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  • PUD3 Financial Reporting Wins 10th Straight Award

    PUD3 FinancialMason PUD 3 has received its tenth consecutive international recognition for the quality and completeness of its financial reporting. PUD 3 was awarded the Certificate of Excellence in Financial Reporting for its 2013 Comprehensive Annual Financial Report by the International Government Finance Officers Association (GFOA) of the United States and… Read More +

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  • 3rd Washington Judge Upholds Pot-Business Ban

    MJ startsA third Washington state judge says cities and counties can ban licensed marijuana businesses within their jurisdictions. The ruling Friday from Benton County Superior Court Judge Vic VanderSchoor was issued in the case of Americanna Weed, which had sued the city of Kennewick over its ban on pot businesses.

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  • Jeanpierre Returns To Add Depth At Center

    seahawksFacing a dilemma at the center position following an injury to Max Unger last week, the Seattle Seahawks were fortunate that former backup Lemuel Jeanpierre was still available as a free agent. The Seahawks re-signed Jeanpierre on Tuesday to provide depth at center following a high-ankle sprain suffered by Unger last week against the Kansas City Chiefs.

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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.

Copyright 2013 ABC News Radio

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