Foreclosures are up 220% in NV. Holy cow. I called that one though. I recall reading somewhere a year ago that over 50% of the homes being sold there were speculative buyers. Caution. If you buy here in TX, make sure the builder has policies in place to limit speculative buying. Otherwise you'll end up in a rental district with lots of foreclosures. A certain large builder here does not do this and inturn many of their nieghborhoods fall into this category.
"House Prices Slide as Property Glut Grows"
http://biz.yahoo.com/weekend/propertyglut_1.html
Houston is mentioned as one of the only markets with upward appreciation. Not sure why Dallas is not in there as it was actually in an article late last year as one of the most undervalued markets in the nation and everything I have read since shows modest to above average gains in most areas.
http://www.dallasnews.com/sharedcont....8fff9487.html
and
http://money.cnn.com/2006/07/25/real...lues/index.htm
