Rental rates are sky high, it is difficult for first time home buyers to save up for down payments and closing costs but many times it is much cheaper to buy rather than rent....especially in Florida.
Renting vs. buying a home in Florida:
Monthly rent in Florida: $1,695
Monthly mortgage in Florida: $1,297
Rents have been rising in the Sunshine State — especially in South Florida where the population is growing and demand for rentals has increased, the Sun Sentinel reported in April.
In fact, Miami is the eighth-most expensive rental market in the U.S., according to the Zumper National Rent Report. More and more adults are living with roommates in Miami to offset high rents, Gudell said.
No comments:
Post a Comment