Although interest rates are still keeping some buyers away, many have returned to the buyer pool.
Inventory is still low and declined 5% in January.
The expected market time (from time of listing to going under contract) plunged from 81 to 56 days in the past two weeks.
More buyer competition will slow the pressure on falling home prices.
*Note to sellers: Values are not going up right now; pricing your home correctly is crucial in order to take advantage of the eager buyer pool.
*Note to buyers: There's no bargains to be had at the moment; inventory is low and homes that are priced right for their location and condition will go quickly.
π Super Bowl Fast Facts
The event will bring in an estimated 1 billion in revenue to the greater Phoenix area.
Average home price in Glendale, AZ is $372,840.
This is the 5th Super Bowl for the Chiefs (2 wins); 4th for the Eagles (1 win)
12 franchises have never won a Super Bowl! See below.ππ»