CHICAGO, Jan. 9, 2014 /PRNewswire/ -- ProfitFromRentals.com (PFR), one of Chicago's most respected real estate companies specializing in development and rentals on the city's south side, announced that they anticipate significant growth in the Chicago home real estate market in 2014.
According to a study at the University of Illinois and presented to the Illinois Board of Realtors, home prices in Illinois and Chicago in particular will see strong gains this year.
"By October 2014, the median price of homes is forecast to be 7.34% higher in Chicago than in October 2013," the report stated.
"This is an excellent time to be investing in Chicago real estate," said Justin Ericsson, Co-Founder and Managing Partner of ProfitFromRentals.com. "Not only are market prices forecast to grow, but we specialize in finding undervalued properties, and then making intelligent improvements to create homes that have significantly improved resale values."
ProfitFromRentals.com is uniquely qualified to locate, acquire and renovate, and manage income producing investment property in the Chicago area. The company has several specialized divisions, including real estate, construction, financing, and property management.
As of the city's leading comprehensive full-scope service providers, the company is able to provide exceptional value to their partners, investors, and renters.
To find out more about ProfitFromRentals.com or obtain information regarding their wide selection of turnkey property investment opportunities, call (800) 341-0576, or visit: www.ProfitFromRentals.com.
To read the Housing Price Forecast 2014, developed by the Regional Economics Applications Laboratory, Institute of Government and Public Affairs, at the University of Illinois, visit: http://www.illinoisrealtor.org/sites/illinoisrealtor.org/files/Market%20Stats/Forecast-Annual2014.pdf
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.
The company is proud that so many people profit and benefit from their services: The county gains tax revenues on properties that otherwise would sit vacant; workers benefit from well-paying construction jobs; investors earn positive cash flows and make sizable profits; and renters benefit from living in high quality homes at the same price as 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.
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- Real Estate