Sales of Arizona state land surge in 2018, report says

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State land sales topped $330 million during 2018, a huge surge fueled by increased developer interest in Valley projects in moves that also help provide more money for state schools. Sales through the Arizona State Land Department easily surpassed the $44 million achieved during 2017 and represented about 10 percent of all Valley land sales, according to the Arizona Republic. Buyers have included everything from homebuilders, such as D.R. Horton, which spent $79 million on a 269-acre parcel in...

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