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