Here is a link to a story about some of the legislative support for extending the first time home buyers tax credit. As of now it will expire at the end of November. We will have to wait and see what happens!
As so many others have repeated, we do not know anything for certain yet, and everything is speculation. I would be shocked if it wasn't extended ... and hopefully it will even be expanded! You will likely hear loud and clear when a decision is made, one way or the other.