I am flying back to Phoenix to our World Headquarters from Orlando after attending the National Association of Realtors convention. (Pretty cool to have wi-fi on the plane.) The only real new information I gained has to do with the possible extension of the 2007 Mortgage Debt Relief Act. All indications are that it will get lumped in with a bunch of other tax extension actions and will most-likely not be approved until well into the first quarter of 2013. It will most-likely be made retroactive for those sales that occur between January 1st and the passing of the bill. Not the best scenario, but good news none the less.
See my post below from Monday October 8th for more details about this topic.