ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Foreclosure Inventory

Updated on October 15, 2013

Retire On Income

People looking to jump into the real estate market are hoping to create a viable portfolio that causes their initial retirement nest egg to grow. Soon-to-be-retirees will be shocked to discover that the foreclosure market is extremely very small right now. Available foreclosure properties are down by over 34% from 2012 and the number of overall transactions has dwindlied to an low, not seen since 2008..

For most people in the workplace, the ultimate goal is to retire on income generated from social security benefits, 401k, mutual funds and investments. The dollar isn't stretching as far as it once did and a lot of middle aged employees are concerned about their retirement and how they will be able to survive in their twilight years.

Houses Are Scarce

Seriously delinquent mortgages have hit their lowest level, since 2008 and the availability of foreclosure properties is drastically reduced, as a result. Banks have created excruciating requirements on even the smallest loan. Pointing the finger directly at the government, things such as "government regulation" and "federal restrictions" are being ballyhooed for sympathy votes.

The problem with this strategy is that while they prevent hard-working Americans from purchasing modest homes, the CEO's are busy enjoying spa retreats and highly funded entertainment budgets. These banks are profiting off of the backs of honest, hard working people, just trying to forge a path and not be reliant on government assistance when it's time to settle down.

Where is the outrage and why isn't the government doing something to prevent this from happening? It's hard to imagine that the government is so out of touch with America and their needs. There's plenty of finger pointing and blame to go around, but that really isn't productive. What can be done now, to fix the problem and get America back towards productivity and employment?

Taking Control Of Your Future

One way that Americans can take more control of their future is by investing their 401 K into cash flow properties. Diversifying one's portfolio is a smart strategy that can prevent major losses. For example, taking all of your money and plugging it into the stock market, sounds like a smart move, but we all know that Wall Street is very unstable and can change quickly. If you don't have the time to keep track of every company's quarterly reports or watch the stock ticker, you could lose that money in a matter of days.

Is real estate the answer? That depends on the amount of risk you want to take. Investing your money is all about comfort level and modest gains. Few things in life are understood - we all need fresh water and food to live, we all need a roof over our heads and we're all going to pass away. Investing in shelter is not a horrible idea and if you followed even a few of the steps in this free e-book about real estate investing, you would be able to generate a profit and have your money working for you instead of being consumed and leaving you with nothing.

401K vs. Rental Homes

Comments

    0 of 8192 characters used
    Post Comment

    • boutiqueshops profile image

      Sylvia 

      4 years ago from Corpus Christi, Texas

      I've always been curious about buying foreclosures. You've given me some food for thought!

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)