After a turbulent decade in the housing market, the Martha’s Vineyard Land Bank is reporting a second relatively flat year of revenue, perhaps indicating that the market is climbing onto steadier ground.
Land bank executive director James Lengyel said this week that revenues are expected to be down about seven per cent for fiscal year while transactions are up about three per cent.
“The numbers speak for themselves,” Mr. Lengyel said, calling them “essentially flat.”
The five women range in age from 66 to 84, and their goal is to hike every single one of the Martha’s Vineyard Land Bank walking trails. Thus far they have checked off twenty of them, even repeating a few favorites.
Last Sunday the women allowed this reporter to join their hike. We met at 9 a.m. in the parking lot of the Up-Island Cronig’s. The temperature that morning was 29 degrees.