# Of Days on Market, how to value your home, 2014 real estate guide

 

How much is my home really worth?

Real Estate Tip:
 

The average number of days on market required to sell a home gives you a good indication of the strength of that local real estate market--a higher average number of days on market usually suggests a weaker market, a lower average number of days on market implies a stronger local real estate market.

Real Estate Insights:
 

Real Estate in 2014: A Need-to-Know Guide [View Article]: Although mortgage rates remain at historic lows, lending standards for home buyers remain stringent.  New regulations intended to prevent risky mortgages from entering the market will keep underwriting standards strict.  With average FICO credit scores for conventional loans well above 700, establishing and maintaining good personal credit has never been more vital to obtaining a mortgage loan.