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Tag: mortgage rates

Solid Third Quarter for Florida Housing Market Despite Pandemic

“On the heels of a weak spring buying season brought about by the COVID-19 pandemic, closed sales of existing homes surged throughout the U.S. in the third quarter of 2020, and Florida was no exception,” O’Connor said. “And while the release of pent-up demand from spring certainly played a major role in this resurgence, it’s likely that the most important driving factor has been the record-low mortgage rates we’ve been experiencing.”
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