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LI, NY home values fall, but remain among nation’s highest

…”We’re starting to see prices rise,” said Jonathan Miller, president and chief executive of Miller Samuel, a real estate consulting and appraisal firm based in Manhattan. He said the median home price on Long Island, excluding the East End, was 4.1 percent higher for the third quarter of this year — at $380,000 — than the same period last year, when the median price was $365,000.

“Housing prices are firming up because inventory is so low . . . because credit is tight,” Miller said…

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