Investing in Houston while oil prices fall?

[Emily Powell]

As someone who has contemplated investing in Texas for quite some time, I have finally decided to take the plunge and make a SFH purchase (about to sign a contract). And, of course, my decision coincides with the current fall in oil prices. To those who have weathered these storms before or who have more intimate knowledge of the market than I, would you recommend purchasing in Houston at this time or holding off? Going for long term buy and hold. Thanks in advance for your guidance.