I'm in the international development consulting industry, mostly working in private sector development/economic growth arena, and fortunate to be living overseas...at the moment, in Istanbul, Turkey.

With the "junk yard" reference, it sounds like if he has any experience at all, it has been in the low income sector of the business, which is challenging if you were expecting to buy houses and collect checks each month without drama. 

The first thing you see is that builders don't make very much for all their hard work but the chart has a number of very useful items for any investor in the single family sector.

Based largely on its affordability, cultural and leisure activities, education options and quality housing, Pittsburgh is the ninth smartest place to set down roots.

How the stock market affects your local real estate market depends on what sectors crash.

We met with another realtor who was interested in investing and even went to check out a few properties, but that never went anywhere either.None of us has given up on real estate investing, but we're not even sure where to start anymore because so many things have changed over the years.I was just on YouTube today to see what's been going on in the RE investment sector and found the BiggerPockets podcasts.

Since the Oil Markets are seeing a pull back in jobs in those industries, you want to make sure the other sectors are growing and not flat-lined.

I think this could drive down rents in that sector creating competition in the B and then C sector.

I thought for anyone looking to get financing for your purchase or selling this would be an informative seminar to listen from Standard and Poor's on the banking system.Banking system.

When I do though, I plan on releasing my self from the job sector.