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  • Chalet To Be Relocated

    enchalet1Park officials say the Enchanted Valley Chalet in Olympic National Park is being relocated to protect the east fork of the Quinault River. Enchanted Valley will be closed to camping for the first two weeks of September, while the move takes… Read More +

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  • Body Found In Home Linked To Bloody Carpet

    police-tapeA body found Monday evening at a Puyallup home is believed to be the man police have been looking for since bloody carpeting was found burning Aug. 13 along an Auburn road. Pierce County sheriff's spokesman Ed Troyer says evidence suggests… Read More +

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  • Mariners Lose To Athletics 6-1

    mariners 8The fired-up Oakland Athletics came out swinging, and Chris Young's day was short-lived. Newcomer Adam Dunn hit a two-run homer as Oakland jumped to a five-run lead in the first, and Young failed to make it out of the inning as Seattle lost 6-1 to the Athletics on Monday. "I wasn't sharp. My stuff wasn't good, it was flat," Young said. "They came out super-aggressive, you could see it.

    Read More
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July New Home Sales Fall 13.4%

b_250_0_16777215_00_images_obgrabber_2013-08_c95733ebab.jpgiStockphoto/Thinkstock(WASHINGTON) -- New home sales plunged 13.4 percent in July to an annualized pace of 394,000 units -- the biggest decline in sales since May of 2010. “The drop was consistent across all regions of the country so it's pretty pervasive and I think it was basically the result of the rise in interest rates,” said David Crowe, chief economist at the National Associate of Home Builders.

“Buyers took a breather,” Crowe said. “They stepped back from the market when they saw interest rates go up.”

Economists polled by Bloomberg were looking for new home sales to fall 2 percent to an annualized pace of 487,000 units. Despite the dramatic dip last month, Crowe believes the downturn is temporary because housing prices are going up and jobs are returning.

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