Homebuyer tax credit to be extended, expanded

The extension and expansion will fuel the already-hot market for low-end homes:

Debbie Miller also was thrilled to hear the news. She has been trying to buy a Modesto home for months, but she keeps getting outbid. “Because of all the competition, it takes a long time to buy. A lot of people are looking and bidding for homes,” said Miller, 59, who works for the Girl Scouts in Modesto. “The tax credit will be extremely helpful in getting me into my own place.”

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