It's official...$8000 for first time home buyers in 2009

The original $15000 for all home buyers in 2009 didn't make it past the negotiations between the House & Senate but the stimulus bill that President Obama signed into law on Tuesday does include a $8000 tax credit for first time home buyers in 2009. There are some restrictions (such as a $75,000 income limit, $150,000 for couples) but this tax credit should benefit most first time home buyers in 2009. Great News.