Create a Free Account

Create an account to get access to market analysis, demographic information, and insider tips in your area. Registration is free and we never sell your information

When you complete the free registration, you’ll be able to:

View market trends Learn about local trends including price changes, number of listings available, and average selling time.

Registration Form

  • A password will be emailed to you
  • This field is for validation purposes and should be left unchanged.

Please enter your username or email address. You will receive a link to create a new password via email.

Renting vs. Owning in 2021’s Market


June 22, 2021

The real estate market is hot right now – it seems that everyone is looking to buy, sell, and rent all at once, especially in Miami and throughout South Florida at Continuum South Beach. While buying has long been considered a better option because of tax benefits and the satisfaction of owning your own property, many buyers are considering renting because home costs have risen exponentially in the last year.

Renting doesn’t come without challenges. Prices of rentals are rising exponentially along with the price of homes due to the high demand. Though if you don’t plan on living in a home for an extended period and can’t make a substantial downpayment, then a rental might be best, even with a high price.

Real estate experts forecast the housing market to remain this way for at least another two years, so potential home buyers should be patient and remain put while they wait for the market to cool off. However, mortgage rates are reaching record low numbers, another factor for the hot market.

Florida has become more popular in recent years for many east and west coasters to relocate to because of the low tax rates and general affordability. As more and more people flock to Miami, potential home buyers are also opting to build farther out of the city, but not without its own issues. The price of lumber has reached a record high, making it easier to rent or to live much farther away from the city rather than building a new home.

When you see somewhere you like, act on it. Continuum Condos for sale are available – come check us out for beach life and luxury at your fingertips.