They do also get aggregated with other global sites from the MLS.

It's a good rule of thumb but the days of REO at a 30% discount are gone on a global scale, in my opinion.

But I can look at my global equity position when I bought my first 8 unit in Houston about 8 years ago vs. what it is today.  

Yes you have to stay abreast of the laws, trends, and markets, both local and global.

Its great to see such a vibrant city bouncing back.

OK, so some of you think bandit signs are the cause of global warming, the ebola virus, and terrorism.

@Harriet BaldwinWelcome aboard the vibrant BP community.

We live in a global market, not just a national one and anyone not recognizing that is blind.

Generally, I quite agree that real estate investment and rental are probably the best way to invest, especially during this global recession.However, I’ll tell you a story from personal experience which may make you pause before buying an investment property and particularly before renting it out to someone you’ve never met.I bought my investment property a little over a year ago and did a lot of remodeling before putting it on the rental market, using the same real estate agency to find renters that helped me purchase this townhouse.

In my opinion its not a matter of how sustainable Texas economic growth is (it will slow down at some point), its more of a question of how insulated is the state's economy from national and global market conditions and for Texas, the answer is very insulated relative to other places in the US.