August 25, 2010

Record-low mortgage rates haven’t been able to help spur home sales. The National Association of Realtors says sales of existing homes in July dropped to their lowest rate in 15 years. The Midwest was the hardest hit, with sales plunging 35 percent. Many say the slowdown is fallout from increased sales that occurred before the federal homebuyer tax credit ended last spring. Source Link
 

They say everything’s bigger in Texas, and that includes the electric bills. The Lone Star State has set an all-time electric usage record as schools and universities were back in session this week, requiring air conditioning for thousands of classrooms. Temperatures have topped over 100 degrees in Houston, San Anotnio and Dallas, driving demand for more power. Source Link

A pet health insurance company has announced the winner of its annual contest to find the most unusual claim. Veterinary Pet Insurance Company says the award goes to a California Labrador Retriever that ate an entire bee hive with thousands of dead bees inside it. The runners-up included a border collie that crashed through a window to get to a mail carrier, and a terrier that tried to take a bite from a buzzing chainsaw. Source Link