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08/26/07
Number of people losing homes rising
Filed under: General, Real Estate
Posted by: Lillian Wong @ 12:23 pm

The number of people losing homes in metropolitan Phoenix climbed again in July, and market-watchers are concerned that foreclosures haven’t peaked yet. Last month, 806 homes were foreclosed on Valley-wide. That’s at least a five-year high, according to the Phoenix-based real-estate research firm Information Market. July’s rate is the highest since January 2002, when 566 homes were foreclosed on.  More…

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