According to the just released "2011 Rent vs. Buy Index" by San Francisco based and popular real estate site Trulia.com, nowadays, "it is more affordable to buy than to rent a two-bedroom home in 72 percent of America’s 50 largest cities". This could not be more true than in the great State of Florida where foreclosure rates have been among the highest in 2010 and with Miami ranking as the most affordable city in America for homebuyers, as shown below.

These results were obtained by calculating the price-to-rent ratio for the 50 largest U.S. cities in terms of population using the median list price compared with the median rent on two-bedroom apartments, condominiums, townhouses, lofts and co-ops listed on Trulia.com


To read Trulia's full Press Release, please click here

To know more about purchasing a home in Miami or anywhere else in Florida, do not hesitate to contact us at info@kijner.com or visit us at www.kijner.com