Sunday, January 31, 2010

Local Blogger Wins Trip to the Olympic Games

A 19 year old college student from McKinney, Texas is getting the opportunity of a lifetime.





A 19 year old college student from McKinney, Texas is getting the opportunity of a lifetime.

Local Blogger Olympic Bound
WATCH Local Blogger Olympic Bound
Dylan Derryberry, a student at Colorado Mountain College is well-known in the blogosphere. He has made a mark at his college as a video blogger.

"I've lube wrestled, cross dressed, gone to goofy dances," Derryberry said.

His blog turned heads at Microsoft when he entered a blogging contest and won, beating out hundreds of other bloggers.

Derryberry won an all-expenses paid trip to Vancouver, a press pass and the technology to make his blog better than ever.

"I didn't think I would win in a million years, but here I am!" Derryberry said. "It's an amazing adventure and I couldn't be more grateful."

You can follow Dylan at www.officewintergames.com


Source: NBCDFW.com

TEXAS HOME FORECLOSURE RATES LESS THAN NATIONAL AVERAGE

AUSTIN (Austin Business Journal) – RealtyTrac’s annual foreclosure report, released yesterday, revealed Texas metro rates to be under the national average of 2.21 percent.

Austin and Round Rock area foreclosure rates increased 39.5 percent between 2008 and 2009. About 1.25 percent of all housing units, or one in every 80 homes, foreclosed last year, and 8,002 homeowners filed. This was an increase of 54.6 percent from 2007. Of the 203 metros ranked nationwide for foreclosures, the area was ranked 117th.

Dallas–Fort Worth ranked 94th with a 1.5 percent foreclosure rate, and Houston was 111th with 1.3 percent of its area homes foreclosed upon. San Antonio ranked 109th in RealtyTrac’s report, with a 1.31 percent foreclosure rate.

McKinney Foreclosures

TEXAS HOME FORECLOSURE RATES LESS THAN NATIONAL AVERAGE

AUSTIN (Austin Business Journal) – RealtyTrac’s annual foreclosure report, released yesterday, revealed Texas metro rates to be under the national average of 2.21 percent.

Austin and Round Rock area foreclosure rates increased 39.5 percent between 2008 and 2009. About 1.25 percent of all housing units, or one in every 80 homes, foreclosed last year, and 8,002 homeowners filed. This was an increase of 54.6 percent from 2007. Of the 203 metros ranked nationwide for foreclosures, the area was ranked 117th.

Dallas–Fort Worth ranked 94th with a 1.5 percent foreclosure rate, and Houston was 111th with 1.3 percent of its area homes foreclosed upon. San Antonio ranked 109th in RealtyTrac’s report, with a 1.31 percent foreclosure rate.

McKinney Foreclosures

Thursday, January 28, 2010

1,000 Texas Tax Credit Claims Flagged for Possible Fraud

DALLAS (Dallas Morning News) – Nearly 1,000 first-time homebuyer tax credit filings in Texas have been flagged for possible ill-use of a taxpayer identification number primarily used by illegal immigrants, who are not entitled to the credit.

This number represents nearly one-third of the 3,200 suspicious homebuyer tax credit claims submitted by noncitizens around the country, the total of which are valued at $20.8 million, according to the U.S. Treasury Department.

Russell George, the Treasury inspector general for the tax administration, said that involvement of third-party preparers in some questionable homebuyer claims filed nationwide suggested that there may have been “conspiracies and attempts to cheat the government by more than one person.”

Of the 1.5 million claims made to the Internal Revenue Service for the tax credit, the Justice Department has filed one criminal case and one civil injunction against tax preparers for submitting false claims for the homebuyer credit. One of these cases was from Mission, Texas.

Traffic Pattern On Sam Rayburn Tollway To Shift On Wednesday As Part Of New Interchange Construction

The North Texas Tollway Authority (NTTA) will implement a traffic switch Wednesday on the Sam Rayburn Tollway (SRT) and its frontage roads in Allen and McKinney. The traffic switch is necessary to complete the new SRT/U.S. 75 interchange, which is scheduled to open to traffic in January 2011.

Drivers will notice a traffic pattern change starting the afternoon of Wednesday, Jan. 27, weather permitting. The NTTA will shift northeast-bound SRT frontage road traffic onto new SRT main lanes just before Shelby Drive, which will remain closed.

The existing northeast-bound SRT frontage road, labeled as State Highway 121, will be closed in that area to allow crews to reconstruct it and begin the connections for the new direct-connector ramps for U.S. 75.

Motorists will travel on the new SRT main lanes for a distance of approximately 1,000 feet before returning to the existing roadway just west of U.S. 75.

This traffic switch will last an estimated two months. All closures are subject to weather conditions and will be postponed, if necessary.

Source: NTTA

Wednesday, December 16, 2009

Mortgage Rates as of December 15, 2009








TypeTodayLast WeekChange
15 Year Fixed 4.534%4.534%0.000%
30 Year Fixed5.004%5.007%-0.003%
1 Year ARM3.322%3.367%-0.045%
3/1 Year ARM3.477%3.478%-0.001%
5/1 Year ARM3.535%3.552%-0.017%


Source Yahoo

Thursday, November 26, 2009

Short Sales

Short sales are a very popular way to buy real estate in the market of today. A short sale is a real estate transaction, in which the sale of the property is less than what is owed on the loan. Such a transaction is rampant in bad economic conditions when a borrower is unable to make mortgage payments, but the lender chooses to sell the property at a loss rather than trying to collect from the borrower. The borrower is enticed into doing the short sale because it keeps them from foreclosure. Opting to do a short sale is better than a foreclosure because there are high fees associated with foreclosures, and foreclosures damage the borrowers credit.

Saturday, November 14, 2009

Art Studio Tour in Downtown McKinney

Event: Art Studio Tour in Downtown McKinney
Dates: Sunday, November 15, 2009, 12:00 PM
Info:
Seventeen professional artists in McKinney, Texas will open their studios to the public this November 14th and 15th for a weekend of touring, demonstrations, and sales.

The 2009 McKinney Art Studio Tour will provide an often unseen view of local visual artists and their unique workspaces in the midst of the McKinney community. During the two day event, visitors can explore the studios; learn about the artists and how their work is made, and buy art in a relaxed atmosphere

Tickets may be purchased at these local businesses:
Laura Moore Fine Art Studio, 107 S.Tennessee, McKinney, TX
Art House of McKinney, 502 N.Kentucky, McKinney, TX
Studio ArtHouse McKinney, 4150 Eldorado Parkway, McKinney, TX
Star Specialty Contempo, 116 N.Tennessee, McKinney, TX
Stained Glass of McKinney, 214 N.Kentucky, McKinney, TX

Source: McKinneyNews.net

LITTER FORCE - City of McKinney & TX DOT

LITTER FORCE - City of McKinney & TX DOT
Dates: Thursday, November 19, 2009, 4:15 PM
Location: McKinney Performing Arts Center (web site)
111 N. Tennessee
McKinney, TX 75069
Info:
Metropolis may have Superman, but Texas kids have their own evil-fighting team. Learn how to eliminate litter with the Litter Force at McKinney Performing Arts Center. It's FREE! Superheroes Hawk, Bolt, Ultra and K-900 help children understand what litter is and learn about litter prevention. Watch the Litter Force superheroes take on their trash adversaries in an action-paced show and participate in interactive skits. At the performances, audiences "say it when they see it" by shouting "Don't mess with Texas!" when they see littering happening during the show.

The Litter Force, now in its third touring year, is a research-based Don't Mess with Texas campaign administered by the Texas Department of Transportation (TxDOT).
For more information call, 972-547-7335.

Source: McKinney News.net

McKinney Homes

Craig Ranch Went Bankrupt

Dec. 2008 Article: Wellstone at Craig Ranch III LLC has filed for Chapter 11 bankruptcy protection in hopes of getting a mortgage release.

The undeveloped tract covers about 42 acres in the 2,200-acre Craig Ranch development in McKinney.

In its Dec. 1 filing in the U.S. Bankruptcy Court for the Eastern District of Texas, Wellstone listed assets of between $1 million and $10 million, liabilities of the same range and estimated that it has between one and 49 creditors.

Dallas Business Journal

Wednesday, September 23, 2009

Calling all high school students, parents: McKinney Education Foundation presents 'College 101', free seminar on college planning

Calling all high school students, parents: McKinney Education Foundation presents 'College 101', free seminar on college planning
By McKinney Education Foundation / North Texas E-News

McKINNEY, TX, Sept. 20, 2009 – The McKinney Education Foundation is taking the mystery out of applying for college with its annual "College 101" planning seminar at 7 p.m., Sept. 28 in the McKinney High School Auditorium.

"Preparing to apply for college can be a confusing undertaking for high school students and parents, so we put together a detailed program to walk families through this process step by step," says MEF Executive Director Melanie Perkins. "The sole purpose of our MEF Advisor program is to help families apply for college and find financial aid, and this seminar is a great way to help educate the community on the college planning process."

Full Story

City of McKinney announces the availability of community support grants

City of McKinney announces the availability of community support grants
North Texas E-News

McKINNEY, Texas (Sept. 17, 2009) – The City of McKinney announces the availability funding for eligible non-profit agencies and community organizations that serve residents of McKinney.

The Community Support Grant (CSG) allows the flexibility to apply for funding under the following priority of needs:

§ Disaster aid

§ Basic needs, like food and clothing

§ Housing - both financial and non-financial assistance

§ Health and medical, including mental health

§ Transportation

§ Recreation and athletics

The application and instructions will be available at the city’s Web site, http://www.mckinneytexas.org/, under the heading, Community Services/General Information.

Full Story

McKinney dreams big with aquatic center plans

McKinney dreams big with aquatic center plans
By Ed Housewright and Sam Hodges / The Dallas Morning News
September 7, 2009

Despite tight budgets and an uncertain economy, McKinney city and school officials are forging ahead with plans for a $44 million aquatic center.

They say they are doing so to meet taxpayer demands and to match facilities in neighboring Allen, Frisco and Plano.

"A lot of groups in McKinney are basically going to other places to use facilities," McKinney Mayor Brian Loughmiller said.

Full Story

Wednesday, August 26, 2009

McKinney ISD Offering Free Infant Immunizations

The McKinney Independent School District is offering Free Immunizations for infants up to 18 months through September. View Care Van Info (PDF)

FREE IMMUNIZATIONS FOR INFANTS TO 18 YEARS OF AGE

McKinney ISD
Faubion Middle School
2000 Rollins
McKinney, TX 75069

10:00AM-2:00PM
Tuesday July 28, 2009

5:00PM-7:00PM
Monday, August 17, 2009

5:00PM-7:00PM
Thursday, September 24, 2009
Thursday, November 19, 2009

Child must be accompanied by parent or guardian.

A copy of child’s immunization record necessary.

No appointment necessary.

For additional information please visit:
www.bcbstx.com/carevan

The Care Van Program is a not-for-profit community program coordinated by the Caring for Children Foundation of Texas, Inc., with thanks to lead sponsor Blue Cross and Blue Shield of Texas.

McKinney ISD District School Calendar

Here is the McKinney ISD's District-wide calendar:

McKinney ISD School Calendar Set-Up Instructions

McKinney ISD Calendar

This is a great calendar feature that allows you to recieve email updates of district events and manage your own calendar by which informaton you are seeking.

McKinney Real Estate

Please visit the following pages of his website for more information: