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Metropolitan Phoenix’s home-building market experienced a mini revival in June, signaling buyers aren’t only interested in the area’s bargain-priced foreclosure houses.

 

Last month, 1,183 single-family housing permits were issued Valley-wide, according to RL Brown’s latest “Phoenix Housing Market Letter.” That’s the highest level for home building in six months, and a 57 percent increase from May’s permits.  more…

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