MARTHA'S VINEYARD REAL ESTATE and homes for sale on the Island of Martha's Vineyard, including Oceanfront and Waterfront Properties. Fred Roven, Emma Kennedy and Diana Gilmore, REALTOR® REALTOR Logo - NUMBER1EXPERTS™ NUMBER1EXPERT Logo We have Marthas Vineyard property, Marthas Vineyard homes, Marthas Vineyard real estate and homes for sale on Marthas Vineyard.
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COURTERSY OF MV COMISSION 

PROFILE OF MARTHA'S VINEYARD 

Martha's Vineyard is a 100-square-mile island located seven miles off the coast of Cape Cod. Its topography, in fact its very existence, results from its location at the southern extremity, or terminal moraine, of the part of North America covered by ice during the last Ice Age. Home to the Wampanoag Tribe, it was settled by Europeans in the mid 17th century. 

Today, year-round residents, seasonal residents—many of whom own second homes—and hundreds of thousands of short-term visitors live on or
come to the Island, attracted by the unique natural, ecological, historical, cultural and scientific values that define the beauty and character of Martha's Vineyard. 

Each of the Island's towns reflects its origins: Edgartown as the home of master seamen and the seat of County government; Tisbury as the Island's gateway and market town, West Tisbury and Chilmark as agricultural villages, Aquinnah (Gay Head) as the Wampanoag tribal settlement and a fishing village, and Oak Bluffs as the first summer resort. Three-quarters of the Island's population is concentrated in the three "Down-Island" towns: Tisbury, Oak Bluffs and Edgartown, each with a busy commercial town center. Vineyard Haven in Tisbury serves as the Island's main port, seconded by Oak Bluffs in the summertime. The three "Up-Island" towns, West Tisbury, Chilmark and Aquinnah (formerly called Gay Head) are more rural in character. 

Population 




The population of the Vineyard remained relatively stable for the first half of the 20th century with a population growing from 4,397 in 1900 to 5,763 in 1960. The population began to grow dramatically in the 1970's and doubled in the last quarter of the 20th century. In the past decade, the year-round population surged by 29% compared to an average increase of only 6% in all of Massachusetts. From 1970 to 1990 the population of Martha's Vineyard has increase by over 30% each decade. As a resort area, the population changes dramatically from one season to the next. It is made up of several distinct groups: year-round residents, seasonal residents who have second homes here, visitors who come for the season, a month, a week or perhaps only a day. 

1900 1950 1960 1970 1980 1990 2000
Aquinnah 173 88 103 118 220 201 344
Chilmark 324 183 238 340 489 650 843
Edgartown 1,209 1,508 1,474 1,481 2,204 3,062 3,779
Oak Bluffs 1,100 1,521 1,419 1,385 1,984 2,804 3,713
Tisbury 1,149 1,966 2,169 2,257 2,971 3,120 3,755
West Tisbury 442 260 360 453 1,010 1,704 2,467
Total 4,397 5,526 5,763 6,034 8,879 11,541 14,901

For additional information on the Island and the local economy please visit: 

Martha's Vineyard Commission 

Martha's Vineyard Land Bank 

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Economy & Job Market




Although the year 'round population continues to increase, the economy of Martha's Vineyard is predominantly based on the tourist economy as the chart above and graph below clearly show.



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Real Estate Tips
Buyers Remorse >The Blues of Buyers

Here is an illustration of what you might go through as a homebuyer when the real estate agent calls to say that your offer has just been accepted.

Although you are ecstatic when your agent congratulates you, your initial euphoria may be short-lived if you begin to have second thoughts about the purchase. You may look at the amount of cash required for the down payment and closing costs, and feel that you won't be able to enjoy a restaurant meal or a shopping spree for months! The mortgage added to the interest payments over thirty years seems like an outrageously high sum. Finally, you stare at the inspector's report and convince yourself that the roof will blow off and every major system will fail the day after you move in. You're in a frenzy. You ask yourself, "What am I doing?"

If you begin having doubts about your home purchase, the wisest approach is simply to relax! These feelings are so common that they have been given a name--"Buyer's Remorse." "Buyer's Remorse" is almost always a temporary malady, so please call your real estate agent if you are having an extreme attack. Your agent has experience in helping clients through the home-buying jitters.

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Fred Roven, REALTOR®, real estate agents and broker for Martha's Vineyard Massachusetts home listings, property and land for sale - NUMBER1EXPERT(tm)

Fred Roven, Emma Kennedy and Diana Gilmore
Martha's Vineyard Buyer Agents

256 Edgartown Rd.
Edgartown
MA , 02539-1661
Phone: 508-627-5177
Cell: 508-662-3205
Fax: 508-627-7004
buymv@mvbuyeragents.com

What an exciting adventure you are about to begin...joining us on this very special island. We are Exclusive Buyer Agents representing Buyers only in the purchase of residential, vacation, investment, and commercial real estate on the Island of Martha's Vineyard. In addition to all the standard listings, we are able to show you foreclosures, bank owned, and For Sale By Owner properties. We walk you through the whole process, from initial conference to closing. We promote and protect your interests at all times (including anonymous purchases). We negotiate the best price and terms (remember, we are working for you, not the seller). We give you complete confidentiality. The seller will have professional representation, will you? We represent you, the Buyer, 100%.


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We have Marthas Vineyard property, Marthas Vineyard homes, Marthas Vineyard real estate and homes for sale on Marthas Vineyard.

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