Real Estate Directory

Chicago real estate market

The Chicago real estate market is among the strongest in the country. Downtown, construction cranes are everywhere, building luxury Chicago condos . Trump International Hotel & Tower, Ritz Carlton On North Michigan Avenue, The Mandarin Oriental Tower and XO Condominiums are some of the more than 52 projects in pre-construction. The most significant development, The Chicago Spire just broke ground in August. At 150 stories, it will be the tallest building in North America.There will be about 1,300 condo units in the Spire which is scheduled to be ready in 2010.

Long Term Real Estate Growth

TheStreet.com picked 5 long term real estate markets to own.They looked at  future job growth, stability, and room to move.

• Austin, Texas (median home price, or MHP, $176,700; future job growth, or FJG, 28.1%)
• Bend, Ore. (MHP $229,000; FJG 30.8%)
• Fayetteville-Springdale-Rogers, Ark. (MHP $168,400; FJG 32.9%)
• Fort Collins-Loveland, Colo. (MHP $237,000; FJG 22.9%)
• Raleigh-Cary, N.C. (MHP $207,700; FJG 20.3%)

Interesting. I think most of these are College towns.