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You are here: Home / Coronavirus: La Grange Real Estate In ‘Holding Pattern’

Coronavirus: La Grange Real Estate In ‘Holding Pattern’

LA GRANGE, IL — Frank De Luca, broker owner of La Grange’s Green Acres Realty, said business has been “pretty slow” lately. His firm is requesting that people wear masks and gloves during showings. He said he hasn’t received any new listings in recent days. “People are putting a lot of things on hold. They’re in a holding pattern,” De Luca said. As far as the long-term effects on the economy, he said, “We’re way too new into it. The buyers may still be there, but they are concerned with their jobs now.” De Luca said he hadn’t done any showings lately. “A lot of the sellers don’t want people in their homes,” he said. In Elmhurst, real estate agent Karen Boyle said she has learned that if homebuyers are willing to look at houses now, they are serious, especially in light of the coronavirus. “If people are out looking, they want to buy,” she said. Boyle, an agent with Elmhurst’s The Schiller Team, said she has done four house showings in the last 10 days. That’s lower than usual, but an indication that the market is still moving, she said. Another sign, she said, is that one of her… Read full this story

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Coronavirus: La Grange Real Estate In 'Holding Pattern' have 308 words, post on patch.com at April 2, 2020. This is cached page on Vietnam Colors. If you want remove this page, please contact us.

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