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Owning a home in the Bay Area now costs twice as much renting

Published Tue, 05 Nov 2024 06:41:35 GMT

Owning a home in the Bay Area now costs more than twice as much as renting one, the largest disparity of any major population center in the country, as homeownership stretches even further out of reach for many local residents.San Jose, San Francisco and Oakland tallied the biggest cost differences between renting and owning among U.S. cities, according to a new report by real estate listing site Redfin.In San Jose, the monthly mortgage payment for a typical newly purchased home is an estimated $11,049, a 165% premium on the median rental price of $4,176, the report found. In San Francisco, the discrepancy is 139%. It’s 99% in Oakland.In much of the rest of the country, a typical home costs 25% more to buy than rent.Redfin compared mortgage and rental costs for single-family homes, condos and townhouses in the 50 most populous U.S. metros. The report did not analyze apartment rental prices.While some people choose to rent — and forgo building home equity — because ...

SF Giants’ Wade talks historic Splash Hit, and what his plans are for the ball

Published Tue, 05 Nov 2024 06:41:35 GMT

SAN FRANCISCO – Giants utilityman Lamonte Wade Jr. was able to get possession of his historic home run ball Friday night, a 385-foot blast that cleared the right field fence and landed into McCovey Cove on the fly.He just doesn’t quite know what will happen to the ball from here — although he has a good idea of what he wants to see happen.“I don’t know who it goes to. But I think personally it should go to me. I would like to keep it,” Wade said after the Giants’ 3-2 loss to the Baltimore Orioles. “So I’m pretty sure we will have discussions and negotiations about that. I think it should be mine.”Wade recorded the 100th Splash Hit in Giants history, as he drove a first-pitch fastball from Baltimore Orioles right-hander Dean Kremer into the water in the first inning before some folks in the announced Oracle Park crowd of 27,873 had even taken their seats.“I was trying to get a jump on a fastball early,” Wade said. “(Kremer’s) usually pretty good in the zone early. I...

Golden eagle’s nest halts roadwork on Contra Costa County connector

Published Tue, 05 Nov 2024 06:41:35 GMT

The eagle has landed — and work has stopped on a long-planned thoroughfare in eastern Contra Costa County.Now, East Contra Costa County residents who have long waited for Brentwood’s Sand Creek Road to connect to Antioch and a hospital along the route will have to wait a little longer.A golden eagle laid an egg in a nest in a eucalyptus tree near where a portion of the road would run just before work was to begin in late March. Because golden eagles are a protected species, no one will be lifting a shovel for several months now.When completed, the east-west thoroughfare linking southeast Antioch with Brentwood is expected to shave at least 10 minutes off a trip to the nearest hospital — Kaiser Permanente Antioch Medical Center — and relieve traffic on the heavily used Lone Tree Way to the north.Heather Beeler, migratory bird biologist with the U.S. Fish and Wildlife Service, said biologists working in the area first discovered the nest in 2018, but it has not alway...

4.4-magnitude earthquake strikes near Healdsburg

Published Tue, 05 Nov 2024 06:41:35 GMT

(BCN) -- An earthquake with 4.4 magnitude struck in Northern California about 13 miles north-northeast of Healdsburg early Saturday. Car crashes into Concord home once again The quake hit at about 5:01 a.m. and was measured at a depth of about 2.2 miles. No injuries have been reported.KRON On is streaming news live now.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }According to the U.S. Geological Survey, people typically report feeling earthquakes larger than about magnitude 2.5.Copyright © 2023 Bay City News, Inc.

Denver Weather: Cool, cloudy and rainy weekend

Published Tue, 05 Nov 2024 06:41:35 GMT

DENVER (KDVR) — Denver’s weather will feature more showers and thunderstorms through Monday but the severe threat will be limited this weekend thanks to cooler temperatures.Weather today: Showers and cooler temperaturesToday rain will build in and cap temperatures in the 60s. There will be a chance for a few thunderstorms in the afternoon, but cooler temperatures will limit the risk of storms becoming severe.Main concern will be heavy rain sitting in one spot leading to localized flooding.Looking ahead: More showers and 60sSunday will stay rainy with more widespread showers and a few afternoon thunderstorms. Temperatures also stay in the 60s before warming through the 70s next week. We start off the week with another stormy day then get back to the trend of morning sunshine followed by some storms each afternoon.

Police investigate Lauderhill shooting; 15-year-old found with multiple gunshot wounds

Published Tue, 05 Nov 2024 06:41:35 GMT

Lauderhill detectives are still investigating a shooting on Saturday morning that led to a wounded teenage boy being dispatched to the hospital. At approximately 5 a.m., police received two Shotspotter alerts in the area of Northwest 59 Avenue and Northwest 21 Street. Shortly after, several 911 calls were received as well. Upon arrival, officers discovered a Black, 15-year-old boy who had been shot several times. Lauderhill Fire Rescue transported the victim to Broward Health in Fort Lauderdale for treatment.According to officials, the victim is currently in stable condition and undergoing surgery. The Criminal Investigation Department and Crime Scene Investigation were also notified of the incident and responded to the scene. Police have not yet confirmed if a suspect is in custody, what led to the shooting, or if the gunman and victim knew each other. Please check back on WSVN.com and 7News for more details on this developing story.

‘We’re not going back’: The US and Europe are entering a new trade era

Published Tue, 05 Nov 2024 06:41:35 GMT

The trade relationship between the U.S. and the EU used to hinge on issues such as whether Americans could label their cheese using European names like Gorgonzola — or whether Europeans should buy U.S. chicken washed in chlorine.The focus now is more existential—and could make trade disputes more difficult to resolve.The first pandemic in living memory has forced a rethink of global supply chains. Massive investments are now pouring into climate change efforts. New technologies like artificial intelligence and next generation 6G communication networks threaten to upend how economies and governments function.Running beneath it all: growing anxiety over competition from China and an increasing focus in both the EU and U.S. on propping up domestic industries instead of encouraging global imports.“This is a different world: Climate, non-market economy policies and practices, supply chain vulnerabilities are top of mind,” said Daniel Mullaney, who retired this year as the United States’ ...

Crews respond to car into building in Back Bay

Published Tue, 05 Nov 2024 06:41:35 GMT

A car drove into a building at Hadassah Way in Back Bay, the Boston Fire Department tweeted Saturday morning.https://twitter.com/BostonFire/status/1664989992744108033?s=20No injuries were reported, and a building inspector will be investigating the building to determine the extent of the damage.No other details were immediately available.This is a developing story; stay with 7NEWS on-air and online for the latest updates.

Scientists ‘stunned’ by mysterious structures found in the Milky Way

Published Tue, 05 Nov 2024 06:41:35 GMT

(CNN) — An international team of astrophysicists has discovered hundreds of mysterious structures in the center of the Milky Way galaxy.These one-dimensional cosmic threads are hundreds of horizontal or radial filaments — slender, elongated bodies of luminous gas that potentially originated a few million years ago when outflow from Sagittarius A*, the Milky Way’s central supermassive black hole, interacted with surrounding materials, according to a study published Friday in The Astrophysical Journal Letters. The filaments are relatively short in length, each measuring 5 to 10 light-years.The findings come nearly 40 years after Farhad Yusef-Zadeh, the study’s lead author, and other researchers discovered another population of nearly 1,000 one-dimensional filaments, which are vertical and much larger at up to 150 light-years long each, near the galaxy’s center. Yusef-Zadeh and collaborators also found hundreds more paired and clustered vertical filaments ...

Bill Madden: With pitching woes throughout AL East, Yankees pitching remains class of the division

Published Tue, 05 Nov 2024 06:41:35 GMT

The cavalry in the persons of Giancarlo Stanton and Josh Donaldson arrived for the Yankees this weekend with Carlos Rodon hopefully not too long behind and that is good news in the Bronx. What is even better news, however, is that, in their absence, the Yankees have held their own in the American League East and going forward may have the best pitching in the division.As it is, the Yankee starters have compiled a 4.29 ERA over the first two months of the season (13th lowest in baseball) but that was mostly without Luis Severino and with Clarke Schmidt learning to pitch in the majors on the fly, having lowered his ERA by over a run in his last three starts. Gerrit Cole remains a dominant No. 1. Nestor Cortes, minus one horrific outing May 13 against Tampa Bay when he was sick, has made some minor adjustments and is back to being a consistent No. 2 or 3, while Domingo German had the lowest WHIP (0.975) of any AL East starter as of Saturday.This is significant because the Yankees’...