Natural Gas prices hit lows of $2.30/mmbtu and there doesn’t look to be anything coming in the next several months that should change the current outlook.
Thursday, March 22, 2012
Wednesday, March 21, 2012
SWAPO 2011 News...The University of Texas at Austin Energy Institute Study: “No evidence of groundwater contamination from hydraulic fracturing”.
The Energy Institute at The University of Texas at Austin recently conducted a study entitled "Fact-Based Regulation for Environmental Protection in Shale Gas Development." Dr. Charles Groat, the lead author of the study, communicated the following study conclusion as part of the information release: "We found no direct evidence that hydraulic fracturing itself—the practice of fracturing the rocks—had contaminated shallow groundwater."
Click link below to read more:
http://www.bseec.org/content/energy-institute-university-texas-austin-study-reviewing-groundwater-contamination-claims-fi
http://www.bseec.org/content/energy-institute-university-texas-austin-study-reviewing-groundwater-contamination-claims-fi
Tuesday, March 20, 2012
SOS Save our Schools Rally...
STS Rally This Saturday!
Click Here for More Information!
Today, the Texas Public Policy Foundation announced that it will pressure legislators for more deep cuts to education in 2013. We need you in Austin on March 24 to stop this assault on our children! Last March, over 13,000 parents, students, teachers and community members gathered in Austin to say "NO!" to more testing and less funding. The legislature didn't listen, and today we are seeing larger classes, fewer programs and supports, higher college tuition and MORE TESTING! Let's stand up once more and speak to the candidates running for election and re-election that "We're Watching, We Remember, and We Vote!" We can fight the forces that want to destroy public education if we stand united. Make plans now to come back to Austin and TAKE BACK TEXAS EDUCATION!
Click Here for More Information!
Today, the Texas Public Policy Foundation announced that it will pressure legislators for more deep cuts to education in 2013. We need you in Austin on March 24 to stop this assault on our children! Last March, over 13,000 parents, students, teachers and community members gathered in Austin to say "NO!" to more testing and less funding. The legislature didn't listen, and today we are seeing larger classes, fewer programs and supports, higher college tuition and MORE TESTING! Let's stand up once more and speak to the candidates running for election and re-election that "We're Watching, We Remember, and We Vote!" We can fight the forces that want to destroy public education if we stand united. Make plans now to come back to Austin and TAKE BACK TEXAS EDUCATION!
Monday, March 19, 2012
When Mortgage Debt is Cancelled
The Mortgage Forgiveness Relief Act of 2007 was passed by Congress to avoid additional financial hardship that some homeowners might experience due to a foreclosure or short sale. The law affects mortgage relief that occurs from January 1, 2007 to December 31, 2012.
Normally, IRS considers partial or total debt forgiven by a lender to be treated as ordinary income. This not only affects foreclosures but even short sales where only part of the debt is forgiven would trigger additional taxes for the homeowner. There are exceptions that apply such as bankruptcy and insolvency.
The forgiveness is only applicable to taxpayers' principal residence and only acquisition debt used to buy, build or improve the home. The additional cash taken out when refinancing a home will not be eligible for the relief unless it is used for capital improvements.
The lender is required to submit a 1099 form to IRS and provide the homeowner a copy who will file the forgiven amount on Form 982 as part of their 1040 tax return. How this affects your individual situation may differ due to other circumstances and advice from a tax professional is recommended.
Buy Sell Invest with Hart
Normally, IRS considers partial or total debt forgiven by a lender to be treated as ordinary income. This not only affects foreclosures but even short sales where only part of the debt is forgiven would trigger additional taxes for the homeowner. There are exceptions that apply such as bankruptcy and insolvency.
The forgiveness is only applicable to taxpayers' principal residence and only acquisition debt used to buy, build or improve the home. The additional cash taken out when refinancing a home will not be eligible for the relief unless it is used for capital improvements.
The lender is required to submit a 1099 form to IRS and provide the homeowner a copy who will file the forgiven amount on Form 982 as part of their 1040 tax return. How this affects your individual situation may differ due to other circumstances and advice from a tax professional is recommended.
Buy Sell Invest with Hart
Friday, March 16, 2012
Community News....City Council and Arlington ISD...
Young Men of Arlington are hosting a Candidate Forum March 21 Wednesday at the Community Room of the Arlington Library located at 101 E Abram St. The Arlington ISD and City Council candidates will discuss in a formal debate the various issues that concern our schools and city. Admission is free and refreshments will be provided. The elections will be May 12th and May 29th.
The Next Forum will be Thursday, March 22nd, at the Arlington Republican Club, Rolling Hill Country Club, 401 E Lamar, 7:00pm.
The City Election is Saturday May 12th and the State / Federal Election is Tuesday May 29th.
Monday, March 12, 2012
Another Indication
The Housing Affordability Index was developed over thirty years ago to help consumers determine when it is a good time to buy a home. It's considered advantageous to the buyer when the index is over 100 because a median income family can qualify for a median price home.
Recent figures released by the National Association of REALTORS' economic department show that the 2011 index of 184.5 is the highest annual average since it has been calculated. The most recent month released, December 2011, was 194.9. The index is also broken down into four regions of the country.
The two major components that contribute to the index are home prices and mortgage interest rates which are lower than they've been in the last five years which account for the dramatic rise in the index since 2006.
The Housing Affordability Index is another indication that this is a good time to buy a home for people who have good credit, a down payment and want a home. It may be the best time we'll see in our lifetimes.
Buy Sell Invest with Hart
Recent figures released by the National Association of REALTORS' economic department show that the 2011 index of 184.5 is the highest annual average since it has been calculated. The most recent month released, December 2011, was 194.9. The index is also broken down into four regions of the country.The two major components that contribute to the index are home prices and mortgage interest rates which are lower than they've been in the last five years which account for the dramatic rise in the index since 2006.
The Housing Affordability Index is another indication that this is a good time to buy a home for people who have good credit, a down payment and want a home. It may be the best time we'll see in our lifetimes.
Buy Sell Invest with Hart
Friday, March 9, 2012
SOS - Save our Schools Rally in Austin....3/24/12...
STS Rally-2 Weeks Away
Click Here for More Information!
We need you in Austin on March 24! Last March, over 13,000 parents, students, teachers and community members gathered in Austin to say "NO!" to more testing and less funding. The legislature didn't listen, and today we are seeing larger classes, fewer programs and supports, higher college tuition and MORE TESTING! Let's stand up once more and speak to the candidates running for election and re-election that "We're Watching, We Remember, and We Vote!" We can fight the forces that want to destroy public education if we stand united. Make plans now to come back to Austin and TAKE BACK TEXAS EDUCATION!
Click Here for More Information!
We need you in Austin on March 24! Last March, over 13,000 parents, students, teachers and community members gathered in Austin to say "NO!" to more testing and less funding. The legislature didn't listen, and today we are seeing larger classes, fewer programs and supports, higher college tuition and MORE TESTING! Let's stand up once more and speak to the candidates running for election and re-election that "We're Watching, We Remember, and We Vote!" We can fight the forces that want to destroy public education if we stand united. Make plans now to come back to Austin and TAKE BACK TEXAS EDUCATION!
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