Market News

Senate Clears Homebuyer Tax Credit Extension; May Pass as Early as This Week

Nov 5, 2009 – RIS MEDIA Real Estate News reports that after two weeks of delay, the Senate cleared the way to pass a seventh month extension and expansion of the tax credit for home buyers. The homebuyer tax credit due to expire at the end of November would be extended until April 30 , 2010. First-time homebuyers who are in the process of making a purchase would not need to worry about qualifying for the $8000 credit if they close after the November 30 deadline. Read more:

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