Emma's Blog

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 real estate base...

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 Vineyar...

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 follow...

This Weeks Sold PropertiesChilmark - $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 ...

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. ...

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...

The Martha's Vineyard Land Bank was created in 1986.  The Land Bank buys and conserves open space, including beachfront properties on the Island . Many of these properties are open to the public.  Funding for the M V Land Bank back comes from a 2 percent fee that is applied to every real estate ...

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...

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 cli...

We have several interesting options this week.  There is a new condo development overlooking the Edgartown Golf Course, prices start at $1.75 million.  In-town Edgartown we have new construction, a traditional Greek revival home priced at $2.86mil.  For those looking for a commercial property we ...