HomeBuyerTaxCreditExtension

California lawmakers hope a new plan to extend a $10,000 tax credit to first-time buyers and those purchasing new homes will help jumpstart the state's lagging housing market, as well as work to clear a backlog of abandoned and foreclosed homes. That's a tall order in a state with one of the...

The recent extension of the $6,500 federal home buyer tax credit to existing homeowners stands to help the economy, according to a new survey by Coldwell Banker. Only 6% of those 1,000 surveyed said they would splurge -- on shopping or vacations. Though no one wants to appear frivolous in a...