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Can’t afford a single-family home? Bay Area house hunters opt for condos as homeownership costs soar

Published Fri, 27 Dec 2024 05:13:32 GMT

Can’t afford to buy your Bay Area dream home? Have you considered a condo?That’s the question real estate agents across the region now are asking house hunters squeezed by soaring mortgage rates and sky-high listing prices.Since the pandemic upended the local housing market three years ago, more buyers have opted for condominiums and townhomes instead of pricier single-family homes. For some, it’s their best chance to build equity in a starter property. Others have grown tired of the headaches of renting and sought to flee cramped apartments as they’ve spent more time working from home.“They want to have control over their future,” said Mary Pope-Handy, a real estate agent in Los Gatos.In May, the median sales price for existing condos in the Bay Area was $788,500, according to the California Association of Realtors. Compare that to an eye-popping $1.3 million for the typical single-family home.On a monthly basis, prices for condos and single-fami...

Breaking down the new CBA: How does it impact the Warriors now and later?

Published Fri, 27 Dec 2024 05:13:32 GMT

A shocking trade of Jordan Poole for veteran Chris Paul was a clear cut sign that the two-timeline plan is completely shut in Golden State. New general manager Mike Dunleavy Jr. is making moves to go all in on the Steph Curry era to keep open this championship window.The Poole, Paul trade also helps accomplish a secondary goal to whittle down long-term financial commitments and create financial flexibility when the most punitive new collective bargaining agreement rules kick in.The Poole/Paul trade in itself creates financial flexibility. Poole was owed a guaranteed contract for an average $32 million per year for the next four years, while what remains on Paul’s contract is either partially or non-guaranteed money. That means the Warriors aren’t on the hook to pay him next year.Strides to open up the books beyond this season is key because the NBA’s new collective bargaining agreement will severely punish teams like the Warriors who are above a new “second a...

Warriors stars Curry, Thompson battle Chiefs’ Mahomes, Kelce in title winners golf showdown

Published Fri, 27 Dec 2024 05:13:32 GMT

Warriors fans have for years heard about Steph Curry and Klay Thompson’s skills on the golf course. Thursday night, they can watch for themselves.The Splash Brothers are teaming up against the Kansas City Chiefs’ Patrick Mahomes and Travis Kelce in The Match VIII, TNT’s made-for-TV celebrity golf competition. The 12-hole scramble airs at 3:30 p.m. PST from the Wynn Las Vegas. The Match also will be broadcast on truTV and streamed live on SlingTV.Curry and Mahomes are making their second appearances in The Match. Both have won their respective league’s championships — and MVP awards — multiple times, but both are looking for their first victories in The Match.“We’ll win ‘The Match’ first and then two weeks later, the American Century up in Tahoe,” Curry predicted to PAGTOUR.com. “I know I have the game to do it.”Curry is a devout golf fan and well-regarded among non-golf professionals who take up the sport. He’s an annual particip...

Editorial: With MLB, San Jose should be careful what it wishes for

Published Fri, 27 Dec 2024 05:13:32 GMT

In 1990, Oakland A’s owner Walter Haas gave permission for the San Francisco Giants to obtain territorial rights to Santa Clara County for the express purpose of building a South Bay stadium to house the Giants.It was a generous act in the best interests of baseball, a gentlemanly display among owners that was as rare as a triple play or perfect game.Of course, when South Bay voters — twice — rejected a proposal for a Giants stadium, the rights should have reverted back to the original status. That didn’t happen.Now, as Oakland seems destined to lose the A’s to Las Vegas and San Jose seeks an expansion team, the latter city is deluding itself if it expects the current Giants owner, billionaire Charles Johnson, to give up those territorial rights to Santa Clara County without a fight. Baseball’s 29 other owners will almost certainly side with Johnson, wanting to protect their own territorial rights in the process.How far is Major League Baseball wi...

Professor and 2 students stabbed in gender issues class at Canadian university. Suspect is in custody

Published Fri, 27 Dec 2024 05:13:32 GMT

TORONTO  — A professor and two students were stabbed Wednesday during a class on “gender issues” at a university in the Canadian city of Waterloo and a suspect has been taken into custody, police said.The wounds were non-life threatening, police said, adding that the motive for the attack at the University of Waterloo was not immediately clear. The suspect was being questioned by investigators.“There is no further threat to public safety either on campus or outside in the broader community at this time,” Waterloo Regional Police Service Supt. Shaena Morris said at a news conference.Nick Manning, associate vice-president of communications for the University of Waterloo, identified the suspect as a member of “the university community” but declined to confirm the individual is a student. He said two students and a professor were stabbed.Manning said the stabbing occurred in Philosophy 202, which, according to the university website, focuses on “gender issues.”“Our entire community is r...

Detached house sells for $2.4 million in Oakland

Published Fri, 27 Dec 2024 05:13:32 GMT

7150 Norfolk Road – Google Street ViewA spacious house located in the 7100 block of Norfolk Road in Oakland has a new owner. The 2,789-square-foot property, built in 1994, was sold on May 19, 2023, for $2,375,000, or $852 per square foot. The property features five bedrooms, three bathrooms, a garage, and two parking spaces. The unit sits on a 5,491-square-foot lot.These nearby houses have also recently been sold:On Devon Way, Oakland, in January 2023, a 4,547-square-foot home was sold for $1,650,000, a price per square foot of $363. The home has 2 bedrooms and 5 bathrooms.A 2,639-square-foot home on the 1800 block of Grand View Drive in Oakland sold in October 2022, for $2,015,000, a price per square foot of $764. The home has 4 bedrooms and 3 bathrooms.In August 2022, a 3,686-square-foot home on Grand View Drive in Oakland sold for $2,149,000, a price per square foot of $583. The home has 3 bedrooms and 4 bathrooms. 

Major collision involving four cars in Vallejo, one extracted

Published Fri, 27 Dec 2024 05:13:32 GMT

(KRON) -- Four vehicles were involved in a crash Wednesday night in Vallejo at the intersection of Sonoma Boulevard and Sereno Drive. Salinas mother fatally stabbed in front of her toddlers: police According to the Vallejo Fire Department, one person was extracted from their car. The cause of the collision is currently unknown.(Photo: Vallejo Fire Department)(Photo: Vallejo Fire Department)Firefighters did not say how many individuals were involved in the crash, however all victims involved were taken to the hospital.

Police investigating Pride, Ukrainian flag burnings in Silver Spring

Published Fri, 27 Dec 2024 05:13:32 GMT

Montgomery County authorities are investigating the burnings of Pride and Ukrainian flags throughout Silver Spring, Maryland.The Montgomery County Police Department said it had determined several of the flags were burned overnight from Tuesday into Wednesday. In a news release, the department said it was working to identify who was responsible for the “multiple hate-based vandalisms.”The burnings occurred in the Mansfield Road, Wayne Place, Ellsworth Place, Greenbrier Drive, Pershing Drive and Deerfield Drive neighborhoods.In a Ring camera surveillance video released by news outlet NBC Washington, a person is seen covering their face while setting a pride flag on fire outside a home in downtown Silver Spring. The fire caused burn marks on the door frame.“Crime has kind of increased in this area, but I’ve never seen anything directed towards a specific group, and this was pretty loud,” Chris Middleton told NBC Washington.Council member Kate Stewart said the Pa...

Paychex: Fiscal Q4 Earnings Snapshot

Published Fri, 27 Dec 2024 05:13:32 GMT

ROCHESTER, N.Y. (AP) — ROCHESTER, N.Y. (AP) — Paychex Inc. (PAYX) on Thursday reported fiscal fourth-quarter earnings of $350.4 million.On a per-share basis, the Rochester, New York-based company said it had profit of 97 cents.The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.The payroll processor and human-resources services provider posted revenue of $1.23 billion in the period, beating Street forecasts. Eight analysts surveyed by Zacks expected $1.22 billion.For the year, the company reported profit of $1.56 billion, or $4.30 per share. Revenue was reported as $5.01 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAYX at https://www.zacks.com/ap/PAYXSource

Denver Weather: Pinpoint Weather Alert Day for Thursday storm potential

Published Fri, 27 Dec 2024 05:13:32 GMT

DENVER (KDVR) - Thursday is a Pinpoint Weather Alert Day with forecasts having the eastern part of Denver in a slight risk for severe weather.The biggest concern is from I-25 through the Eastern Plains and into Kansas and Nebraska.The area between I-25 and the foothills is now considered a marginal risk for severe weather.Weather today: Afternoon stormsStorms will form over the I-25 corridor from 2-3pm and push out over the plains through the evening hours. Another shower is possible after sunset in the city, with storms clearing across the plains overnight.Storms will be stronger out in the plains. Extra clouds this morning over the city and highs staying in the middle to upper 70s will limit severity in the metro area. Storms today can have large hail, gusty winds, and an isolated tornado.Weather tonight: Slow clearingStorms will push east with slow-clearing skies tonight. Winds will become lighter as temperatures dip into the upper 50s.Looking ahead: More storms and coolerStorm c...