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Martha’s Vineyard Commission Approves Middle Line Project
With a green light from both the Martha’s Vineyard Commission and the Chilmark planning board, the Middle Line Road affordable housing project has moved two steps closer to breaking ground...
» Full Story

Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $125,720 for the business week ending on Friday, April 11. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions...
» Full Story

Real Estate News from the Vineyard Gazette Archives

Friday, April 11, 2008
Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $47,024 for the business week ending on Friday, April 4. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions...
» Full Story


Friday, April 4, 2008
Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $75,404 for the business week ending on Friday, March 28. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions...
» Full Story


Friday, March 28, 2008
Land Bank Revenues
The Martha ’s Vineyard Land Bank reported revenues of $93,708 for the business week ending on Friday, March 21. The land bank receives its funds from a two per cent fee charged on most Vineyard real estate transactions...
» Full Story

Tricky Real Estate Market Sees Home Sales Down, Commercial Demand Up
The gradual two-year decline of residential home sales now resembles a bobsled run: it’s picking up speed but has some interesting twists and turns...
» Full Story


Friday, March 21, 2008
Town Approves Lower Values
West Tisbury Board Reduces Town Assessment Increases for Series of Properties, Calming Tensions

The West Tisbury assessors have made public their first round of real estate abatements, applying reductions in valuations from 10 to 60 per cent on seven of 57 properties in the Tisbury Great Pond and Seven Gates Farm neighborhoods, the areas in town hit hardest by revaluations...
» Full Story

Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $70,406 for the business week ending on Friday, March 14...
» Full Story


Friday, March 14, 2008
Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $98,473 for the business week ending on Friday, March 7. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions...
» Full Story


Friday, March 7, 2008
West Tisbury Revaluation Spurs Queries
Backlash to Vision Appraisal Technology’s 2008 real estate revaluation in West Tisbury continued this week, drawing sympathetic comments from public officials, including selectmen...
» Full Story

Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $22,170 for the business week ending on Friday, Feb. 29. The land bank receives its funds from a two per cent fee charged on most Vineyard real estate transactions...
» Full Story

Miller Becomes Specialist
Elaine T. Miller of Sandpiper Realty Inc. in Edgartown has earned the seniors real estate specialist designation, which focuses on educating realtors to serve real estate buyers and sellers who are aged 55 and older...
» Full Story

Real Estate Designation
Robin O’Donnell and Nora Jardin of Island Real Estate in Vineyard Haven have been awarded the accredited buyer representation designation by the Real Estate Buyer’s Agent Council Inc. of the National Association of Realtors...
» Full Story


Friday, February 15, 2008
Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $100,180 for the business week ending on Friday, Feb. 8. The land bank receives its funds from a two per cent fee charged on most Vineyard real estate transactions...
» Full Story


Friday, February 8, 2008
Land Bank Revenues
The Martha ’s Vineyard Land Bank reported revenues of $12,684 for the business week ending on Friday, Feb. 1. The land bank receives its funds from a two per cent fee charged on most Vineyard real estate transactions...
» Full Story


Friday, February 1, 2008
Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $134,009 for the business week ending on Friday, Jan. 25. The land bank receives its funds from a two per cent fee charged on most Vineyard real estate transactions...
» Full Story

Island Housing Starts Were Up In 2006, Bucking National Trend
New single family home permits issued last year on the Vineyard soared 38 per cent over 2006, a rate of increase reminiscent of the building booms of the early 1980s and 1990’s...
» Full Story


Friday, January 25, 2008
Sale of Homes Fell Last Year
Real Estate Transactions Were Off In 2007 on Island Over 2006, But Fourth Quarter Report Shows Median Prices Up

Fewer Island houses sold in 2007 for slightly more money than in 2006...
» Full Story

Assessor Points to Large Sales As Reason for High Tax Bills
The domino effect of a few 2006 property sales that have doubled some assessments and taxes in two West Tisbury neighborhoods are simply part of a trend toward sharply increasing values on waterfront and high-end properties, the town principal assessor said this week...
» Full Story

Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $236,460 for the business week ending on Friday, Jan. 18. The land bank receives its funds from a two per cent fee charged on most Vineyard real estate transactions...
» Full Story


Friday, January 18, 2008
House Foreclosure Petitions Increased Last Year on Island
Home foreclosure petitions were up sharply on the Island in 2007 over 2006...
» Full Story

Land Bank Revenues
The Martha’s Vineyard Land Bank reported revenues of $526,475 for the business week ending on Friday, Jan. 11. The land bank receives its funds from a two per cent fee charged on most Vineyard real estate transactions...
» Full Story

Court Ruling Backs Review Of Mansions on Little Lots
The Massachusetts Supreme Judicial Court has finally put beyond doubt the power of local officials to prevent developers from tearing down small houses on undersized lots and replacing them with McMansions...
» Full Story

West Tisbury Tract Sells for $15 Million
A 50-acre property in the Priester’s Pond area of West Tisbury has changed hands for $15 million...
» Full Story


Friday, January 11, 2008
Lawsuit Targets Subprime Bank
West Tisbury Takes Case to Court Involving a Mainland Lender Said to Prey on Afforable Homesite Lot Owner

The town of West Tisbury has filed a lawsuit against a mainland subprime mortgage company that loaned more than half a million dollars to an affordable homesite owner in town who had no ability to repay - and then foreclosed on the property...
» Full Story

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