North Lake Tahoe Real Estate- Waiting For Extended First Time Home Buyer Tax Credit?

With the media coverage telling about the possibility of increasing the dollar amount of the federal tax credit given to first time home buyers why on earth world a buyer jump off the fence if they think they can possibly get an extra  $7,000 dollar credit?  A handful of bills to extend and increase the First-Time Home Buyer tax credit are under consideration in congress, but if you are holding out in anticipation of one of these bills passing you may not want to hold your breath.  The likelihood of any of these bills getting though this year is unlikely.