Hurry — the time to take advantage of the tax credit is coming to an end!
Currently, there are two types of tax credits which home buyers may be eligible for. The First-Time Home Buyer Tax Credit is $8,000 and the Move-Up / Repeat Home Buyer Tax Credit is $6,500. The National Association of Home Builders site explains these tax credits in more detail and will give you a great understanding about who qualifies. You may find the link below.
Federal Housing Tax Credit Information