The National Association of Realtors is pushing for an extension on a tax credit for first-time homebuyers. The $8,000 credit is set to expire Dec. 1, meaning first-time homebuyers will have to close sales by that date. The organization is pushing to extend the credit into 2010 to boost the housing market, which is slowly recovering, and to expand the program to more than just first-time buyers. According to Fox News, the Obama Administration is looking at extending the credit and there’s a proposal in Congress to push the deadline until summer 2010.
Realtors pushing for extension on homebuyer credit
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