Kim Raine's (kimraine) Blog

Senators Agree to Extend Homebuyer Tax CreditLegislation Pending Approval From Congress Senators have agreed to extend the $8,000 first-time homebuyer tax credit originally set to expire on November 30. Once the Senate officially votes on the bill it will move to the House of Representatives, whi...

(UPI) A deal struck among key senators last night to extend the homebuyer tax credit will broaden the benefit to include existing homeowners who are buying a new home as well as first-time homebuyers.Tax credit for move-up buyers will be less than for first-time buyers, but still significant. The...