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09/22/07
Experts: Arizona recovery years off
Filed under: General, Real Estate
Posted by: Lillian Wong @ 11:02 pm

It could take three to five years before the Arizona economy fully recovers from the current housing crunch, Valley economist and real-estate investor Elliott Pollack said Thursday. “How do I define a full recovery?” he asked a packed ballroom at the Arizona Biltmore Resort & Spa. “Supply and demand is back to normal. We’ve absorbed that excess supply (of housing stock).”  More…

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