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Baby boomers dominate the housing market, new data shows

Published Wed, 26 Feb 2025 01:53:32 GMT

(The Hill) — The share of first-time buyers in the housing market ticked upward this year but remained near record lows, according to a new report from the National Association of Realtors (NAR). First-time home buyers made up 32% of the market this year, up from 26% in 2022, but below an average of 38%, the report found. Get the latest news, weather, sports and entertainment delivered right to your inbox! “First-time buyers tiptoed back into the market this year with less competition and fewer multiple-offer scenarios,” Jessica Lautz, NAR’s deputy chief economist and vice president of research, said in a statement. “Given the erosion of housing affordability due to higher home prices and mortgage rates, the household income for those who successfully purchased homes jumped by nearly $20,000 and topped six figures for only the second time in our records.”While both the average first-time home buyer and the average repeat home buyer have gotten older over the last four decades, thi...

Google’s DeepMind builds AI for more accurate weather forecasts

Published Wed, 26 Feb 2025 01:53:32 GMT

By Seth Fiegerman, BloombergGoogle’s DeepMind has developed an artificial intelligence model that uses decades of historical weather conditions to produce accurate 10-day forecasts in less than a minute.GraphCast outperformed the gold-standard forecasting model from the European Centre for Medium-Range Weather Forecasts on roughly 90% of metrics tested, according to a study, which was published in the journal Science on Tuesday. The model also performed well when predicting the most severe weather, the study showed.Related ArticlesTechnology | Top five Denver/Boulder home sales in October all top $5M Technology | Cruise grew fast and angered regulators. Now it’s dealing with the fallout. Technology | Chatbots may “hallucinate” more often than many realize Technology | Where there’s smoke, Xcel Energy hopes AI will help stop Colorado wildfires Technology | Investors abandon ship on DISH Network aft...

Hiker with no food, water or cold-weather gear saved from Colorado 13er after 10-hour rescue

Published Wed, 26 Feb 2025 01:53:32 GMT

An ill-prepared hiker who attempted to bushwhack to the summit of a 13er in Chaffee County on Nov. 8 was located and brought down safely by Chaffee County Search and Rescue North after nearly 10 hours, according to a Facebook post. The individual had been caught in inclement weather and was hypothermic when found by search and rescue.Related ArticlesOutdoors | Denver to pay $100K to a church for access to city’s new mountain park Outdoors | Colorado wildlife officials say elk herd numbers may not be sustainable over the next 20 years Outdoors | This Aspen park is the most peaceful place in Colorado | Opinion Outdoors | Should skiers be allowed to pay for early access to Colorado chairlifts? Outdoors | Four more ski areas open this weekend, with Vail’s earliest opening in 25 years Per the post, the individual found themselves out of water with no food and was only wearing a cotton hoodie with ...

3 Los Angeles area high schools placed on lockdown within minutes of each other

Published Wed, 26 Feb 2025 01:53:32 GMT

Three high schools throughout the L.A. area were placed on lockdown within 30 minutes due to possible threats on Tuesday. The first call regarding a threat came in just after 11 a.m. at Agoura High School in Agoura Hills, according to law enforcement officials. It is unclear what specific threat or threats were made towards the school, but it was placed on lockdown as deputies from the Los Angeles County Sheriff’s Department’s Lost Hills Station conducted a search of the campus. By 12:35 p.m., it was determined that there was no threat to students, LASD said on social media.  CSU skilled workers take to picket lines to protest low pay The second threat was made towards Notre Dame High School in Sherman Oaks around 11:10 a.m., LAPD officials confirmed to KTLA, when an unknown man called the school threatening a shooting.Officers quickly launched an investigation and concluded there was no threat at that school either, police said. The third school, Bishop A...

Hard Rock Hotel to open in downtown Long Beach, the city's first new hotel in 30 years

Published Wed, 26 Feb 2025 01:53:32 GMT

A Hard Rock Hotel is coming to Long Beach, the first full-service hotel to be built in the city within the last 30 years, Hard Rock International and Long Beach city officials announced Tuesday.Construction is set to begin next summer, and the hotel is expected to open in spring 2027. This is the first Hard Rock Hotel property to open in Southern California in almost a decade, according to a press release.The hotel will be located "in the heart of downtown Long Beach, adjacent to the convention center," a news release said. Long Beach confirms first case of mosquito-borne St. Louis Encephalitis since 1984 The hotel will stand 31 stories high, have 429 rooms and suites and include multiple amenities such as an outdoor pool, fitness studio, two restaurants and the Rock Shop merchandise store.The new property will also have a “unique speakeasy” complete with a 250-seat concert hall and the West Coast’s tallest open outdoor bar, which will have 360-degree views of the Southern Califo...

1 Killed in Fiery Car Crash on Scottsdale Road [Tempe, AZ]

Published Wed, 26 Feb 2025 01:53:32 GMT

One Pronounced Dead after Fiery Two-Vehicle Accident on Loop 202TEMPE, AZ (November 14, 2023) – One unidentified person died Friday morning in a fiery auto collision on Scottsdale Road and Loop 202. The incident occurred at approximately 7:30 a.m., on the eastbound lanes of the highway on November 3rd.Officers say a camp-trailer being towed by a pickup-truck and another car collided. However, further circumstances surrounding the incident remain unclear. In addition, first responders located both vehicles on fire.Paramedics declared one occupant dead, due to the extent of injuries sustained. Police have not yet released their identity. The roadway was also blocked during investigative and clearing operations.Sincere sympathies to the family and friends of the deceased. Thoughts are with them during this very difficult time.Losing a loved one in a car accident can have devastating effects on the emotional and financial well-being of those left behind. Let the wrongful death att...

Photos: Fire-resistant Oakland hills mansion with a pool made from a container listed for $5 million

Published Wed, 26 Feb 2025 01:53:32 GMT

A newly renovated mansion in the Oakland hills complete with an eco-conscious pool and a restored Airstream is for sale for $4.995 million.Fire-resistant Oakland hills mansion listed for $5 million (CircleVisions/Aerial Canvas). Fire-resistant Oakland hills mansion listed for $5 million (CircleVisions/Aerial Canvas). The four-bedroom, six-bath, 4,318-square-foot rustic-style home blends in natural elements of wood beams and stones, as well as fire-resistant materials.Fire-resistant Oakland hills mansion listed for $5 million (CircleVisions/Aerial Canvas). Fire-resistant Oakland hills mansion listed for $5 million (CircleVisions/Aerial Canvas). The property boasts generous amenities and sustainability. Features include a dual-person home office, bocce ball court, outdoor kitchen and a spa. A  20,000 Kwh solar system, Tesla Powerwalls and a pool made from a reusable shipping container are among the environmentally-conscious elements. A refurbished vintage Airstream...

Oakland man guilty of 2018 mother-daughter double murder in Antioch

Published Wed, 26 Feb 2025 01:53:32 GMT

MARTINEZ — A Contra Costa County jury has convicted a man of murdering an Antioch mother and daughter after a relationship split in 2018, according to the Contra Costa County District Attorney’s Office.Related ArticlesCrime and Public Safety | Driver dies from injuries suffered in shooting on Richmond Parkway Crime and Public Safety | Son of Hollywood exec accused of killing wife and her parents hired worker who found body parts in trash Crime and Public Safety | Person arrested in Fremont shooting that left one dead, one wounded Crime and Public Safety | Man arrested in fatal shooting outside East Bay restaurant Crime and Public Safety | A gruesome discovery, 3 family members still missing and the son of a Hollywood agent arrested. Here’s what to know The verdict in Superior Court on 40-year-old Dontay Williams, of Oakland, came on Nov. 9, DA spokesperson Ted Asregadoo said in a statement. W...

Stanford Theatre bringing back a beloved holiday tradition this year

Published Wed, 26 Feb 2025 01:53:32 GMT

It’s time once again to find Zuzu’s petals, say “Merry Christmas!” to the Emporium and scratch our heads over how scatterbrained Uncle Billy kept a job for so long. For the first time since December 2019, Frank Capra’s “It’s a Wonderful Life” is returning to the Stanford Theatre in Palo Alto for Christmas Eve.The two Dec. 24 screenings — at 4 p.m. and 7 p.m. — will cap a month of holiday favorites (and Deanna Durbin movies) with a lineup that includes “Show Boat” (Nov. 25-26); “It Started With Eve” (Dec. 2-3); “White Christmas” (Dec. 9-10); “The Bishop’s Wife” (Dec. 14-15); “Meet Me in St. Louis” paired with “Miracle on 34th Street” (Dec. 16-17); and a double-feature of “The Shop Around the Corner” and “The Wizard of Oz” (Dec. 21-23).And all that leads up to the return of “It’s a Wonderful Life,” the 1946 ...

After Rusanowsky, could next Hall call for a Shark come later this year?

Published Wed, 26 Feb 2025 01:53:32 GMT

SAN JOSE – San Jose Sharks radio play-by-play voice Dan Rusanowsky returned home Tuesday, one day after he was officially enshrined into the Hockey Hall of Fame in Toronto as the recipient of this year’s Foster Hewitt Memorial Award, hockey broadcasting’s highest honor.Now the question is which individual synonymous with the Sharks will be the next to get a Hall call. Turns out, Mr. Shark, Patrick Marleau, is eligible for election this summer.Certainly, Marleau’s resume will be worthy of consideration.Including playoffs, Marleau has 566 regular season goals, 23rd-most all-time, and is 52nd with 1,197 points. He was selected as an NHL All-Star three times and won Olympic gold medals with Team Canada in 2010 and 2014. Most notably, Marleau, now 44, is the NHL’s all-team leader in regular season games played with 1,779.Every retired player who scored more NHL regular-season goals than Marleau is in the Hall. All but three players who have more points than Marleau – Jeremy Roenick (1,21...