In the news yesterday I saw that my market, Dallas and one other city were the only markets where home values actually appreciated. It was a modest increase but a welcome sign. Of course Dallas never went through the wildly inflated prices of the past few years either and that is a significant factor. Property values seem to be slow and stable here going up at very reasonable rates. In the long run that makes an area like this an ideal place to invest in real estate. It is the long term investment that pays off here, not the roller coaster ride.