Miami is the king of the bachelor pad:

Miami is the king of the bachelor pad:

Bottom Line: I love what's behind this story. People waking up and realizing that it's commonly more expensive to rent than to buy. Anytime we've ever had a real-estate market in which it's cheaper to buy than rent we've had above average appreciation for real-estate. With recent local price gains averaging 6% year-over-year, that's continuing to take place (average gains for real-estate are around 4%).  So let's get to it...

Attom Data Solutions said that just over 40% of all home buyers in the Miami metro are single. That's the highest nationally and Miami is the only metro with more than four in ten buyers being of the single variety. This makes perfect sense because recently Trulia identified that SFL had the best value proposition to buy rather than rent. 

Brian Mudd

Brian Mudd

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