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Downturn in Housing Market May Cause Cracks in Stucco

Posted by Dave Smith
September 1, 2008
Left in a Lurch

Front page of the Sunday edition of the “Arizona Daily Star” August 31, 2008 lead story was “Buyers, investors left in lurch as builder fails.
The builder in question is Michael F. Teufel, the company is/was Pathways Developments.  The article states:
While Teufel blames the downturn in the housing market others blame him.”
As the article progresses it [...]