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Video: House flippers becoming essential part of market recovery

California is the largest housing market in the nation and saw some of the deepest declines during the housing bust. But as Ben Tracy reports, one Los Angeles neighborhood is seeing something not seen since the days of the housing boom: bidding wars and house flippers.

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Found more than 1 month ago on channel CBS

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Video: Budget pressures squeezing L.A. schools

State budget pressures are forcing the Los Angeles Unified School District to have the smallest summer school program its ever had. And, as Ben Tracy reports, billions more in cuts could be on the way.

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Found more than 1 month ago on channel CBS