Senate Clears Home Buyer Credit Extension…

Market WatchUnanimous vote also extends unemployment benefits.

WASHINGTON (MarketWatch) — The Senate voted overwhelmingly Wednesday night to approve legislation extending unemployment benefits and maintaining an $8,000 tax credit for first-time home buyers.

This can’t be anything but good news for first-time home buyers specifically, and the U.S. housing market in general.

This also extends the current, and rather unprecedented opportunity for first-time buyers to own a home in South Lake Tahoe. (We like that, a lot!)

(South Lake Tahoe, CA median prices here)

(full article here)

 

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