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Foreclosures Undercut Builders

By Kevin Spak,  Newser Staff

Posted Mar 11, 2009 11:00 AM CDT

(Newser) – Foreclosures and other vacant homes make this a tough time to be a builder, the Wall Street Journal reports. Consider Pulte Homes, which is selling a new, four-bedroom home in Las Vegas for $214,990—while a short sale nearby offers a similar Pulte-built home...   Read full story »

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