Ten years ago, most real estate investors would have shied away from an investment in a condominium. Traditional appreciation favored single-family homes; condominium appreciation tended to be a fraction of the appreciation rate of homes. However, in the last decade this trend has been reversed - condominium sales are not only steadily increasing, but in many housing markets like Arizona, they are even outpacing single-family homes.

Arizona offers strong investment potential in the condominium market because of the varied needs of the population. Condominium real estate appeals to many investors and home owners for a variety of reasons.

Condominiums are popular option with first-time home buyers that find it difficult to purchase a traditional, single-family home. But there are many people investing in condominiums that can easily afford a single-home. Aging baby-boomers are frequent buyers of luxury condominiums. They may be willing to simplify their lives in terms of space, provided they receive some other trade-off. In Arizona, that means condominiums that are clustered around immaculate golf courses, luxury living with spectacular mountain and valley views, and easy access to metropolitan conveniences.

Arizona, specifically Phoenix and Scottsdale, offers exciting urban areas. With professional sports team franchises, art museums, incredible shopping venues, concerts, and strong business growth, these cities are becoming just as popular with the urbanites as some of the other major cities - Houston, Chicago and New York. Of course, Arizona's real estate market is far more affordable than those markets, attracting record numbers of buyers.

Arizona is also unique in its potential for condominium rentals; with a steady tourist trade and an active retirement community, condominiums rarely stay empty for long. Investors can earn rental income while their condominiums increase in value at a steady pace.

Few markets have the potential for condominium affordability and appreciation as Arizona. It's a great market for first-time investors, or those that would like to dabble in the luxury investment community. You are guaranteed of a strong investment that will continue to grow and outpace many other condominium investments.

More info on your stop foreclosure information search:

Get Free Foreclosure Advice and Free Refinance Quotes
Get your free on-line foreclosure refinance quote and free advice from foreclosure mitigation specialist in minutes. Compare real offers from top national subprime and hard money lenders... more...

Frisco Texas Homes for Sale
At any given time, there may be thousands of Frisco Texas homes for sale. As of this writing, there are over 1500 in the MLS listings. Frisco is an interesting area with much to offer the potential homeowner, but unless they get a little help, they often end up looking at numerous properties in ... more...

Phoenix Luxury Homes
Despite the 'housing bubble' horror stories promulgated by the mainstream 'media' today, the market for Phoenix real estate is still expanding. Whether you've owned and/or you are an investor in luxury new homes, or you're one of the smart ones who have taken advantage of highly favorable economic ... more...

Scottsdale Luxury Homes
The prime real estate that is today home to Scottsdale luxury homes once had the exotic-sounding name of ?Vashai S?vash-onih.? In the Hokan-Coahuiltecan language of the local Yavapai Indians, this translates as ?The Place of Rotting Hay?? not exactly a flattering description. Small wonder the name ... more...

Investing in Florida Real Estate and Florida Condos
Florida Condos for Sale Buyers who are looking for a Florida vacation home usually search for a Florida Condominium for sale. It could be a luxury condo with an ocean view, a South Florida Townhome on the Intracoastal Waterway, or a Florida Beach Property. Some buyers will prefer the Tampa area. Or ... more...