Most of our customers today are looking to buy homes as an investment they can rent out to make a steady income. Our new records reflect that changing demographic.
San Diego, CA (PRWEB) June 24, 2013
PropertyOwner.us.org is changing their public records real estate reports to make them more useful for real estate investors, the company said yesterday.
“For most of our existence, we've focused on first time home buyers who want to use the property as a residence,” a PropertyOwner.us.org spokesman said. “But we've realized that's changed. Most of our customers today are looking to buy homes as an investment they can rent out to make a steady income. Our new records reflect that changing demographic.”
The PropertyOwner.us.org spokesman said the change in customer base is related to the way the economy is currently evolving.
“For years, real estate was not looked at as a good investment,” he said. “But now that the Dow is down and real estate prices are rising, that's where the money is going. People need to invest somewhere. PropertyOwner.us.org needs to adapt to the new economic model.”
The new reports will focus more on current rental prices in the neighborhood than on the overall value of the property, the PropertyOwner.us.org spokesman said.
“Residential home buyers are interested in things like the local school system,” he said. “But investors simply want to know how much they can potentially make as a landlord. It's really two different demographics that need access to different types of information.”
The new reports are available now, the PropertyOwner.us.org spokesman said.
PropertyOwner.us.org allows consumers to look up the value of any home or property in North America. View public records such as code violations, home inspections, previous owners, current market value and more. Get more information about a current residence or a property you are interested in purchasing with this extensive property database. Visit PropertyOwner.us.org to chat with a live representative, call 1-866-577-5365, or email Manager(at)PropertyOwner(dot)us(dot)org with any questions or concerns.