Sunday, March 29, 2009

Fort Worth high school to debut innovative energy program

The Fort Worth Independent School District and the Independent Petroleum Association of America are joining forces on a forthcoming four-year, high school program that they hope will transform the image of an energy industry job from a “dirty rig” to one in which math and science are an integral part of a technologically advanced career.

This fall, Southwest High School will offer the Southwest Academy for Petroleum Engineering and Technology, a “school within a school” for 50 incoming freshmen who want to learn more about energy and engineering.

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Great city key to developing Fort Worth tourism

Building a city that will attract tourists starts with building a city that will attract residents.

This idea on how to have successful tourism and urban growth was one of many remarks from the mayor of Charleston, S.C., Joseph P. Riley, who was the keynote speaker at Downtown Fort Worth Inc.’s annual meeting March 26.

Riley, who currently is serving his ninth term as mayor of Charleston, explained his work in revitalizing downtown Charleston at the meeting, and offered tips on how Fort Worth can continue to build its downtown and tourism industry.

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Monday, March 23, 2009

February existing home sales rise by 5.1 percent

PMZ Real Estate Agent Michelle Zeiter, left, walks into a bank owned home she isMarch 23, 2009
By ALAN ZIBEL, AP Real Estate Writer

WASHINGTON – Sales of previously occupied homes jumped unexpectedly in February by the largest amount in nearly six years as first-time buyers took advantage of deep discounts on foreclosures and other distressed properties.

Economists said sales, while still at levels not seen since 1997, may finally be coming back to life after declining sharply following the stock market plunge last autumn.

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Fort Worth Southlake Texas Homes For Sale

Stocks jump on bank plan, rise in home sales

Michael J. Sollitto, Specialist for Banc of America, and Traders work on the By TIM PARADIS, AP Business Writer

NEW YORK – Wall Street is getting the good news it wants on the economy's biggest problems: banks and housing.

Investors reignited a two-week rally Monday after hearing the government's plan to help banks remove as much as $1 trillion in bad assets from their books and home sales showed a surprise increase. Major stock indexes jumped as much as 4 percent, including the Dow Jones industrial average, which rose nearly 300 points.

The Treasury Department said its plan would rely on the government's $700 billion financial rescue fund, the Federal Reserve and the Federal Deposit Insurance Corp., as well as private investors.

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Monday, March 02, 2009

Accounting mistake may cost North Texas Tollway Authority

By GORDON DICKSON

North Texas Tollway Authority officials say they overstated their assets by $105.5 million in a report late last year, an accounting error that could affect the agency’s financial health.

However, officials with the Plano-based agency say they’ve taken steps to prevent such a mistake in the future. The agency is joining with the Texas Transportation Department to build the Southwest Parkway toll road in Fort Worth this year.

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Fort Worth Neighborhoods | TCU Area

Houses in Fort Worth

TCU is our home team and Mays Realty Group wants to be your home team. We live and work in the TCU neighborhood. We have assisted many TCU faculty, staff and students with relocation to Fort Worth.

Mays Realty Group is a full-service real estate agency specializing in residential, commercial and land in the TCU area and beyond. With an office located in the heart of the TCU community we are able to provide real estate services where and when you need them. Our Broker/Owner, Sharon Mays and a number of our agents are graduates and loyal supporters of TCU. You're likely to find our staff at a university movie screening, sporting event or musical program.

At Mays Realty Group we have experience relocating families and individuals to Fort Worth and the TCU community. We have the resources, background and latest technology at our disposal. Mays Realty is part of an extensive real estate network. We are "in the know" about local properties sometimes before they are on the market and can offer our clients unique real estate opportunities. We offer personalized relocation services - we can assist with a move to the area from near or far. At Mays Realty Group we are committed to providing our clients with unmatched personalized attention. We assist with every phase of your move.

Fort Worth rated among healthiest housing areas

Fort Worth is one of the healthiest metropolitan areas for housing in the country, according to Builder magazine, in conjunction with Hanley Wood Market Intelligence.

Fort Worth ranks third on the list of Healthiest Housing Markets for 2009, after Houston (No. 1) and Austin (No. 2). The study looked at the housing markets in 75 metro areas. In all, five metro areas in Texas made the survey’s top 15 — all at the top. San Antonio was No. 4 and Dallas No. 5.

"When the housing market stages its official recovery, the markets listed on the following pages are likely to lead the parade," according to the Builder magazine article by Boyce Thompson posted this month.

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Tarrant's top elected leaders cool toward casino legislation

By DAVE MONTGOMERY

AUSTIN — Legislation to create up to 12 urban casinos in Texas is touted as a potential big moneymaker in lean times, but top Tarrant County elected officials aren’t sold on the plan and appear ready to resist efforts to bring a casino to Fort Worth, saying the potential downsides may outweigh the pluses.

"I would explore other sources of revenue before I would encourage casino gambling in our city," said Fort Worth Mayor Mike Moncrief.

"There are a lot of minuses as far I’m concerned," said Arlington Mayor Robert Cluck. "It wouldn’t be at the top of my list."

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