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Why Does Arizona Still Have High Foreclosure Rates?

By Steve Goldstein
Published: Friday, June 19, 2015 - 4:14pm
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Arizona was one of the states, along with Nevada and Florida, hit especially hard in the real estate market during the depths of the great recession.

But signs have indicated a return to normalcy in the housing market over the past few years. So why is Arizona still among the handful of states with a high number of foreclosures?

We asked Realtor John Wake of

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