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Local Realtors Weigh In On Corovavirus Impact on Housing Market

With the public's limited ability to get out during the coronavirus because of shelter from home orders, you would think the housing market would be among the portions of the economy that are being impacted negatively, but that would be incorrect.

 

Local realtors tell Regional Radio News the housing market has been busy. Nan Crang with ReMax Choice - the 217 Home Team, believes the market is being impacted by people at home looking at listings available and then acting on listings they like.

 

 

According to Ryan Utterback of Utterback Realty in Clinton, they are not taking walk-in visitors and are available in the office by appointment only. He says to help maintain proper social distancing, they are offering up video tours of homes among other precautions.

 

 

Thanks to the ability to apply for loans online, Utterback indicates they can a lot of things online however, closings can sometimes be tricky but those are still able to get done.

 

 

Like Utterback Real Estate, ReMax is giving their clients questionnaires to answer before they take the step of meeting for a showing. Crang attributes activity being higher than perhaps anticipated to interest rates being strong. 

 

 

Like many other aspects of everyday life, Crang is encouraging buyers and sellers to finance locally and shop locally.

 

You can reach Crang at 217-454-8683 or find her icon at dewittdailynews.com.

 

You can reach Utterback Real Estate in Clinton at 217-935-8182 or check out the Utterback Real Estate icon at dewittdailynews.com. 

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