U.S. home prices fell to new, post-bubble lows in March, according to the latest Case-Shiller home price numbers. And with the wave of foreclosures continuing, it's hard to see an end to the housing bust.
Foreclosures and short sales are a key driver of falling home prices. They contribute to the glut of houses on the market, and tend to sell at discounted prices.
After 13 years, another life cycle of the periodical cicada, classified by entomologists as Brood XIX, sing their shrill tunes in western Kentucky. According to Douglas Johnson, University of Kentucky extension professor of entomology, this brood of cicadas emerged in Hopkins County around May 16 and will continue through June. Johnson is a resident of Princeton. The insects feed on sap in the roots of trees for 13 years during the nymph stage, and then come out of the ground, shed their shells and become adults. After breeding, they die.