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Fla.’s April Housing Market Strong, Reflects 2020 COVID-19 Impact

Florida Realtors’ data: April had more closed sales, more new pending sales and higher median prices (up 22.4% for single-family homes, 19.6% for condos) than a year ago. Pres. Lambert says, “keep in mind the comparison data comes from April 2020 when Fla. was experiencing the full impact of the pandemic.” #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions
 
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