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Dr. Bob Martin
ON AIR NOW
Dr. Bob Martin
6:00am - 8:00am
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Business News


(Washington, DC)  --  U.S. homeownership is at its lowest level in more than 18 years. Figures released by the Commerce Department yesterday show the share of Americans who own their own homes fell below 65 percent in the first quarter.  That's the lowest rate since 1995.  Analysts say rising property prices, higher mortgage rates and slow job growth are putting the brakes on the housing market.

 

Traffic & Weather

 
  • Night Work 8th and Greenwod in Bend. 8 p.m. - 6 a.m.
  • S.E. 15th Street CLOSED between Knott Road and Ferguson Road for utility work.
  • Reed Market Road Eastbound only between 3rd and 9th streets.
  • U.S. 26, 7 miles West of ORE35 up to Government Camp, construction. Lane closures and delays
 
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