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U.S. Land Gets More Expensive

A year ago, Nate Nathan, an Arizona land broker, struggled in vain to sell several hundred home sites in Vistancia, a new-home community about 15 miles from downtown Phoenix. He listed the lots for $54,000 apiece, but no buyers would offer more than $45,000. All that changed over the past year.

http://on.wsj.com/12FAWSM