# @newsday on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DMdhXmZvON0
- **Gondola URL:** https://gondola.cc/posts/38515095-newsday-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/5dd0c3b69a.jpg
- **Posted:** 2025-07-23T19:01:02.000+00:00
- **Account Owner:** Newsday • Long Island News (@newsday) — https://gondola.cc/newsday

## Caption

In Long Island's low-inventory, high-demand market with inflated prices, coming up with the tens of thousands of dollars needed for a down payment is daunting for many. Luckily, experts say most first-time buyers are competing with others who don't put down anything near 20%.

For more on this story, visit the link in bio.
(Photo Credit: Thomas A. Ferrara, Rick Kopstein, Elizabeth Sagarin)

#longisland #longislandny #liny #lihomes #suffolkcountyny #nassaucountyny #homeowner #owningahome #housingmarket #downpayment #housedownpayment #home #house #housingcosts

## Stats

- **Views:** 0
- **Likes:** 1,072
- **Shares:** 0
- **Comments:** 232

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Brendan Yerkes | @BrendanYerkes23 | https://gondola.cc/BrendanYerkes23 | Content Producer |
| Newsday • Long Island News | @newsday | https://gondola.cc/newsday | Reporter/Journalist |

## Tags

housingmarket, longislandny, nassaucountyny, downpayment, lihomes, home, homeowner, owningahome, longisland, house, suffolkcountyny, housedownpayment, housingcosts, liny

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