As reciprocal linking is being questioned with the recent Big Daddy update (what is being questioned is if it is being devalued by Google - you'll get many different opinions), I think it is best to set your recips up as well as you possibly can. This means separate state pages, international, etc.

Setting up the first page with all 50 states plus International & other real estate related links is just the first step. Then you need to set up 50+ actual pages to coordinate with these links. Most people add some kind of content to these individual pages so they are not just pages loaded with links.

Personally, I am getting very picky about exchanging with a site that doesn't have individual state pages. I still like to follow Google's recommendation that a page should have less than 100 links per page.

Even if Google doesn't penalize your page, you might have a difficult time getting good sites to link with you with one big resource page.

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Southwest Chicago Suburbs Real Estate is an affordable area with close access to downtown Chicago. Money Magazine says that Orland Park real estate is one of the best places to live in the U.S. Next door you can find Tinley Park homes for sale and get Orland Park amenities at a more affordable price.