ProfitFromRentals.com Research States Chicago is Nation's Number One Real Estate Investment Market
Supply and demand points to continued long-term appreciation
CHICAGO, Sept. 26, 2013 /PRNewswire/ -- ProfitFromRentals.com (PFR), one of Chicago's most respected real estate companies, has developed an analysis that ranks the top 20 housing markets in the nation.
The in-depth research, which compiles and analyzes information on several factors that influence the quality of investment housing markets, points to Chicago as being the number one market in the nation.
Most real estate investors look to price appreciation as a measure of a good market. This factor is largely driven by the degree to which demand exceeds supply. ProfitFromRentals.com uses a formula that also measures the ratio of job growth to home construction as a key indicator of market strength.
Out of the top 20 markets in the nation, the employment growth-to-permit ratio (E/P ratio) is the highest in Chicago.
Additionally, demand exceeds supply in Chicago, and job growth exceeds permit growth by a factor of seven.
The Chicago area also led the nation in July monthly home price gains in key indexes, posting a 3.2 percent increase in prices, according to the S&P/Case-Shiller home price index.
The Chicago Tribune reported that another piece of good news for the Chicago area came in a report on mortgage delinquencies and foreclosures, which showed those rates are at a low not seen in more than three years.
ProfitFromRentals.com is one of Chicago's leading development companies, and focuses on the acquisition, rehabilitation and resale of properties that offer value and significant upside potential for real estate investors.
"We are proud to be revitalizing neighborhoods in the fine city of Chicago," said Alex Al-Sabah, Managing Partner of ProfitFromRentals.com. "We are pleased to be providing jobs, developing higher quality housing, and creating income opportunities that can help investors become financially independent," he added. "There has never been a better time to invest in this city, and we look forward to continuing to be leader in Chicago real estate investment opportunities."
For more information on ProfitFromRentals.com, call (800)-341-0576, or visit: www.ProfitFromRentals.com.
About ProfitFromRentals.com
ProfitFromRentals.com (PFR) is a leading real estate company specializing in the revitalization and renewal of residential homes in and around Chicago's South Side.
Even the name of the company was selected because so many people profit (or benefit) from their services: The county gains profits from tax revenues on properties that otherwise would sit vacant; workers profit from new jobs; investors make profits; and renters benefit from getting much nicer quality homes to live in at the same price as normal (un-renovated) units.
The company is highly disciplined in their approach, and currently owns or manages over $23,000,000 of residential assets in South Chicago.
For more information on ProfitFromRentals.com, call (800)-341-0576, or visit: www.ProfitFromRentals.com.
Media inquiries, contact The Innovation Agency, at: hello (@) innovationagency.co
SOURCE ProfitFromRentals.com
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