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Bay Area home sales at lowest level in 20 years

Published Sat, 22 Feb 2025 10:28:36 GMT

SAN JOSE, Calif. (KRON) – Home sales in the Bay Area are at their lowest level in 20 years. KRON4 spoke to a realtor about why there are so few homes on the market.Michelle Elliot, a realtor with Coldwell Banker in the South Bay, was in the top 3% of sales for 2022 in Santa Clara County, but this year, things are different.“I’m in the top 1% in my county, and I’ve done about 40% less, and I’m still in the top 1% for my county,” she said.Elliot says COVID and the federal reserve interest rate hikes have led to fewer home sales. Group of bicyclists rides onto 580 freeway, prompting CHP warning “First is that, because the interest rate kind of popped up, it means that sellers that previously had a low-interest rate really don’t have that much incentive to sell their property and get into a larger property or change their interest rate,” she said. A report released earlier this month said Bay Area real estate prices have also dropped the fastest in the country.Jeff Tucker, a seni...

La autora acusada de matar a su marido presenta una demanda contra su patrimonio

Published Sat, 22 Feb 2025 10:28:36 GMT

(CNN) — Kouri Richins, la autora de Utah acusada de envenenar a su difunto marido con una dosis mortal de fentanilo, demandó a la herederos de su marido con la esperanza de obtener ingresos de su negocio y de la casa familiar, según muestra una nueva demanda judicial.La demanda se produce en medio de varias acusaciones en el caso de asesinato que se centran en las finanzas de la pareja, aludiendo a un posible motivo. En el expediente penal se incluye la creencia de un experto de que algunos de los documentos de Eric Richins relacionados con el seguro de vida y el poder notarial duradero pueden haber sido falsificados. La demanda civil no menciona los cargos contra Kouri.Según los documentos presentados en la causa penal contra Kouri, Eric se reunió con un planificador patrimonial y ordenó intencionadamente que su patrimonio fuera gestionado por su hermana en lugar de por su esposa. Estableció un fideicomiso para “mantener tanto a mi esposa como a nuestros hijos durante c...

New Zealand abandons Qatar friendly at halftime over alleged racist comment

Published Sat, 22 Feb 2025 10:28:36 GMT

WELLINGTON, New Zealand (AP) — New Zealand abandoned its football friendly against Qatar at halftime in Austria on Monday after accusing a Qatari player of making a racist comment to defender Michael Boxall.In a statement issued on Tuesday, Football New Zealand said the team refused to play the second half when the referee declined to take action.New Zealand was leading 1-0 in Ritzing.The incident happened after Qatar was awarded a free kick. The New Zealanders complained Qatar’s Yousuf Abdurisag made a racist comment to Boxall, who is of Samoan heritage.After a melee between the teams in the 40th minute, New Zealand captain Joe Bell complained to referee Manuel Schuttengruber, who shook his head, indicating he would not take action against the Qatar player.“We fully support the action of our players, who agreed collectively this course of action,” New Zealand Football CEO Andrew Pragnell said in a statement. “We never want to see a match abandoned but some issues are bigger t...

Stock market today: Asian shares mostly slip after US markets were closed for a national holiday

Published Sat, 22 Feb 2025 10:28:36 GMT

TOKYO (AP) — Asian shares mostly declined Tuesday as some investors took a wait-and-see attitude after U.S. markets were closed for a national holiday. Some investors were also disappointed after a meeting between Chinese leader Xi Jinping and Secretary of State Antony Blinken yielded no signs of progress from either side on Taiwan, human rights, technology and other issues of contention. Japan’s benchmark Nikkei 225 shed 0.6% to 33,161.94. Australia’s S&P/ASX 200 added 0.9% to 7,362.90. South Korea’s Kospi lost 0.3% to 2,601.07. Hong Kong’s Hang Seng dipped 1.4% to 19,627.86, while the Shanghai Composite edged down 0.2% to 3,248.53. The Chinese government said the meeting between Xi and the top U.S. diplomat produced “candid and in-depth” talks. Bilateral relations are at their lowest point in decades. Both sides indicated a willingness to cooperate.“There is no doubt China and the U.S.A. need each other, and their relationship to be back on a more secur...

Virginia voters picking nominees in hotly contested legislative races

Published Sat, 22 Feb 2025 10:28:36 GMT

RICHMOND, Va. (AP) — A Virginia legislative primary season marked by hard-fought campaigns in both parties will come to a close Tuesday, as voters pick their party’s nominee for dozens of seats, including some swing districts that will help determine the balance of power in the General Assembly. Both parties and both chambers have competitive contests on the ballot in the primary election. An unusually high number of sitting officeholders are also facing serious challenges in an election season upended by new political maps. This year marks the first cycle in which legislative candidates are running in districts created during the redistricting process that ended in late 2021. The new maps were drawn by outside experts without regard to incumbent protection. That’s contributed to a wave of retirements by many of the General Assembly’s veteran lawmakers and diminished the name-recognition advantage for incumbents, some of whom are running in almost entirely new dist...

POLITICO Pro Central Banker: BOE super supervision — Digital euro delay — R* expectations

Published Sat, 22 Feb 2025 10:28:36 GMT

Our one-stop source for central banking & monetary policy news.View in your browser or listen to audioBy GEOFFREY SMITHwith JOHANNA TREECK, BEN MUNSTER, HANNAH BRENTON, GIORGIO LEALI and IZABELLA KAMINSKASNEAK PEEK— “All systems go” at the BoE as the Old Lady probes into the deepest and darkest crevices of the financial system to better detect risks.— The European Commission’s long awaited proposals for a legal framework for a digital euro are delayed once again.— Bank of Finland’s Olli Rehn outlines why he thinks the financial system is still prone to lower rather than higher rates.POLICY TICKERECB 3.50% ⇡ — BOE 4.5% ⇡ — FED 5.25% ⇡— SNB 1.5% ⇡— BOJ -0.10% ⇣— RBA 4.10% ⇡— PBOC 3.65%⇣— CBR 7.5% ⇣ — BOC 4.75 ⇡— SARB 8.25% ⇡Good morning.  It’s the day of the Great Exception: by the time you open this, the People’s Bank of China will probably have cut its benchmark one- and five-year lending rates, in line with the 0.10 percent adjustment to its shorter...

San Diego researcher who helped discover Titanic wreckage mystified by missing submersible

Published Sat, 22 Feb 2025 10:28:36 GMT

SAN DIEGO - The search is on for a missing submersible that was on its way to the bottom of the ocean to see the Titanic wreckage. Crews lost contact with the deep-sea craft that was holding five people on board just over an hour and a half after it submerged. We know one of these people is a UK businessman and billionaire, Hamish Harding, who tweeted his excitement just hours before the departure. Officials say there is only enough oxygen on board for up to a 96-hour dive. The U.S. Coast Guard Boston sector is continuing their aerial search, exploring great depth of the Atlantic Ocean in search of a vessel that's about the size of a minivan to put things into perspective. The missing Canadian watercraft is now leaving Scripps Institute of Oceanography researcher Jules Jaffe along with the world mystified. Jaffe played a monumental role in the discovery of the infamous Titanic back in 1985. “Most people think, well how did they find the ship? Well, there was this mile and a half deb...

What's new at Belmont Park? Here's what to know

Published Sat, 22 Feb 2025 10:28:36 GMT

SAN DIEGO -- Belmont Park announced new attractions and updates that are coming to Belmont Park as part of its 98th birthday this summer.The soon-to-be new ride "Shipwreck Cove" is a tower featuring two seats per car that pulls riders up a rope and then drops them from the top, according to Belmont Park officials. The ride offers 360-degree views of the ocean and Mission Beach boardwalk as the tower slowly rotates on its own axis.Another new ride at the theme park is called Flip Out, which recently replaced "Control Freak." It is made up of two double-seat gondolas that rotate around two different rotation axles.The park has also expanded its arcade by over 1,600 square-feet, adding 14 new games and doubling the size of its Prize Shack for more opportunities to win prizes. VIDEO: Baby seal climbs onto Pacific Beach surfers’ boards In July, Belmont Park is debuting its new logo, signage, murals, website and merchandise.“As Belmont Park prepares for its 100th anniversary, ...

Rights group urges Pakistan to stop what it says are arbitrary arrests of Afghan refugees

Published Sat, 22 Feb 2025 10:28:36 GMT

ISLAMABAD (AP) — The international rights group Amnesty International called on Pakistan’s government on Tuesday to stop what it described as random arrests of Afghan refugees, including those with Pakistani visas.Millions of Afghans fled to Pakistan during the 1979-1989 Soviet occupation of their country, creating one of the world’s largest refugee populations. More than 100,000 Afghans crossed the border to avoid persecution at home after the Taliban seized power in August 2021. The Taliban have announced a pardon and urged Afghans not to leave the country.The majority of Afghan refugees living in Pakistan say they are facing delays in their visa processing and relocation to the United States and other countries.In a statement to mark World Refugee Day, the London-based watchdog urged Pakistan to “urgently stop arbitrarily arresting and harassing Afghan refugees and asylum seekers, many of whom are fleeing persecution by the Taliban.” It also expressed deep concern about the vulne...

Barricaded suspect taken into custody after standoff in Porter Ranch

Published Sat, 22 Feb 2025 10:28:36 GMT

A suspect who barricaded himself inside a home in Porter Ranch on Monday afternoon has been taken into custody after a nearly five hour long standoff.According to the LAPD, officers responded to calls of an assault with a deadly weapon in the 19100 block of Salt Lake Place around 5 p.m.When they arrived on scene, they found a 45-year-old woman suffering from an apparent stab wound and a 50-year-old man suffering from a contusion. Both victims were transported to a nearby hospital. One of the weapons used in the attack was believed to be a cast iron skillet, police said.The suspect barricaded himself inside the home's garage for several hours, and neighbors in surrounding residences were forced to evacuate.A suspect who barricaded himself inside a home in Porter Ranch on Monday afternoon has been taken into custody after a nearly five hour long standoff. (KTLA)A suspect who barricaded himself inside a home in Porter Ranch on Monday afternoon has been taken into custody after a nearl...