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  • Timberland Regional Libraries Add Hours

    trl-logoLibrary patrons in the five-county Timberland Regional Library (TRL) service area asked for longer hours; starting September 2, they’ve got them! District-wide, 26 libraries and the Ask-A-Librarian service will add hours - a total of 58 more each week. The increased… Read More +

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  • Nationals Over Mariners 8-3

    mariners logo NewAnthony Rendon hit one of Washington's four homers off Felix Hernandez, and the Nationals showed off their power in an 8-3 victory over the Seattle Mariners last night that snapped a three-game losing streak. Rendon hit a solo shot in the first, and Jayson Werth, Ian Desmond and Wilson Ramos also connected against Hernandez (13-5). It was the first time Hernandez has allowed four homers in a game.

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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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