first time homebuyers credit

April 15 isn't the only tax deadline to be mindful of this month: The first-time homebuyer's credit is winding down this month, too. Taxpayers hoping to qualify for the credit must finalize their contracts by a month from today, on April 30, 2010. If you sign a contract by that date, you have until...

The New York Times reports that "After several disastrous months for home sales across the country, when volume dropped by 23%, the pace appears to be picking up again." The reason? The first-time home-buyer tax credit is set to expire on April 30, and people are moving quickly to take advantage....

The deadline for first-time home buyers to take advantage of the government's $8,000 tax credit appears in line for an extension. But the popular tax break has already been fueling a phenomenon that many struggling real estate markets haven't experienced in years: bidding wars. Lower-priced homes...