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Housing comeback rescuing borrowers trapped underwater

Posted: January 20, 2013 at 1:59 a.m.

Maggie Medved was stuck with her Phoenix, Ariz., house for two years after the market crash wiped out the equity in the property. Last year, as prices in the area rose by the most in the nation, she and her partner were finally able to sell the three-bedroom, 1950’s style home and move to a larger place.

This story is only available from our archives.

Business, Pages 65 on 01/20/2013

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