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California owners lost $59,600 in home equity in a year

Published Wed, 05 Mar 2025 02:48:39 GMT

California housing’s stumble off its pandemic peak means an owner with a mortgage lost $59,600 of equity in the past year.Please do not forget that falling home prices are good news for house hunters. And this stat tracked by CoreLogic is more evidence this year’s housing market started with some noteworthy discounting.These losses were found in my trusty spreadsheet’s look at CoreLogic’s calculations of homeowner “equity” – that’s the gap between what’s owed on a home and the property’s estimated value. CoreLogic tracked this wealth for owners with home loans in 46 states and the District of Columbia. (Stats were unavailable for South Dakota, Mississippi, Vermont and West Virginia).Look, the current homebuying climate is saddled with seriously low housing affordability tied to soaring mortgage rates. Those financial hurdles sharply pruned the pool of qualified buyers. Thus, values dipped.And it’s not just California. Home equity dropped in 13 others states plus D.C. for the year en...

Mike Dunleavy Jr. named Warriors’ next general manager

Published Wed, 05 Mar 2025 02:48:39 GMT

The answer to one of the biggest questions heading into next week’s NBA Draft came to light early Friday morning.Mike Dunleavy Jr. has agreed to a deal to become the Warriors’ next general manager, the team announced.Dunleavy, 42, appeared to be a logical successor to Bob Myers, who announced last month that he’d be stepping away from the team after 12 years and four titles. Dunleavy is a former Warriors’ first-round draft pick who worked his way up from scout to Myers’ right-hand man over the last five years. He most recently served as the vice president of basketball operations, stepping in to cover some of Myers’ duties at times. Dunleavy represented the Warriors at general manager meetings and helped handle some of the team’s recent transactions.Myers seemed to be preparing Dunleavy for this role over the last few years and gave his stamp of approval to Dunleavy during his exit interview.“Well, Mike’s great,” Myers said May 30. “He’s a g...

Why the Sharks and Karlsson appear ready for a trade this offseason

Published Wed, 05 Mar 2025 02:48:39 GMT

SAN JOSE – The San Jose Sharks and representatives for defenseman Erik Karlsson are reportedly on the same page in terms of trying to move the two-time Norris Trophy winner to more of a championship-contending team.Sharks management met with Karlsson’s agents from Newport Sports Management last week, according to Pierre LeBrun of TSN and The Athletic, and agreed that a trade could be in order with San Jose in an apparent rebuilding state under general manager Mike Grier.Reaching this point was not necessarily hard to predict.Karlsson has repeatedly said he wants to win, having now spent four straight playoff-less seasons with the Sharks. While he and his family like San Jose and his mind and body are in a good place, it likely does not make sense for him to remain with the Sharks if the franchise needs more years to retool after a 22-44-16 season.Asked in April about potentially playing for another team in the fall, Karlsson, who was surrounded by trade rumors almost all year, said,...

Mom and 12-year-old daughter dead in Tesla vehicle collision in Santa Clara

Published Wed, 05 Mar 2025 02:48:39 GMT

(KRON) -- A 44 year-old mother and her 12-year-old daughter died after their Tesla collided with a tree Wednesday afternoon. The car engulfed in flames following the collision which caused delays in Santa Clara, according to the City of Santa Clara. The crash happened in the northbound lanes of San Tomas Expressway between Forbes Avenue and Homestead Road. Local police and fire departments are on the scene. Cinemark and Westfield abandoning downtown SF just the latest in string of bad news As of 3:45 p.m. San Tomas Expressway was closed in both directions near the scene of the crash. By 4:30, the southbound lanes of San Tomas Expressway were reopened. The northbound lanes were closed for several hours but have since reopened as of 8:25 p.m.Viewer photos from the scene of the crash show a white Tesla fully engulfed in flames. The vehicle appeared completely destroyed after the flames were extinguished. A witness who said they saw the crash told KRON4 that speed may have been a fac...

Drunk driver arrested following collision in Pacifica

Published Wed, 05 Mar 2025 02:48:39 GMT

(KRON) – A woman was arrested Wednesday night in Pacifica after driving under the influence and crashing her car into a parked vehicle.Pacifica police say at around 9:26 p.m., officers and fire officials responded to a collision in the 500 block of Miller Avenue. Officers located a black Honda Civic that had collided with a parked vehicle and was blocking the roadway, police said.  Motorcyclist hospitalized after solo crash in San Jose Both vehicles were majorly damaged from the collision. The driver, who was the only occupant in the black Honda, was transported to a local hospital after sustaining minor injuries, PPD said. 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%; }The driver was identified as Guadalupe Linette Barba, 25, of Pacifica. It...

Over 60 firefighters battle 21-acre brush fire in Clearlake Oaks

Published Wed, 05 Mar 2025 02:48:39 GMT

(KRON) – Over 60 firefighters helped stop the forward spread of a 21-acre brush fire Wednesday, according to Cal Fire.Crews responded to the scene of a two-acre vegetation fire near the 200 block of Henderson Drive. Due to the fire’s moderate rate of spread, additional resources were ordered to help contain the fire. Photo: Cal FirePhoto: Cal FirePhoto: Cal FireFifteen engines, three hand crews, a bulldozer, one helicopter, one air attack, three tankers and three water tenders were dispatched, according to Cal Fire.The fire eventually grew into a 21-acre brush fire. The spreading was able to be stopped and the fire was last updated to be at 80-percent containment Thursday morning. Fire officials say spotting is still a concern.North Shore and Lake County Fire Departments helped assist Cal Fire.

How Henry Kissinger Paved the Way for Orlando Letelier’s Assassination

Published Wed, 05 Mar 2025 02:48:39 GMT

On the morning of September 21, 1976, Orlando Letelier, the former foreign minister of Chile living in exile in the United States, was driving to work in downtown Washington, D.C., when a bomb planted in his car exploded, killing him and one passenger while wounding another.Letelier was assassinated in the heart of Washington by the brutal regime of Chilean President Augusto Pinochet, a far-right dictator who gained power in a 1973 coup backed by the Nixon administration and the CIA, overthrowing the socialist government of President Salvador Allende. Letelier served as foreign minister for Allende, and later was arrested and tortured by Pinochet. After a year in prison, Letelier was released thanks to international diplomatic pressure and eventually settled in Washington, where he was a prominent opponent of the Pinochet regime.Even in exile, Letelier still had a target on his back. The Pinochet regime, along with the right-wing governments of Argentina and Uruguay, launched a vici...

Norway fine with Haaland’s partying ahead of big European Championship qualifier

Published Wed, 05 Mar 2025 02:48:39 GMT

First there was a big party in Ibiza. Then came the bare-chested celebrations aboard an open-top bus in a city-center trophy parade.Erling Haaland has been front and center — along with Jack Grealish — in Manchester City’s treble-winning festivities, and that’s no problem for Norway coach Stale Solbakken despite a huge European Championship qualifier coming up for his country on Saturday.“I think everyone understands that and I also think it’s a good idea to do that,” Solbakken said Friday of Haaland’s partying since City won the Champions League for the first time on Saturday to complete the treble of major trophies.“I don’t think,” Solbakken added, “you can postpone a celebration like that. You can’t say, ‘Let’s meet up in the summer when these national games are over and we party.’ It’s not the same because the excitement is a little bit out of your body and you have to do it then.”Haaland is expected to play for Norway against Scotland in Oslo, with Solbakken having taken it eas...

Autoridades reportan 8 muertos en lo que va de la temporada de calor en México

Published Wed, 05 Mar 2025 02:48:39 GMT

(CNN Español) — Autoridades mexicanas reportaron este viernes ocho muertos en lo que va de la temporada de calor que comenzó el 19 marzo y se prevé que se extienda hasta octubre. En un comunicado de la Secretaría de Salud, detallaron que se registraron tres fallecidos en Veracruz, dos en Quintana Roo, otros dos en Sonora y uno en Oaxaca.Según las autoridades sanitarias, en la semana del 3 al 10 de junio se notificaron 69 casos de golpe de calor asociados a temperaturas extremas y dos muertes, una por golpe de calor y otra por deshidratación.¿Qué está causando la intensa ola de calor en México?La Secretaría reiteró que es “indispensable” evitar exponerse a altas temperaturas ya que puede tener consecuencias a la salud como golpe de calor, deshidratación y quemaduras solares. Los especialistas recomiendan a la población mantenerse hidratada mediante el consumo al menos dos litros diarios de agua previamente hervida, desinfectada o embotellada. Además, se pide evitar la exposició...

Denver investigating officer who allegedly body-slammed man after Nuggets win

Published Wed, 05 Mar 2025 02:48:39 GMT

DENVER (KDVR) — The Denver Police Department is investigating an officer who allegedly body-slammed a man during Monday night's post-Nugget celebration downtown. Videos circulating online allegedly show Denver Officer Adam Glasby slamming a man to the ground.FOX31 reached out to DPD to see if the department is investigating the situation. The department said it has opened an internal affairs investigation and Glasby has been placed in a non-patrol assignment, but he has not been suspended. DPD is investigating what led up to the altercation between Glasby and the man. Fire truck carrying Jokic, Murray hits police officer during parade The department confirmed that Glasby was working off-duty after the Nuggets' win and was not part of the on-duty post-game safety operation.Denver Police did not provide an update on the man's injuries. This incident was on the same night 10 people were shot in the 2000 block of Market Street as thousands flooded the streets of downtown to celebrate...