Nov 4th, 2009 - Washington Post
The Senate voted Wednesday to renew the government's $8,000 tax credit for first-time home buyers for another six months as part of a broader bill designed to extend unemployment benefits.
For the first time, the tax credit program would also enable many homeowners who buy a new primary residence to receive a $6,500 refund.
The measure was attached to a bill that would provide 20 weeks of unemployment benefits in more than two dozen states with jobless rates above 8.5 percent and up to 14 weeks elsewhere. Another provision in the bill would allow businesses that had operating losses in 2008 and 2009 to seek refunds for taxes paid on profits over the past five years.
Related stories:
House votes to extend jobless benefits, expand home buyers' tax credit
Nov 5th, 2009 - Washington Post
Congress gave final approval Thursday for an additional $24 billion to help the jobless and support the housing market as climbing unemployment poses a growing liability for elected officials. The bill...
Senate leaders back extending home tax credit
Oct 29th, 2009 - Boston
WASHINGTON - Key Senate leaders agreed yesterday to extend a popular tax credit for first-time home buyers and to offer a reduced credit to some buyers who already own houses.
The tax credit provides up to $8,000 to first-time home buyers...Senate panel OKs extension for home buyers' credit
Oct 29th, 2009 - Philly
A Senate committee reached a compromise yesterday to extend the $8,000 tax credit for first-time home buyers, a boost the housing industry expects will help it pull out of its two-year-old downturn.Weak Home Sales Trump Strength in Durable Goods
Oct 29th, 2009 - New York Times
Stocks fell on Wednesday as investors digested gloomy numbers on sales of new homes and were unmoved by a report that showed a rise in United States durable goods orders.
Extension of home buyers' credit has wide Senate support
Oct 28th, 2009 - Washington Post
The Senate has reached a broad bipartisan consensus on extending a lucrative tax credit for first-time home buyers beyond the Nov. 30 deadline and expanding it to include some current homeowners...
Related videos from YouTube:
7:25Federal Housing Tax Credit explained
Congress Enacts Bigger and Better Home Buyer Tax Credit A tax credit of up to $8000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009 ...
3:55This Month In Real Estate: 2009 First Time Home Buyer Tax Credit Special Edition
Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation.
1:44RE/MAX and the 2009-2010 Homebuyer Tax Credit
RE/MAX Chief Executive Officer, Margaret Kelly, talks about the government's extension/expansion of the first-time homebuyer tax credit. Certain existing homeowners can now qualify for the credit and homebuyers have until April 30, 2010 to put a contract on a house ...
2:34The $8,000 First Time Homebuyer Tax Credit | WAHomeowners.com
This video has been updated. Please view the updated version here: www.youtube.com
