17 Quotes by Alexis McGee

We teach our investor clients the fundamentals of successful foreclosure property investing, and show them how to create ethical win-win scenarios that benefit both the troubled homeowner and the investor. Our method enables the homeowner to conserve some equity for a new start, while assuring the investor of a reasonable profit on resale of the home. That's a much better solution than seeing the owner lose everything at auction.

As these markets cool down, we'll begin to see mortgage defaults increase in 2006.

Other Florida cities are showing similar price profiles, with the biggest inventory buildup on the state's West Coast. That buildup will lead to increased time on market and put more downward pressure on prices.

In Delaware, for example, severe job loss is expected as a result of Bank of America's acquisition of MBNA. That will put many households in financial distress.

I just think we are going to have a flattening of the appreciation curve. There are negative prognosticators speaking about the collapse of housing and I don't think that is true.

In Washington D.C., prices were flat over the last 30 days, but down 5.4 percent over the last 90 days.

A great many risky loans were issued in California as home prices reached the stratosphere. Interest only and option ARMs were used by many buyers to qualify for homes they could not otherwise afford. That means trouble in the near and intermediate future.

The median home price in Boston fell 4.5% over the last three months. In Washington D.C. prices were flat over the last 30 days, but down 5.4% over the last 90 days. Realtors outside Manhattan in New York City report a shift to a buyer's market.