A recent study done by GoBanking found that in the Sunshine State it was less expensive to buy than rent (if you have the 20% down payment).
Our average rents according to the study are $1500+ VS $1300+mortgage payment for buying. That equates to a savings of over $2000 annually if you purchase a home instead of renting.
My advice to buyers, especially first timers is to get off the fence and purchase now. By purchasing a home now you will also take advantage of the low mortgage interest rates. It's GO TIME PEOPLE!