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08/16/09
Home builders resume work in once-abandoned developments
Filed under: General, Real Estate
Posted by: Lillian Wong @ 12:30 pm

When the housing market collapsed, several bankrupt builders left behind half-empty subdivisions throughout the Phoenix metro area.

But in recent months, lenders and land investors have been selling the vacant portions of those communities to other home builders, who are picking up where their failed competitors left off.  more…



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