Wednesday, November 25, 2020 12:34 am

Flag real estate market sees plump investments from Valley buyers

(INDEPENDENT NEWSMEDIA/ARIANNA GRAINEY)

By Melissa Rosequist | Paradise Valley Independent

One Realtor says a new trend appears to be emerging in northern Arizona, where Paradise Valley and Scottsdale residents are purchasing second homes in-state as the Valley’s real estate market continues to boom.

While word coming from Flagstaff is that many Valley purchases are sucking up the housing inventory, Scottsdale and Paradise Valley Realtors are not singing the same tune — Arizona in general is booming in real estate, they say.

About two hours north of Phoenix lies Arizona’s winter gem: Flagstaff. A popular getaway for Phoenix families to escape the scorching summer heat or to get a taste of a snowy wonderland, Flagstaff is a beloved respite for Arizonans.

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