Do you want content like this delivered to your inbox?
Share

Pop Quiz: Can You Define These Key Terms in Today’s Housing Market?

Share

Pop Quiz: Can You Define These Key Terms in Today’s Housing Market?

Phil Slocum

I have had the privilege of helping thousands of our clients throughout Rhode Island, Massachusetts and Connecticut as both Buyers and Sellers with al...

I have had the privilege of helping thousands of our clients throughout Rhode Island, Massachusetts and Connecticut as both Buyers and Sellers with al...

Jul 25 1 minutes read


Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

  • The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s 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.

  • Terms like appraisal (what lenders rely on to validate a home’s value) and contingencies (which buyers can minimize to make their offer stand out) directly impact the transaction.

  • You don’t need to be fluent in the language of the market to buy or sell. Instead, connect with Slocum Real Estate and Insurance so we can help you translate the process.


Source: KCM


Selling Your Home? 

Get your home's value - our custom reports include accurate and up to date information.

Get Home Value
We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info