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Shelton, WA

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  • Reclamation Ridge Brush Fire

    fire ridge1Monday, July 28, 2014 around 3:15pm Central Mason Fire & EMS was toned for the report of a small 4 X 4 ft. brush fire on Reclamation Ridge behind Lakeland Village in Allyn, WA. Upon arrival crews found an approximate… Read More +

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  • Robbers Hit 5 Banks In 8 Days

    cop lights dayAuthorities are looking for a trio of robbers they say have hit five banks in eight days this month in Pierce and south King counties. The Tacoma News Tribune reports Tuesday that three men are in their 20's. The… Read More +

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  • Galaxy 3-0 Win Over Sounders

    Sounders logoLandon Donovan assisted on Gyasi Zardes' goal in the eighth minute, then scored off a rebound 10 minutes later and led the Los Angeles Galaxy to an impressive 3-0 win over the Seattle Sounders on Monday night. Donovan and the Galaxy won for the fourth time in six matches and handed the Western Conference-leading Sounders one of their worst home MLS losses in franchise history.

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Pending Home Sales Drop 5.6 Percent in September

b_250_0_16777215_00_images_obgrabber_2013-10_9cd9d4c028.jpgFuse/Thinkstock (NEW YORK) -- The number of Americans who signed contracts to buy homes dropped sharply in September, reflecting higher mortgage rates and home prices that have made purchases more costly. The National Association of Realtors says its seasonally adjusted pending home sales index fell 5.6 percent to 101.6, the lowest level in nine months. The decline pushed the index below its year-ago level, the first time that's happened in nearly two and a half years.

There is generally a one- to two-month lag between a signed contract and a completed sale. The drop suggests final sales will decline in the coming months.

Mortgage rates reached a two-year high in August and remained elevated in September. But they have fallen in the past month, which could help boost contract signings in October.

Copyright 2013 ABC News Radio

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