The North Carolina Turnpike Authority put out a press release this week about the 3 options they have decicded to go with for the proposed new bridge. The options include a "No Bridge" option that was just added recently. That's right they are now considering to not build the bridge and just do road improvements from the Wright Memorial Bridge all the way to Corolla. I can tell you that option is not going over well with the locals and local government. To read the article go to my blog at my website at www.HometownOBX.com or to the Mid-Currituck Bridge post directly.

Also don't forget to listen and subscribe to the Outer Banks Real Estate & Local News Podcast on iTunes or at Outer Banks Podcast. Get weekly commentary about the Outer Banks Real Estate market plus local news and happenings, IT'S FREE!!!

Prices are more affordable than ever. Lending is still strong yet the Under Writing process has definately shown evidence of learning from past mistakes. In my most recent transaction, the underwriters beat my buyers up and down and the closing date was delayed over 3 weeks. I've learned that getting a commitment letter these days doesn't come easy. But they say, nothing worth while comes easy! Currently, you can get a 2 bedroom ocean front condo for $299,000 or a 3 BR sound front condo for $250,000. Additionally, last Friday, a 2 bedroom foreclosure came on the market for $112,000. All of these are available on the Outer Banks of North Carolina! As a REALTOR, it is my duty to present these great deals to my buyers but make sure the loan they choose is one they can afford and that is a 30 year fixed. With good, solid qualification mixed in with a great deal, this is the best time to grab a great investment.

To follow up on the previous post about the prices in Duck & Corolla I wanted to show 2 recent closed transactions.

Here is an example of the great deals buyers are getting now on the Outer Banks in Duck & Corolla!!

Located in Duck 1 Lot Oceanfront

MLS#55721

5 Bedroom 4 ½ Baths

2000sq ft Built 1995

Pool & Hot Tub

Fully Furnished

$42,000 Rental Income

Originally listed on 10/05 for $1,100,000

Sold 6/12/08 for $726,500- $373,500 off original list price!!!

Tax assessment on this house was $933,700!!!!!

Located in Corolla

6 Bedroom 5 ½ Bath

3326 Sq Ft

Built 2005

Almost $50,000 in gross yearly rental income

Fully Furnished

Originally Listed $925,000 in 8/05

Sold 6/10/08 $605,000-That's $320,000 off the original list price!!!

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

Contact me for more information

Corolla Light: A Resort Village

Corolla Light Resort has 400 homes, some on or near the ocean and some on the sound, on 250 acres in Corolla, North Carolina. It's the only resort on the Outer Banks offering activities for your whole family, including an indoor Sports Center, outdoor and indoor pools, tennis, restaurants, and access to the beach.

Nearby local attractions include the famous Currituck Beach Lighthouse, The Whalehead Club, and Currituck Club Golf Course.

Our ResortQuest office is conveniently located at 1023 Ocean Trail, across the street from the Sports Center. We have many lovely vacation rental homes located in Corolla Light. Visit our website or call our reservations department, 800-688-2813, and start planning your Corolla Light vacation today!

Our "dog" homes allow two domestic, housebroken dogs with a weight limit of 75 pounds each, unless otherwise noted within the home's description. Browse our "Dogs Welcome" homes.

Headed to the beach? Bring your furry friend! A day at the beach can be an enjoyable time for both pets and their owners. Please be courteous and clean up after your pet. All pet waste must be collected immediately and deposited in appropriate containers. If you are headed to the beach, please be aware of the Outer Banks local leash / pet laws.

What could be better than taking your best friend to the beach with you to enjoy a nice day by the water? Whether you're playing catch, swimming in the ocean or running along the shore, the beach can be fun and rewarding for both pets and their owners. However, while the Outer Banks offers many hours of fun for all, please be aware that a day at the beach could put your dog at risk for some of the following situations. Follow these helpful hints to ensure the safety of your dog while playing at the beach.

There are a variety of places on the Outer Banks to take your dog should he or she need first aid, grooming, boarding, or any kind of veterinary care. Each has a compassionate staff ready to serve you...and your dog.

A number of great sites allow your furry companion to come along. Check out our list for some ideas on ways to get out and explore the beautiful Outer Banks with your best friend.

Come visit us soon on the beautiful Outer Banks of North Carolina, and bring your best friend!!