Houston has just been named one of the "Best Cities for Bargain House-Hunters", by Forbes.com. Here's a quote from the recent article...
"... Compared to housing prices in other cities, Houston real estate has always been a bargain, which is part of why the population has expanded so much since 2000. Jobs are being added to the books at the sixth fastest rate of cities measured, and while the city has had more than a few foreclosures, especially in Harris County, it hasn’t taken a huge overall hit. Based on inventory levels and construction projects in the works, buyers still have good standing to negotiate price..."
From "Best Cities for Bargain House-Hunters", by Matt Woolsey, www.Forbes.com, February 7, 2008
While we Houstonians sometime bemoan our lack of scenery, our flat topography has allowed the city to expand and grow without barriers. That factor, together with a strong economy, has kept housing prices reasonable. So thank you, Forbes, for naming us one of the "Best Cities for Bargain House-Hunters"!