Economy and Real Estate
Economic status and real estate market are directly proportional to each other. When there is a high feasibility of career growth and economic growth, real estate markets flourish. New York, Charlotte, North Carolina and New York Cities are samples of this.
But there are also cities where there are undervalued houses. Buyers would prefer to buy a house located near their workplace. Real estate market is also dependent on the community. The lower the crime rates, the better. Take Cleveland for example, real estate market there is rapidly decreasing due to the number of crimes listed.
Source of Pic: http://www.gearthblog.com/images/buildings.jpg