Homebuyer Tax Credit Extension???

MAYBE!
Senate Democrats plan to extend an $8,000 tax credit for first-time home-buyers and allow benefits for some people who already own residences.
The proposal would let homeowners qualify for a $6,500 credit if they have lived in their residence for five years.
The home-buyers credit would be available to individuals earning up to $125,000, or $250,000 for couples, up from $75,000 for individuals and $150,000 for couples under the current law.
Lawmakers want to keep home sales from slipping as the economy struggles to recover from the worst drop in home prices since the Great Depression.
The plan would extend the credit, due to expire Nov. 30, to home purchases under contract by April 30, 2010, with borrowers allowed another 60 days to close the sale.

I'm watching this very close... Stay tuned for updates!