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 fiscal year ends Saturday.