marthas vineyard real estate: Commercial Retail Condo, Martha's Vineyard - 08/25/08 02:04 PM
Nevin Square, Edgartown, Martha's Vineyard ~ Great commercial opportunity in downtown Edgartown. 343 square feet of street level retail/office space plus over 300 square feet of basement storage. Just one block from Main Street in a highly visible, upscale condo complex. Includes 1 parking space. $350,000
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marthas vineyard real estate: Totally Renovated West Tisbury Farm House - 08/15/08 12:49 PM
This home, located in the town of West Tisbury just steps from the Old Ag Hall and Alleys' General Store. It was built in 1872 for a Martha's Vineyard whaling captain and fully renovated by a master carpenter and interior decorator in 2008.
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marthas vineyard real estate: Martha's Vineyard real estate for sale - 08/08/08 11:07 AM
Hi everyone, My first post. I must admit I am a little gun shy! Here is a link for the weeks new listings for Martha's Vineyard real estate including real estate for sale, price reductions and properties that sold with listing and sale price so you can follow the market week by week.
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marthas vineyard real estate: Weekly Round Up - 06/27/08 10:43 AM
Here is the weekly real estate round up for the Island. Another busy week on the Island. What a great update this week. Several unquie properties. Lambert's Cove, beachfront in Edgartown and even a restaurant in Oak Bluffs. We have posted this weeks update on the web to make it easier … (0 comments)
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marthas vineyard real estate: New In-Town Edgartown Listing - 05/16/08 01:21 PM
I previewed this house in downtown Edgartown yesterday. It is situated just a short distance from Main Street and a short walk to the Edgartown Harbor. It is a Federal Style home situated on a beautifully landscaped lot. The house has been in the same family for forty years, it has … (0 comments)
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marthas vineyard real estate: MV Weekly Real Estate Round Up - 04/24/08 01:36 PM
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marthas vineyard real estate: Weekly Real Estate Round Up - 04/08/08 08:03 AM
We have a great update this week. A couple of fixer uppers down-island priced under $450K.. In-town Edgartown, two new listings priced under $2 million, both newer homes in great condition. On Sengekontacket Pond, a charming Vineyard Style cottage completely renovated and priced at $1.4 million, this property a quintessential vineyard … (0 comments)
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marthas vineyard real estate: Weekly Real Estate Round Up - 04/08/08 08:03 AM
We have a great update this week. A couple of fixer uppers down-island priced under $450K.. In-town Edgartown, two new listings priced under $2 million, both newer homes in great condition. On Sengekontacket Pond, a charming Vineyard Style cottage completely renovated and priced at $1.4 million, this property a quintessential vineyard … (0 comments)
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marthas vineyard real estate: Slow negotiation on REO? - 04/02/08 06:15 PM
I was impressed today by a bank owned property priced at $399,000. Not too bad. I think as soon as incomes and home prices get in line nationwide, the prices will stabilize and inventory will go down. Realtor association is thinking this fall. Newsmedia seems to think end of year. Might … (0 comments)
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marthas vineyard real estate: January Market Statistics for Martha's Vineyard - 03/13/08 08:36 AM
Following is our standard activity summary of the Martha's Vineyard real estate market for the month of January. Note that both inventory and the number of sales increased (5% and 27% respectively).
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marthas vineyard real estate: Luxury Homes on Martha's Vineyard - 03/12/08 06:57 PM
When you buy a luxury home, you are also looking for a luxury experience from the moment your search begins. As Martha's Vineyard's exclusive buyer agents, we will help you find your ideal home on the Island. With over 10 years of experience in Martha's Vineyard Real Estate, we know our … (0 comments)
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marthas vineyard real estate: 1031 Exchange - 03/03/08 12:34 PM
Over the years I have had several clients participate in a 1031 exchange when purchasing a home on the Vineyard. A client sells an investment property in one location and exchanges it for an investment property on the Vineyard while deferring taxes from the first sale via a 1031 exchange. There … (1 comments)
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marthas vineyard real estate: This weeks sold listings - 02/22/08 09:52 AM
There are several familiar faces (re-listed properties) in this listings weeks update. We have several good values under $599K. Most of this weeks sales were properties that had been on the market for some time and had recently seen significant price reductions.
and - NEWMAN-LIMATA - Edgartown - $325,000 Sold for … (0 comments)
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marthas vineyard real estate: Family Compounds - 02/18/08 02:18 PM
I had a thought about a few properties that recently came on the market on Martha's Vineyard. I am looking at them as groups that are currently all available for sale. I do not think I ever seen this opportunity before. By adding three properties together, the options for multi-structure family … (0 comments)
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marthas vineyard real estate: Clients and Prices - 02/16/08 05:49 PM
I am pleasantly surprised with the surge of people visiting the island this weekend not to mention the e-mails and phone calls. Maybe sellers have finally realized what Exclusive Buyer Agents have know for a long time. Prices were just way to high. As new listigs come on the market at … (0 comments)
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marthas vineyard real estate: This Weeks Sold Listings - 02/15/08 08:38 AM
These are the weekly sales repoerted by LINK (local MLS). It continues to be a busy month on the Island. Buyers are to be ready to take advatnage of a buyers market on the Island.
Aquinnah - $985,000 Sold for $888,000View here-> BROGGI PropertyVineyard Haven - $1,475,000 Sold for $1,200,000View here-> PTJ … (0 comments)
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marthas vineyard real estate: What you get for your money on Martha's Vineyard. - 02/12/08 09:23 AM
I have put together a variety of listings priced under $450K. This is considered the "starter" end of the market on the Island. Most of the homes we see in this price range are condos. There are some smaller single family homes also. We are seeing more quality offerings than ever … (0 comments)
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marthas vineyard real estate: This Weeks Sold Properties - 02/08/08 09:47 AM
These are the weekly sales repoerted by LINK (local MLS). It has been a busy month on the Island. New homes in great condition are attracting the most attention. Fixer uppers are still the slowest to sell. Buyers are to be ready to take advatnage of a buyers market on the … (0 comments)
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marthas vineyard real estate: This Week Sold Properties - 02/01/08 01:58 PM
Edgartown - $375,000 Sold for $375,000
View here-> SHEEDY Property
Edgartown - $649,700 Sold for $600,000
View here-> SEN Property
Edgartown - $665,000 Sold for $635,000
View here-> GOLDBERG Property
Edgartown - $1,199,000 Sold for $1,307,500
View here-> ARGERSINGER/LEWIS Property
Vineyard Haven - $399,000 Sold for $300,000
View here-> HAKEY Property
Vineyard Haven - $950,000 Sold for $925,000
View here-> WOOD … (0 comments)
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marthas vineyard real estate: Bank Owned Opportunity - 02/01/08 01:56 PM
A great Opportunity.
This is an interesting listing that just came on the market. A bank owned property in West Tisbury for $542,000. This home is located in Vineyard Meadow Farms close to Long Point Beach, there is usually room for negotiation with these bank owned properties. This one is already … (0 comments)
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marthas vineyard real estate: Where do we go from here? - 02/01/08 12:44 PM
Our clients continue to ask opinions on where the market and interest rates are headed. From my vantage point, we are looking at another cut in March of the rate at which the FED loans funds. This would bring the rate down to 2.5%. That is still not as low … (4 comments)
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marthas vineyard real estate: This Weeks Sold Properties - 01/29/08 09:46 AM
Here is a round up of this weeks sales. The Edgartown property was a great newer contemporary home it generated four offers in the end, I think a quick close took it over best price offered. Hakala was a commercial listing, a restaurant in Vineyard Haven and Luckey was a historic … (0 comments)
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marthas vineyard real estate: Hot of the Wire... - 01/25/08 02:06 PM
This one is hot of the wire. Wonderful custom built home situated on over an acre. I love this house, it is close to Lake Tashmoo and the village of Vineyard Haven. The grounds are extensively landscaped, the interior is a post and beam style home. It has a full basement, … (0 comments)
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marthas vineyard real estate: New Katama listing, guest house possible - 01/25/08 01:12 PM
I previewed this new listing in Katama recently. Located in popular Edgartown Estate, it is close to the bike path, about 1.5 miles from South Beach and town. This neat little contermporary is situated on a half acre lot. Per the listing broker it is possible to build a guest house … (0 comments)
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marthas vineyard real estate: A Buyer's Market - 01/24/08 09:25 PM
Now is a great time to be looking for property on Martha's Vineyard. We have a Buyer's market with many excellent values, many homes have seen price reductions and may still have some room for negotiation. Rates are at levels we have not seen in years. There was no shortage of … (0 comments)
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marthas vineyard real estate: A Buyer's Market - 01/24/08 09:23 PM
Now is a great time to be looking for property on Martha's Vineyard. We have a Buyer's market with many excellent values, many homes have seen price reductions and may still have some room for negotiation. Rates are at levels we have not seen in years. There was no shortage of … (0 comments)
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marthas vineyard real estate: Homeowners Insurance - 01/24/08 08:30 PM
Over the past several years many majors insurers have retreated from coastal communities all over the US, including the Cape and Islands. Homeowners are left with the State Fair Plan as the only source of home insurance. One client recently commented that "he did not realize life on the Vineyard was … (0 comments)
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marthas vineyard real estate: Going Green on MV - 01/24/08 07:58 PM
Vineyarders' have always prided themselves on their concern for the environment. Two new trends that have people buzzing about are geothermal energy and alternative heating. Both of these forms of heat have their enthusiasts on the Island. To read more about how they work click on the following links.
Geothermal Energy
Vineyard Alternative … (0 comments)
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marthas vineyard real estate: Conforming to What? - 01/24/08 04:49 PM
Our friends in Washington seem to think raising conforming loans to $625,000 and up is a way to handle the current "crisis". I am not convinced. The conforming amount for Martha's Vineyard will probably be $700,000. The fixed rate will end up below 6% maybe as low as 5.25% before all … (0 comments)
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marthas vineyard real estate: What about the slide? - 01/23/08 05:08 PM
Last Thursday Ben Bernanke announced his intention to recommend a further cut in the prime rate charged to banks. My market currently has 20% fewer listings this winter than last. Interest rates had been declining for a week prior to that announcement and have continued the slide possibly in anticipation of … (1 comments)
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marthas vineyard real estate: The Rates they are a'falling - 01/23/08 04:44 PM
I just had a phone call from a mortgage broker. His rates have dropped tonight to 5.25 for conforming loans. Their re-fi's have spiked over 30%. This is activity and rates not seen since mid 2005. I expect another rate reduction at the scheduled FED meeting, possibly another 1/4 point. If … (6 comments)
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marthas vineyard real estate: Most recent sales on Martha's Vineyard - 01/22/08 07:25 PM
This Weeks Sold Properties
Chilmark - $2,950,000 Sold for $2,500,000View here-> TL HOLDINGS PropertyEdgartown - $695,000 Sold for $640,000View here-> MEISSNER PropertyEdgartown - $1,275,000 Sold for $1,163,000View here-> BRYANT PropertyOak Bluffs - $529,000 Sold for $487,075View here-> NK REALTY TRUST PropertyOak Bluffs - $550,000 Sold for $537,500View here-> CARSON PropertyOak Bluffs - … (0 comments)
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marthas vineyard real estate: New Listing Buzz... - 01/22/08 01:44 PM
This morning I previewed this new listing in Edgartown. It is situated in exclusive Kittsfield, walk to town and the harbor. This house comes fully furnished, it has five bedrooms and four baths. A really fabulous home in great condition and it probably has about $100K worth of furniture etc. included … (0 comments)
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marthas vineyard real estate: Fed Cuts Rate to 3.5 percent, a 0.75% Drop - 01/22/08 01:42 PM
Bloomberg reports: Fed Cuts Rate to 3.5% in First Emergency Action Since 2001, Citing Economy The Federal Reserve cut the benchmark interest rate by three quarters of a percentage point, its first emergency reduction since 2001, after stock markets tumbled from Hong Kong to London amid increasing signs of a U.S. … (0 comments)
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marthas vineyard real estate: Mortgage Rates Drop to Lows of September 2005 - 01/18/08 10:22 AM
Emails announcing mortgage interest rate reduction's came pouring into the office today. The average for a 30 year fixed mortgage under $300K seemed to average between $5.5-5.75%. Jumbo mortgages were a respectable 6.875-7.25% considerably lower than this past August when they were anywhere from 8-9% or more. Click here read … (0 comments)
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marthas vineyard real estate: What every buyer should know before beginning their search for a home..... - 01/18/08 10:21 AM
What is Exclusive Buyer Agency? The following definition of Buyer Agency appears on the Massachusetts Mandatory Agency Disclosure Form "A buyer can engage the services of a real estate agent to purchase property and the real estate agent is then the agent for the buyer who becomes the agent's client. This … (0 comments)
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marthas vineyard real estate: What is it going to take to get the Martha's Vineyard real estate market rolling again? - 11/29/07 03:57 PM
There is one thing for sure, wishful thinking is not working. Neither is the constant stream of anemic price reductions week after week. How about those incentives and broker bonuses? You know what I'm talking about; the three-year old Range Rover in the driveway, the 24' sailboat, a 60" LCD TV, … (0 comments)
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marthas vineyard real estate: Island Escapes Mortgage Crisis - 11/19/07 09:44 AM
Vineyard Bankers Say Mortgages Stay at Home for Most Part; But Telephones Are Ringing From National MeltdownYour mortgage is safe if you borrowed locally, and credit-worthy customers can obtain a local mortgage as easily as last year, Vineyard bankers said this week.
Full Story
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marthas vineyard real estate: Martha's Vineyard Real Estate - 11/19/07 09:27 AM
It's A Buyers Market. So, When Are You Going to Buy? The Buyer's market on Martha's Vineyard continues with many excellent values. In many cases, listed prices have not been reduced but sellers seem very negotiable. We receive calls almost everyday saying: "Please, just bring us an offer; any offer." Mortgage … (0 comments)
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marthas vineyard real estate: May Market Statistics - Martha's Vineyard, Massachusetts - 07/24/07 08:41 AM
Following is our standard monthly market summary showing that the amount of available inventory increased from April to May while the number of sales declined. This is consistent with a recent report on Martha's Vineyard Land Bank revenues as published in an article featured in the Vineyard Gazette. In general, we agree … (0 comments)
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marthas vineyard real estate: The Real Estate Shell Game - 07/18/07 01:03 PM
By Peter C. Fyler with editorial input from Jon Boyd, 2007 President, National Association of Exclusive Buyer's Agents© 2007 SplitRock Real Estate, LLC
I'm an exclusive buyer agent on Martha's Vineyard and my job is representing buyers; that's it plain and simple. I have no allegiance or responsibility to sellers beyond the … (0 comments)
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marthas vineyard real estate: Katama Bay Waterfront, Martha's Vineyard - 07/13/07 01:41 PM
KATAMA BAY WATERFRONT ~ Nearly 15 acres with 410' of waterfront... there are several potential building sites fronting the Bay that will provide spectacular views to the south... the westerly portion of the land is a magnificent meadow, open and unrestricted... a walkway has been built and a shared dock is … (0 comments)
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marthas vineyard real estate: Chappaquiddick Waterview and Walk to Beach ~ Martha's Vineyard - 07/05/07 01:28 PM
Spectacular location with outstanding views over Dow's Pond, Chappaquiddick to Katama Bay and the Atlantic and just a short walk to access on the Bay... An older and totally charming cottage, reminiscent of summers past, so comfortable and in good condition so ready to enjoy in summer present... $850,000
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marthas vineyard real estate: Edgartown Village, Martha's Vineyard, Massachusetts House for Sale ~ $3,750,000 - 06/22/07 10:02 AM
Built in 1895 for the wife of a sea captain... completely renovated in 2003 with a new foundation, systems and amenities... the grand entry, original staircase and much of the character remains... multiple living areas on three floors, master suite and four guest rooms... Guest cottage, built in 1995, is completely … (0 comments)
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marthas vineyard real estate: Katama, Edgartown, Martha's Vineyard, Massachusetts House For Sale $1,250,000 - 06/20/07 01:56 PM
A much sought after location offering private access to Katama Bay with beach and docking facilities... an older contemporary style home with open living space, high ceilings, lots of light... two 1st floor bedrooms and the master bedroom on the 2nd floor... attached 2 car garage with unfinished area above offers … (0 comments)
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marthas vineyard real estate: Buying A Home On Martha’s Vineyard Should Be Fun - 06/15/07 06:11 AM
House hunting on Martha's Vineyard can be fun, and I make sure it is fun. However, I find many buyers new to the market get caught up in things that are irrelevant while failing to consider what's really important. They may base their decision on a Japanese Maple tree in the … (0 comments)
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marthas vineyard real estate: April Market Statistics - Martha's Vineyard Island - 06/11/07 11:44 AM
Monthly Market Update - The island has been gradually building to the 2007 summer season opening on Memorial Day weekend. We're very pleased to say that the activity level to date has far exceeded that of last year.
However, while the activity level is far beyond our expectations, thus far, the … (0 comments)
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marthas vineyard real estate: All Real Estate Is Local, but that has not been the perception? - 04/23/07 11:36 AM
In David Lereah's new book, "All Real Estate Is Local", he references the investment mistakes his Grandpa made by listening to the national news instead of paying attention to "local influences and activity" He goes on to say, "Whatever the national trends are with regard to real estate - whether they … (0 comments)
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marthas vineyard real estate: Have We Seen the Last of Real Estate Markdowns? - 01/03/07 01:21 PM
I realize the Boston market is not Martha's Vineyard, so the demographic ingredient of people moving out of Massachusetts doesn't affect our market. However, I think you will find the speculative forecasts given by three diverse professionals -- an economist, an architect and a real estate broker, to be interesting. (Click … (0 comments)
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marthas vineyard real estate: A Look Back at the Real Estate Market on Martha’s Vineyard. - 01/03/07 01:18 PM
Now that 2006 is just a memory, and for some not a very pleasant memory, we look forward to what 2007 holds in store. Will it be more of the same or a better year for real estate and the economy? Employment still remains high and unemployment benefit claims have been … (0 comments)
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marthas vineyard real estate: Martha’s Vineyard REALTOR® earns Resort & Second-home Property Specialist designation - 01/03/07 01:01 PM
Peter C. Fyler, REALTOR® Broker/Owner of SplitRock Real Estate, LLC, and an Exclusive Buyer Agent with 20 years of fulltime experience in the Martha's Vineyard real estate market has earned the designation of Resort & Second-home Property Specialist. As one of the first 250 REALTOR® members nationally to earn the designation … (1 comments)
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marthas vineyard real estate: High End Home Improvements - 11/07/06 10:26 AM
Here on Martha's Vineyard there's been a plethora of so-called high end home renovation and new construction projects. Builders and speculators think they know the bling-bling it takes to attract affluent buyers, but are they really up to speed on the most current trends? The majority of homes I see apply these … (0 comments)
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marthas vineyard real estate: Not all housing markets are created equal and Martha’s Vineyard is one of them. - 11/06/06 07:11 AM
We’ve been hearing about the real estate market leveling off at the beginning of 2007, but I still think we have a little further to go before we turn around. Prior to what I believe was a media induced market decline, I was a firm supporter in the idea that Martha’s … (3 comments)
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