In the News: Buy or Rent? South Florida's Market Has Buyers Thinking Twice

As home prices hold strong and interest rates stay high, more would-be buyers are asking: should we sit this one out?

Buy Now or Wait it Out? What Pembroke Pines Buyers are Facing

In a recent CBS News Miami feature, the question on everyone's mind took center stage: "Is it better to buy or rent in South Florida right now?"

With interest rates hovering in the 6–7% range and inventory still tight, some buyers are getting cold feet — especially first-timers or those moving up.

The piece highlights how many renters are on the fence, unsure whether to pull the trigger or stay put.

What’s fueling the hesitation?

  • Prices are still climbing, even if more slowly

  • Rents are stabilizing, making monthly comparisons tighter

  • Some fear buying at the “top” and missing a potential dip

But here’s what the article doesn’t fully dive into…

The Takeaway

Buying isn’t just about timing the market — it’s about buying the right deal, in the right area, with the right strategy.

In places like Pembroke Pines, where rents are $3,000+ for a decent 3-bed home, buying can still make long-term sense — especially if you stay put for 5+ years or use house hacking to offset costs.

This isn’t a one-size-fits-all market. For others, renting might be the smarter short-term move, giving more flexibility while things shake out.

The key is understanding your personal numbers, your timeline, and what kind of lifestyle you're aiming for.

Bottom line:

Whether you buy or rent, the most expensive decision is guessing.

Run the math. Talk through the options.
Then move forward with clarity, not pressure.

📞 Book a quick call with me and we’ll figure out what makes the most sense for you right now — no pitch, just real talk.