Outer Banks Real Estate Update-April 2009 Newsletter


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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.

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Outer Banks Real Estate Update-April 2009 Newsletter

  1. 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. 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. 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.