Momentum is growing in Washington to extend the $8000 first time home buyers credit which expires 11/30/2009. It has been calculated an additional 400,000 homes have been bought using the $8000 tax credit. The first time home buyers tax credit has been part of the federal effort to kick start the devastated real estate market. According to the IRS around 1.4 million people have claimed the $8000 tax credit so far. Some analysts believe the tax credit has created little stimulus for new sales but given Americans whom would have bought a home a windfall, saving them $8000. Because the key committees are focused on the health care legislation, look like we are in for an anxious wait to see if the First Time Home Buyers tax credit is extended or not.