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When There Are No Comparables09.08.2026

Bill Steigerwaldt
What Bill Steigerwaldt Has Learned About Land and Value Over a 40-Year Appraisal Career Bill Steigerwaldt learned to value land long before he learned to appraise it. His father became a forester in Michigan in the 1940s. After a decade as a forester for the State of Wisconsin, he struck [...]

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$37.5 Million Sale Marks Highest Residential Sale on Martha's Vineyard

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LandVest | Christie’s International Real Estate is pleased to announce the record-breaking sale of 48 Witchwood Lane in Edgartown, which closed at $37.5 million, setting a new benchmark for the highest recorded residential sale in Martha’s Vineyard.  

The landmark transaction, alongside the closing of 81 South Water Street at $17.25 [...]

Cape Cod | Massachusetts | High-End Market Watch, First Half 2025

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At the end of the second quarter, the high-end inventory of listings, active and pending, was up by 21% to a record318 listings compared to 263 last year and the previous record of 271 listings in 2016.

Middlesex County | Massachusetts High-End Market Watch, First Half 2025

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HIGH-END $2,000,000+ MARKET HIGHLIGHTS

  • Inventory up 12% (Record 514 vs record 458 last year).
  • Sales up 23% (Record 423 vs record 345 last year).
  • Top Sale: $10,500,000, 10 Appleton Street, Cambridge.
  • Buyers and sellers continue to increase their activity resulting in record inventories and sales.
  • As usual, special properties, expertly presented, reaching out to a broad market with a strong value proposition, will have a competitive
  • [...]

Second Quarter Sentiment: Way to Go, America!

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Last quarter, I introduced the LandVest Economic Index, as a measure of how well our economy was performing. The index is a scaled measure of unemployment, GDP growth, and inflation. I plotted the index against the University of Michigans survey on consumer sentiment and found that at the end of this year's firstquarter,

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Is New England a Buyer's Market?

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More Homes For Sale, But Location Matters

An eventful first half of 2025 is in the books, and weve seen U.S. housing inventory continue to climb towards pre-pandemic levels. The current number of houses for sale trails 2017-19 levels by about 11% but its grown, year over year, for 20 consecutive [...]

Annisquam: A Hidden Gem on Massachusetts' North Shore

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Perched on the northern edge of Gloucester, Massachusetts, Annisquam feels like a village where time slows down. With its clapboard homes, winding lanes, and views that stretch from quiet coves to the open sea, it offers a glimpse of coastal New England as it was, and, in places like this, still is. Far from the well-trodden tourist paths [...]

Our Economy has a Self-Esteem Problem

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We measure our economy in many ways, such as employment, inflation and GDP. We also measure consumer sentiment. In theory, there should be some correlation between the two, and there is. However, the relationship is surprisingly low when it comes to periods of inflection. Recently Ive become curious about how we feel, as consumers in the [...]

Q1 Expectations Exceeded:

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Economic uncertainty and volatile financial markets didnt slow what turned out to be a fast start to 2025. During Q1 LandVests new listings, and total available listings, were both considerably higher compared to the same time last year. Our inventory has been growing steadily and will continue to rise in the coming weeks when warmer [...]

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