COVID-19 and North Texas Residential Real Estate


COVID-19 and North Texas Residential Real Estate

 

North Texas is home. Through wars, recessions, natural disasters and other challenges, our great region has not only survived, it has thrived.

 

North Texas is being tested again, this time by a virus that many of us, only weeks ago, had never even heard of. At the Ebby Halliday Companies we are concerned first and foremost with the health and well-being of our clients, sales associates and employees. Naturally, we are also concerned with the virus’ impact on our local economy; and specifically, the North Texas residential real estate market.

 

What will happen to the local real estate market in the wake of the coronavirus (COVID-19) pandemic? No one knows the exact answer to this question, but an optimism runs through the veins of North Texans that is infectious in its own way.

 

This is why so many choose to call our region home – in fact, almost 400 new residents join us each day. After the COVID-19 pandemic subsides, even more people will seek our highly desirable lifestyle of an ideal location in the Central U.S., a moderate climate, world-class amenities and affordable housing, thus sustaining and driving our local economy.

 

With the arrival of COVID-19 in the North Texas region and with Shelter-In-Place Orders now active in most surrounding counties, real estate services have been deemed an essential service and we take that responsibility seriously.

 

There is no question that this latest challenge to our region will leave its own indelible mark. Selling a home will take a bit more patience as we all navigate uncharted waters, but keeping your property on the market is vital as buyers turn more often than ever to online shopping. Virtual tours, photography and videos will offer a competitive edge for sellers.

 

If you would like to discuss selling your home or purchasing a North Texas home, please contact an Ebby Halliday Realtors agent today.

 

As with each Ebby Halliday Companies real estate brand, our Core Services brands, which include Prosperity Mortgage, Home Team Insurance and Texas Premier Title, utilize the latest technologies. They are able to fully serve your mortgage, insurance and title needs online, over the phone and through mobile service.

 

As we mark 75 years of conducting business in North Texas in 2020, we are reminded of the challenges this great company has seen and survived. In many of those moments, the future was unclear, but our company steadied its course, did what was necessary and came out stronger on the other side. It would be our honor to share our knowledge and experience with you.