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DataDigest: Water wars in the Southwest

Housing Wire

Concurrently, the Colorado River is also in the midst of one of the worst droughts seen in over 1,200 years, and Arizona, California and Nevada agreed last week to collectively conserve 3 million acre-feet of river water through 2026. The story is much the same in the Phoenix metro, which saw active home inventory fall 9.8%

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

Estimated opening is 2026. Buyers will likely snap up any home to be within walking distance of the new transportation hubs. The combination of buyers leaving the market, which brings down demand, and the slow but steady increase in new listings has beefed up inventory slightly month-to-month. Inventories improved fractionally.

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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. This year’s buying and selling campaign will be marked by increasing inventory (good!), Inventories for condos were little changed from month to month, standing at 0.6