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homebuyer tax credit posts

Will the Homebuyer Tax Credit Be Extended? Let the Word Games Begin!

Posted Mar 30th 2010 2:00PM by Zac Bissonnette (RSS feed)
Filed under: Housing, Recession

With the homebuyer tax credit set to expire at the end of April, most media outlets are reported on its expiration as a done deal -- which is strange given that the program has already been expanded and extended twice.

CNNMoney reports that ". . .this is absolutely, positively your last chance to claim the credit. (Probably.) So don't wait, thinking the credit will be extended for a third time."

Continue reading Will the Homebuyer Tax Credit Be Extended? Let the Word Games Begin!

Ray of Light: U.S. Senate adds $15,000 homebuyer tax credit to stimulus bill

Posted Feb 5th 2009 4:50PM by Joseph Lazzaro (RSS feed)
Filed under: Good news, Housing

Now we're talking fiscal stimulus. In a move to provide stimulus and economic incentives to a sector that, arguably, needs them the most, the U.S. Senate has added to the fiscal stimulus package a tax credit for up to $15,000 for homebuyers, The New York Times reported.

Economists and public policy analysts caution that the Senate has yet to vote on the stimulus bill, and the legislation, if approved, would then have to be reconciled, via a conference committee, with the stimulus package passed by the House. Nevertheless, economist Peter Dawson still likes the direction of the February wind in Washington.

Continue reading Ray of Light: U.S. Senate adds $15,000 homebuyer tax credit to stimulus bill