{"id":1894,"date":"2021-07-23T14:08:40","date_gmt":"2021-07-23T14:08:40","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=1894"},"modified":"2021-07-23T14:10:17","modified_gmt":"2021-07-23T14:10:17","slug":"pop-quiz-can-define-key-terms-todays-housing-market-infographic","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/pop-quiz-can-define-key-terms-todays-housing-market-infographic\/","title":{"rendered":"Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? [INFOGRAPHIC]"},"content":{"rendered":"<div id=\"attachment_1896\" style=\"width: 1056px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-1896\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1896\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/07\/kcm-infographic-1627048882.png\" alt=\"INFOGRAPHIC\" width=\"1046\" height=\"2781\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/07\/kcm-infographic-1627048882.png 1046w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/07\/kcm-infographic-1627048882-113x300.png 113w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/07\/kcm-infographic-1627048882-385x1024.png 385w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/07\/kcm-infographic-1627048882-768x2042.png 768w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/07\/kcm-infographic-1627048882-578x1536.png 578w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/07\/kcm-infographic-1627048882-770x2048.png 770w\" sizes=\"(max-width: 1046px) 100vw, 1046px\" \/><p id=\"caption-attachment-1896\" class=\"wp-caption-text\">Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? [INFOGRAPHIC]<\/p><\/div>\n<h3><strong>Some Highlights<\/strong><\/h3>\n<ul>\n<li>The language of buying and selling a home may sound scary at first, but knowing how key terms relate to\u00a0<a title=\"today\u2019s market\" href=\"https:\/\/www.mykcm.com\/2021\/07\/22\/todays-real-estate-market-explained-through-4-key-trends\/\">today\u2019s market<\/a>\u00a0can help you. For example, current low mortgage rates and higher wages positively impact\u00a0<a title=\"affordability\" href=\"https:\/\/www.nar.realtor\/research-and-statistics\/housing-statistics\/housing-affordability-index\" target=\"_blank\" rel=\"noopener noreferrer\">affordability<\/a>\u00a0for buyers, while home price appreciation continues to grow\u00a0<a title=\"home equity\" href=\"https:\/\/www.ftc.gov\/sites\/default\/files\/documents\/one-stops\/real-estate-competition\/realestateglossary.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">home equity<\/a>, which sellers can use to fuel a move up.<\/li>\n<li>Terms like\u00a0<a title=\"appraisal\" href=\"https:\/\/blog.firstam.com\/15-real-estate-terms-you-should-know\" target=\"_blank\" rel=\"noopener noreferrer\">appraisal<\/a>\u00a0(what lenders rely on to validate a home\u2019s value) and\u00a0<a title=\"contingencies\" href=\"https:\/\/magazine.realtor\/tool-kit\/rookie\/article\/2020\/02\/real-estate-glossary#!\" target=\"_blank\" rel=\"noopener noreferrer\">contingencies<\/a>\u00a0(which buyers can minimize to make their offer stand out) directly impact the transaction.<\/li>\n<li>You don\u2019t need to be\u00a0<a title=\"fluent\" href=\"https:\/\/www.mykcm.com\/2021\/06\/14\/the-right-expert-will-guide-you-through-this-unprecedented-market\/\">fluent<\/a>\u00a0in the language of the market to buy or sell. Instead, let\u2019s connect today so that we can translate the process together.<\/li>\n<\/ul>\n<p><strong>Contact us:<\/strong><br \/>\nPHP Houses<br \/>\n142 W Lakeview Ave<br \/>\nUnit 1030<br \/>\nLake Mary, FL 32746<br \/>\nPh:\u00a0<span id=\"gc-number-1\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 519-0719<\/span><br \/>\nFax:\u00a0<span id=\"gc-number-2\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 205-1951<\/span><br \/>\nemail:\u00a0info@phphouses.com<\/p>\n<p><strong>Let\u2019s Connect:<\/strong><br \/>\n<a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br \/>\n<a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-25403710\/\">Linkedin<\/a><br \/>\n<a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br \/>\n<a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><\/p>\n<h5><em>THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE OF ADVICE.<\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>The language of buying and selling a home may sound scary at first, but knowing how key terms relate to\u00a0today\u2019s market\u00a0can help you. <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/pop-quiz-can-define-key-terms-todays-housing-market-infographic\/\">Finish Reading<span> Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? [INFOGRAPHIC]<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[38,27,9,49,42,40,381,63,20,12,48,68,13,28,54,47,19,6,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1894"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=1894"}],"version-history":[{"count":2,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1894\/revisions"}],"predecessor-version":[{"id":1897,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/1894\/revisions\/1897"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=1894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=1894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=1894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}