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Lars Larson
ON AIR NOW
Lars Larson
12:00pm - 3:00pm
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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

  • Brookswood Blvd CLOSED >< Pinebrook and Lodgepole Dr. (5/14 - 9/4)
  • Skyline Ranch Road CLOSED behind Summit High School (4/22 - 7/22)
  • Milwaukee Avenue CLOSED between NW 12th and 13th until July 31.
  • Lane closures Shevlin Park Road 7:30 a.m. - 4:00 p.m. (7/13-8/3)
  • Road Closures in the area of Summit High School for a cycling event 3:45 p.m. - 7: 45 p.m. (July 16, 29)
 
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