The Real Estate Resuscitation Leans toward the Rich Man

The new recovery is different in the reality that it is primarily affecting those within higher end areas. This time around, the recovery is prejudiced and leaving everyone else in the dark whilst the wealthy are enjoying this new market uptick.

If we have a glance at the major city regions of the United States and their Real Estate markets, a peculiar pattern starts to emerge. We'll see that large hedge funds and overseas investors or buying up the entire prime Real Estate in those areas. The typical man and woman are still making every effort to pay their rent because they got kicked out of their house several years ago after being foreclosed on.

These large institutional investors and foreign nationals are the driving influence behind our market nowadays. These groups of investors are not intrigued by rejuvenating run down neighborhoods or remodeling homes. They want something in good areas, which will rent quickly to upper middle class or high end users. They're looking for a completely turn key solution to their investing demands where they 'd have to invest little to no effort getting the property up to par.

This leaves the locals stuck several years earlier when the market place was slowly moving along. At this point there is still little if any chance for any form of a recovery for John and Jane Doe, especially the folks living in the ghetto.

So here we are once again with a market that is being artificially inflated with speculators. Foreigners, hedge funds and banks are practically purchasing our country. The new American Dream belongs to the wealthy individuals and groups of people. Albeit this does create a new opportunity for those who are smart enough to see it.

What also appears to be taking place are owners in the ghetto inflating their asking prices to absurd amounts thinking that just because they have a piece of Real Estate in an urban area, that it makes them and their property a hot catch. In most instances, when they see that their depreciated piece of Real Estate in the combat zone won't sell for $200k and sits on the market for 3 years, they'll finally realize that regretfully, the marketplace's appreciation is not favoring their neighborhood.

I feel especially sorry for those who are dealing with foreclosure and are hoping to sell their property the old fashioned way- with a Realtor and are trying to get what they owe on their over leveraged house. The real tragedy there is that these individuals have no idea that there exist companies and folks that are actually willing to come in and negotiate a reduced mortgage on their behalf and consecutively buy their house.

The Pre-Foreclosure Struggle Continues

The media continues to hide the dire fact that people are still on the brink of homelessness. The middle class is being stripped from existence. There soon will only be two types of people in the world. The very poor and the very rich. Where I live in Miami, Fl, you can see hoards of rich people all over the eastern areas. Most of these individuals aren't even from America. They're foreigners on vacation. If you take away all of the tourists you'll see what Miami's population is really comprised of - the working class barely making it. The college student working full time without any real idea of how he or she will lead a normal life. The middle aged person wondering where it all went wrong.

This is all thanks to the enormous amount of inflation that has took place between the years of 1935 and 2014. If you go back to see what a dollar was worth in the year 2000 in compared to what its worth today you'd be amazed.

There is a reason why grocery portions are shrinking and a meagerly rising wage does not seem to purchase a better lifestyle. Its because the dollar's buying power is not keeping up with the cost of goods. The fix to these problems don't look good for anyone. The dollar has to be dropped as a world reserve currency and our economic system has to adopt a gold backed currency. The Fed won't allow that to happen any time soon. For those that are facing foreclosure, please contact me as soon as possible (786) 231 9362 in order to seek a solution to your situation. For everyone else, good luck.