The Real Deal New York

Down market offers deals on 2nd homes 

July 31, 2008 08:19AM

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Some homebuyers are finding deals on second homes on Long Island and upstate New York. Listing prices are falling while inventory is increasing, and brokers say August is a good month to buy before the fall’s expected sales increase. A recent study shows Long Island’s vacation spots, the Hamptons and North Fork, saw a 9.2 percent median sales decrease compared to last year. 

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