Buying can beat renting in less than a year

As rental rates and home values escalate, buying is becoming a better option sooner for many South Floridians, according to a first-quarter report from Zillow.com. In Palm Beach County, buying a home is cheaper than renting it after an average of 1.3 years, the website said. In Broward County, it’s 1.1 years. [Source: South Florida…