houston is the best place for real estate investors to be. dallas was some time ago, but now those have gone up too. if anything, atleast houston has not gone down like other areas in the past decade. its stable. and houses r cheap. 2600 sq foot house 150K vs 1M in cali. its not worth investing in cal. plus houston ecnomy is booming and people r moving here. baby boomers from northern parts r coming here because its hot and cheap to retire. there should be some kind of appreciation in the cmoing years.
Atlanta area is also seeing lots of growth and building. Very affordable, just like Houston. I see people everyday with CA, NJ, and NY license plates.