Northern Illinois Palatine real estate market has been improving over the last year slightly but is slowing down over the last couple months as the market has in many areas. The median price for homes for sale in Palatine went up almost 10% but then have taken a dip over the last couple months. Buyers are being more conservative and expecting more while sellers are reluctant to lower their home prices in Palatine. The market time for homes for sale in Palatine has gone up over 10%. Prices don’t seem to be going up any time soon due to these figures.
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