1.   Brazilians once played a big role in the real estate scramble, but the devaluing real has diluted that, brokers say.

2.   Every year, brokers say, there seems to be a tendency for people who can plan summer vacations early to shop ever earlier for their vacation housing.

3.   Seven years after the country opened its two exchanges, insider trading is rife, brokers say.

4.   Some brokers say that may mean trouble ahead.

5.   That gives many potential customers an unwarranted sense of confidence in what the brokers say, Klein says.

6.   The effect of all this, brokers say, is to allow industrial companies to own real estate for about what it would cost to rent space.

7.   Vacancies started accumulating in the fall, the brokers say, after the Nasdaq plummeted and dot-coms began failing.

8.   While prices may be starting to stabilize in these outlying areas, they have not started to drop, brokers say.