Alexis McGee
Alexis McGee
flat last percent prices washington
In Washington D.C., prices were flat over the last 30 days, but down 5.4 percent over the last 90 days.
bank example expected financial households job loss result severe
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.
begin cool increase markets mortgage
As these markets cool down, we'll begin to see mortgage defaults increase in 2006.
auction benefit both clients conserve develop distress equity investor lose owner profit realize reasonable scenarios seeing sell train troubled
We also train our investor clients to develop win-win scenarios that benefit both the homeowner in distress and the investor. That way the troubled homeowner can sell their way out of foreclosure and conserve some equity for a new start, and the investor can realize a reasonable profit on resale of the home. That's much better than seeing the owner lose everything in an auction on the courthouse steps.
beginning declines eastern fourth markets price quarter
We're beginning to see price declines in most eastern markets in the fourth quarter of 2005.
alaska although appreciation growth job pacific population price reduced remain seeing
We're seeing reduced price appreciation in the Pacific Northwest, and Alaska although population growth and job growth there remain strong.
attract builder incentives indication offered profit seeing shift shrinking
We're seeing shrinking builder profit margins, and more and more incentives being offered to attract buyers. That's an indication of a shift to a buyers' market.