In addition, many markets, including my own, have a large population of baby boomers due to our great weather.

You have got to be the smartest baby ever Josh.

That's a blip on the radar screen compared with the almost 3,000 REO properties in Illinois last month, according to data from RealtyTrac.Still, even baby steps in the right direction can be considered positive, particularly since foreclosure trend spotters say more consumers are likely to lose their homes given the nation's 9.4 percent unemployment rate.Bank of America, the owner of Countrywide Financial, services one in five residential mortgages nationally.The bank's intention with the program is to remove talk about price from initial conversations between it and cities.

Medicare is broke, Social Security is broke, Welfare is broke, Real estate markets reeling, Stock market is crashing, Baby boomers are coming into retirement every day, State governments are requesting federal money that doesnt exist and is made out of thin air, and now the government is after the remainder of 401ks and taxpayer money with this bail out of the rich!

The present market tone is somewhat reminiscent of the way it was back in 2003 when the Baby Boomers were fleeing the stock market in droves looking for investment alternatives.

One person will want hardwood everywhere (allergies, etc) but others will need carpet (small babies need a soft landing).  

Then between those expenses, our mortgage, and daycare for 2 children, we save for our family vacations but our real estate savings had taken a back seat after baby 2.  

Secondly, locking your money into the property means not having access for major expenses, or when other things in life happen - babies, sick persons, etc.

Of course me just a baby in the game i can"t handle that but maybe you can email or inbox if you want the details..

We started in the summer of 2011 with our first rental property (traditional financing), the second rental Feb 2012 (hard money), but we've slowed things down quite a bit since my wife's pregnancy and the birth of our beautiful baby girl, Aria, in late 2012.