“As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:

• Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
• Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.

Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream…”

Read the article: http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit?lid=ronav0019

Related posts:

1. WSJ: Want the Home Buyer Tax Credit? Don’t Shop for Furniture
2. WSJ: Home-Buyer Credit Is Focus of Inquiry
3. Washington Post: First-Time Home Buyers in Limbo As Congress Weighs Credit Extension
4. Washington Post: New Tax Credit May Be Worth Pouncing On