Thursday, May 29, 2008

Will Global Warming impact property values in the Southwest?

I have been hear more conversations in the media regarding the impact of global warming on property values. I just saw a story in Florida about owner that are concerned about their beach front properties being less desirable because of hurricanes and rising sea levels. A similar conversation has started in the Southwest in some of the most arid areas such as Arizona, Nevada and parts of California. Hot summers now would be unbearable if it were another 5 degrees warmer. I can't imagine anyone wanting to move to Phoenix with temperatures a constant 120 degrees in the summer. What do you think?

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