I am still finding values on Houston homes that are Foreclosures, REO, Short Sales, and Corporate owned property. Several Foreclosures are only available for First Time homeowners or HUD Foreclosures for homesteaders. Investment property closer to town show good appreciation but are more expensive than homes in the suburbs including Spring, Cypress, Kingwood, Katy, and Sugarland.
Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®