10-25-2020  6:13 am   •   PDX and SEA Weather
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NORTHWEST NEWS

Candidate Iannarone Welcomes Ruling on Complaint Against Mayor Wheeler

Mayoral challenger Sarah Iannarone has welcomed the Multnomah County Circuit court ruling requiring City Auditor Mary Hull Caballero to look into a complaint against Portland Mayor Ted Wheeler for loaning his own re-election campaign 0,000

Some Hospitals in Crisis as US nears high for COVID-19 cases

The global surge in coronavirus infections is hitting the United States hard and overwhelming hospitals across the nation

Report: Seattle Officers Used Excessive Force at Protests

Since May, the office has received 19,000 complaints about police misconduct during protests.

PSU’s Black Studies Department Grows, Offers Students Immediate Support

Chair Ethan Johnson announces new hire and COVID-19 Relief Fund

NEWS BRIEFS

How Martin Luther King Jr. Boulevard got its Name

Oregon Historical society has republished Publisher Bernie Foster's account of how activists persuaded Portland to rename Union Avenue...

New Crisis Line will Serve BIPOC Community

Lines for Life have launched a new crisis line dedicated to and staffed by Black, Indigenous and People of Color ...

Oregon Reports the Highest Daily Case Count Since the Beginning of the Pandemic

OHA reports 550 new confirmed and presumptive COVID-19 cases, 3 new deaths ...

Thursday, October 22: All Registered Voters Should Have Received Their Ballots

Contact Multnomah County Elections TODAY if you have not yet received your ballot in the mail. ...

Forest Service Now Hiring

Agency accepting applications for more than 1,000 seasonal positions in Oregon and Washington ...

Crews vacuum 'murder hornets' out of Washington nest

BLAINE, Wash. (AP) — Heavily protected crews in Washington state worked Saturday to destroy the first nest of so-called murder hornets discovered in the United States. The state Agriculture Department had spent weeks searching, trapping and using dental floss to tie tracking devices to Asian...

Roseburg VA police officer accused of placing hidden cameras

ROSEBURG, Ore. (AP) — A Roseburg man who works as a police officer at a Veterans Affairs hospital has been accused of hiding cameras in the bedroom of a young teen. Detectives began investigating after the cameras were found in the 14-year-old’s bedroom, the Douglas County...

Missouri grinds out 1st victory over Kentucky in five years

COLUMBIA, Mo. (AP) — Missouri kept handing the ball to Larry Rountree, and Kentucky barely got a chance to take a turn. Rountree carried 37 times for 126 yards and two touchdowns as the Tigers dominated the clock and the Wildcats in a 20-10 victory on Saturday.Missouri (2-2 Southeastern...

Humbled LSU eyeing QB contingency vs surging South Carolina

BATON ROUGE, La. (AP) — LSU coach Ed Orgeron was grateful for an extra week to help the Tigers confront considerable challenges on both sides of the ball.He’ll have to hope that’s enough time for the unranked Tigers (1-2, 1-2 SEC) to turn back South Carolina (2-2, 2-2), which...

OPINION

The Skanner News National 2020 Election Endorsements

Vote like your life depends on it. Read The Skanner News' endorsements for US President, and more ...

The Skanner News Statewide Election 2020 Endorsements

Read The Skanner News' endorsements for Portland Mayor, Portland City Council, and more ...

Muslim Advocates Denounces Trump’s Racist Attacks on Rep. Ilhan Omar and Refugees

The organization says Trump’s attacks invite violence against Rep. Omar and Minnesota’s Somali community ...

Trump and the Lost Country

Discussing the debate, Robert Koehler refers to an article by psychiatrists describing how power causes brain damage ...

AFRICAN AMERICANS IN THE NEWS

Black woman shot by officer seeks justice from hospital bed

WAUKEGAN, Ill. (AP) — A Black woman who was shot and wounded inside a vehicle by a police officer who also fatally shot her 19-year-old boyfriend on Satuday told about 200 people gathered at an emotional rally in suburban Chicago that she's fighting “to be strong" for her son. The...

Attack, then pandemic: Pittsburgh Jewish congregations cope

Two years ago, the three congregations sharing space at Pittsburgh’s Tree of Life synagogue relocated after an anti-Semitic gunman killed 11 worshippers. Last March, the congregations dispersed from their new locations due to the coronavirus pandemic and switched to virtual services. On...

Fields, No. 5 Ohio St run away from Huskers in opener, 52-17

COLUMBUS, Ohio (AP) — Justin Fields and No. 5 Ohio State shook off the rust in the first half and then buried Nebraska the rest of the way.Fields completed 20 of 21 passes for two touchdowns and ran for another, Master Teague III rushed for a pair of scores and the Buckeyes rolled over...

ENTERTAINMENT

Kevin Hart: Hosting MDA telethon is a 'major level-up'

LOS ANGELES (AP) — Kevin Hart says hosting a re-imagined online fundraiser for the Muscular Dystrophy Association is “a major level-up for me.”“It’s different from anything that you’ve really seen me do. And there’s a great reason behind it,”...

Sandra Oh celebrates Asian culture in film 'Over the Moon'

NEW YORK (AP) — Sandra Oh’s role in the new animated feature “Over the Moon” may not be her largest, but it has deep meaning.The story is set in China and Oh voices the stepmother of a girl named Fei Fei, grieving after the loss of her mother. So she builds a rocket to...

Film depicts Black Lives Matter, #MeToo as new feminist wave

LOS ANGELES (AP) — The documentary genre’s power of immediacy is evident in “Not Done: Women Remaking America," which includes the still-unfolding possibility of the first Black female vice president and the loss of Breonna Taylor.The film depicts a powerful female-driven...

U.S. & WORLD NEWS

Ukraine's local elections test leader and his young party

KYIV, Ukraine (AP) — Ukrainians were voting Sunday in local elections that are considered a test for...

Spain PM works on new state of emergency to curb outbreak

BARCELONA, Spain (AP) — Spanish Prime Minister Pedro Sánchez called a Cabinet meeting Sunday to...

Malaysia's king rejects PM's proposal to declare emergency

KUALA LUMPUR, Malaysia (AP) — Malaysia's king on Sunday rejected a proposal by embattled Prime Minister...

Polish women protest new abortion restriction in churches

WARSAW, Poland (AP) — Women's rights activists in Poland staged protests during Sunday church services in...

Italy closes gyms, shuts eateries early to fight COVID-19

ROME (AP) — Italy's leader imposed at least a month of new restrictions across the country on Sunday to...

Afghanistan claims killing an al-Qaida leader wanted by FBI

KABUL, Afghanistan (AP) — Afghanistan claimed Sunday it killed a top al-Qaida propagandist on an FBI...

Vote like your life depends on it
Chris Isidore CNN Money

NEW YORK (CNNMoney) -- The majority of Americans now are forecasting home prices to rise, and only about a third are expecting prices to fall, a reversal in attitudes of a year ago.

A monthly survey by mortgage finance firm Fannie Mae found 51% of those questioned in April believe prices will rise in the next 12 months, while only 35% are projecting a drop in prices. It is the first time in the three-year history of the survey that a majority said they expect prices to increase.

A year ago, 49% were expecting further price declines while only 32% said they though prices were on their way up.

The latest data from the housing market back up the this new level of confidence in the housing recovery. The S&P Case-Shiller Home Price Index rose 9.3% over the last 12 months, the biggest annual rise in home prices since the height of the housing bubble in 2006.

"Crossing the 50% threshold marks a significant milestone, as most Americans believe a housing recovery is truly occurring throughout the country," said Doug Duncan, chief economist for Fannie Mae.

People who were sitting on the sidelines because of concerns that prices were still falling can be drawn back into the market once they believe prices are on their way up again. Home sales are up 10% from a year ago, helped not only by the climbing prices but also record low mortgage rates and falling unemployment.

The survey found that those expecting prices to go up are forecasting a 7.2% rise, on average. It also found 71% think it is a good time to buy a home, relatively unchanged from a year ago, but the percentage who think it's a good time to sell has doubled over the last year to 30%.

The increase in those thinking positively about selling is also important for the market, as a tight supply of homes for sale has been one of the drags on the market.

The survey is based on the responses of 1,001 respondents, ages 18 and older.

 

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