Senate and House each want to give homebuyers money in 2009, but how much?

The quick and dirty on this without boring everyone with the details is this. It looks like the Senate is looking to give anyone who buys a home in 2009 a $15000 Tax Credit, while the House is looking at a $7500 tax credit. I will keep you posted on what the compromise ends up being (ultimately what amount and what terms). Either way, it looks like home buyers in 09 will be treated well.