MIAMI—The rising value of the US dollar has been the topic of plenty of discussion in investment circles. Some are seeing fewer international buyers, at least on the condo front. Others say there is still plenty of action.
Craig Studnicky, principal of International Sales Group, sees sales dropping but is optimistic. Some of his clients include Trump Ocean Club Panama, Related Group, Swerdlow Group, and Rockwell Capital. GlobeSt.com caught up with Studnicky to assess the state of foreign buyers in Miami.
GlobeSt.com: Even though the dollar has risen overseas, how do you know that the market is still very strong? What indicators are you witnessing?
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