November 22, 2009
NYTimes: For Home Buyers, Sweet Incentives
Published: November 20, 2009
“In October, the number of contracted sales on Long Island totaled 3,061, up 48.5 percent over October 2008, when 2,061 homes sold, according to the Multiple Listing Service of Long Island. At the same time, prices are sliding, with the median at $360,200, a decrease of 6.4 percent from last October’s median of $385,000. Nationally, prices are off by 8.5 percent, according to the National Association of Realtors.”
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