The Rice University neighborhood in Houston is home to a well regarded academic community, traditional buildings, and newer homes. Just steps away from the Zoo and Herman park, the neighborhood is a great home for faculty and students of Rice University, and employees of Texas Medical Center.

The area near the Houston Galleria is an upscale community with many choices in luxury homes. It’s a prime spot for building. Located in Houston’s Uptown district, the Galleria area is home to many fine restaurants and shops, as well as nearly a quarter of Houston’s Class A office space.
Houston’s uptown condos are in a great area for combining living and working.

According to Trulia, the percentage of Houston condos with price reductions is 17 percent. This compares with 31 percent for single family homes. While the news is not encouraging, it certainly does not indicate a price dive for Houston condos.

Houston is a city that holds its value, since it is growing and job opportunities are growing with it.