Tax Credit Extended For Home Buyers

Question: Is the government planning on extending the $8000 tax credit that currently expires on December 1, 2009?
This is for the 1st time home buyer tax credit.
Answer: It does not look like it.
The inventory is down to a manageable level, they really have no need for this burden.
MLS data: Pierce County home sales flat, prices fall in South Sound
The South Sound housing market still is looking for momentum in the new year as median prices, sales and pending sales continued to fall or remained flat in April, according to Northwest Multiple Listing Service data released Thursday.
New California Home Buyer Tax Credit