Tax Credit Extension?
The Senate and the House have been debating about whether to extend the tax credits for buying homes. Thus far, they have tried to include the extension in two bills, both of which have not passed and look like they will not pass.
That said, for people looking to buy in DC proper, there is still a $5,000 first time buyer tax credit. Although it’s not quite $8,000, it still goes a long way. Here’s more information on qualifying: http://otr.cfo.dc.gov/otr/cwp/view,a,1330,q,594156.asp