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08/12/07
Foreclosures soar on outskirts
Filed under: General, Real Estate
Posted by: Lillian Wong @ 2:28 pm

Home buyers have long flocked to metropolitan Phoenix’s farthest flung suburbs to get the most house for their buck. In the housing market, it’s known as “drive until you qualify” - the farther out you go, the less expensive the homes. But where affordability and steady appreciation once enticed many to the Valley’s edges, foreclosures are now forcing them out.   More…

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