{"id":7152,"date":"2021-07-23T06:00:42","date_gmt":"2021-07-23T10:00:42","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=7152"},"modified":"2021-07-23T06:00:42","modified_gmt":"2021-07-23T10:00:42","slug":"pop-quiz-can-you-define-these-key-terms-in-todays-housing-market-infographic","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=7152","title":{"rendered":"Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? [INFOGRAPHIC]"},"content":{"rendered":"<div>\n<p><img decoding=\"async\" width=\"358\" src=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2021\/07\/20210723-KCM-Share-549x300-1.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? [INFOGRAPHIC] | Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" srcset=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2021\/07\/20210723-KCM-Share-549x300-1.png 549w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135655\/20210723-KCM-Share.png 750w\" sizes=\"auto, (max-width: 549px) 100vw, 549px\"><\/p>\n<p><a href=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2021\/07\/20210723-MEM.png\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-44799\" src=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2021\/07\/20210723-MEM.png\" alt=\"Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? [INFOGRAPHIC] | Simplifying The Market\" width=\"650\" height=\"1648\" srcset=\"https:\/\/blog.sfloridaluxuryhomes.com\/wp-content\/uploads\/2021\/07\/20210723-MEM.png 1300w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135657\/20210723-MEM-118x300.png 118w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135657\/20210723-MEM-404x1024.png 404w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135657\/20210723-MEM-606x1536.png 606w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135657\/20210723-MEM-808x2048.png 808w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\"><\/a><span id=\"more-44797\"><\/span><\/p>\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 <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/07\/22\/todays-real-estate-market-explained-through-4-key-trends\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\">today\u2019s market<\/a> can help you. For example, current low mortgage rates and higher wages positively impact <a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/housing-statistics\/housing-affordability-index\">affordability<\/a> for buyers, while home price appreciation continues to grow <a href=\"https:\/\/www.ftc.gov\/sites\/default\/files\/documents\/one-stops\/real-estate-competition\/realestateglossary.pdf\">home equity<\/a>, which sellers can use to fuel a move up.<\/li>\n<li>Terms like <a href=\"https:\/\/blog.firstam.com\/15-real-estate-terms-you-should-know\">appraisal<\/a> (what lenders rely on to validate a home\u2019s value) and <a href=\"https:\/\/magazine.realtor\/tool-kit\/rookie\/article\/2020\/02\/real-estate-glossary#!\">contingencies<\/a> (which buyers can minimize to make their offer stand out) directly impact the transaction.<\/li>\n<li>You don\u2019t need to be <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/06\/14\/the-right-expert-will-guide-you-through-this-unprecedented-market\/?a=616460-ab6caa3a6a8f085fc17c865a33a506b4\">fluent<\/a> in 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>Content previously posted on Keeping Current Matters<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"358\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135655\/20210723-KCM-Share-549x300.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? [INFOGRAPHIC] | Simplifying The Market\" loading=\"lazy\" style=\"display: block;margin-bottom: 5px;clear:both;max-width: 100%\"><\/p>\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 today\u2019s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which sellers can use to fuel a move up.<\/li>\n<li>Terms like appraisal (what lenders rely on to validate a home\u2019s value) and contingencies (which buyers can minimize to make their offer stand out) directly impact the transaction.<\/li>\n<li>You don\u2019t need to be fluent in 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<\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","footnotes":""},"categories":[3,84,85,87],"tags":[],"class_list":["post-7152","post","type-post","status-publish","format-standard","hentry","category-blog","category-for-buyers","category-for-sellers","category-infographics"],"_links":{"self":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/7152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7152"}],"version-history":[{"count":0,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/7152\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}