The Real Deal Miami

Coldwell CEO says now is time to buy

November 09, 2009 03:19PM

While the debate over whether to buy or rent rages on in New York City, Coldwell Banker CEO Jim Gillespie says that now is the time to make a home purchase nationally. The real estate group recently conducted a survey outlining the reasons to buy a new pad, ranging from the federal allowances to market stability. Gillespie told ABC News that major incentives, including the first-time homebuyer tax credit and dramatically lower prices in some states, particularly in Florida, are making the housing market especially favorable for buyers.