Data or Die -- In This Market, It's All About The Numbers
Resale market data gives investment website a leg up on the competition and the market.
Las Vegas, NV (PRWEB) April 29, 2008 -- InvestmentRiches.com today announced the release of their 2.0 version of their popular real estate investing website. The 2.0 version integrates up-to-the-minute resale market data from the top markets around the country. This update comes in response to multiple successive quarters of nationwide negative housing data and shrinking home values.
Tim Miner, President of Investment Riches, says, "We recognize that for our investors to successfully capitalize on the current market, they must be armed with as must research as possible. Most markets represent a risky proposition for investors, but there are several that we have identified through our research that are poised to give investors an early opportunity for intermediate term growth."
This market data gives investors true resale numbers and charts current trends, providing a visual snapshot of a market. Data highlights include: Percentage of properties with price decrease/increase, percentage relisted, number of properties sold per week, percentage flipped, as well as the standard median list price, asking price per/sq.ft., and days on market.
These data points allow InvestmentRiches.com to illustrate vital market trends based by region or zip code, one key to unlocking where a market is headed. The site then hones in on the top markets and works with sellers and developers around the country to find top-notch real estate investing opportunities to present to their investors.
"Buying and flipping down the street isn't going to work anymore. There are always going to be solid, if not explosive growth areas. To find them, you have to look at the data and chart the trends. Our goal is to present those trends so our investors can react accordingly."
Mr. Miner concludes, "If you look at the numbers, this is shaping up to be one of the single best buying opportunity of our lifetimes."
About Investment Riches
Investment Riches is a full-service real estate investing company that provides economic market analysis, investment property selection, and portfolio management to real estate investors of all experience levels. The site offers its members detailed market data and information to identify the trends in emerging markets across the country, opportunities based on that data designed to maximize investment returns, and an online platform from which to search for and market investment real estate properties. Through their exclusive relationships within the field of real estate, InvestmentRiches.com continually pursues the latest trends, opportunities and news on each of the top investment markets across the country.
For more information, visit InvestmentRiches.com or call 1-877-925-1999.
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See the original story at: http://www.prweb.com/releases/2008/04/prweb894644.htm
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