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05/08/10
In foreclosure crisis, demand for family homes in Phoenix rises
Filed under: General, Real Estate
Posted by: Lillian Wong @ 5:20 pm

People looking for family-size houses to rent in Phoenix-area neighborhoods have far fewer choices.

Since September, the number of available rental homes in metropolitan Phoenix has dropped by 40 percent, and probably even more than that when it comes to three- to four-bedroom homes in desirable neighborhoods.

The sharp drop is another ripple effect of the foreclosure crisis.  more…


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