January 15, 2019
From Rent Hikes in Queens to Belize’s Big Moment, Here Are 4 Real Estate Predictions for 2019
Branded residences from the likes of Armani, Fendi, Aston Martin, Porsche, Missoni, and others are all on the rise in South Florida. But the influx of new properties won’t last long. “Based on the average absorption rate for the last three years in the regional real-estate landscape, new condo supply will be absorbed within the next 12 to 24 months,” says Craig Studnicky, principal of ISG World and publisher of the annual Miami Report. So if you want to purchase a condo in South Florida, you’d better act fast.
January 10, 2019
South Florida Condos: Reaching New Heights
In 2019, we expect to see the return of demand from Brazil, Mexico and Colombia. That, plus shrinking inventory, should create a very robust year for condo sales,” Craig Studnicky, co-founder and principal of International Sales Group and RelatedISG, tells GlobeSt.com.
September 20, 2018
The Newest Crop of Condos in the Miami Area
“There has been a perception, outside of Miami and Fort Lauderdale, that there is this huge supply of unsold condos down here,” Mr. Studnicky said. “That was true a year or two ago, but not anymore.”
June 11, 2018
Miami’s Soft Condo Market Could Turn Around by 2020
Home buyers are likely to absorb Miami’s abundance of unsold condos within the next two years, as developers hesitate to break ground on new projects, according to predictions from developer and consultant ISG World.
June 5, 2018
ISG Miami Report 2018 analisa o mercado imobiliário no sul da Flórida
Analisando o mercado imobiliário do sul da Flórida há mais de 25 anos, a ISG testemunhou o florescimento de Miami, antes visto apenas como um destino de férias e que passou a ser uma das áreas de maior expansão comercial e imobiliária do mundo, colocando a sede do condado de Miami-Dade como uma das maiores cidades emergentes em nível global.
May 30, 2018
Report: New Construction Condos In Miami 83% Sold
The vast majority of condos in Miami’s new and proposed condo buildings have been pre-sold, in a report from ISG World. Most new condos sold out: 83% of the 20,008 new condo units east of I-95 that are proposed, under construction, or delivered have been pre-sold
May 25, 2018
Shelved condo projects shrink pipeline of new construction in Miami, Fort Lauderdale: report
About 83 percent or 16,714 of the roughly 20,000 units in the pipeline were presold as of April, according to the ISG Miami Report. While the percentage is up from the 80 percent that ISG reported last May, the total pipeline shrunk by about 3,200 units.
May 25, 2018
Reach & Rise, Residences at Brickell City Centre &
ISG World Hosts The 2018 Miami Report
ISG World and Reach & Rise, Residences at Brickell City Centre presented the 2018 Miami Report and introduced the new Brickell City Centre residential sales team to over 700 real estate professionals from across South Florida.
May 24, 2018
Despite underwhelming sales, South Florida's new condo inventory is shrinking
Even after two years of slow new condo sales in eastern Miami-Dade County and Fort Lauderdale, the market is approaching a shortage of new inventory because there’s been little new construction, according to ISG World.
April 28, 2018
Fort Lauderdale Is Booming: Here's Why
"Fort Lauderdale has always been compared to Miami Beach, but now its value in terms of price per square foot is at an all-time high," Craig Studnicky said. "From 1990 to 2010, the annual difference in price per square footage between these two destinations was roughly 25%. In May 2016, this difference jumped to 261% due to the slew of new inventory. This means that a buyer can get the same ocean views, amenities, finishes and services in Fort Lauderdale but at almost half the price."
MARCH 20, 2018
Plotting the future of Miami’s skyline
In one example, Carlos Ott — a Uruguayan architect who worked on Echo Brickell, Jade Beach and Jade Ocean — has been hired along with Miami-based Sieger Suarez Architects to design a luxury condo tower...
JANUARY 05, 2018
Invest Now in the South Florida Property Market, Experts Say
Steep price incentives, a lack of new construction and a favorable tax environment all benefit Miami and Fort Lauderdale buyers