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Lars Larson
ON AIR NOW
Lars Larson
6:00pm - 9:00pm
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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

 

 

Ferguson Road closed between 15th Street and King Solomon Lane. (6/13)

 

Round-About Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
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