Seven miles off the coast of Massachusetts, Martha’s Vineyard entered the popular imagination around 1993 when then-President Clinton and family vacationed at the home of his friend Vernon Jordan. President Obama has twice vacationed on the island since he took office. The vineyard is now a full-fledged international destination. Modest summer homes have been replaced by massive luxury manses, but local officials have wisely decreed that 2% of every real estate sale go to a land bank that buys up and preserves open spaces. You can’t go wrong buying into Chilmark or Edgartown. Chilmark prices:
Median 2009: $1.34 million
Median 2010: $1.35 million
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