Market appreciation refers to the natural increase in a property’s value over time due to supply and demand, economic growth, and area improvements. It’s one of the two main sources of return in real estate (the other being cash flow). Appreciation is often stronger in growing metros and desirable suburbs, like those surrounding Memphis. While it’s less predictable than cash flow, appreciation can significantly boost long-term returns. Meridian helps investors choose markets with a strong appreciation outlook and stable fundamentals, so their portfolio grows in both equity and income.