Biggest reason, what happens in an economic downturn.

I have financed a few hotel/motels and know they can be very profitable but also very susceptible to economic conditions.

He studied Business Management and Economics at East Carolina University, all the while working within his fathers custom home building company as a supervisor and helping his mother in the sale of homes within her brokerage.

My biz partner and I plan on finding a four to eight plex after we finish re-positioning the property we just purchased, and continue to purchase properties MFR's every 2 to 3 years (Funding & Economics Dependent).

It comes down to economics for home sellers.

People lose sight of the fact that real estate moves in all markets, just differently and at an alternative pace based on other economic factors.

Its attractive tax structure, a legislative and regulatory climate conducive to economic activity, incentives, finance and business assistance programs, low occupancy and construction costs and adequate space in which to expand are all fueling the accelerated growth.

They're responsive professional, & reliable with an approach to keep costs as economical as possible.

There is a lot of economic uncertainty.I would not recommend buying a single family home right now, unless you never plan to leave that home.

To your comment about state and municipal debt: Are you concerned about the long-term economic health of Chi-town and the surrounding areas?