NAR: Keep tax credit through 2010

Isakson reportedly not on board for another reprieve

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The National Association of Realtors is reportedly lobbying lawmakers to extend the homebuyer tax credit through the end of 2010, but Sen. Johnny Isakson — the former real estate broker who championed the industry’s cause last year — is apparently not on board.

Linda Goold, NAR’s director of tax policy, told Realtors attending the group’s annual convention in November that last fall’s extension of the tax credit was a "nip and tuck" affair, with lawmakers making "us promise, practically in blood, that we would not come back" and request another extension (see story).