Distressed Properties Sale Articles

New York University professor Nouriel Roubini, the economist who correctly predicted the housing slump and the credit crisis, has predicted another 20-percent decrease in home prices in 2009. Patrick Newport of forecasting company Global Insight predicted a fall of 15-percent, slightly lower than Roubini’s figure.

California Governor Arnold Schwarzenegger has released a package of proposals to revise mortgage laws to help Californians stay away from foreclosure and to revitalize the state’s economy.

The foreclosure crisis did not only result to bad things. If you look around, you might find quite a number of foreclosure brokers who are making a profit by taking advantage of the opportunities offered by these foreclosure homes.