Mid-County Currituck Bridge Update

In the past two months there has

been a dramatic pickup in buyer

activity on the Outer Banks!!

Many buyers have decided

with current mortgage rates

under 5% and unbelievable deals

to be had that now is the time to

jump into the market and buy. I

have been getting reports from

other Realtors that I am not the

only one on the Outer Banks

who has been busy. The Outer

Banks market is definitely on the

upswing. While the majority of

the activity has been below

$500,000 the deals in the upper

price ranges are so good many of

those listings are starting to

move as well.

Here are two examples of the

great deals my clients recently

got on the Outer Banks.

One of my clients just closed

on this Short Sale a few days

ago. This Outer Banks

beach house is 5bd /5 1/2bth

3000sq ft built in 2003 located in

Nags Head plus the house came

fully furnished with a pool, hot

tub, elevator, game room, and

you can walk to the beach!.

The tax value on this house is

$639,200 and was originally

listed for $803,000 in 2007.

My clients were able to get the

house for $570,000!!!

Outer Banks Real Estate Update

Matt Huband

PO Box 2223

Kitty Hawk, NC 27949

Office: 252-255-0221

Cell: 252-480-9283

Fax: 1-866-902-4479

April

Maximum

Temperature

69F

Minimum

Temperature

51F

Water

Temperature

59F

Precipitation 3.1 in

Wind 14 mph

Outer Banks Weather

Real Estate Update

APRIL 2009 www.HometownOBX.com

All information in this newsletter is deemed reliable but not guaranteed.

A few weeks ago the NC Turnpike Authority announced the Mid-County Currituck Bridge is scheduled to begin construction in the fall of 2010. Final preparation for the project is currently taking place and the projects lead contractor has been selected. Currently there are 3 different proposed routes on the table for the NCTA to choose from. The NCTA plans to have the final route approved by the end of 2009/early 2010. For many Outer Banks residents and tourists that get caught up in the Saturday/Sunday turnover this bridge will hopefully eliminate most traffic delays. Expected completion of the bridge is slated for 2013. Keep your fingers crossed that it’s done on time!!

Give me a call or send

an email to reserve your

time to look at Outer Banks Real Estate.

Get the latest real estate

and local news updates

with my weekly

podcast. Go to my website to subscribe.

It’s easy & FREE!!

Another client of mine also

closed last week on this

gorgeous 5bd /5 1/2bth

3000sq ft beach house, lo-

cated in Duck, built in 2001

fully furnished with a pool,

hot tub, and game room and

generated over $55,000 in

rental income. To top it all

off the beach is only a few

lots away!! The tax value on

this house is $999,800 and

was originally listed for

$995,000 in 2008. My client

was able to buy this house for

$750,000!!!

There are more incredible deals like these all over the Outer Banks, in all price ranges!!

Don’t miss out on this opportunity!! It's a great time to be a buyer!!

For more information about the

Mid-Currituck Bridge click on the map

Outer Banks Upcoming Events

Local Outer Banks News

All information in this newsletter is deemed reliable but not guaranteed

ALERT!! Don’t Speed On The Bridge!!

I wanted to let everyone know that the local and State Police have been sitting at the base of the Wright Memorial Bridge as you come onto the Outer Banks. They will be there during the day and especially at night. When you come across the bridge do not speed! No one wants to start their vacation or weekend trip to the Outer Banks with a speeding ticket. DON’T DRINK & DRIVE anywhere on the Outer Banks. If you get caught not only will you get the dreaded DUI but your name and hometown will be printed in the local paper!!

March 27 - April 4

Land of Beginnings Festival

Various entertaining activities throughout the festival celebrate the history, culture, and people of the Outer Banks. Events include

Living Legend Community Luncheon, Children’s Fun Faire, Story Telling, Black & White Ball and more. (252) 473-2127 or

thelostcolony.org

April 10 Easter EGG-stravaganza

1 p.m. to 3 p.m. Join the Easter Bunny & the Currituck Duck for the Easter Egg-stravaganza with an Egg Hunt (bring your own basket); Duck Pond & Bunny Petting Zoo; Face Painting; Coloring and Temporary Tattoos; Jellybean Counting

Contest; Rock Climbing Wall; Bake Sale, Snow Cones & Popcorn; Fabulous Prizes! Admission & Parking is free. For more

information call (252) 453-9040.

April 11 Kitty Hawk Kites Annual Easter Eggstravaganza

Kitty Hawk Kites, Nags Head. 11 a.m. - 1 p.m. Largest Easter Egg Hunt in the Outer Banks! Over 2,000 candy and toy-filled eggs to be collected. Chalk coloring contests, kite making, games and surprise visits from Wil-Bear and friends.

(252) 441-4124, (877) FLY-THIS or kittyhawk.com

April 18 Tour de Cure Cycling Event

Outdoor Pavilion, Roanoke Island Festival Park. A benefit for the American Diabetes Association. A 100-mile ride from Chesapeake, VA to Roanoke Island Festival Park where participants will end their fundraising journey. (757) 455-6335,

Ext. 3276 or (888) DIABETES, Ext. 3281.

7th Annual Outer Banks Bike Week-April 23-26

Bike Week 2009 is almost here and now is the time to make your plans. Over the last few years bike week on the Outer Banks has drawn thousands of bikers from all over the country. This year should be no exception. If you are a biker, riding on the Outer Banks offers some of the best scenery on the east coast. Even if you are not a biker just being here during bike week is an awesome experience. I personally love to go around to just look at some of these incredible machines.

There will be tons of activities all over the Outer Banks!!

For more information go to

www.outerbanksbikeweek.com

May 9 26th Annual Yuengling Nags Head Woods 5K & Village Realty 1 Mile Family Fun Run

Nags Head Woods Run Poster

May 15 - 18 37th Annual Hang Gliding Spectacular

Jockey’s Ridge State Park & Jockey’s Ridge Crossing, Nags Head. Hang gliding professionals from all over the world come to compete and have fun on Jockey’s Ridge State Park. Rock climbing wall, hang gliding simulator, kite making, face

painting and a visit by Wil-Bear Wright. (252) 441-4124, (877) FLY-THIS or kittyhawk.com

Matt Huband

Current Listings

All information in this newsletter is deemed reliable but not guaranteed.

“The Exceptional Exception”

From Corolla to Hatteras

Outer Banks

Talk To A Lender

252-255-0221 Ext 2 MattHuband@HometownOBX.com

www.HometownOBX.com

Call or email me today to set up your visit to the

Outer Banks and find your beach house!!

Call a lender today to see how affordable owning a beach house has become. In about 15 minuets you can get payment options and pre-qualified.

I recommend the following mortgage lenders:

Joey Barrow-Metrocities Mortgage 252-353-6400

Or 252-207-4439

Linda Barber-Wells Fargo

252-441-7610 Or

800-407-8746

Let Joey or Linda know that I gave you their name and they will take good care of you!!

Kitty Hawk

4Bd/2Bth

1437 Sq ft

$469,999

MLS#58645

Classic Ocean Front

Great Rental Income

Kill Devil Hills

3Bd/2Bth

1400 Sq Ft

$235,000

MLS#56506

SHORT SALE!!

Hatteras

5Bd/5 Bth plus 2 1/2 Bth

3100 Sq Ft

$599,000

MLS#54526

SHORT SALE!!

Nags Head

Duplex with separate

entrances, 3 lots to

the beach!!

$950,000

Call for information

Click On

The Pictures For

More Information

Click On

The Pictures For

More Information

Rodanthe

5Bd/5 1/2 Bth

1 Lot to beach

$639,999

MLS#60289

Short Sale!!

JUST LISTED