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