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Phoenix boomerang buyers revisiting home ownership

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boomerang buyersBy Sloane Kingston | KTAR

Boomerang buyers are swinging back into the housing market.

A study from the National Association of Realtors shows many of those buyers who lost their homes during the housing crisis have restored their credit and are ready to become homeowners again.

Phoenix, one of a number of cities hit hard by the market meltdown several years ago, is now seeing an increase in return buyers.

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