All Forum Posts by: Carlton Ellis

It is interesting your wrote this and mentioned the decline of the dollar. I watch and trade the foreign exchange market in addtion to my interest in real estate. Yesterday the dollar hit it's highest valuation versus the Euro and several other major currencies in since July of 2009.

Foreign investors are attracted to U.S assets right now due the fact that the U.S economy is still one of the more stable economies in the world despite the issues of high unemployment high deficits and relatively slow economic growth. Real estate valuations right now in this country are in many cases at their lowest valuations in more than a decade. This includes commerical as well as residential real estate. Also despite of the hoopla from China and Russia the U.S. dollar is still recognized at the worlds reserve currency. When there are concerns about worldwide growth the dollar will appreciate.

Basically foreign investors have two ways to win by acquiring U.S. real estate. If the dollar appreciates versus their own currency they win. If they hold on to their assets long enough to see them appreciate in value they win.

I'm in the Lansing area and I'd like to Bird Dog for you. I sent you a p-mail. If you didn't receive it let me know.