Arizona’s water challenges are trickling down to the real estate market, as agents increasingly face questions about the issue from potential homebuyers.
In a recent presentation to Phoenix Realtors, Warren Tenney, executive director of the Arizona Municipal Water Users Association, called the prospect of a reduced Colorado River water supply a “paradigm shift.”
The state is expected to lose about 30% of its Colorado River allocation starting next year under the new two-year agreement from the U.S. Bureau of Reclamation…