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IPFS News Link • Housing

Phoenix: April Home Sales Reach Boom Time Levels

05-01-2009 • HousingDoom.com

Higher end properties are going to have to drop their prices significantly to adjust to this market. That will tend to put downward pressure on all prices. High speculator participation and a cooling economy are also risk factors for the market.

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Reported By Jack Gregson

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Phoenix: April Home Sales Reach Boom Time Levels

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