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Arizona

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BBVA reports bifurcated Sunbelt housing prices 

Aug 25, 2011By

The housing recovery in the Sunbelt, those southern-most states, is at levels ahead of the nation’s average, despite housing prices in the region going in two separate directions. According to the third quarter 2011 economic outlook report by BBVA, housing prices in the Sunbelt are showing a dual evolution. Nondistressed properties prices are exhibiting stability, but distressed prices are declining with growing intensity.