A lot of buzz is being generated in the real estate industry for extending the $8,000 first time home buyer tax credit which expires at the end of November. On Wednesday, a Senate bill was introduced to extend the credit for 6 more months and other bills are in the House. Opposition to the extension centers on its cost, while supporters say the economy is still too fragile for the housing industry and needs that stimulus. Another issue for the extension is that Congress is fully engaged with the health insurance issue and other issues are on the back burner. Our advice – assume the credit is going away in 10 weeks and plan accordingly!