Extension of Tax credit approved!

The long-awaited extension of the tax credit has been approved by both the House and the Senate and currently awaits President Obama's signature (which is not expected to be a problem). There is also an expansion of the credit to include current homeowners (not just first-time buyers)...however, there are several restrictions along with improvements. The income limits have been increased, the maximum sales price has been set at $800,000, etc.