The real estate market in Texas, notably in the Dallas-Forth Worth (DFW) area continues to show a good performance despite the drop in local home prices. Compared to other major cities in the U.S., the DFW housing market remains health, according to the experts. The residential real estate sector, in particular, is still attracting a lot of investors and potential residents.

Real estate analysts are still confident about the DFW market as they're seeing a bright future for this area compared to other metropolis nationwide. They're positive that no further home price decreases will be experienced by the northern part of Texas in the next two years.

In Dallas County, three areas are worth noting when it comes to residential real estate ? Irving, Coppell and Highland Park Estate.

Irving has a population of over 196,000 based on the 2006 U.S. Census Bureau. Although less popular than its neighbors, it has a great potential for development. The more than 5,000 businesses in existence in the city won't be here if not for Irving's favorable economic climate. Irving may not have gained much attention in the past years but is now trying to win the approval of tourists and possible immigrants. It shouldn't be long when the city will get publicity as it has a wealth of opportunities to offer its visitors and potential residents not only in terms of business but in recreation as well.

The housing market here is stable and in fact, it's a buyer's market today which should give a lot of opportunity for people wanting to invest in a good home. Most homes there have three bedrooms at 56 percent compared to those with four rooms at 19 percent.

Coppell is a city in the Dallas-Fort Worth Metroplex with a population of nearly 36,000 as of 2000. It is a popular area and homes here are quite cheaper. Homes can be bought from $200,000 to $300,000 in all areas. Most housing units were built in the 1990s and you can even get good deals in large homes.

The housing units there have grown by 96 percent from 1990 to 2000. A 2000 census revealed that there are now more than 12,500 homes, a big jump from the 1990 figure of 6,404. Majority of the houses are situated in urban areas.

Highland Park Estate is an upscale community in Dallas that ranks 41st among the richest cities in the U.S. Based on population, it is the 19th richest city among those having only more than 1,000 residents. The Worth Magazine has also ranked the city in 2001 as number 60 among the 250 Richest Towns.

The area's name is called as such as the original city plan required that at least 20 percent of the developed land be reserved for the creation of parks. Today, there are actually more than 25 parks in the community.

Highland Park offers a wide range of lovely homes. Single family homes there notably those in Cottage and Tudor styles can be bought from a high of $600,000 while the prices of condominiums and townhomes range from $200,000 to $1 million. The more luxurious homes especially those with swimming pools are even pricier.

Overall, the Dallas County offers homebuyers a wide choice of affordable and good homes. Depending on your financial capability, Irving, Coppell and Highland Park can be favorable area for personal and investment purposes.