Chicago, IL (PRWEB) December 06, 2013
PropertyRecord.com has completed their annual year-end real estate value report and predicts that real estate prices should continue to trend upward in 2014, the company said yesterday.
“All of the data we have studied have been positive enough that we are very bullish on the real estate market right now,” a PropertyRecord.com spokesman said. “By every indicator, we can find the real estate market has finally recovered from the 2008 bubble. We believe that now is the time for people to invest in real estate.”
PropertyRecord.com says their own data matches that found in other sources including the S&P Case-Shiller Index, which showed that in 2013, real estate prices made the most gains since 2006.
“Many people come to our site because they are interested in investing in real estate,” he said. “While we don't have a crystal ball, we strongly believe that real estate may be one of the strongest investment opportunities available now. Prices are still low, but should go up considerably for at least the next 12 months.”
Factors in the PropertyRecord.com study included low stable interest rates, more demand for real estate, and less available supply, he said.
“For the past five years, new home building has been at a low ebb,” he said. “Now that demand is up, the lack of home building has left fewer properties on the market. That in and of itself indicates a potential price rise. When you factor in the fact that mortgage rates remain at near-historic lows, it just makes sense that real estate values will go up.”
Customer service website PropertyRecord.com was created to serve the needs of public records clients across North America. With thousands of requests processed each day, PropertyRecord.com continues to grow as a reputable customer service resource. Visit PropertyRecord.com to chat with a live representative, call 1-855-482-6221, or email manager(at)PropertyRecord(dot)com with any questions or concerns.