Some buyers (think Cary NC in the 1990s) are looking for attributes not related to economic value, like: common areas, access to public transportation, proximity to parks, etc.

However long they can hang on for or until it isn't economically feasible - whichever comes first. 

This is dependent on the city's long-term economic growth.Natural disaster risk: Certain locations are more prone to natural disasters, such as hurricanes, tornadoes, earthquakes, fires, and floods.

Economic fluctuations can impact property values.Detroit, Michigan:Pros: Detroit offers low property prices and potential for high returns on investment.

This preference makes sense because if these GMs are still in business, it likely means they have developed strategies to maximize profits within different economic cycles.

You have an economic interest in seeing that the property is correctly insured. 

Given the current economic conditions and any upcoming trends you foresee, what are your forecast?

There's a lot of macro economic conversations about "bubbles" but I think it's really interesting to compare what's happening now with 2008.  

I've looked at NM for probably ten years and never found anything that would even come close to making economic sense. 

Be sure to have good exit strategy for if/when that happens.A wise mentor told me once that until you've "Battle tested" a strategy for at least 5 years thru one full economic cycle, consider it still all good luck.