{"id":7578,"date":"2021-07-23T10:00:42","date_gmt":"2021-07-23T10:00:42","guid":{"rendered":"https:\/\/thezakariagroup.com\/pop-quiz-can-you-define-these-key-terms-in-todays-housing-market-infographic\/"},"modified":"2021-07-23T10:00:42","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:\/\/thezakariagroup.com\/pop-quiz-can-you-define-these-key-terms-in-todays-housing-market-infographic\/","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:\/\/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%;\" link_thumbnail=\"\" srcset=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135655\/20210723-KCM-Share-549x300.png 549w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135655\/20210723-KCM-Share.png 750w\" sizes=\"(max-width: 549px) 100vw, 549px\"><\/p>\n<p><a href=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135657\/20210723-MEM.png\"><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-44799\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135657\/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:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135657\/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=\"(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\/\">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\/\">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<\/div>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some Highlights 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 [&hellip;]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[99,100,103],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? [INFOGRAPHIC] - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/pop-quiz-can-you-define-these-key-terms-in-todays-housing-market-infographic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? [INFOGRAPHIC] - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"Some Highlights 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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thezakariagroup.com\/pop-quiz-can-you-define-these-key-terms-in-todays-housing-market-infographic\/\" \/>\n<meta property=\"og:site_name\" content=\"The Zakaria Group\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thezakariagroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-23T10:00:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/07\/22135655\/20210723-KCM-Share-549x300.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thezakariagroup.com\/pop-quiz-can-you-define-these-key-terms-in-todays-housing-market-infographic\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/pop-quiz-can-you-define-these-key-terms-in-todays-housing-market-infographic\/\"},\"author\":{\"name\":\"\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\"},\"headline\":\"Pop Quiz: Can You Define These Key Terms in Today\u2019s Housing Market? 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