SIREN (Staten Island Real Estate News) is reporting that the National Association of Home Builders (NAHB) has decided to ask Congress to extend the $8,000 first time homebuyer tax credit for an additional year.

Joe Robinson, the Chairman of NAHB, says that if congress approves the credit extension it would result in more home sales and create more jobs for builders.

The request to extend the first time homebuyer credit through 2010is so that the recent spark in the real estate market will not die out before it fully gets started.   We need to do everything we can to make sure the real estate market does not stop improving.

The NAHB has launched a campaign to focus congressional attention on their request to have the tax credit extended.  Builders who are members of the NAHB and would like to get involved in this campaign can go to www.nahb.org/revivehousingnow.

If you are a first time homebuyer looking to buy a home in Staten Island or Brooklyn New York contact an experienced Staten Island real estate lawyer.  Contact Steven T. Decker to discuss the purchase of your new Staten Island home at 718.979.4300.