Phoenix housing market quiets down for end of year | ASU News.
It’s not necessarily all true that “as the Phoenix market goes, so goes Flagstaff,” but there is enough truth in it to keep our hands on the pulse of the Phoenix market.
The busy real estate season in Phoenix tends to run in the winter, starting with October while, in Flagstaff, the busier season begins in April and winds down in October. The basic economic factors impacting Phoenix often have a softer impact in Flagstaff (our rate of foreclosures and home price drop during the recession stayed lower than Phoenix, for example).