Saturday, May 25 2013 11:10 AM EDT2013-05-25 15:10:36 GMT
The new state budget that increases funding for schools the next two years won't benefit every Indiana school district. Terry Spradlin of Indiana University's Center for Evaluation and Education PolicyMore >>
The new state budget that increases funding for schools the next two years won't benefit every Indiana school district.More >>
Saturday, May 25 2013 11:09 AM EDT2013-05-25 15:09:31 GMT
Floats and bands are beginning to line the streets Saturday morning for the 2013 IPL 500 Festival Parade. Eight of the 12 floats scheduled to appear in the parade were judged Thursday evening. The 2013More >>
More than 300,000 spectators are expected to line the two-mile parade route to see the 33 starting drivers of the 2013 Indianapolis 500®, more than 80 specialty units, floats, marching bands and giant inflatable balloons.More >>
Saturday, May 25 2013 9:30 AM EDT2013-05-25 13:30:48 GMT
The city of Columbus is hiring an Indianapolis Museum of Art conservator to help preserve historic buildings before their past is lost. Mayor Kristen Brown says the decision to hire Richard McCoy stemsMore >>
The city of Columbus is hiring an Indianapolis Museum of Art conservator to help preserve historic buildings before their past is lost.More >>
Saturday, May 25 2013 8:46 AM EDT2013-05-25 12:46:39 GMT
Indiana officials want more oversight of a grant program that distributes riverboat casino revenue to communities for economic development. Republican Sen. Jim Banks of Columbia City and Attorney GeneralMore >>
Indiana officials want more oversight of a grant program that distributes riverboat casino revenue to communities for economic development.More >>
Saturday, May 25 2013 8:22 AM EDT2013-05-25 12:22:01 GMT
The Indiana Pacers are trying to even the Eastern Conference finals in Miami. Indiana has opened up a 12-point lead late in the first quarter. Roy Hibbert leads the Pacers with eight points. LeBron JamesMore >>
The Indiana Pacers have evened the Eastern Conference finals in Miami.More >>
Saturday, May 25 2013 5:53 AM EDT2013-05-25 09:53:25 GMT
An Elwood High School baseball coach is under investigation for touching one of his players. The Anderson Herald Bulletin reports that Elwood Police Chief Sam Hanna confirmed that Charles "Chuck" Everson,More >>
An Elwood High School baseball coach is under investigation for touching one of his players. More >>
Saturday, May 25 2013 12:56 AM EDT2013-05-25 04:56:19 GMT
A female pedestrian is in the hospital after being struck by a vehicle on the northeast side of Indianapolis. The woman was hit on E. 34th Street, between Gladstone and Colorado, around 9:45 p.m. Friday.More >>
A female pedestrian is in the hospital after being struck by a vehicle on the northeast side of Indianapolis.More >>
Saturday, May 25 2013 12:46 AM EDT2013-05-25 04:46:54 GMT
Tamika Catchings and Shavonte Zellous each scored 19 points and the Indiana Fever opened defense of their WNBA title with a resounding 79-64 victory over the depleted San Antonio Silver Stars on FridayMore >>
Tamika Catchings and Shavonte Zellous each scored 19 points and the Indiana Fever opened defense of their WNBA title with a resounding 79-64 victory over the depleted San Antonio Silver Stars on Friday night.More >>
Saturday, May 25 2013 12:00 AM EDT2013-05-25 04:00:53 GMT
If you waited until Friday to drive your RV to the Indianapolis Motor Speedway, you likely paid more to fill it up. "If you have to worry about the price of gas," said Hoosier race fan Steven Isaacs,More >>
This Memorial Day, gas prices are about where they were last year, instead of being up again.More >>
Friday, May 24 2013 11:18 PM EDT2013-05-25 03:18:05 GMT
Several Indiana teachers put their lives on the line just a year ago when two F-4 tornadoes hit Henryville and destroyed the elementary and high school. When Henryville Elementary School Teacher KristiMore >>
Several Indiana teachers put their lives on the line just a year ago when two F-4 tornadoes hit Henryville and destroyed the elementary and high school.More >>
LOS ANGELES -
Bank-owned homes and those in some stage of the foreclosure process saw their share of overall U.S. home sales grow in the first three months of this year.
Foreclosure listing service RealtyTrac says the increase was driven by a spike in short sales, or homes that sell for less than what the owner owes on their mortgage.
Short sales make up the vast majority of homes sold while still in the foreclosure process. Those that aren't sold or auctioned off typically end up being repossessed by banks.
Short sales grew 25 percent from a year earlier, hitting a three-year high.
In contrast, sales of bank-owned properties declined 15 percent versus the first quarter last year.
Foreclosure sales in the first quarter made up 26 percent of all U.S. home sales in the same period. That's well below its first-quarter 2009 peak of 45 percent.
(Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.)
Friday, May 24 2013 10:04 PM EDT2013-05-25 02:04:40 GMT
Two people are in custody after an incident where an IMPD officer fired his duty weapon. Police say officers were investigating an incident in the 3200 block of Boulevard Place when a suspect failed toMore >>
Two people are in custody after an incident where an IMPD officer fired his duty weapon.More >>
Friday, May 24 2013 7:55 PM EDT2013-05-24 23:55:55 GMT
A Greenfield police officer is fighting to keep his vanity license plate. Rodney Vawter has owned the personalized Fraternal Order of Police license plate "0INK" for the past three years. A class actionMore >>
A Greenfield police officer is fighting to keep his vanity license plate after it was revoked by the BMV.More >>
Saturday, May 25 2013 8:22 AM EDT2013-05-25 12:22:01 GMT
The Indiana Pacers are trying to even the Eastern Conference finals in Miami. Indiana has opened up a 12-point lead late in the first quarter. Roy Hibbert leads the Pacers with eight points. LeBron JamesMore >>
The Indiana Pacers have evened the Eastern Conference finals in Miami.More >>
Friday, May 24 2013 10:41 PM EDT2013-05-25 02:41:45 GMT
A couple from Elwood face charges after police say they found a marijuana growing operation in their basement. Stephen Stookey, 70, and Marilyn Stookey, 69, were arrested after police raided their homeMore >>
A couple from Elwood face charges after police say they found a marijuana growing operation in their basement.More >>
Saturday, May 25 2013 12:56 AM EDT2013-05-25 04:56:19 GMT
A female pedestrian is in the hospital after being struck by a vehicle on the northeast side of Indianapolis. The woman was hit on E. 34th Street, between Gladstone and Colorado, around 9:45 p.m. Friday.More >>
A female pedestrian is in the hospital after being struck by a vehicle on the northeast side of Indianapolis.More >>
Friday, May 24 2013 5:49 PM EDT2013-05-24 21:49:53 GMT
St. Vincent Health's restructuring announcement this week did not come as a surprise. The 22-hospital system currently employs more than 3,000 physicians and 16,000 other employees. St. Vincent CEO VincentMore >>
The St. Vincent announcement is really the latest installment by hospitals trying to deal with the uncertainty to come.More >>
The crash of a volunteer Angel Flight in upstate New York that killed at least two people is under investigation, and the search for the missing pilot is ongoing, authorities said.More >>
Divers searched a large pond while investigators combed nearby woods Saturday for any sign of the pilot of a volunteer Angel Flight that crashed in upstate New York, killing two passengers.More >>
Friday, May 24 2013 9:48 PM EDT2013-05-25 01:48:30 GMT
An eastern Indiana man has been sentenced to 37 years in prison in the starvation death of his 3-month-old son. A Wayne County jury found 25-year-old Joseph Pierson guilty but mentally ill of recklessMore >>
An eastern Indiana man has been sentenced to 37 years in prison in the starvation death of his 3-month-old son.More >>
Dan Sligh and his wife were in their pickup truck on Interstate 5 heading to a camping trip when a bridge before them disappeared in a "big puff of dust."More >>
The trucker was hauling drilling equipment when his load bumped against the steel framework over an Interstate 5 bridge. He looked in his rearview mirror and watched in horror as the span collapsed into the water behind him....More >>
Friday, May 24 2013 6:32 PM EDT2013-05-24 22:32:12 GMT
One of our city's best-known landmarks could soon see some changes not just in the way it looks, but in the way it's used. Friday's Memorial Day service is one of many events that takes place on MonumentMore >>
One of our city's best-known landmarks could soon see some changes not just in the way it looks, but in the way it's used.More >>
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