There are two real estate markets that reign supreme in terms of appreciation: Arizona and Florida. Both of these markets have seen record setting appreciation, even as the real estate market in the rest of the country slowed.

While both Arizona and Florida are considered good states for real estate investments, only Arizona has a proven track record of stable pricing and steady appreciation in value. What makes Arizona such a great market place to realize appreciation? There are several reasons:

The local economy is probably the single strongest driving factor in real estate appreciation. In part, because this factor affects all levels of real estate - from condominiums, single family houses, to high-end custom built homes. Arizona's economy has been stable for a number of years.

Close proximity to inexpensive foreign labor contributes to an expanding manufacturing base. Arizona's local governments are courting high-tech businesses to increase high-tech industry in the state. When combined with a number of excellent universities, many that are expanding rapidly, there are a number of factors in place that promise continued economic growth for Arizona.

Another consideration in appreciation values is the quality of the school districts in the area under consideration. Many of the school districts in Arizona (especially Scottsdale) are considered some of the best school districts in the nation.

Past real estate sales rates are another important consideration in appreciation rates. Like most of the country, Arizona has had record high real estate sales - but unlike some other areas, there continues to be a strong demand for homes in Arizona. Rising interest rates has had little or no impact on the total real estate sales in Arizona.

If you are looking for a real estate investment that promises steady appreciation, you can find great potential in Arizona. We'll be happy to help you find the perfect investment, something that will keep pace with Arizona's economy and expanding population.

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