Leave a Comment | Posted by on May 31, 2011
KOIT News-May 31, 2011
Posted in: Uncategorized
HOME PRICES IN MAJOR CITIES HAVE REACHED THEIR LOWEST LEVEL SINCE THE HOUSING BUBBLE BURST IN 2006. PRICES ARE BEING DRIVEN DOWN BY FORECLOSURES AND A GLUT OF UNSOLD HOMES. PRICES IN A DOZEN MARKETS HAVE REACHED THEIR LOWEST POINTS SINCE THE HOUSING CRISIS BEGAN WITH PRICES RISING ONLY IN SEATTLE AND WASHINGTON DC.
THE NUMBER OF PEOPLE STILL MISSING FROM LAST WEEK’S TORNADO IN MISSOURI HAS DROPPED TO 29. BUT OFFICIALS SAY IT WOULD BE A MIRACLE TO FIND ANY OF THEM ALIVE 8 DAYS LATER. THE MASSIVE MAY 22ND TORNADO KILLED 142 PEOPLE IN JOPLIN. SEARCH AND RESCUE EFFORTS CONTINUED ON MEMORIAL DAY.
4 PEOPLE HAVE BEEN KILLED AFTER A COMMERCIAL TOUR BUS OVERTURNED TODAY ON I-95 IN CENTRAL VIRGINIA. THE BUS RAN OFF THE HIGHWAY BEFORE DAWN AND TURNED ONTO ITS ROOF. FEDERAL AUTHORITIES SAY 2800 SPOT CHECKS OF PASSENGER BUSES ACROSS THE COUNTRY HAVE RESULTED IN ABOUT 10 PERCENT OF THE VEHICLES OR DRIVERS BEING TAKEN OFF THE ROAD.
AND AN OIL SPILL AND A SMALL EXPLOSION HAVE CAUSED LIMITED DAMAGE AT THE CRIPPLED NUCLEAR POWER PLANT IN JAPAN. THE EXPLOSION HEARD AT REACTOR 4 WAS LIKELY FROM A GAS TANK AND DID NOT CAUSE ANY ADDITIONAL RADIATION LEAKS. THE CAUSE IS UNDER INVESTIGATION.






























