California home prices are staying strong at record levels during the pandemic and the rental market is rising too. The median home price statewide in October was $711,300, a slight drop from the record set in September. We’re talking a difference of a little over $1,000, according to data from the California Association of Realtors.“It’s good old fashion economics 101—supply and demand,” Sacramento realtor Kellie Swayne said. “There’s a high buyer demand and low housing inventory.”Swayne has been a realtor in Sacramento for 15 years. According to C.A.R. The Sacramento median home price was $440,000 in October., an increase from $385,00 in October of 2019.Despite a year of record unemployment, the pandemic is fueling demand thanks, in part, to low interest rates. “To see the shift in prices and the shift in buyers and the demand—it’s really, it’s remarkable,” Swayne said. “Obviously it ranges from a qualifying standpoint “but I … Read More
Tag: California
Thousands flee homes as Bond Fire spreads through Southern California
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Updated Dec 3, 2020 7:17 PM EST
Sheer panic engulfed Silverado Canyon as thousands of residents raced to escape an out-of-control wildfire. Some who fled took their ranch animals with them.
Powerful winds pushed the flames from the Bond Fire in all directions, scorching an area larger than 3,000 football fields overnight. Flames reached 50-60 feet high, driven by dry vegetation and high wind gusts up to 70 mph.
The blaze was sparked by a house fire late Wednesday, according to the Orange County Fire Authority. The fire quickly spread into the brush and then exploded into a wildfire, CBS Los Angeles reported. The house fire is under investigation.
About 500 firefighters are battling the flames in what has been a historic wildfire season for the state of California. More than 4 million acres have burned so far. Two firefighters were hospitalized with injuries Thursday afternoon, CBS LA
Coronavirus cases and deaths soared in nursing homes across California. Here’s why
The number of residents in California nursing homes who became ill or died from the coronavirus more than doubled between May and August — the result of several risk factors that have made nursing homes particularly vulnerable to outbreaks, a report by the California Health Care Foundation revealed.
The foundation partnered with researchers from Cal Hospital Compare, IBM Watson Health and UCSF to study data from more than 800 nursing homes in May and August to better understand COVID-19 outbreaks in these facilities.
The report, released Tuesday, found that the size of the facilities and resident demographics played significant roles in infection and death rates, among other factors.
“The really surprising finding here was how these factors are changing and the risk in nursing homes is changing,” said Krisof Stremikis, director of market analysis and insight at the California Health Care Foundation. “We knew the pandemic was changing and I
Tuscany alive and well in California! Villa on a 12.5-acre estate hits market for $19.8million
A stunning villa in Carpinteria, California with a vineyard, horse stables and other stunning amenities is being listed for sale by the Ebbin Group for $19.8million.
The villa itself is built in a Tuscan-style, standing two stories tall, marked by a beautiful coral color.
The house is big enough to serve as a resort, featuring seven bedrooms and ten bathrooms.
The Prancing Horse Estate is being listed for sale in Carpinteria, California in the foothills of the Santa Ynez Mountains
The coral color of the villa creates an exquisite and ornate vibe, drawing inspiration from Tuscan architecture
The property comes with a stunning infinity pool and is surrounded by trees, which itself give way to a pond
The bedrooms are simply stated and are lined with floor to ceiling windows for great views of the property day and night
In addition to a fireplace and wood ceilings, living rooms look
Homeless families evicted from vacant homes in California
Los Angeles – California Highway Patrol officers forcibly removed people who had “reclaimed” vacant, publicly owned homes in El Sereno late Wednesday – the night before Thanksgiving – amid a surge in COVID-19 cases.
Videos of the evictions, posted on Twitter, show dozens of officers crowding the street near Sheffield Avenue and Poplar Boulevard around 7 p.m. The officers were met by a wave of protesters, who shouted, “Shame on you!” as authorities moved from door to door removing those who had moved into the homes.
At least one CHP team rammed open the door to one of the homes, video shows.
The evictions came just hours after 20 families moved into the homes owned
Child Dragged From House As California Highway Patrol Evicts Families From Vacant Homes
California Highway Patrol officers have forcefully removed people who had occupied vacant state-owned homes in Los Angeles, according to videos posted on social media.
© Robyn Beck/AFP via Getty Images
Homeless tents line a freeway overpass November 6, 2020 in Los Angeles, California
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One video, posted by the Street Watch LA account, shows two officers dragging a child out of a home in the El Sereno neighborhood on the eve of the Thanksgiving holiday as people scream in protest. “Have a f****** heart!” one person is heard yelling.
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“Tonight in El Sereno, CHP evicted a mom and child reclaiming rightful public land. They dragged a child from her home, pinned and arrested her,” the tweet read.
Other clips showed officers in riot gear apparently using battering rams to gain entry into some
Sale of SF’s 555 California, part-owned by Trump, put on hold
Efforts to sell the famed 555 California St. in San Francisco have been put on hold amid an uncertain market, a move that could at least temporarily hurt the finances of the cash-strapped Trump family, which owns 30% of the property, according to the Wall Street Journal.
![Slide 1 of 2: The sale of 555 California St. has been put on hold during the pandemic.](https://www.msn.com/{"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1bi27t.img?h=416&w=799&m=6&q=60&u=t&o=f&l=f","size3column":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1bi27t.img?h=416&w=624&m=6&q=60&u=t&o=f&l=f","size2column":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1bi27t.img?h=416&w=624&m=6&q=60&u=t&o=f&l=f"} "Sale of Bank of America building, part-owned by Trump, on hold - Carlos Avila Gonzalez / The Chronicle")
![Slide 2 of 2: The sale of 555 California St. has been put on hold during the pandemic.](https://www.msn.com/{"default":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1bhYzf.img?h=416&w=799&m=6&q=60&u=t&o=f&l=f","size3column":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1bhYzf.img?h=416&w=624&m=6&q=60&u=t&o=f&l=f","size2column":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1bhYzf.img?h=416&w=624&m=6&q=60&u=t&o=f&l=f"} "Sale of Bank of America building, part-owned by Trump, on hold - Carlos Avila Gonzalez / The Chronicle")
2/2 SLIDES
Vornado Realty Trust, which owns 70% of 555 California St., the former Bank of America headquarters, has decided to suspend efforts to unload both the tower and 1290 Avenue of the Americas building in Manhattan, the Journal reported. The sales of the two buildings were expected to
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NBA legend puts California mansion on market for $11 million.
Paul Pierce’s Calabasas mansion.
Screen grab courtesy of The Altman Brothers Team
If you’re an NBA fan — especially of a particular team in the East — and happen to live in the Los Angeles area with more than $11 million to spend, we have the perfect house for you.
Boston Celtics legend Paul Pierce has put his Calabasas amenity-loaded mansion on the market for $10.995 million, the listing at the Altman Brothers Team says.
Fittingly, the mansion has a basketball court painted with a huge Celtics logo that seemingly can be seen from the international space station.
According to the Los Angeles Times, the 10-time All-Star bought the estate for $6.5 million in 2009, one year after winning