Relevant:
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2011-04-08 — housingdoom.com
"It’s been tough for homebuilders to sell homes when there’s already so many homes on the market. It’s especially tough having so many foreclosures on the market driving prices down. National homebuilder Beazer has decided to try a pilot program in Phoenix to deal with some of these issues. They are purchasing foreclosures, renovating them and renting them out."
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