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Saturday, September 30, 2006

Houston Real Estate

Houston is a hotbed for new residential development. Ever since the housing slump of 1980's and early 90's, Houston is on the rebound, constructions are flourishing, and new residential developments continue to boom. Houston Real Estate is not known for appreciation value like California, Las Vegas, or the East Coast. But, prices here are fairly stable and seem to defy downward housing price trends nowadays.

Due to the low housing cost, Houston Real Estate is very attractive especially for out of town investors. Having made lots of money in markets like California, investors can purchase many properties here in Houston for lease and rent.

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