Monday, October 25, 2010

Real estate values turn down in Hamptons

The real estate values turn down in Hamptons which is the luxurious locale on New York Long Island is turned down to 14% in third quarter when compared to the last year.

The real estate value cut down to $696,000 from $810,000 when compared to last year as per the report from Real Estate firms. This is the lowest value the real estate firms start maintaining data since 2004.

The real estate market was growing in a purchasers market again according to the industry experts. The normal home values are growing up in huge manner above the next few months by means of more record on panel.

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