The number of homes sold on the Vineyard in 2024 fell to its lowest point in over a decade, highlighting the effects of rising prices, high interest rates and a persisting hangover from the Covid real estate boom.
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A new subdivision plan in Edgartown could help Islanders who make too much money to qualify for affordable housing but don’t earn enough to afford the Vineyard’s sky high real estate prices. 
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Island real estate brokerage firm Tea Lane Associates is aiming to expand its reach in the global luxury market by partnering with Forbes’s Global Properties, a network of international brokers.
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