
How far is it to the nearest H-E-B?
In second quarter 2020, deals for Texas rural land began to dry up. Broker telephones quit ringing. However, the third quarter brought a dramatic change. The pace picked up even more in the fourth quarter. The buyers’ stampede to Texas rural land was underway. Preliminary reports for first quar
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Can Opendoor cash in on Texas?
A blank-check company led by billionaire Chamath Palihapitiya has inked a deal to merge with Opendoor, one of the largest iBuyer players in the market. The deal issued a huge vote of confidence—as well as much-needed cash—in the company despite the current economic turmoil. Palihapitiya alre
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Texas-Mexico border traffic slows to a halt during travel restrictions
International travel is just one of the many aspects of Texas’ border economy that has been hard-hit by COVID-19. The U.S., Mexico, and Canada agreed to limit all non-essential travel across borders beginning March 21, 2020. Table 1 includes certain non-essential and essential activities. These
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Texas small businesses weathering COVID-19 better than other large states
Compared with other large-population states, Texas appears to have been less impacted by COVID-19’s devastating economic effects, but that is not saying much. According to a recent Census Bureau Small Business Pulse Survey, almost half of Texas small business respondents said the pandemic has h
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