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Falling home prices and an overabundance of distressed properties are starting to ignite bidding wars in Arizona, as first-time buyers are vying against each other to snap up bargains in the lower tier of the housing market. Some data also suggest that there are would-be buyers who are losing...
His newly formed Greenwich, Conn.-based firm, HudsonCross Financial, is betting it can make a profit reselling in beaten-down markets in states like Nevada, Arizona and Florida and in Southern California because it is paying so little for the homes. ...
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