Tuesday, April 15, 2008

TUESDAY HEADLINES.....

NEWS

* According to information released by DataQuick Information Services, home prices in Southern California dropped nearly 25 percent in March, sending property values to almost a four-year low. Median prices for homes that were sold in a six-county region were at $385,000, more than $100,000 less than the same time a year ago.

* Two men suffered injuries when a small plane went down in San Dimas. The twin-engine Piper reportedly took off around 8:45 p.m. from Brackett Field and crashed a short time later.

* With older arenas and stadiums falling by the wayside nationwide, one local landmark doesn't appear to be going anywhere anytime soon. The Bay Area's Cow Palace obtained a new lease on life as State Sen. Leland Yee (D) halted his bid to place the aging facility up for sale. The new deal calls for just an adjoining parking lot to be sold. The Cow Palace, which could have been razed for condos and a market, was built in 1941. Among other events, it hosted the former San Francisco Warriors of the NBA for several years.

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SPORTS

* The San Jose Sharks evened their NHL first round series with the Calgary Flames at 2-2 with a 3-2 victory in Calgary. The Anaheim Ducks now trail the Dallas Stars 2-1 in games following a 4-2 victory in Dallas.

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