Tax Credit Update

There is progress on the homebuyer tax credit in the Senate. Despite media reports, negotiations are still ongoing and nothing is final. Leadership is still working to find a way to bring credit to Senate floor and pass it. So progress is always good news, but this is not real news just yet. We will keep you posted.

First Time Home Buyer Tax Credit

UPDATE: The tax credit agreement of yesterday has changed. Senate is still negotiating terms of the credit and how to proceed. A new agreement on extending & expanding the tax credit has been introduced as a separate bill. The voting procedure on this bill is undecided. It could be voted upon separately from the UI bill, or not. Timing is still up in the air. We are still very much in the mix so stay tuned!