Headlines indicate deteriorating real estate markets throughout the country. However, there are still markets that are bucking the trend, or at least performing better. Places like Manhattan have certain similarities to Jackson. Manhattan is an island, and Jackson is surrounded by Public Land. These factors limit the supply and also the downside. Demand for real estate in these markets always exist. These are arguably international markets!
No market is ever teflon! But over the long term, the supply/demand issues always prevail.