Looks like we'll be getting the $8,000 Tax Credit for First Time Home Buyers for a little longer. At least if President Obama signs the bill. They're offering to extend the Tax Credit for purchases through April 2010, but that's not all. They are also offering $6,500 Tax Credit to people who have lived in their home for the past five years and now want to move up. Couple income limit has also been increased to $225,000 per year. This is great news for the housing industry and Real Estate Market and the general Economy.