Three proposed tax credit extensions

Three extensions of the tax credit for first-time home buyers have been proposed in the Senate. The hope is that a liberal extension of the amount as well as the length of time in effect will permanently raise the housing market to a sustainable level of activity before it is phased out or time runs out. Hopefully we’ll have something soon, as the current credit ends Nov. 30, the Monday after Thanksgiving. [Link]

Tagged as: Current, Ends Nov, First Time Home, First Time Home Buyers, Housing Market, Length Of Time, Senate, Sustainable Level, Tax Credit, Tax Extensions, Thanksgiving, Time Home Buyers