Pros of homeownership in the village of Duncan, Arizona could include:

1. Property appreciation: If the property values in Duncan rise over time, homeownership could offer an opportunity for greater financial gain.

2. Building equity: As homeowners make mortgage payments, they are building equity in their property.

3. Tax benefits: Homeowners in Arizona may be eligible for tax deductions related to their mortgage interest payments, property taxes, and other expenses.

4. Stability: Owning a home can provide long-term stability and security, and it can also allow for more control over one's living situation.

Cons of homeownership in the village of Duncan, Arizona could include:

1. Maintenance and repair costs: Homeowners are responsible for the cost of repairs and maintenance, which can be expensive.

2. Financial commitment: Homeownership requires a significant financial commitment, including a down payment and ongoing mortgage payments.

3. Potential for decreased flexibility: Homeowners may be tied to a particular location or property, which could limit their ability to move or make changes.

4. Possibility of property value decrease: As with any investment, there is a risk that property values in Duncan could decrease over time, potentially leading to financial loss for homeowners.