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DataDigest: Water wars in the Southwest

Housing Wire

Arizona state officials announced last week that there is not enough groundwater for all of the construction that has already been approved in the Phoenix area. I’m waiting for someone to propose transporting water from Mars. Is this a glimpse of the future in the Southwest? Arizona alone agreed to forgo 1.8

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

A builder could also agree to install more bike storage or pay a fee-in-lieu to fund public parking and transportation infrastructure that serves the entire neighborhood. Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Estimated opening is 2026. Buyers will likely snap up any home to be within walking distance of the new transportation hubs. Amid increased demand for office leases in Bellevue, plans for more space are on the horizon.