Arizona is the 6th largest state boasting spectacular landforms like the Grand Canyon, the Painted Desert and 22 State Parks. The state is famous for 320 days of sunshine a year.
Arizona’s economy is fast growing, strong, and robust. It stands as one of the richest economies in the country with the cost of living at 5% less than the national average. The booming economy and high rate of tourism supports both the job market and an ever growing real estate market.
Arizona has a home price appreciation rate of 81% making it a great option for real estate investors. The median price of a home in this state, $230k, ranks below the US median allowing the investor to enter the real estate market at a lower cost.