Phoenix, Arizona homebuilders are fighting a housing shortage and a historic 💦 drought!

CNBC’s Diana Olick reports on the rapid housing development in the Southwest, and the concerns over whether there will actually be enough water to support an influx of new residents.

Running Dry: Rio Verde families to lose water access at the end of the year

My Take:

As a Realtor and resident, I will admit this is concerning. I hope the people in charge of Arizona are doing more to figure out this issue than telling residents…

Stop using excessive water or water will melt down from the high country is not a game plan.


We need to figure out a proven strategy that shows proven results. Just look at the hoover dam reservoir, the water levels are so low it’s scary. I am going to be cautiously optimistic but if it were me in charge, I would be tackling this issue now.

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