Calls To Renew Home Buyer Tax Credit Get Louder In Washington

The drumbeat is growing in Washington for extending – even expanding – the popular $8,000 tax credit for first-time home buyers, a soon-expiring benefit that some experts estimate is on its way to spurring as many as 400,000 additional sales this year. Backers of the program slated to cease Nov. 30 are seeking an extension and expansion to $15,000 from the current $8,000 and to more than just first-time purchasers. [Read this article]

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