Is the government planning on extending the $8000 tax credit that currently expires on December 1, 2009?

Question

This is for the 1st time home buyer tax credit.

Answer 1

One never knows but I would be surprised if they did.  It's not something that's been present in the tax code throughout history and the housing market is starting to level off, making it less of a policy issue.

Answer 2

there doesn't seem to be any interest in extending it at this point but who knows what they will come up with after being in their home states for a couple months listening to complaints from the constituents

Answer 3

Are they?  As of now, No.

Could they? Yes.

Will they?  Who knows.