We have one half of the bill makers in agreement. Senate Banking Committee Chairman Christopher Dodd reported Tuesday that top Democrats in Senate have reached an agreement to extend the $8,000 first-time homebuyer tax credit.
We’re now just waiting for the Republican and Democratic party to agree to the terms of the extension, which may be reached by the end of this week.
There is talk of opening up the credit to all buyers, which I believe could be helpful in moving first-time homebuyers to purchase as well as homeowners who need an incentive to sell their house.
