The $8,000 federal tax credit was a huge success among first time home buyers. Unfortunately, this credit is set to expire on November 30,2009. Real estate professionals around the country have been pressuring congress to extend the date of which first time home buyer’s will be able to claim this credit. According to many economists, it will take more than just first time home buyer’s to change the housing market. For more information on this topic, please visit http://www.nuwireinvestor.com/articles/new-bill-could-extend-8000-tax-credit-to-all-home-53100.aspx