Archive for October, 2009

Extension of $8,000 new home buyers credit moving forward.

Thursday, October 29th, 2009

This post comes from Bloomberg.com. “The Obama administration endorsed a plan to extend an $8,000 tax credit for first-time homebuyers, saying it is helping stabilize the housing market. The tax break, enacted early this year as part of the economic stimulus, has “brought new families into the housing market and contributed to three consecutive months of rising home prices nationwide,” Treasury Secretary Timothy Geithner said today in a statement.” Click here to read the rest of this article.