CHK employees and their relatively high salaries have helped prop up the high end of CHK real estate. Now, area real estate will fall. When I left CHK it took 3 years to sell my house and just break even. So, if you have real estate, get it on the market as fast as you can. There will be a glut of higher end properties.
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Escapees from the coasts are driving it up faster than crashing oil is driving it down.
That being said - CHK dieing isn't good for OKC. Wish it had been managed better.
Sold mine in a week. Lay-off before last. Closed 10days ago. Got everything i ask for. In Texas already. Yes Virginia, there is life after Chesapeake..😊
Time to buy!
Most of chesapeakers live in ugly shacks that can be easily sold in the current market.
And I know this because I easily managed to sell my piece of s*** home in about a month.
Unless you are a virtuous manager or VP that owns a mansion, your shack will sell just fine, fear not.
Huh? Houses are selling very quickly.
Laughable!