It seems as if it is:
The volume of single-family home sales in August across the Greater Houston area dropped 10.1 percent compared to August 2008, according to the Houston Association of Realtors.

Houston was recently ranked the ninth-most expensive American city by Forbes. While this may seem misleading at first, bear in mind that the same basket of goods is significantly less expensive in Houston than in other major U.S. cities like New York (No. 1), Los Angeles (No. 2) and Boston (No. 8). Houstonians get major-city benefits at a cheaper price.

Just minutes outside the city, Houston real estate impresses in suburbs such as Sugar Land, Kingwood and The Woodlands.

If sports are of interest to you, Houston boasts several professional teams including the NFL’s Texans, MLB’s Astros and the NBA’s Rockets.

According to the Greater Houston Convention and Visitors Bureau, 16 companies on the Fortune 100 Fastest Growing Companies list are headquartered in the metropolitan area.

Anyone investing here? Can anyone add reasons not to invest here? Thanks

Houston has redefined itself as one of the nation’s foremost industrial, educational and financial centers. As home prices continue to decline, now is the ideal time to invest in Houston real estate.

I'm from NJ. What would you say about the Houston real estate market's near future? A Remax agent here in NJ recently told me that the market will see an additional 25% drop over the next year. I confronted my mortgage guy (a big player in the industry and also a good friend) and he disagrees. If I'm going to invest in Houston real estate, I want to make sure my timing is right. Thoughts?

Great Post.I can agree this ..In this type of investment is some what best.I know only small details..I like to tell some about Real estate development