The Texas economy has screeched to a halt, thanks to the coronavirus outbreak. However, there’s one area that has felt the impact, but not to the degree that other industries have. The real estate business hit the brakes later than others. Even in a pandemic, people are looking to move to North Texas.
Dr. Jim Gaines is the chief economist at the Real Estate Center at Texas A&M. He says the real estate market adjusts. Instead of in-person visits, realtors put together virtual tours so that clients can see houses on their computers.