There has been a lot of speculation on the state of the U.S. real estate market as of late. Buyers, sellers and realtors alike are wondering if we will see a return to the remarkable market that much of the nation enjoyed for the last few years. At this point it is unclear whether or not the market will see the same kind of dynamic action that it enjoyed previously. What is more reasonable to expect is that the market will stabilize and then begin a climb back to prominence. And while that may not be the same kind of prominence that we saw before it will be enough to bring a sense of stability back to a fluctuating market.

There are certain areas of the nation whose markets have stabilized and are recovering faster than others and Texas is one of them. In fact Texas has shown a nice appreciation in home values and in addition it seems to be bucking the trend of homes being sold for less than they are worth. With the slowdown that happened on a national scale we saw a lot of homes being sold for less than their value as a direct result of the market lull. Indeed many areas are showing a turn-around in this trend but few have been as dramatic as Texas where homes are now selling at full price. So, owners that chose to hold on to their properties during the cool down are realizing that now is a good time to sell as the market is once again in a state of growth and expansion in Texas.

One problem that has not quite disappeared quite yet is the sub-prime lending concern. This has lead to almost a record number of foreclosures in the U.S. One the flip side, this has also enabled many to purchase homes at lower than expected values. And while this may not bode well for the former owners it has benefited investors looking for good deals. Another point of hope is the fact that the Federal Reserve Board has not increased the borrowing interest rate for some time after a period where the rate was consistently increased . Leaving the prime lending rate as it is may be good indication that a drop ion the rate could be around the corner so keep your eyes peeled.