The inventory of homes has many Short Sales and Foreclosures, which has been putting pressure on home prices. Detached property levels have declined. The condo market continues in general to display a slower recovery with financing issues creating a larger drag on that segment with what appears to be more stringent requirements. And the increase in rentals is not making financing any easier as some developments exceed owner/renter criteria. Rates are at a low and the banks are tightening their mortgage qualifications. This is a great time for buyers with more inventory to choose from. Want a Market Snapshot of your neighborhood? http://www.homeinsight.com/Widget/default.asp?ZZQWAJ7F40EP
ZIP Codes: 60067, 60074, 60095 Location Characteristics: Located just 28 miles from Chicago's Loop and 14 miles from O'Hare International Airport, Palatine puts metropolitan cultural and business advantages within easy reach, while providing an away-from-it-all home town feeling for its residents.
A pleasant mix of residential, commercial, light industrial and office space, surrounded by parks and open space, provide Palatine with a solid tax base and a tranquil atmosphere.
Recreation and leisure activities abound in Palatine. Civic, religious and community groups of nearly every description welcome new and old residents alike. Dozens of homeowners associations foster a sense of old fashioned neighborliness. Award winning schools are a source of tremendous pride in Palatine.
Who lives in Palatine? Here's a quick look:
2000 population 65,479 2000 median age 34.3 years 2000 number of households 25,518
Palatine's home town merchants take pride in treating their customers to home town service and attention. And why not? The shop owner may well be your neighbor, or the parent of one of your child's friends. Many shopkeepers have family roots in Palatine that go back five generations or more.
It is all of these things and more that make Palatine a real home town
About Dennis Toomey:
Over 35 years of Sales, Marketing & Contract Negotiation Experience
Licensed Illinois Real Estate Broker
ABR - Accredited Buyer's Representative of the Real Estate Buyer's Agent Council
CDPE - Certified Distressed Property Expert® is a real estate professional with specific understanding of the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners.
GRI - Graduate Realtor Institute designee of the National Association of Realtors REALTORS® with the GRI designation are highly trained in many areas of real estate to better serve and protect their clients.
CRP - Certified Relocation Professional It is awarded only to those individuals who have demonstrated knowledge and expertise in all aspects of corporate relocation.
CRS - Certified Residential Specialist - The Top 4 Percent Less than 4 percent of all licensed Realtors® are Certified Residential Specialists.
e-PRO Internet Professional e-PRO is the only NAR approved Internet Certification Program.
SFR - Short Sales and Foreclosure Resource Certification
RE/MAX Hall of Fame
100% satisfaction GUARANTEED to all clients, whether Buyer or Seller
Fast, friendly & easy to work with
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
