February home sales slump tests housing rebound
February reports show a 10.5 percent plunge in new single family home sales to a 1.08 million annual pace, the steepest drop since 1997, with the median new home price down 1.6 percent to 230,400. Existing home sales rose 5.2 percent, signaling a cooling housing market as inventories climb to a record 548,000 and months’ supply reaches 6.3. Analysts warn price relief may follow as backlogs grow, while overall manufacturing orders show mixed signals with strong aircraft demand offset by weaker non transportation sectors.
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Washington
Commerce Department
Wall Street
U.S
West
South
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Ian Shepherdson
Kansas to require gun permits in new concealed carry measure
The Kansas Legislature moved toward mandatory permits for concealed guns, part of a nationwide trend. The measure faces opposition from police chiefs and concerns over background checks. Governor Sebelius’s veto override marked a 12 year high, with supporters arguing it improves safety and trust in law‑abiding citizens. Costs include a $150 permit fee, eight hours of training, and significant local security costs for entrances to city buildings.
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Nebraska
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Alaska
Vermont
National Rifle Association
NRA
Chris Cox
Fairfax
Sebelius
Bill Graves
L. Candy Ruff
D-Leavenworth
Doug Mays
R-Topeka
Journey
Goossen
League
Plan for bigger school funding still faces opposition
A legislative study shows a larger plan to fund education while preserving rural school funding and raising local option budgets, with a plan to remove the cap once funding is adequate. The House narrowly adopted Loyd amendments after rejecting a final bill near 4 a.m. Conservative lawmakers warned of unaffordability and potential economic harm.
MENTIONED IN THIS ARTICLE
Loyd
Shaui Weber
R-Herington
House
Mike O'Neal
R-Hutchinson
Housing project to add 45 units in Ottawa with mixed use
Ottawa officials approve a plan by Foutch for a mixed use site creating 45 residential units plus recreation facilities, an auditorium and space for Ottawa Suzuki Strings. Phase one aims to finish by late May or early June, with income limits of 22680 for one and 25920 for two. Applications to reserve a unit to be offered Monday during a tour.
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Streck
Ottawa City Commission
Foutch
Ottawa Suzuki Strings
Bionic Real Estate
Wellsville
Leavenworth
Kansas City
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