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CHICAGO (MarketWatch) -- Home buyers may soon win more time to get to the closing table to qualify for a federal home-buyer tax credit of up to $8,000. The House of Representatives passed the Homebuyers Assistance and Improvement Act on Tuesday to extend the deadline for the home-buyer tax credit, which would give buyers who have purchase contracts in place three more months to close on the sale. The measure still awaits approval in the Senate; a vote there could come as early as Wednesday. Under the House bill, buyers must close before Oct. 1 to be eligible for the credit. That means people who had hiccups in getting to the closing table would have a few more months to wrap things up. The closing deadline was originally June 30. To be eligible, buyers needed to have a contract in place by April 30, and that won't change through this legislation. The National Association of Realtors estimated that about 180,000 otherwise eligible buyers were likely to miss out on the credit if the original deadline was upheld. One big hurdle for buyers has been getting the mortgage approval on time, as lenders work through a clogged pipeline of applications. In the Senate, the measure to extend the closing date for these buyers is included in a bill that also would extend unemployment insurance. Majority Leader Harry Reid filed for cloture on the bill on Tuesday, and expects to have a cloture vote on the measure on Thursday, according to Reid's office. If cloture is invoked, that limits debate on the bill, bringing it a step closer to a final vote. But Reid said on the Senate floor Wednesday morning that he was working to get an agreement with Republicans to pass the House-passed tax-credit bill by unanimous consent as early as Wednesday, according to Regan Lachapelle, Reid's deputy communications director.

Government homes for sale and bank foreclosures colaborated to the poor performance of the new housing in Indiana last year. This is what realtors said.

Foreclosure homes for sale are expected to get tough competition from new homes this coming spring. Realtors expect demand for new houses to pick up in spring.

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Orange County Realtor Marketing For Christmas is a informational list of simple to do actions for people looking to sell their home during this festive time.

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Homeowners can list their property on online real estate search sites. There are reliable realtors that register on real estate search sites to enable individuals to sell or buy home.

Bank owned condos and foreclosed homes rose again in Brockton in 2010. Local officials recently had a meeting with realtors and consumers to address the issue.

Buyers finding distressed homes for sale and cheaper houses often make purchases during the winter, realtors reported. This explains price declines in January.

Bankruptcy homes and other types of residential properties in Richmond posted higher sales in February. Realtors reported that the area is a seller's market.

Compared to July 2011, home sales in the Beloit, Wisconsin real estate have risen by 17 per cent in 2012, indicating that the market is recovering. According to the Wisconsin Realtors Association, the median price of a home showed an increase for the...

Bank owned condos and housing unit pending sales declined in Seattle in January. However, realtors predict that residential sales will be higher this year.