Quotes by Alexis McGee

“While the economy is strengthening overall, problems persist in manufacturing, and many of these states are dependent on that sector.”

“Were seeing shrinking builder profit margins, and more and more incentives being offered to attract buyers. Thats an indication of a shift to a buyers market.”

“Were beginning to see price declines in most eastern markets in the fourth quarter of 2005.”

“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.”

“Were seeing reduced price appreciation in the Pacific Northwest, and Alaska although population growth and job growth there remain strong.”

“As these markets cool down, well begin to see mortgage defaults increase in 2006.”

“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. Thats a much better solution than seeing the owner lose everything at auction.”

“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 buyers market.”

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

“Our mission has always been to help investors create win-win scenarios that benefit both the troubled homeowner and the investor. The owner in distress saves some equity for a new start, and the investor realizes a profit on the resale of the home. Thats far better than having the owner lose everything in an auction on the courthouse steps.”