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IPFS News Link • Arizona's Top News

Fast evictions adding to pain of Phoenix home foreclosures

03-07-2010 • fwix.com/phoenix/

Last month, about 940 homes were bought at Valley foreclosure auctions, five times the number sold at auction a year ago. And one reason more homes are going to auction is because lenders are dropping prices so they don't have to take homes back, evict homeowners and fix houses up to resell.

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Reported By Jack Gregson

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