Miami Mayor Francis Suarez and ISG World CEO Craig Studnicky sit down to discuss South Florida's red-hot real estate market and economic growth over the last year.
Miami Mayor Francis Suarez and ISG World CEO Craig Studnicky tell Fox News Digital that South Florida has seen ‘unprecedented’ economic and real estate growth.to vacation, as opposed to a place to live, the city’s sprawling economy and mayor’s contemporary leadership has now put South Florida on the map as a global family and financial hotspot.
"We want to be, what I call, the essential aggregation point for capital and the central deployment point for capital in the world. That is my vision, and I think that's what's going to create the most amount of prosperity for the most amount of Miami, as we call it, ‘Miami for everyone,’" Suarez said. "We want to make sure that everyone in our city benefits.
According to ISG World’s 2023 research analysis, the number of total active listings for single-family homes and condos in all three counties decreased 24% from Q4 2022 to Q1 2023, indicating that properties are quickly getting scooped up.
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