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Central and South Florida are increasingly becoming home to members of Puerto Rico's middle class, who are fed up by an island wracked by inflation, unemployment and the perception of crime grown out of control.

The recession that recently struck Florida hit Puerto Rico first. It resulted in masses people moving here as first-time voters in a presidential election year, banking that the Sunshine State would provide new opportunities.

The wave of emigration could rival the 1950s exodus to New York, which helped reshape Manhattan's political and social fabric. This time, the Puerto Ricans leaving the island are highly educated professionals whose departure both provides a safety valve to growing unemployment and threatens the island's skilled workforce.More and more Florida seems to becoming a hub for Latin America and it appears will continue to drive our economy forward.

According to a joint 2006 study by the University of Puerto Rico and Hunter College's Center for Puerto Rican Studies:

• In 1990, Florida surpassed New Jersey as the No. 2 mainland destination for Puerto Ricans, behind New York.

• In 1990, 2 percent of mainland Puerto Ricans lived in Florida. By 2000, it was 14 percent.

• During the 1990s, the number of Puerto Ricans in Orlando increased 142 percent.

I`ve dealt with a rash of Realtors who must be completely oblivious to the market and how often the lenders will delay a closing.

It`s almost next to impossible to have a closing on time anymore, it`s not the buyers fault,nor is it the agents .Lenders are extremely cautious.

Hence, "we`re in this together as professionals to close a transaction".

Yet, as we approach a Monday closing we`ve dealt with an agent who seems to act like it`s everyone`s fault for the transaction closing "1 day late".

We`ve received no less than 50 emails from this person accusing our buyer, myself and the mortgage broker for being incompetent.

Yet, when giving the information they act aloof seem not to care and "want me to give the seller an explanation!"..

Scary, beyond comprehension.

Realtors who act like this I truly have little or no respect for.

The reason so many Realtors can`t bring a transaction to the closing table is exactly for this reason.

We as Realtors need to explain the the buyers and sellers that not all Sales Close in a timely manner. It`s nobody`s fault, it`s part of the new culture of lending.

Our jobs as Professionals are to work together in a harmonious manner.

The closing is set for Monday

After 50 emails I just learned the other Agent will not be attending the closing.

So much for "team work"...

www.listfloridahomesforless.com

Investors have suddenly started to once again look at Broward County Florida rental property.

They`re seeing prices spiral downwards along with market rents at an all time high, the "Cap rates" are making more and more sense for those who which to invest in Real Estate.

In area`s like Cooper City,Pembroke Pines,Davie, Miramar,Weston,Hollywood and Sunrise the average rents range from $1200-$2200 per month.

Simply put, investing in homes for rent makes sense long term.

www.listfloridahomesforless.com