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How Foreign Exchange Rates Are Impacting Residential Sales

MIAMI—“The local job market is a major piece of the puzzle.”

“13th Floor Homes is filling a void in the market for buyers who don’t want to sacrifice affordability but still want the luxury amenities that come with new construction,” says Mike Nunziata, “13th Floor Homes is filling a void in the market for buyers who don’t want to sacrifice affordability but still want the luxury amenities that come with new construction,” says Mike Nunziata,

MIAMI—There’s been plenty of talk about foreign exchange rates. Some insist it’s making a big impact while others say the impact is not dramatic.

GlobeSt.com caught up with Mike Nunziata, division president for 13th Floor Homes, to discuss the current state of the single-family home market and how the stronger US dollar is impacting residential development in South Florida in part two of this exclusive interview. You can still read part one: Can Homebuyers Overcome These Challenges?

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Jennifer LeClaire

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