Outer Banks Real Estate Update April 2009 monthly newsletter is published by Matt Huband-Broker/Owner of Hometown Realty Outer Banks featuring current real estate market conditions plus local Outer Banks news, real estate listings and more.
Outer Banks Real Estate Update-April 2009 Newsletter
1. Outer Banks Real Estate Update
www.HometownOBX.com APRIL 2009
Real Estate Update
Matt Huband
PO Box 2223 In the past two months there has
been a dramatic pickup in buyer
Kitty Hawk, NC 27949
activity on the Outer Banks!!
Office: 252-255-0221
Many buyers have decided
Cell: 252-480-9283 with current mortgage rates
Fax: 1-866-902-4479 under 5% and unbelievable deals
to be had that now is the time to
jump into the market and buy. I
Another client of mine also
Give me a call or send have been getting reports from One of my clients just closed
closed last week on this
an email to reserve your other Realtors that I am not the on this Short Sale a few days gorgeous 5bd /5 1/2bth
time to look at Outer only one on the Outer Banks ago. This Outer Banks 3000sq ft beach house, lo-
Banks Real Estate. who has been busy. The Outer beach house is 5bd /5 1/2bth cated in Duck, built in 2001
Banks market is definitely on the 3000sq ft built in 2003 located in
fully furnished with a pool,
Get the latest real estate upswing. While the majority of Nags Head plus the house came
hot tub, and game room and
and local news updates the activity has been below fully furnished with a pool, hot
generated over $55,000 in
with my weekly $500,000 the deals in the upper tub, elevator, game room, and rental income. To top it all
podcast. Go to my price ranges are so good many of you can walk to the beach!. off the beach is only a few
website to subscribe. those listings are starting to The tax value on this house is lots away!! The tax value on
It’s easy & FREE!! move as well. $639,200 and was originally
this house is $999,800 and
listed for $803,000 in 2007.
was originally listed for
Here are two examples of the My clients were able to get the
$995,000 in 2008. My client
great deals my clients recently house for $570,000!!! was able to buy this house for
got on the Outer Banks.
$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!!
Mid-County Currituck Bridge Update
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
Outer Banks Weather currently taking place and the projects lead
contractor has been selected.
April
Currently there are 3 different proposed
Maximum 69F
Temperature routes on the table for the NCTA to choose
from. The NCTA plans to have the final route
Minimum 51F approved by the end of 2009/early 2010.
Temperature
For many Outer Banks residents and tourists
Water 59F
that get caught up in the Saturday/Sunday For more information about the
Temperature
turnover this bridge will hopefully eliminate
Mid-Currituck Bridge click on the map
most traffic delays. Expected completion of
Precipitation 3.1 in
the bridge is slated for 2013. Keep your fingers
crossed that it’s done on time!!
Wind 14 mph
All information in this newsletter is deemed reliable but not guaranteed.
2. Outer Banks Upcoming Events
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.
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
Local Outer Banks News
ALERT!! 7th Annual Outer Banks Bike Week-April 23-26
Don’t Speed On The Bridge!! Bike Week 2009 is almost here and now is the time to
I wanted to let everyone know that the local and make your plans. Over the last few years bike week on the
State Police have been sitting at the base of the Outer Banks has drawn thousands of bikers from all over
Wright Memorial Bridge as you come onto the the country. This year should be no exception. If you are a
Outer Banks. They will be there during the day biker, riding on the Outer Banks offers some of the best
and especially at night. When you come across the scenery on the east coast. Even if you are not a biker just
being here during bike week is an awesome experience. I
bridge do not speed! No one wants to start their
personally love to go around to just look at some of these
vacation or weekend trip to the Outer Banks with a
incredible machines.
speeding ticket.
There will be tons of activities all over the Outer Banks!!
DON’T DRINK & DRIVE anywhere on the
Outer Banks. If you get caught not only will
For more information go to
you get the dreaded DUI but your name
www.outerbanksbikeweek.com
and hometown will be printed in the local
paper!!
All information in this newsletter is deemed reliable but not guaranteed
3. Talk To A Lender
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.
Outer Banks
I recommend the following mortgage lenders: “The Exceptional Exception”
From Corolla to Hatteras
Joey Barrow-Metrocities Mortgage
Matt Huband
252-353-6400
Or
252-255-0221 Ext 2
252-207-4439
MattHuband@HometownOBX.com
Linda Barber-Wells Fargo www.HometownOBX.com
252-441-7610
Or
Call or email me today to set up your visit to the
800-407-8746
Outer Banks and find your beach house!!
Let Joey or Linda know that I gave you their name
and they will take good care of you!!
Current Listings
Nags Head Kitty Hawk Kill Devil Hills Rodanthe
Hatteras
5Bd/5 Bth plus 2 1/2 Bth Duplex with separate 4Bd/2Bth 3Bd/2Bth 5Bd/5 1/2 Bth
3100 Sq Ft entrances, 3 lots to 1437 Sq ft 1400 Sq Ft 1 Lot to beach
$599,000 the beach!! $469,999 $235,000 $639,999
MLS#54526
$950,000 MLS#58645 MLS#56506 MLS#60289
Call for information Classic Ocean Front Short Sale!!
SHORT SALE!!
Great Rental Income SHORT SALE!! JUST LISTED
Click On Click On
The Pictures For The Pictures For
More Information More Information
All information in this newsletter is deemed reliable but not guaranteed.