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Commercial foreclosure sales and leases are up in some areas of Washington. Office buildings that were built during the peak of the foreclosure crisis have found new tenants and buyers.

The many real estate owned properties in the market are dragging home prices down. It is also a factor in the fewer building permits issued last January.

Land foreclosures for sale and foreclosed residential properties continue to edge out new homes. The drop in nationwide housing starts was heavily felt in Utah.

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