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Real estate agents in Sedona are hoping the housing market turns around soon, as more and more people are seeing their homes go into foreclosure.
In 2009, of the 187 home sales, 73 were in foreclosure, according to reports from the Sedona Verde Valley Association of Realtors.
Carolyn Huggins, a real estate agent for well over a decade, said the 39 percent foreclosure rate is the worst she has seen in her career.
She said the market is definitely favorable for buyers.
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