Long Island, New York - Real Estate
Located on the largest island in the continental U.S., Nassau and Suffolk counties have a combined population of about 2,750,000.
Housing prices in the Long Island counties have grown considerably in the past few years, with the median cost of a single family home reaching $472,400 be the end of 2005. This prosperous real estate market is largely due to the fact that residents of the area are among the richest in the country, and are willing to shell out big money for good properties.
This makes it a difficult market for buyers coming from other parts of the country. It is still possible, however, for the well-established homeowner or high income retiree to secure a decent bargain in the area by scouting out foreclosed properties and other discount listings.
To find foreclosures and rock-bottom real estate bargains in Long Island, New York and other cities across America, please click here.