BASE SCHOOLS ARE BACK!!!

bnr-assignment-2A revised student assignment plan has been implemented for Wake County Schools.  Under the revised plan, an address is now assigned a base school.  The new assignment plan for the 2013/14 school year is now posted on the web site at http://wwwgis2.wcpss.net/addressLookup/.

You can now register for the 2013-2014 school year.  It is important to remember the following:

  • Students will not be accepted into a school until they live at the address being used for the assignment.  So for schools that may be “capped” they must close on the home before the final assignment is made.
  • If a family moves anywhere within Wake County,the Student may stay at the same school until they finish the grades of that school. However Transportation will only be offered if the school is offered as a choice at the new address. The Student can also transfer to the base school of the new address at anytime provided it’s not capped.

The following is a list of the “Capped” schools:

  •      Brooks Elementary
  •      Conn Elementary
  •      Davis Drive Elementary
  •      Hunter Elementary
  •      Lacy Elementary
  •      Mills Park Elementary
  •      Underwood Elementary
  •      Wiley Elementary

For more information, please go to www.wcpss.net!

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WINTERFEST 2012 – ANNUAL RALEIGH CELEBRATION!!

“The annual tradition downtown features daily ice skating on an outdoor skating rink (view live webcam) sewinterfestt up at City Plaza on the southern end of the 400 block of Fayetteville Street.  The opening celebration is set for Saturday, Dec. 1 from 3 p.m. until 9 p.m. with the ice rink open from 2 p.m. to 11 p.m.  There will be official tree lighting with Raleigh Mayor Nancy McFarlane, along with live music, sledding, carriage ride, and more.  All the details can be found at the www.RaleighWinterfest.com website – including more information on hours of operation, directions and scheduled events.”

Information provided by: http://abclocal.go.com/wtvd/story?section=news/local&id=8898283

TAX DEDUCTION FOR 1ST TIME HOME BUYERS

First time home buyers who meet qualifying requirements may be eligible for a Mortgage Credit Certificate (MCC). While all homeowners can claim an itemized tax deduction for mortgage interest, MCC reduces your tax liability, dollar-for-dollar, by 30% of the mortgage interest paid.

An MCC can be used with almost any type of mortgage, including some adjustable rate mortgages.  So how does it work?  Assume you have a 30-year, 3.5% fixed-rate mortgage of $125,000. The first year’s interest payment is approximately $4375. The MCC allows you to take a federal income tax credit of $1312.50 ($4375 x 30%).  If your federal income tax liability is $1312.50 or more after you have taken all other credits and deductions, you receive the entire benefit of the MCC tax credit – $1312.50. You can also claim a deduction for the remaining 70% of mortgage interest paid in that year.

For more info, go to www.nchfa.com and click on the link for Homebuyers or contact Cindy Mease, 919-624-8850.

Information provided by:

 Cindy Mease, Private Mortgage Banker, NMLSR ID 118106, Wells Fargo Home Mortgage

HOUSING MARKET IMPROVEMENT – NEARLY 11,000 JOBS CREATED IN THE TRIANGLE!

“Wake County and Durham County reported an uptick in requests for new residential housing and commercial building permits during the month of September.

Building permits issued to home builders in Wake County surged nearly 17 percent in September over the same month last year. A total of 381 building permits were issued in September, according to data collected by the Wake County revenue department.

The Home Builders Association of Raleigh-Wake County is also reporting that single family permit value rose to $727 million for 2012 so far, with a total value of $1.28 billion for all construction permits.

The association estimates that amount of economic activity will create 10,926 jobs in the region this year.”

For more information, please go to http://www.bizjournals.com/triangle/news/2012/11/01/nearly-11000-jobs-spurred-by-wake.html.

THIRD QUARTER TMLS MARKET UPDATE!

US HOME BUILDER CONFIDENCE…6 YR HIGH!!!

“Confidence among U.S. homebuilders remains at its highest level in six years, reflecting improved optimism over the strengthening housing market this year and a pickup in visits by prospective buyers to builders’ communities.

The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday rose to 41 this month, up from 40 in September. That’s the highest reading since June 2006, just before the housing bubble burst.

Any reading below 50 indicates negative sentiment about the housing market. The index hasn’t been above 50 since April 2006, the peak of the housing boom.”

BUGFEST 2012

BUGFEST 2012 is Right Around the Corner! If you haven’t ever been, then you must go this year!   The North Carolina Museum of Natural Sciences is holding their annual Bugfest on September 15, 2012!  This is an all day event!  It is a great event for the whole family!  And if you haven’t checked out the new wing to the museum this is a great time to do it!

  • Enjoy the entertaining displays, exhibits and activities— both inside and outside the Museum.
  • Learn about arthropods, which make up three-quarters of all animals on Earth, during fascinating presentations.
  • Taste delectable dishes featuring creepy crawlers as a major ingredient at Café Insecta.
  • Join the moths, fireflies and katydids for an exhilarating evening of nocturnal activities at the Evening Insectival.
  • Learn how to keep your own hive at a Beekeeping Workshop
  • Bring an unusual bug to the Stump the Experts table
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