Edgartown developer Michael Hegarty and Mark Nicotera of Trademark Services LLC submitted proposals to renovate and lease the Yellow House on Main street in Edgartown.

Tax collectors on Martha’s Vineyard are busier than usual as taxpayers rush to prepay property taxes before the end of the year. The reason is the new federal tax regulations.

Not up, not down and no clear road signs for the future. As the calendar year draws to a close, that’s the main story of the Island real estate market.