Tuesday, September 30, 2008

Forsyth Lacrosse

FORSYTH COUNTY - A few years ago, many in Georgia probably didn't know much about lacrosse.Now, one of the fastest growing sports in America is spreading throughout Forsyth County's youth.One example of the growth has been the rise of the West Forsyth Youth Lacrosse organization, a program started to promote lacrosse in all of Forsyth County and is currently in the midst of its first fall season. The spring lacrosse season runs from January to May.

Road Improvement Updates Alpharetta Georgia

- This intersection has gone through several reconfigurations over the past 10 years. Additional improvements will include resurfacing the intersection, aligning the west bound travel lane, installing the sidewalk from Tuxford to Waters Road and from Waters to the Sae Han church, as well as improved storm water drainage. The left turn stacking lanes will be extended in all directions and the eastbound right turn lane from KBR to Waters will be extended. Right of way discussions have continued to delay this project. Big Creek Bridge - The bridge will be constructed on the south side of the existing bridge. The road will be realigned to the new much higher bridge, and the old bridge will be demolished. The new bridge will have four foot wide bike lanes and six foot wide sidewalks on both sides with access to the Greenway underneath. North Point Pkwy/Kimball Bridge Road - In the March 2007 citizen survey this was identified as the worst intersection in Alpharetta. This project will include extended westbound left turn stacking lanes onto NPP, an extended west bound right turn lane onto NPP, eastbound merge lane on KBR from NPP to the school along with improved storm drainage and sidewalks. This is currently in a conceptual design stage.Sterling Brooke - There will be a new single family residential development (Sterling Brooke) just west of the Sheridan Park neighborhood before you get to Big Creek. This will consist of 42 homes on 14 acres.Schedule - There have been some delays due to right of way acquisition, funding, intergovernmental issues, and other obstacles. The Waters Road and Bridge replacement were scheduled to begin this year. Land clearing for Sterling Brooke should begin this month. The Kimball Bridge Coalition, of which Glen Abbey is a member, has been working diligently with GDOT, Fulton County, and the City of Alpharetta for several years to bring these projects to fruition with the interests of our residents paramount in all discussions.

Thursday, September 25, 2008

ALPHARETTA, Georgia - September 25, 2008

Portion Of Westside Parkway Closes To Traffic Today!The portion of Westside Parkway between Sanctuary Parkway and Mansell Road will be closed to all traffic beginning today. A portion of Old Roswell Road will also be affected. The road closure will remain in effect for approximately one year during the construction of a new bridge over Foe Killer Creek and the expansion of the road to four lanes.During the construction period, all traffic will be detoured to Mansell Road, North Point Parkway, Encore Parkway, and other portions of Westside Parkway. A map of the construction zone and related detours is attached and also available at www.alpharetta.ga.us.

Monday, September 22, 2008

Alpharetta High School

It's official! The Fulton County School Board voted on Thursday evening to accept the High School Redistricting Plan, which allows Glen Abbey to remain at Alpharetta High School.

Thursday, September 11, 2008

Fannie Mae & Freddie Mac

The government's takeover of Fannie Mae and Freddie Mac this past weekend has caused a nice drop in interest rates! By taking control of the 2 largest holders of mortgage bonds, the government has significantly reduced the credit risk associated with these bonds. Reducing the risk to investors results in a drop in the return on these investments. Rate of return equals the interest rate, thus mortgage rates are dropping. Historically, the spread between the yield, or interest rate, on treasury bonds and mortgage bonds with a 30 year life has been around 1.25% to 1.75%. As a result of the downturn in real estate and the increase in mortgage defaults, this spread had grown to a high of 2.75%! With the government's action, we should see this spread shrink. Just today, mortgage rates have dropped .25% to .375%!

Tuesday, September 9, 2008

Alpharetta Bank Closes

ALPHARETTA -- Integrity Bank's closure Aug. 29 after failing due to bad construction loans coupled with falling real estate value has not jeopardized depositor's money.Regions Bank bought the more than $900 million in deposits of 23,000 customers of the Alpharetta-based bank, including deposits above the insurance limits set by the Federal Deposit Insurance Corp.Regions reopened Integrity's five bank branches – in Alpharetta, Roswell, Cumming, Duluth and Vinings – Tuesday morning under its own banners.Regions has agreed to pay a total premium of 1.012 percent for the failed bank's deposits. In addition, Regions Bank will purchase approximately $34.4 million of Integrity Bank's assets, consisting of cash and cash equivalents. The FDIC will retain the remaining assets for later disposition.

Friday, September 5, 2008

Alpharetta Real Estate

Need a Buyers Agent?

Buyers feel more comfortable working with an agent they know versus hiring a complete stranger, so wanting to hire a friend is understandable. They feel that a friend or family member will tell them the truth and look out for their best interests, but that type of situation can also create conflicts, in more ways than one.Hiring a Friend or Family Member as a Buyer's AgentThe main problem is an agent who is close to the buyer might decide to save a friendship over delivering hard, cold facts

Wednesday, September 3, 2008

Team McCormick, Inc. Real Estate

Team McCormick, Inc. Real Estate

Granite Co

Just refinished a new kitchen on a Alpharetta Georgia home. We used this company for the Granite counter tops. Did a great job!

Metro Stone Connection, Inc.
5874 Atlanta Hwy Alpharetta, GA 30004
Phone (678) 366-0996 Fax (770)663-7900
metrostoneconnec@bellsouth.net
ask for Joe