Housing market first-timer? From contingency to foreclosure to housing market predictions, what you should know.

The U.S. housing market has gone from scorching to cooling within months as the momentum is also slowly shifting from a seller’s market to one more favorable to buyers.

But some might be unfamiliar with the most commonly used terms in the industry.

“The more you know before you jump into either buying or selling a house, the easier it will be,” said Kristina O’Donnell, a realtor with Realty One in the Philadelphia area.

Read the full article on USA Today


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