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The list of Wells Fargo and other bank foreclosed properties has expanded into Arizona's rural areas. Analysts stated that this poses a different type of crisis altogether.
The housing crisis has started to encroach on rural areas in Arizona, with foreclosed properties, including those under list of Wells Fargo and other bank foreclosures, rising in numbers in several towns and smaller locales. According to housing market analysts, the rural foreclosure problem requires a different approach compared with metropolitan area foreclosures.
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