I was watching CNN from my home office (kitchen) and they have reported this afternoon on a Senate "tentative agreement" to extend and even expand the first time home buyer's credit through June/July of 2010.
The $8,000 will remain for "first time buyers" and we may even see $6,500 for "second time buyers" (I'm still out).
Congress will have to vote of course, but I can't see them denying something tangible to their constituents. The credit has been given "credit" for moving housing, which is important to John Q. Public.