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03/14/10
Northeast areas hit hard in 2009
Filed under: General, Real Estate
Posted by: Lillian Wong @ 3:04 pm

Things got worse in 2009 for homeowners and sellers in northeast Phoenix.

Until last year, the northeastern ZIP codes that cover the area between the Phoenix Mountain Preserve and Pinnacle Peak Road were holding up to the economic recession reasonably well.

Yes, home values were declining and foreclosures were increasing in 2008 and even 2007.

But not at the rate they were doing so last year.  more…



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