There’s some good things in the housing bill that Congress & the President signed into law but also some surprising disappointments. An 800+ page bill takes time to process, but here are a few resources so far that deal with some of the biggest parts of the bill:
First Time Buyer Credit Analysis from the National Association of REALTORS
Fact Sheet for the HOPE for Homeowners Act from the Minnesota Homeownership Center
Fact Sheet for New Tax Incentives For First-Time Buyers from the Minnesota Homeownership Center