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I bought a house in Arizona in 2021. Tempe, AZ across the street from ASU. $407k, 3% rate, 3 beds 2 baths on a quarter acre lot.

Hey everyone! I (32F) was born and raised in Phoenix and have also lived in Seattle in my 20's. I bought a house last year because I'm hoping to have a family in the next couple years. I was fortunate and sold my first place for $150k profit in peak 2022 so I have a lot in savings at this point. I am starting to feel nervous about my decision, not because I plan to sell anytime soon, but because of the water issues everyone is alway bringing up. I was looking for some support maybe from people in the same boat and how you're handling the worry that this might not be habbital longter. I really don't want to live anywhere else and love it here, nor do I want to take a massive loss if we are forced out. How are my fellow Arizonains coping with the worry? Is anyone preparing now for a potential water shortage here? If so, how?

submitted by /u/EggsBenedict_T
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source https://www.reddit.com/r/RealEstate/comments/xmr290/i_bought_a_house_in_arizona_in_2021_tempe_az/

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