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The 1988 Arizona Real Estate Bust Pales in Comparison to Todays Market Crash

2-09-09 • AZcentral.com

During the last real-estate collapse, housing prices dipped less than 5 percent. So far Valley home prices have fallen almost 40 percent from the high reached in mid-2006.

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The 1988 Arizona Real Estate Bust Pales in Comparison to Todays Market Crash

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