Lots of discussion about the First Time Home Buyers Tax credit again. The potential of the tax incentive ending, certainly is near, of course, unless it is extended by congress.



It appears that the incentive worked.....there are number of studies that show sales of existing and new homes have been positively affected by the stimulus. (see link)

http://www.fixhousingfirst.com/media-room/2009/09/news-study-shows-effectiveness.php

Many builders and others in the real estate industry would like to see the credit extended to all buyers. And there is much credible support outside the industry...as many economist and politicians are touting the need to extend the stimulus. What do you think?