[UPDATE: legislation passed the Senate on Nov. 4th and passed the House on Nov. 5th. The president is expected to sign the bill into law as soon as today (Nov. 6). You can read more about the tax credit extension and expansion here.]
As you may already know, the $8,000 tax credit for first time homebuyers expires November 30 (based on closing date). Congress is on the cusp of sending an extension and expansion to the Presidents desk so we’ll keep you updated.
For now, you can read more at VARbuzz.