$8K Credit for First-Time Homeowners May Be Extended As Part of New Social Net

Published by peter | Filed under Market Trends

It’s just a blurb, but this paragraph reinforces the conventional wisdom that the $8K Credit for First-time Homeowners may be extended.”The unemployment and health benefits are otherwise due to expire at the end of this year, and the homebuyer’s credit at the end of November. Extending the unemployment and health benefits alone through next year could cost up to $100 billion. Additional measures would raise the price at a time when the White House and Congress are confronting growing pressure to avoid adding to already high deficits. ”