Landrich Real Estate, Inc.

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Landrich Real Estate, Inc.'s blog

Pending Sales Reflect Market Recovery Post COVID-19 Impact

Mortgage applications are on the rise in South Florida and nationally and the Miami mega region continues to see additional homebuying interest from the Northeast. Nationally, mortgage applications to purchase a home rose 4% last week from the previous week and were a remarkable 21% higher than one year ago, according to the Mortgage Bankers Association’s seasonally adjusted index released June 17. That was the ninth consecutive week of gains and the highest volume in more than 11 years. 

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