Wednesday, January 31, 2007

Palatine Real Estate Market Update

Palatine Illinois is currently in a buyers market. That means there are more sellers looking to sell then there are buyers looking for homes. During a market like this home prices remain flat or drop in value. So far home prices have stayed about even in Palatine over the last 12 months.

Sellers also have to deal with longer marketing times. To make sure your home sells it needs to be clean, in good repair, and staged. When selling you need to put on a show, that is you market the home in the way buyers want to see it...not the way you normally would live in it.