But hold tight, sellers and brokers alike can’t hold on to these asking prices much longer.  

Gamblers hope for the big pay off that may show up with a $100 bet on my conversation with Jack.

Is that a likely result for sellers?

You definitely want a "like-minded" individual but you don't want that person to do the same tasks as you or its all just a big waste of time.

However, you may be able to avoid it if you're able to do a like-kind exchange (aka 1031 exchange) and reinvest the proceeds in a similar investment property.

Transaction costs of selling, then buying will mean a hit to the equity that you have, plus a likely tax hit.

I think a like 1 restart is included.  

I feel like a gambler who got pretty lucky in Austin and I would like to get out of there while I'm ahead, as it is still a correcting market and houses are quite expensive.

Stay patient and informed to navigate these trends effectively.Concluding MessageThe South Florida real estate market continues to thrive with exciting opportunities for buyers and sellers alike.

For some people this is OK since they will get use, future appreciation and a likely refinance in a few years.