The Virginia Pilot reported today that construction on the Mid-County Currituck Bridge is scheduled to begin in February or March next year. While there are still many details to work out it is seems that after 20 years the bridge will finally get built. Once completed, scheduled for 2013, the bridge will help ease the summer traffic coming onto the Outer Banks for everyone. Those tourists traveling to Corolla will save at least an hour of travel time if not more by using the bridge. For many it will be a huge sigh of relief when this bridge is finally done.
To read the article go to "Shortcut To Paradise"
About the author of this blog:
Matt Huband is Broker/Owner of Hometown Realty in Kitty Hawk, NC. Working with buyers and sellers from Corolla to Hatteras interested in foreclosures, short sales, 2nd home, investment property, new construction, and condo sales. Put Matt's extensive area knowledge to work for you.
To learn more about Outer Banks real estate go to www.HometownOBX.com or email MattHuband@HometownOBX.com
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The Outer Banks real estate market continues to put up good numbers as we head into the last quarter of 2009. For the 5th straight month the number of sold houses were over 100. If the number of sold houses continues on its current pace in October it will be 6 months in a row. Buyers are realizing that the prices and mortgage rates are just too good to pass up. Out of the 126 sold properties only 24 were either foreclosure or short sales. There are some great properties on the market that are not distressed.
There has also been an increase in higher priced homes selling in recent months. This can be attributed to mortgage rates for jumbo loans dropping and the availability of 10% down programs for 2nd homes. In my opinion, the buying environment will be extremely favorable for the next few months. Sooner rather than later mortgage rates will be going up and that is going to impact every buyer. The cost of waiting to buy can significantly impact the price of the house you can afford. The tide of the real estate market on the Outer Banks is turning!!
About the author of this blog:
Matt Huband is Broker/Owner of Hometown Realty in Kitty Hawk, NC. Working with buyers and sellers from Corolla to Hatteras interested in foreclosures, short sales, 2nd home, investment property, new construction, and condo sales. Put Matt's extensive area knowledge to work for you.
To learn more about Outer Banks real estate go to www.HometownOBX.com or email MattHuband@HometownOBX.com
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I wanted to pass along a great story that was posted in The Outer Banks Sentinelabout a local cancer survivor named Ed. I am sure everyone in America knows someone who has had cancer, both my parents are cancer survivors. Each and every person who survives cancer goes through a great amount of shock, grief, and then the torture of chemo or radiation. Like so many other survivors Ed has as a story to tell. He was able to take is own personal experience and capture it by writing a book titled"Ed ... It Was Malignant". The book talks about the struggles Ed endured and the great resources that are available that helped him get by each day. Ed now trains for the OBX Marathon which falls 1 year and 1 day from the time he was diagnosed with cancer. Ed thought it would be a great testament to all those who inspired him and to those who lost their fight to be able to finish the marathon. If you know someone who is currently battling cancer reach out to them and pass this article along.
Ed is donating a portion of the proceeds from his book to The American Cancer Society. Each and every year my family donates and takes part in the American Cancer Society's Relay For Life and I encourage everyone else to do so. To read the story go to When Cancer Called Ed
About the author of this blog:
Matt Huband is Broker/Owner of Hometown Realty in Kitty Hawk, NC. Working with buyers and sellers from Corolla to Hatteras interested in foreclosures, short sales, 2nd home, investment property, new construction, and condo sales. Put Matt's extensive area knowledge to work for you.
To learn more about Outer Banks real estate go to www.HometownOBX.com or email MattHuband@HometownOBX.com
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It's great that Corolla is finally getting a bike trail. I see so many people walking and biking along Hwy 12 and it is very dangerous. The roads are curvy with lots of blind spots so this trail will help keep the locals and tourists safe. After all the money the government has wasted over the last few years of bailouts I am glad to see that at least some of it is going to good use. Below is an article from The Daily Advance on the bike trial.
Thanks to a $500,000 state grant, Corolla residents will soon have a trail for walking, jogging and biking.
Currituck County officials announced Friday that the county has been awarded the grant by the North Carolina Parks and Recreation Trust Fund. The $500,000, combined with $500,000 in county funds, will help pay the $1 million cost of constructing a 10-foot wide, 1.2-mile paved trail in Corolla.
"We're really excited about it," said Holly White, senior planner in the Currituck Planning Department. "Right now there's nothing there, so people are riding bikes and moms are pushing strollers along the side of the road." To learn more go to Corolla Bike Trail
About the author of this blog:
Matt Huband is Broker/Owner of Hometown Realty in Kitty Hawk, NC. Working with buyers and sellers from Corolla to Hatteras interested in foreclosures, short sales, 2nd home, investment property, new construction, and condo sales. Put Matt's extensive area knowledge to work for you.
To learn more about Outer Banks real estate go to www.HometownOBX.com or email MattHuband@HometownOBX.com
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No matter when you come to the Outer Banks there always seems to be a breeze blowing. Now Mother Nature is going to work when Duke Energy plans to install 3 test wind towers off the coast of Hatteras next year. The test towers will be monitored to see how effective and what impact they will have on generating "green" electricity. If the test proves to be successful a large scale wind farm will be built approximately 7 miles off the coast of Hatteras in the Pamlico Sound. For years the state had plans to try and harness the wind that continually blows on the Outer Banks. Now with the "green" movement all the rage the timing is right. Many local and state leaders were in Hatteras last week to kick off the campaign and talk to local residents. There are already 2 wind towers on the Outer Banks, one at the Coquina Beach access and at The Outer Banks Brewing Station.
I think the project can be a great asset to the Outer Banks if done properly. Many residents on Hatteras and the Outer Banks lose power during storms. Hopefully these wind towers can provide the power needed to keep the lights on and ultimately help lower our energy bills.
To learn more about the wind tower project go to the Charlotte Observer
About the author of this blog:
Matt Huband is Broker/Owner of Hometown Realty in Kitty Hawk, NC. Working with buyers and sellers from Corolla to Hatteras interested in foreclosures, short sales, 2nd home, investment property, new construction, and condo sales. Put Matt's extensive area knowledge to work for you. To learn more about Outer Banks real estate go to www.HometownOBX.com or email MattHuband@HometownOBX.com
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