07-03-2020  10:40 pm   •   PDX and SEA Weather
  • 1
  • 2
  • 3
  • 4

NORTHWEST NEWS

Police Union Contract Extended, Bargaining to Continue

Negotiations will resume in January 2021.

Inslee Heckled Off Stage During Tri-Cities Appearance

Speaking outdoors in Eastern Washington, the governor was repeatedly interrupted by hecklers as he urged residents to wear masks to prevent the spread of the coronavirus.

Portland Police Declare Riot, Use Tear Gas

Several arrests were made as protests continued into early Wednesday morning.

Oregon Legislature Passes Police Reform Package Amid ‘Rushed’ Criticism

Six new bills declare an emergency in police protocol and are immediately effective. 

NEWS BRIEFS

Trump Blows His Twitter Dog Whistle on America’s Fair Housing Policies in the Suburbs

The president could be Tweeting on unemployment or COVID-19 infections but instead pushes housing discrimination ...

Zeta Phi Beta Sorority Awards Historic $100,000 Founders' Centennial Scholarship

Zeta celebrates 100 years with largest single recipient scholarship awarded by a historically Black Greek-lettered sorority or...

Nominations Being Accepted for the Gladys McCoy Lifetime Achievement Award

Gladys McCoy Lifetime Achievement Award was established in 1994 to honor Multnomah County residents who have contributed outstanding...

Shatter, LLC Launches to Elevate Diverse Voices in Progressive Politics

A collaboration of leading female political strategists aims to fill a void in the world of political consulting ...

New Director Takes Helm at Oregon Black Pioneers

In its 27-year history, the organization has never had an executive director, and has expressed confidence and optimism in Zachary A....

Surge in state COVID-19 cases driven by eastern Washington

SPOKANE, Wash. (AP) — Cirio Hernandez Hernandez was thinning apple trees on a June morning in Yakima, grabbing a fistful of tiny apples and knocking off all but one that was left to grow to a marketable size.It wasn't the Yakima Valley's hot temperatures, or the strenuous work, that was...

Violence mars Portland protests, frustrates Black community

PORTLAND, Ore. (AP) — Protesters in this liberal, predominantly white city have taken to the streets peacefully every day for more than five weeks to decry police brutality. But violence by smaller groups is dividing the movement and drawing complaints that some white demonstrators are...

Iowa defensive back Jack Koerner hurt in jet ski accident

IOWA CITY, Iowa (AP) — Iowa defensive back Jack Koerner sustained serious injuries when he and a passenger on a jet ski collided with a boat on the Lake of the Ozarks in Missouri.According to a police report, Koerner and Cole Coffin were hurt at about 6:30 p.m. Friday when their watercraft...

Missouri football program pushes again for racial justice

COLUMBIA, Mo. (AP) — Ryan Walters had just arrived at the University of Missouri to coach safeties for the football program when a series of protests related to racial injustice led to the resignations of the system president and the chancellor of its flagship campus.The student-led movement...

OPINION

Editorial From the Publisher: Vote as Your Life Depends on It

The Republican-controlled Senate won’t pass the George Floyd Justice in Policing Act, no matter how hard Oregon’s senators and others work to push for change. ...

Banana Republic or Constitutional Democracy? The US Military May Decide

Will the military, when and if the chips are down, acts in accord with the Constitution and not out of loyalty to its commander-in-chief? ...

To Save Black Lives, and the Soul of Our Nation, Congress Must Act Boldly

For too long, Black people in America have been burdened with the unjust responsibility of keeping ourselves safe from police. ...

Racial Inequalities - Black America Has Solutions; White America Won't Approve Them

The problem is we have to secure approval of the solutions from the people who deny the problem's existence while reaping the benefits from it. ...

AFRICAN AMERICANS IN THE NEWS

Protesters return to St. Louis area where couple drew guns

ST. LOUIS (AP) — Several hundred protesters made a peaceful return trip Friday to the St. Louis mansion owned by a white couple whose armed defense of their home during an earlier demonstration earned them both scorn and support.Protesters marched along the busy public boulevard called...

K-State players end threat of boycott over Floyd tweet

MANHATTAN, Kan. (AP) — Kansas State football players have called off a threatened boycott in response to an insensitive tweet by a student about the death of George Floyd.The decision, announced on social media by several players, follows moves by the school to address diversity concerns....

Violence mars Portland protests, frustrates Black community

PORTLAND, Ore. (AP) — Protesters in this liberal, predominantly white city have taken to the streets peacefully every day for more than five weeks to decry police brutality. But violence by smaller groups is dividing the movement and drawing complaints that some white demonstrators are...

ENTERTAINMENT

Hugh Downs, genial presence on TV news and game shows, dies

NEW YORK (AP) — Hugh Downs, the genial, versatile broadcaster who became one of television’s most familiar and welcome faces with more than 15,000 hours on news, game and talk shows, has died at age 99.Downs died of natural causes at his home in Scottsdale, Arizona, on Wednesday, said...

Review: A master class by Catherine Deneuve in 'The Truth'

Family may be the great subject of Japanese filmmaker Hirokazu Kore-eda, but he doesn't draw straightforward portraits. In Kore-eda's hands, family is more malleable. He tends to shift roles around like he's rearranging furniture, subtly remaking familiar dynamics until he has, without you knowing...

Union tells actors not to work on pandemic film 'Songbird'

LOS ANGELES (AP) — The union that represents film actors told its members Thursday not to work on the upcoming pandemic thriller “Songbird,” saying the filmmakers have not been up-front about safety measures and had not signed the proper agreements for the movie that is among...

U.S. & WORLD NEWS

AP Week in Pictures, Global

JUNE 27 - JULY 3, 2020This photo gallery highlights some of the most compelling images made or published by The...

More fireworks in Americans' hands for July 4 raises risks

ATLANTA (AP) — For many Americans, the Fourth of July will be more intimate this year. It also could be...

Epstein cohort's arrest becomes new test for plea deal

NEW YORK (AP) — Before Jeffrey Epstein’s jailhouse suicide last year, his defense hinged on a 2008...

France returns remains of Algerian anti-colonial fighters

ALGIERS, Algeria (AP) — After decades in a French museum, the skulls of 24 Algerians decapitated for...

Turkey: pilots on trial over Ghosn escape released from jail

ISTANBUL (AP) — A Turkish court on Friday released four pilots and a private airline official from jail,...

Ethiopia's PM accuses dissidents of taking up arms in unrest

ADDIS ABABA, Ethiopia (AP) — Ethiopia’s prime minister on Friday said dissidents he recently...

McMenamins
Derek Kravitz AP Real Estate Writer

WASHINGTON (AP) -- Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is trailing last year's - the worst in half a century.

The report suggests housing continues to drag on the U.S. economy and is a long way from recovering.

New-home sales increased 1.3 percent last month to a seasonally adjusted annual rate of 307,000, the Commerce Department said Monday. That's less than half the 700,000 that economists say must be sold to sustain a healthy housing market.

September's figures were also revised down significantly to show a weaker pace than first estimated.

Last year's 323,000 new homes sold were the fewest since the government began keeping records in 1963. This year isn't faring much better.

While new homes sales represent a fraction of the housing market, they have an outsize impact on the economy. Each home built creates an average of three jobs for a year and generates about $90,000 in tax revenue, according to the National Association of Home Builders.

Many builders have stopped working on new projects because they can't obtain financing. The number of new homes for sale in the United States fell in October to a record low of 162,000.

They are also struggling to compete against cheaper re-sales, even as they lower their own prices. The median sales price of a new home fell 0.4 percent in October from September, to $212,300.

Steven Wood, chief economist at Insight Economics, said the small number of new homes for sale should help the housing market recover quicker when prices begin to rise. But he said: "A sustained rebound in new home sales appears unlikely."

For many Americans, buying a home is too big a risk more than four years after the housing bubble burst.

Home prices have tumbled, the job market remains weak and unemployment has been stuck near 9 percent for more two years. Some people who want to buy can't qualify for a loan or make the higher down payments that banks are demanding.

Sales are slumping even though mortgage rates are hovering above historic lows.

Yet sales of previously owned homes are also dismal. They rose slightly last month to a seasonally adjusted annual rate of 4.97 million units, the National Association of Realtors said last week. That's below the 6 million that economists say is consistent with sales in a healthy market and barely ahead of last year's totals, which were the fewest since 1997.

In October, sales were uneven across the country. They increased 22.2 percent in the Midwest and 14.9 percent in the West. But they were unchanged in the Northeast and fell 9.5 percent in the South.

© 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

image of Coronavirus Disease 2019 (COVID-19)
Calendar

Photo Gallery

Photos and slide shows of local events

burgerville allies
The Skanner Photo Archives