it. how does that go down, tell us about your company. >> it's a digital meeting company. mid-teens to mid-30s. we had business number to tease me.

we have a media company and real-life experience with in spite of problem with disney as they haven't figured out how to tap into this young audience that we did just that. similar business off this is a new audiences. maria: you are saying large-company saying we can do this on our own. we will put money behind the startup. >> was becoming clear is it's hard to build these companies. it takes more than a day or an hour. it's hard to take a vision of a company and say let's replicated and you find somebody like rattu has 130 million visitors a month where are you going to build that from inside of your own company? so i think you are seeing large companies recognize it's better to partner and invest as opposed to own or create everything so i think you'll see some of that and if you look at big real estate companies that you never thought would want to participate in the marketplace, so i think it is a trend.

maria: tell us about cadre mages recently had this successful round. >> we recently announced $65 million led by andreessen aura with and jeff jordan just joined our board and i saw a few years ago the session you did with jeff and brian. that phase of companies becoming what it is today and we believe cadre will also be the next dimension of transformation and in our world what we are really focused on this redefining investing. the same way amazon changed spending, buying. 10 years from now we want cadre to be the catalyst of the investor world of specifically what we are building is the stage iv real estate investment. maria: you come with the experience of a real estate business. >> lack stone was an incredible platform and experience and the

institutions that built a great business. the way we think about our business model i cadre is if i would ask you what is the largest most profitable industry in the world most people wouldn't know the answer. it's real estate, and 80 chilean dollar industry and you've seen transformation with airbnb and car sharing with uber but no one knows is the biggest industry in the world. we are adding a new dimension that may be a blackstone institution built on different principles. that's what's so exciting about the opportunity. maria: your store has become incredibly successful in the short period of time. congratulations to you as well. what are you trying to do and talk to us about what you need to do to take it to the next level. >> we believe we have an opportunity to create the local social networks so we connect with friends use twitter and find people that we think are into string and they connect to colleagues. there hasn't been a social network until next door.

that's the inspiration for the company that we started five years ago. today over 80% of american neighborhoods use next door. the last round was over a billion dollars in the interesting change that has occurred that these guys are talking about is money is everywhere for great companies. you can choose to get it for my traditional pathway like a venture capitalist or late stage investor or corporate partner. at the end of the day was important for us as we try to fulfill these grand ambitions is find the best partner. maria: when we come back we will talk about that. stay right there, "wall street week" comes right back. stay with us. parodontax, the toothpaste that helps prevent bleeding gums. if you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse.

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maria: welcome back. president chen begin it clear that technology industries a central focus in this economy. through meetings with industry leaders like apple and amazon's jeff bezos. we are back with our panel. great to see everybody and that's my question for you ryan because he were a small start up relative to what we are talking about in terms of the impact on tax reform and some of these policies. what's the most important policies like to see coming out of this administration to help your business get to the next level? >> the way we think about policies we leave that to the experts. at a high level the thing that is important is actually pervasive right now and innovation. innovation is good for a group of economies and good for our domestic economy because it adds transformation change and opportunity. from our perspective at cadre we are innovating in real estate. we want more people to have access.

the only way that was available in successful was because we innovated. we said this existing real estate investing model does not work and we want to change it for the better. the most important theme that needs to be pervasive and continue to be so is innovation. maria: one of the things as you want to rollback red tape. that's one of the things the president has talked about so far making it easier to eliminate the red tape. do you see that happening and is it easier for you to take the company forward? some people say that's not -- that's why they are not going public. there's too much brockers the. >> there's a lot of friction in d.c. and real estate. if you really take a step back and think about the big industries of our time they are deeply entrenched. real estate is an industry that's been built on efficient bureaucracies, health care. a lot of the infrastructure government so i think it's more

a function of needing to take alone approach the marathon to build these companies and platforms and industries that are very very hesitant purposes in the best companies are able to continue to raise capital. in our case we were overprescribed at 130 million today because investors understand. we are transforming something that doesn't happen overnight and i think that's probably why more companies are staying private in the ones by the way that don't have the business model they are not staying private or they don't exist. maria: do you agree with that in terms of the regulatory environment and any changes you want to see? >> generally our industry is about innovation and regulation. what we have discussed is exactly the case which is we want things that will help us move forward and move faster not things that will slow us down. that's the general approach. from a next-door standpoint where about the local communities have a look at less at what is happening nationally and what is looking -- looking

at what's happening locally. they are laws regulations would happen on the local level not just the ones where focused on but in general our industry is about trying to create ways for companies to do things faster, to do things better instead of slowing down a little bit and held back. and. maria: shareholders focus on the business model dan. >> is regulation decreases the next question is can these become businesses so a pretty substantial amount for my the greatest media companies and they don't do that often so they obviously saw something in brit. brit would he do with net capital and what is the business model with branding company? >> a lot of people don't know is when i was starting at i did so because i was at google beforehand launching a product which is now turned into chrome cast. 2009 it was standing on the doorstep of every major television network asking to put

their video content on. >> you were 24 warn you are doing it. >> i was 24. i graduated college early. it was shocking to me as a 24 go a 24 girl that i could watch television on the internet. that's what i want to do and i was watching youtube on the internet obviously. it gave me a chance to go at that market opportunity and 10 years later what you are seeing is those networks are putting it in the interweb -- internet. now they are breaking away from things like netflix and making streaming bundles, making espn's own platform. what i'm excited about what disney is the opportunity to think about entering about what is the next platform for young women? is an audience i know very well. maria: we have to take a break will make him back i want to get

your take on where the growth stories are technology right now. these are consumer related companies that i wonder what the runway is. we'll talk about that brit dan and nura after the break don't let dust and allergens get between you and life's beautiful moments. switch to flonase allergy relief. flonase outperforms the #1 non-drowsy allergy pill. when we breathe in allergens, our bodies react by overproducing 6 key inflammatory substances that cause our symptoms. flonase helps block 6. most allergy pills only block one and 6 is greater than 1. with more complete relief you can enjoy every beautiful moment to the fullest. flonase. 6 is greater than 1 changes everything.

i mwell, what are youe to take care odoing tomorrow -10am? staff meeting. noon? eating. 3:45? uh, compliance training. 6:30? sam's baseball practice. 8:30? tai chi. yeah, so sounds relaxing. alright, 9:53? i usually make their lunches then, and i have a little vegan so wow, you are busy. wouldn't it be great if you had investments that worked as hard as you do? yeah. introducing essential portfolios. the automated investing solution that lets you focus on your life. so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver.

maria: welcome back treated. we are back with a roundtable today brit moran ryde williams dan rosensweig and narrative. your thoughts and discrimination.

let me start with you. >> do i believe in gender discrimination? yes. maria: do you believe it's happening? >> it's happening. i believe in 100% of the cases it's happening that i believe there's a lot of unconscious -- however it's the premise of the fact that there are 7% female venture capitalists and civil con valley and we have an idea that resonates with women in resolving a problem that women have it's difficult to get that across to his 60 or 60 or a white man. maria: that's a good point. you find talent you need in today's environment? he talk about h-1b visas all the time and the efforts that president trump has been making in terms of trade and immigration changes. can you find the people that you need to work or do you feel like like --.

>> never enough people, great people for us to hire that's either because of things like h-1b problems are primarily because there were so many great companies that are looking to hire the same kinds of people and. >> barrel for 4000 companies so the thought that we can hire everybody out there is impossible. >> discrimination -- gender discrimination plays a role as well. the 70% female work force it's difficult for us to hire engineers because 95% of them are male and get them the opportunity and what we are doing and show them the data like big business is one thing and to me it's a great thing but it's more of an uphill battle for me as well. >> do you think that's because there's a lack of understanding, sympathy/empathy? >> internet the skill sets to

understand the problems they are solving for consumers. it's just not one of them. it's fine but they are 50/50 there would be a much easier way to do that. >> i think in the u.s. we are 46/54 male/female for the whole company. we over index gender diversity and marketing h.r. finance legal and engineering remains a difficult thing but there are other areas of diversity. it's not just gender. the african-americans and hispanics because the u.s. population we like to represent the u.s. population which is younger students coming up in trying to get through college. but as it relates to regulation and visas and those things the fact of the matter is the more talented people we can bring into this country that want to build this economy as opposed to competing with this company the better off we are. >> in terms of diversity it gets brought up in triggers a lot of people.

it happens at our company as well. we embrace it because we believe that diversity contributes to independence of thought and independence of luck contributes to creativity and creativity contributes to innovation. cadre steps out of the traditional line of thinking was and says this is not how real estate investment should work and our team did the same thing that i think it's an existential need to have diversity so we all continue to innovate. there's a ton of talent here in the u.s. that i believe we still can bring into the. >> brit makes a point. half of the population are women and 55% of college graduates are women and 30% of our population are hispanic. you can believe what you want to believe that if you can't innovate and relate and communicate to these folks you aren't going to have a successful business. maria: do you all expect to be private in the next couple of

years or are you looking for a public offering sooner rather than later? >> we are planning to stay private. we have probably raised 45 million total because we don't want to raise that much more. mary ann -- maria: this is a decision you made. >> up one day we want to go public that's great otherwise we can stay small meaning like having raise a lot of money. who knows what's going to happen? i want to be in control of destiny and second thing is 1999 it took four years for a company to go public. now the average time is 11 years we are a 5-year-old rand. >> the average public company of a ceo is 24 months. >> i think in our world when we think about the businesses we are still in the early stages literally and figuratively. maybe an analogy to contextualize where we are in our journey we wanted to take an off-line experience of real

estate investing and make an on line. we still have multiple industries and multiple products to build. maria: a great conversation great to have you all here. thank you very much. thank you very much. don't go anywhere more wall ♪ it's a highly contagious disease that can be really serious... especially for my precious new grandchild. it's whooping cough. every family member, including those around new babies, should talk to their doctor or pharmacist about getting vaccinated. when this guy got a flat tire in the middle of the night, so he got home safe. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™. liberty mutual insurance.

maria. now we look at the date of market events coming up. schiller home prices are consumer prices a market mover. pending auto sales and jobs report always a market mover the major indicators to keep an eye on on. we will see how the jobs numbers take off and impact the market. earnings season the slowing down now but there are few names. abercrombie and fitch best buy and campbell's soup reporting quarterly numbers. tune in next friday at 8:00 p.m. eastern for another edition of "wall street week" with we will see you then and i will see you on the "fox news" channel are

for sunday morning teachers. catch the show at 10:00 a.m. on "fox news." that will do it for us now on "wall street week". thanks for being with us. >> i'm bob massi. for 35 years, i've been practicing law and living in las vegas, ground zero for the american real-estate crisis. but it wasn't just vegas that was hit hard. lives were destroyed from coast to coast as the economy tanked. now it's a different story. the american dream is back. and nowhere is that more clear than the grand canyon state of arizona. so we headed from the strip to the desert to show you how to explore the new landscape and live the american dream. i'm gonna help real people who are facing some major problems, explain the bold plans that are changing how americans live, and take you behind the gates of properties you have to see to believe. at the end of the show, i'll give you critical tips you need to know

in the "massi memo" because information is power. and the property man has got you covered. [ woman vocalizing ] thanks for joining us. i'm bob massi. frequent viewers of this program have seen me highlight some of the amazing work done by the charity building homes for heroes. they're a national non-profit that builds or modifies beautiful mortgage-free homes and gifts them to injured veterans and their families. >> we'll gift a home this year every 10 days. >> it started in 2006 by businessman andy pujol. >> building homes for heroes is my way to serve our country, to serve the united states of america. >> but the story of how the group came to be is what brings me here to tucson, arizona. in 2003, army sergeant mary herrera was a military police officer serving near fallujah, iraq.

she was working as the gunner on the lead humvee of a convoy when, suddenly, they were ambushed. >> i see two guys up on the bridge. by the time i looked up, we were already getting hit. >> wow. mary was immediately hit in the arm by ak-47 fire. >> i immediately start to suppress fire with -- with the machine gun. and i got hit the first time on my upper right bicep. i could still use my arm. i could still suppress fire. >> so it's still functional at that point. >> it was still functional. it was still functional at that point. now, i'm holding the rifle and firing. and all of a sudden, my right hand falls to my left. >> all functions gone? >> all functions gone. the only thing attaching my hand to my arm was skin. my vehicle commander looks at me. and the look on his face told me that the arm was gone. >> wasn't good. yeah. >> yeah, it wasn't good. >> she lost sensation in her arm. and the doctors said she probably would lose it completely. >> the first thing that i heard was she's alive and she's gonna make it. but, uh, she's being seen

by the doctors and the surgeons and everything. >> how many surgeries did you have? >> i've had, uh, 23 surgeries. >> is there any other future surgeries you need? >> oh, absolutely. >> mary recovered at brooke army medical center and, through some fellow injured soldiers, met andy pujol. >> that's when andy, you know, decided that it would be a good idea to be able to give back to those who had given us so much and, you know, give 'em a home. >> we made a promise to gift homes to veterans. >> when he launched the charity, mary acted as an unofficial spokesperson. >> she jumped onboard. she helped from day one. she joined in every effort, every endeavor. >> i was so proud of her because she wanted to help others like her. and that really helped her, too. >> and i wanted to help her from day one, but she guided me to help others. every veteran who receives a home from building homes for heroes, she has her name on it. there's a place in every single home where mary's heart is. >> she never asked for anything

for herself. but andy always wanted to give her a home. >> andy says to me, "mary, um, i want you to be one of our home recipients." and he announced it during the gala at the golf house. >> he has a tendency to do those things, doesn't he? >> he likes to surprise. >> he's all about surprising. >> she just kinda laughed and chuckled and -- and said, "no. no, no, no. but i know a really good veteran that needs a home." and that was always the answer. she always had another veteran that needed our help, that needed a home. >> i was like, "no, no. i'm not with building homes for heroes, you know, to receive anything. i'm just here to push the -- the gifts out." right? >> but andy finally convinced her. >> you can't argue with andy when andy's made up his mind. so, you know, here we are now, standing in this beautiful home. it's been nothing less than a godsend. it's the absolute american dream. >> we have received this beautiful, wonderful opportunity from chase. >> chase donated a formerly foreclosed home, which was completely gutted and renovated.

>> building homes for heroes was able to make this home fit my needs as far as my injury, where my injury might be 10 years from now, whether or not i still have my arm. the floors, you know, they were porcelain or ceramic, very slippery. because of my injury, i'm not as steady on my feet. so i lose my balance. we ripped out the ceramic flooring. building homes for heroes asked me what i wanted in the kitchen because i might not keep my arm forever. so by putting these, um, handles that are easy for me to grab with one hand, doing the soft close, the open and soft close. um, they also did, uh, one of these here where i can just pull it down with one arm and pull it back up. >> very functional for you. >> right. mm-hmm. the master bathroom is probably the main thing. building homes for heroes gutted the whole bathroom, redid it. and it's a therapeutic tub. >> i can see the jets, huh? >> the jets. >> this is like a jacuzzi. >> yeah. and you can change the pressure. >> how does that help the injury you've sustained? >> well, it relaxes the nerves that have been tensed up throughout the day. >> of course.

>> it's a lot better to take a bath than to take a pain med. >> no question. building homes for heroes -- they never consider the work to be truly done. now, it's years later. they are still improving mary's home, completely overhauling landscaping and the backyard. >> we took out about 175 tons of dirt and grass and debris from the backyard. my overall goal was to make sure she had a beautiful backyard that she was able to maintain with no problem. >> they've redone the whole backyard and front yard, made it so functional for the kids. they've done a remarkable job. >> she hasn't seen andy in years. but we decided to bring him out to arizona with us for a little surprise. andy pujol. >> yes. >> what does he mean to you? >> he's nothing less than a family member to me. he's been a great father figure for me. [ gasps ] andy! >> [ laughs ] >> andy. >> hello, beautiful. >> andy.

[ indistinct conversation ] >> yeah, i'm gonna. >> oh, i love you. >> when you look back, as tragic as it was, it's a blessing that you're here. >> it is. and it's the best thing that ever happened to me. >> in what way? >> you know, serving in iraq and coming back with the injuries, it opened me up to a whole different perspective of life. and the best part about it is we need americans like andy pujol. oh, what a wonderful surprise, andy. i love you so much. >> i missed you. >> it's the best way to teach your children to serve others. >> mm-hmm. it's a good idea. good perspective on it. >> it's a great -- yeah. it's a great way for them to grow up and know that the american people, you know, made this happen for you, you know. so it's your turn to turn around and serve others. >> mary allowed us the opportunity. and we've all heard of the movie "pay it forward." and mary has paid it forward 1,000 times over.

>> when we come back, to rent or buy. it's a question millions face every day. i'll give you the information you need to know before you decide, up next. [ woman vocalizing ] ♪ [brother] any last words? [boy] karma, danny... ...karma! [vo] progress is seizing the moment. your summer moment awaits you, now that the summer of audi sales event is here. audi will cover your first month's lease payment on select models during the summer of audi sales event.

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>> welcome back. i'm bob massi, the property man. for decades, the american dream was home ownership. >> ♪ ain't it good to come home ♪ >> over the years, the amount of people owning homes steadily grew. that is, until the housing collapse and the foreclosure crisis began reversing that trend. >> there were a lot of people where were forced into rentals because they were not able to make their mortgage payments anymore. >> every day, more than 2,600 new renters enter the market. so what happens? rental inventory gets squeezed, and rents increase across the country. >> a lot of new homeowners especially are paying

extraordinary amounts of rent. >> so now the tide may be about to turn again. >> we're seeing individuals that had to rent starting to come back into the marketplace to purchase. >> how do you know if you should rent or buy? >> like any large financial decision in your life, i think that requires a lot of thought, uh, a lot of planning, and a lot of consultation. >> first of all, you have to really evaluate your situation to see where you do stand financially. >> getting with that mortgage person early on is -- is very important. they can look at your credit scores. they can look at, um, you know, your history of income. >> take the time to do a buy-versus-rent comparison, factoring in your specific circumstance. >> what are your needs for your family, for you? is it a good school district? do you prefer a pool? what do you want out of the home? and then let's talk about what you can afford. >> realtor.com has a rent-versus-buy calculation where you can input the location

you're looking at, a potential purchase price, and a potential rent. >> take care of pregnant wife. that's you. >> chris and kat moved to arizona and decided to look into buying a home. >> we were kinda looking at both options of renting and buying. >> what made you decide to buy as opposed to continue to rent? >> the affordability was almost equivalent to what renting would be here. except we had more square footage and a yard. >> their realtor showed them this 1,400-square-foot three-bedroom home. >> we definitely saw it as an -- an investment, where renting, that's not even an option. it's always just giving out money. >> growing up, um, i really, uh, valued my parents and how they -- they bought a house and just how much it appreciated over time. >> so what things did you look into financially? >> in addition to, i mean, the mortgage, this house had an hoa. >> homeowners association. >> mm-hmm. homeowners association. >> remember, home ownership's costs are much more than just your mortgage. >> you've got also

your operational cost. >> the prices of water and -- and gas and, um, all those additional things that sometimes are packed into a rental agreement. >> even putting aside hoa dues and insurance, there's property taxes, landscaping bills, water, sewer, and utility costs. >> if it's a home that, uh, is not energy efficient, you know, that could be a really large amount that you're paying monthly. >> what if an appliance breaks? what if, um, you know something needs to be fixed? you do need to have that money kind of set aside for an emergency situation. >> so all of that needs to be factored in the actual operation of the home. >> could you qualify for a mortgage even if you want one? well, sometimes first-time buyers have trouble because they've only rented before. they might not even have any credit established. >> there are programs that allow for a nontraditional credit. so we can check things like an electric bill, um, or even a cable bill. >> if renting is what works for you, there's still a lot to think about before signing

on the dotted line of that lease. a lease may not be a mortgage. but remember, it is a contract. and a contract is binding. >> you wanna have a good understanding of what your security deposits are for and what could happen that would make it, um, so that you wouldn't get that money returned. you wanna have a clear understanding, want your lease to spell it out very concisely. >> it's important money that a lot of times is hard to get back. >> we will walk through and double check every piece of the property. >> go into each room. check them out. make sure that everything's in order. >> look at the windows and the light switches and the flooring and the walls. >> the way it looks when you go in, it better look close to that when you leave. if it doesn't, that security deposit we're talking about, you're never gonna get it back. when it comes down to it, deciding to rent or buy is a very personal decision that you have to make based on the specifics of your own situation. so do your research before you make your move.

up next, as the property man rolls along, we'll go inside this magnificent estate. you don't want to miss it. [ woman vocalizing ] don't let dust and allergens get between you and life's beautiful moments. switch to flonase allergy relief. flonase outperforms the #1 non-drowsy allergy pill. when we breathe in allergens, our bodies react by overproducing 6 key inflammatory substances that cause our symptoms. flonase helps block 6. most allergy pills only block one and 6 is greater than 1. with more complete relief you can enjoy every beautiful moment to the fullest. flonase. 6 is greater than 1 changes everything.

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>> welcome back. time now to get another peek behind the gates of a luxury property just hitting the market. this elegant 4-bedroom, 4 1/2-bath luxury home was custom built in 2014. it's currently listed for $5,995,000. i wanted a tour. so i turned to andrew beardsley, an agent with silverleaf realty. so what makes this house so special?

>> it's twofold. i think the location, northern scottsdale, a part of the dc ranch master planned community, close proximity to the silverleaf club and spa, and then, really, the overall design style. it's a very clean, formal mediterranean look. >> mm-hmm. >> and really get a sense for big, open spaces, 11-foot doors, 15-foot-plus ceilings. i mean, they really wanted to open this up to -- to show the grandeur. a lot of different styles could go in this home. if you wanna be a little more contemporary... >> you can. >> if you wanna feel a little more formal, like they have it set up now, it really can lend itself to a lot of different styles that people have. >> no expense was spared with the finishes. marble flooring, european oak, limestone, and marble countertops. >> you really see the care that was placed into the finishes, the furnishings... >> the top-line appliances were not just bought and placed here. they were built into the custom cabinetry. >> they've got the wolf and sub-zero appliance package.

you might not even tell, but it blends in like a nice piece that you would buy. >> it's like a piece of furniture. >> it absolutely is. you would never know. >> and, you know, the furniture, you know, i mean, it's elegant. but it's simple. >> right. >> you know, it fits the home and the character of the home and the whole ambiance of the home. >> and you can see how you would use this as a family. >> absolutely. >> have breakfast here. sit at the breakfast bar. >> absolutely. now we're into the master bedroom area. >> we are in the master suite, yes. you can see european oak wood floors, the very clean detail throughout, the sitting room behind us. you really have your own dream space back here. >> and with a view of where we, you know, the backyard, the guest house. >> you wake up to the best view in the house. >> yeah. >> you've got the private patio behind me that you can access. really, it would be hard to leave this space. >> let's go look at the bath area. >> oh, please. the marble flooring, his and hers sides. >> this brings a whole new definition to a closet, okay? >> yes, it does.

uh, this wouldn't be his closet. >> this is a room. this is a bedroom. this could be multiple bedrooms, actually. >> absolutely. you've got the full gym for the fitness buffs. one thing i can say about scottsdale, everybody seems to be fit. >> oh, yeah. absolutely. >> this is a room you could stay fit in, for sure. everywhere you go in this house, you are drawn to the natural light and beauty from the outside spilling in. the 7,600-square-foot formal mediterranean home sits on a lush estate hidden in the desert with just under 1 3/4 acres. so let's go take a look outside, because when i came through the front door, that's breathtaking. >> oh, yeah. everything in the home leads to the outside. >> i'm tellin' you, it reminds me of "the godfather." >> 1.7 acres out here, looking straight out to the mcdowell mountain preserve, unobstructed views. it just feels very private back here. this is your own private desert oasis, very lush. everything inside is leading you to the outside. >> and nobody ever believes that a home like this would

ever exist in the desert. i mean, really. >> and i don't blame 'em. >> the house features a truly relaxing oasis with a pool and spa and separate 516-square-foot guest house. i mean, i was inside the casita. i could live there and never leave. you've got the lap pool. >> absolutely. >> i mean, it has its own kitchen. it's self-contained all the way around. >> it's got its own kitchen. we're gettin' ready to walk past the -- the private spa over here. you can access it off of the patio off the master suite. >> yeah. >> the detail in the landscaping and the landscape architecture, and it really sets itself apart. other side, you've got the bocce court. so its an entertainer's dream. but it's also a great family home. >> self-contained. you don't have to leave. >> no. you really don't. >> if you don't wanna leave, you don't have to leave. when you look at this home and you see what comes with it and the ambiance that you create, almost like you're alone. >> absolutely. >> when i heard the price, i'm not saying that that's not a lot of money. but i would have thought it would be more than that. >> you can really get a sense

for the clean lines of the architecture. >> very much so. >> it really has a good blend of entertaining, family living... >> everything anybody could ever imagine in a home. >> right. >> at the same time, i have to say, as lush as it is, it feels lived in. it feels -- you could have a beautiful family in there and really enjoy the home. >> and it is. this is a family home. they've got young kids. they use the home. they use the pool. and it still shows like a piece of art. >> still to come, the "massi memo" with more information on renting versus buying and when it's time to take the plunge. stick around. [ woman vocalizing ] parodontax, the toothpaste that helps prevent bleeding gums. if you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. help stop the journey of gum disease. try parodontax toothpaste. ♪

>> welcome back. i'm bob massi, the property man. and it's time for the "massi memo." earlier, we talked about renting versus buying and how you can know which is right for you. as with so much else, there's no magic answer. it depends on all sorts of different variables like how long you're planning on staying, what kind of financial resources and credit you have, what your priorities are in terms of location, transportation options, and amenities, and, of course, the total monthly costs of each. now remember, looking at monthly cost does not just mean comparing rent versus mortgage payments.

don't forget about things like hoa dues, homeowners insurance, property taxes, landscaping, utilities, water, and sewer. it goes on and on when you own a home. realtor.com has a rent-versus-buy calculator that is a great place to start. using it, you can see at what point home ownership pays off based on your specifics and then decide if it's the right move to make. whatever you do, do not make a decision like this on a whim. and don't listen to everybody, only people who know what they're talking about. do your homework. research your options. and make the smart move. that's all the time we have for today. be sure to send me your property stories, questions, or pictures of your property bloopers. send them to propertyman@foxnews.com. and don't forget to check us out on our facebook and twitter. there's also plenty more information and videos on our website, foxnews.com/propertyman.

i'll see you next week. [ woman vocalizing ] ♪ our trool fight to win. we will fight to win. from now on, victory will have a clear definition, attacking our enemies obliterating isis prosperingalale perpetuatoring taliban from taking over afghanistan stopping mass trevor attacks against america before they emerge. >> welcome to "journal editorial report" i am paul gigot that was president donald trump monday night his first prime time address to the nation laying out his administration's pat