| From Reuters: The government's first-time homebuyer tax credit has spurred a significant amount of sales this year and its positive impact on the hard-hit housing market warrants an extension, an economist known for her property market expertise said on Thursday.
Celia Chen, senior director of housing economics at Moody's Economy.com in West Chester, Pennsylvania, said the government's $8,000 tax credit for first-time home buyers -- part of its economic stimulus bill -- has helped pave the way for stabilization............................Full Article: Source
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