It's (almost) official... and it's about time!!! The senate has finally reached a consensus on the first-time homebuyer tax credit and it looks like they may expand the benefits to include other homebuyers. It also looks like they are going to expand the income restrictions as well.
This is great news for all of us. Everytime someone buys a house they make a trip to Walmart, K-Mart, HomeDepot, Bed, Bath & Beyond, etc. They also hire contractors, landscapers, painters, and so on. All of this helps strengthen our economy.
Check out the full report from this mornings Wall Street Journal.
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