While these metro areas may experience a downturn, I imagine the rural areas where prices have exploded will suffer quite the fall. The report notes the trend often takes 2 years to be fully felt.
Falling Oil Prices Create Investment Opportunities in Real Estate.
Falling oil prices continue to have ripple effects throughout the economy. Trulia real estate company is reporting that indicators are showing the potential for falling real estate prices in metro areas like Mew Orleans, Ft. Worth, Oklahome City,TulsA, and Houston.
