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Unlike them, I'm looking to buy a home. Qualified for the initial credit but glad I waited it out since prices have dropped below the 6.5k mark. Now they extend the federal credit closing to Sept 30, so I have to wait another 3 months when the market is "realized" and I can get my discount. But their is pent up demand I'd assume so who knows? Probably not the brokers, who benefit the most from this tax-subsidized initiative.