What's the latest on the Homebuyer Tax Credit Extension?

According to a recent Bloomberg article, certain lawmakers are saying that a second extension of the homebuyer tax credit is not on the table. While there's certainly substantial opposition out there against another extension, there's a large throng of supporters who are depending on it. The tax credit has been an incentive for homebuyers but it should not be the sole reason for buying a home. If you're a qualified borrower, don't let the pending expiration of the tax credit sway you from your decision to buy. Conditions still remain ideal to buy a home. There are plenty of existing homes on the market, interest rates are at near-record lows and home prices are very competitive. Whether or not your goal is to take advantage of the homebuyer tax credit before the April 30th deadline, you can still begin or continue your search for the home that you need right now!!!!