Water and Development
Builders in Arizona are adapting to the critical importance of water by acquiring larger land parcels with long-term assured supplies. This shift is particularly evident among private builders, who are more aggressive in the land market compared to their public counterparts. With Arizona's stringent groundwater management laws, developers are planning for the future, ensuring a sustainable supply for decades. The rise of build-for-rent products is also reshaping the Phoenix market, highlighting a significant trend in real estate development.In this clip
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Odd Lots
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