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Homebuyer's Tax Credit Applies to Higher Income, Move-up Buyers Posted by Christopher Dente |  Tuesday, Nov 03, 2009 Homebuyer's Tax Credit Applies to Higher Income, Move-up Buyers Chris Palmeri | BusinessWeek The Senate is expected this week to pass an extension of the credit that was originally going to expire Nov. 30. Buyers who sign a purchase agreement by April can now claim the credit. The extension will apply to higher income buyers. Previously the credit was available to individual filers making $75,000 a year or less. For couples the limit was $150,000. The new income limit will be $125,000 for individuals and $225,000 for couples. Read entire article here. Filed under: News, Sales Share	RECENT POSTS Mortgage Rate Update U.S. Mortgage Rates Fall for Third Consecutive Week With F.H.A. Help, Easy Loans in Expensive Areas U.S. Housing Recovery Delayed to 2010 as Market Wanes Real Estate Outlook: Moving Towards Recovery First-time homebuyers leading market back Bidding Wars Resume Mortgage Rate Update RELATED Events Manhattan Market Reports New Developments News Press Releases Rentals Sales All Sections ARCHIVES November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 Add CitiBlog feed

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