Don't believe it will be renewed, too much national debt--remind your buyers to keep an eye out on those interest rates, who knows when and if they will creep up and how quickly and by how much--for some, higher interest rates will mean less buying power.
Yes, it is done. No, it doesn't look like there will be another extentsion, nor should there be, I feel. If a buyer hasn't taken advantage of the first two, combined with low interest rates, chances are he/she won't come out for another round. People who want to/need to/are able to, will continue to purchase regardless of a tax credit.
It's over! At least the Federal tax credit is. One had to be in a binding contract prior to 4/30/2010. If they were in contract before that, they can still receive the credit as long as they close escrow by 6/30/2010.