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High rates putting “golden handcuffs” on many sellers in metro Denver’s housing market

Published Mon, 11 Nov 2024 01:43:36 GMT

Anna Vavruska and her husband would like to sell the home they purchased in the Sunnyside neighborhood at the start of the pandemic. But that would require a trade-off they aren’t willing to accept — a much higher mortgage payment.“Since we had a child, we definitely have thought about leaving central Denver, but it is not a good time. Even though we have equity in our home, we would still need to take on another mortgage,” Vavruska said.Instead of a 3% mortgage rate that now makes for a manageable monthly payment, they would be staring at something between 6.5% to 7%.Likewise, Tyler Bellis and his wife, Shayla, wouldn’t mind switching out the central Aurora home they acquired in 2018 for something roomier as they prepare to start a family.Yet, swapping out the low 2.7% rate they have on their mortgage for one at today’s rates would boost their monthly payment by $600 to $700  — even after slapping 31% down on the next property.“We wou...

Pascal Najadi- a Successful Banker Turned Social Activist Who Refused to Stay Tight-Lipped in the Face of Injustice

Published Mon, 11 Nov 2024 01:43:36 GMT

Today, the banking sector is at a turning point, facing challenges from cross-industry platforms like Amazon, Google, Microsoft, PayPal, and Spotify. These companies are enjoying constant success due to better economic models. Market experts insist banks are heading in the wrong direction due to poor futuristic strategy.What must be done to understand what went wrong? Maybe, a look at someone’s exceptional journey holds the answer, and who better to look at than Pascal Najadi? Having an extensive experience of 25 years in the banking sector, Najadi is the best man to look at.What went wrong in the past few years for the banking industry? One of the reasons is poor credit and lousy loan policies. Another reason for the crisis is bad management practices and high-interest rates. Hence, by the Great Recession’s end, more than 600 banks had failed. Many experts and economists emphasized that it was because of bad government policies.“The banking collapse was caused, mo...

Woman who hired a hitman using bitcoin to kill her ex-husband in Northern California gets five years in prison

Published Mon, 11 Nov 2024 01:43:36 GMT

RENO, Nev. — A Nevada woman who admitted to hiring a hitman on the internet for $5,000 in bitcoin to kill her ex-husband “and make it look like an accident” was sentenced to five years in prison.Kristy Lynn Felkins, 38, of Fallon, Nevada, pleaded guilty in March to a charge of murder-for-hire as part of a deal with federal prosecutors that avoided trial, court records show.A U.S. District Court judge in California also ordered on Thursday that Felkins be released under supervision for three years after she serves her prison sentence.Felkins began communicating with someone in 2016 on a dark web hitman website that claimed to offer murder-for-hire services, according to her September 2020 indictment. Felkins wanted her ex-husband killed while he was traveling in Chico, California, the indictment said.Related ArticlesCrime and Public Safety | Tracy man arrested on suspicion of killing his 65-year-old mother Crime and Public Safety | San Francisco homicides: ...

San Jose: Part of southbound highway 101 closed for nearly 90 minutes after four-vehicle crash

Published Mon, 11 Nov 2024 01:43:36 GMT

SAN JOSE — A crash involving four vehicles Monday morning forced emergency crews to shut down part of southbound Highway 101 in South San Jose for nearly 90 minutes, according to authorities.The closure was in effect between Tully Road and Capitol Expressway. A San Jose Fire Department tweet Monday morning said there was no estimated time to reopen the lanes as of 5:12 a.m. The collision was reported at 4:08 a.m.According to a Sigalert issued, all lanes were reopened by 5:47 a.m.The #SJFD is on-scene of SB Hwy 101 before Capitol Exp for a 4-vehicle accident. Three patients were transported – SB 101 is currently closed. No eta to reopening. TOC 0408 @CHPSanJose pic.twitter.com/mclvb8orPy— San José Fire Dept. (@SJFD) July 24, 2023Related ArticlesCrashes and Disasters | Traffic and safety project to close Eastshore Highway in Berkeley through September Crashes and Disasters | Driving with hazard lights flashing might seem like right thing to do, b...

‘Like Halloween’: Bay Area Swifties get creative with their Eras Tour outfits

Published Mon, 11 Nov 2024 01:43:36 GMT

Sarah Peters, 22, doesn’t consider herself a fashion designer. But she is a proud “Swiftie.” And so it turns out her pandemic painting hobby gave her the idea to design colorful, customized jeans adorned with Taylor Swift song references — Cornelia Street on one leg and a purple dragon on the other for her, and a different design for her mom, Tammi — to wear in honor of her muse’s Eras Tour concert in Santa Clara this month.They don’t have tickets and venue officials said fans without them should stay away. So Sarah and Tammi haven’t decided whether to travel from their Livermore home to join thousands of other bejeweled and bedazzled devotees paying homage to Swift both inside and outside Levi’s Stadium during two concerts July 28 and 29. Those fans have spent weeks preparing — from trading friendship bracelets to hand-making their own outfits that highlight one or the other of Swift’s career incarnations, from paisl...

Livermore police chief pushes Alameda County DA for tougher penalties

Published Mon, 11 Nov 2024 01:43:36 GMT

In a letter, Livermore’s police chief has knocked Alameda County District Attorney Pamela Price’s office for not pursuing tougher penalties against a robbery suspect whose alleged crimes “shock the conscience of our community.”“In one of these crimes, the victim was beaten and required sutures,” Police Chief Jeramy Young wrote in a letter to Price, which was dated July 6 and provided to this newspaper. He added, “The circumstances in this case are exactly why enhancements exist.”In his letter to Price, Young urged prosecutors to file “all relevant” sentence enhancements against the 21-year-old defendant, Colby Berry, who is accused of attacking two women May 21 while armed with a firearm, on parole for a prior shooting and wearing a GPS ankle monitor.In an interview, Young said he had not heard back from Price, expressing disappointment with the handling by her office of what he called an “egregious” case.“I’m not satisfied with the handling...

Elon Musk makes fan-created ‘X’ Twitter’s new logo in abrupt change

Published Mon, 11 Nov 2024 01:43:36 GMT

By Vlad Savov | BloombergElon Musk has changed Twitter’s logo, replacing its signature blue bird with a stylized X as part of the billionaire’s vision of transforming the 17-year-old service into an everything app.It only took 24 hours. Late on Saturday, Musk invited his 149 million followers to suggest an X logo, then chose one of the designs and made it the company’s new brand identity on Sunday. The X is now the social platform’s home page logo, Musk’s profile photo and even part of loading animations. He confirmed in responses to followers that he intends to adopt it as an interim design, which “probably changes later, certainly will be refined.”The graphic was later projected on Twitter’s San Francisco offices and adopted as a background image by Chief Executive Officer Linda Yaccarino, who tweeted her support and a photo of the multistory X.While crowdsourcing the logo, Musk changed his profile information to read “X.com,” a web address that now redirects to corresponding user...

49ers camp preview: Who steps up alongside NFL’s top linebacker duo of Warner, Greenlaw?

Published Mon, 11 Nov 2024 01:43:36 GMT

SANTA CLARA — One year, it’s Fred Warner being called the NFL’s best linebacker by Aaron Rodgers.Another year, it’s Dre Greenlaw intercepting Tom Brady, then daringly seeking his autograph on that football.They are kings of the NFL linebacker world, and they are instrumental to the 49ers’ defense in another season with Super Bowl expectations.“They wanted to consider themselves as the best linebacker group in the world about three years ago,” linebackers coach Johnny Holland said. “I always tell them it’s a tough task.“If you consider yourself that, you’ve got to show it not just on Sundays but every day, and those guys are willing to work every day. They are the hardest work in linebacker group I’ve been around.”Beyond Warner and Greenlaw is a group of talented but mostly untested linebackers who could be summoned at any instant to keep things grooving. Azeez Al-Shaair did that the past few seasons, and he’s now making a full-time audition with the Tennessee Titans via ...

Four-vehicle accident closes lanes on Hwy 101 in San Jose

Published Mon, 11 Nov 2024 01:43:36 GMT

(KRON) -- A four-vehicle accident brought traffic on Highway 101 to a standstill early Monday morning, according to the San Jose Fire Department. Car veers off dead and falls over Sanchez Street Stairs in San Francisco The crash occurred in the southbound lanes of Hwy 101, just before the Capitol Expressway and near the Dovehill neighborhood. Three patients were taken to local hospitals for treatment after the crash. At this time all southbound lanes are currently closed in the area. SJFD did not have an estimated time of reopening. This is a developing story. Please stick with KRON for updates.

Twitter unveils new logo, rebrands as 'X'

Published Mon, 11 Nov 2024 01:43:36 GMT

(KRON) -- The Twitter rebrand into "X" has begun, and the image of the new logo was projected on the outside of the company's headquarters on Sunday evening. Car veers off dead end at Sanchez Street Stairs in SF However, the projection did not last, the new logo was no longer on the building by Monday morning. The simple X logo replaced the iconic bird logo which was established back in 2006. Elon Musk announced the company's after taking over the company last year. Musk recently handed the CEO reigns over to Linda Yaccarino, a former NBC Universal marketing director. "It’s an exceptionally rare thing – in life or in business – that you get a second chance to make another big impression. Twitter made one massive impression and changed the way we communicate. Now, X will go further, transforming the global town square," Yaccarino wrote. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now KRON4 Breaking Ne...