Greater Houston Convention and Visitors Bureau (Photographer: Jim Olive)
Among the handful of colleges located in Houston is Rice University, which ranks 17th on U.S. News's Best Colleges list for 2010. The median home price in Houston was $120,000 in the first quarter, which IHS Global Insight considers 37 percent undervalued.
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Even with home prices still falling at the national level, a number of markets are gearing up for a rebound.
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