Texas vs Florida. Which is a better market?

[Chai Jonn]

Which is a better market for buying as of today? Which one is better investment for long term? Please advice

[Lynn Bown]

That is the million dollar question and you will get a lot of different answers.  The truth is there is no de facto answer.  In my market I have some areas where you can go 5 blocks and the strategy changes dramatically.  It really about very specific criteria and developing niche patterns, not broad areas.  I would start out in your own area within 15 miles of your location and get stats on Sales, average days on market, average appreciation yearly recent, rental rates compared to sold prices, vacancy rates, move in or move out trends. then break it down by zip code and sections and you will find local patterns to target for your target areas.  The other problem is the stats change, I do new soil farming every 6 months to determine changes and recognize changes in my research.  
1. reasearch, research, Research your area
2. set your criteria, ROI limits, and geo specific areas
3. setup auto search systems or notifications
4. rinse and repeat : Goto to step one