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First time home buyers are driving the housing recovery however they may soon lose the incentive which has helped spark their interest and help them gain the confidence to buy in a down market. In order to qualify for the $8000 tax credit, sales must close on or before November 30. No one knows whether congress will extend this or offer an alternate solution, however as the November deadline looms NAR and other industry groups are lobbying Congress hard to take some kind of action. 
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