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How do California homebuilding booms differ from busts?

Published Fri, 07 Feb 2025 11:37:55 GMT

“Numerology” tries to find reality within various measurements of economic and real estate trends.Buzz: So, what might it take to get California homebuilders to ramp up their construction efforts?Source: My trusty spreadsheet looked at California building permits for single-family homes dating back to 1990 and compared those patterns with home-selling data from the California Association of Realtors and some other economic stats.Fuzzy math: It’s easy for the industry to blame explain a lethargic construction pace on bureaucratic difficulties in planning and executing homebuilding in the state. It’s not that their complaints aren’t true, but builders also can be picky about when they choose to build.ToplineWhen you review 34 years of real estate activity by slicing the months into thirds based on 12-month changes in California permits, you find construction plans grew annually at an average 27% pace in building booms (the top third) and declined 25% annually in construction busts (t...

Burglars steal $30,000 worth of purses from Saratoga home

Published Fri, 07 Feb 2025 11:37:55 GMT

Nov. 2Related ArticlesCrime and Public Safety | Driver intentionally collides with motorcycle on Campbell roadway Crime and Public Safety | Thieves hit Walgreens in downtown Los Gatos twice in one day Crime and Public Safety | Vehicle vandalized at Saratoga open space preserve Crime and Public Safety | Skimmers found on ATMs in Campbell Crime and Public Safety | Los Gatos woman says ex stole game consoles from her home Residential burglary: At 8:33 p.m., three suspects entered a residence in the 21000 block of Heber Way by breaking a rear glass door and stole purses for a loss valued at $30,000.Nov. 9Petty theft, theft by credit card: At 2:35 p.m., two suspects worked together to distract the victim, who was shopping at Safeway in the Argonaut Shopping Center on Saratoga-Sunnyvale Road, and then stole the victim’s wallet from a shopping cart for a loss valued at $195. The suspects then used credit cards ...

Apple’s Cook, BlackRock’s Fink among CEO guests at Xi dinner

Published Fri, 07 Feb 2025 11:37:55 GMT

US business titans including Apple Inc.’s Tim Cook and BlackRock Inc.’s Larry Fink are set to attend a dinner with Chinese President Xi Jinping on Wednesday, as he tries to woo foreign capital to the world’s second-largest economy.Blackstone Inc. Chief Executive Officer Steve Schwarzman and Visa Inc. CEO Ryan McInerney will also join them at the soiree in San Francisco, according to people briefed on the matter. Pfizer Inc. CEO Albert Bourla earlier confirmed he would attend the event, as he spoke on the sidelines of a summit that’s part of this week’s Asia-Pacific Economic Cooperation leaders’ meetings.Technology CEOs including Qualcomm Inc.’s Cristiano Amon and Broadcom Inc.’s Hock Tan are also on the guest list, said the people, who asked not to be identified sharing details of a private event.Xi will have the chance to talk up China’s economy to some of the world’s most-powerful foreign investors at the event, after a post-pandemic reopening expected to spur global growth failed...

Bear had been in Sierra Nevada home where woman was found dead

Published Fri, 07 Feb 2025 11:37:55 GMT

A bear had been in a home in the Sierra Nevada where a woman was found dead, and investigators are trying to determine the timeline of events.Related ArticlesCalifornia News | Photos: Pink salt ponds drawing scores of visitors off Bay Area trails California News | Minnesota braces for wild ‘super pigs’ from Canada California News | Coyote encounters: Keep the peace by keeping your distance California News | Predator protector: Winston Vickers’ research aims to give California mountain lions a fighting chance  California News | Spider season: Here are a few things you may not know about them The discovery was made Nov. 8 by Sierra County sheriff’s deputies who were conducting a welfare check at the request of a person who hadn’t seen Patrice Miller in several days.The deputies ended up forcing entry into Miller’s Downieville home. There they found the 71-year-old woman dead, as well as e...

San Jose State senior day is Saturday, but Spartans’ upper class not ready to call it a season

Published Fri, 07 Feb 2025 11:37:55 GMT

SAN JOSE — Senior day is an emotional time for San Jose State coach Brent Brennan, but this year’s celebration will hit a little closer to home.When the Spartans play San Diego State Saturday night at Spartan Stadium, they will be honoring seniors who were part one of Brennan’s first recruiting classes and pivotal to this season’s turnaround.“It’s an emotional day for the guys who actually are realizing it’s their last game at (Spartan) stadium,” Brennan said. “The guys we’re talking about are really special guys that have been very impactful on and off the field. I hope there’s just a lot of people here to celebrate the seniors that are playing their last game.”Among the 17 seniors are running back Kairee Robinson, quarterback Chevan Cordeiro, offensive lineman Jaime Navarro and Anthony Pardue, twin defensive backs Tre and Andrew Jenkins, safety Chase Williams and defensive lineman Noah Lavulo.San Jose State’s Kairee Robinson (32) jumps on San Jose Sta...

APEC updates: Protesters blocking all westbound lanes of Bay Bridge

Published Fri, 07 Feb 2025 11:37:55 GMT

SAN FRANCISCO (KRON) -- As the Asia-Pacific Economic Cooperation meeting entered its fifth day, protesters took to the streets across San Francisco, resulting in Muni being rerouted. To the south, there are also protests near the planned location for Wednesday's meeting between President Joe Biden and Chinese Leader Xi Jinping. With widespread street closures in effect, including two lanes shut down on the Bay Bridge, San Francisco has been transformed by the conference, which is expected to draw 20,000 people and 22 world leaders to the city. APEC street closures: How to navigate traffic, closures, and tow away zones Follow our live blog for the latest updates on protests, road closures and more.APEC San Francisco 2023 live updates:Thursday, Nov. 167:57 a.m. -- Protests on the Bay Bridge blocks all westbound trafficProtesters have blocked all lanes of westbound Interstate 80 traffic on the Bay Bridge, east of Treasure Island Road, according to 511 SF Bay.Wednesday, Nov. 1510:00 p...

Guard who 'participated in a culture of sexual abuse' at Dublin prison sentenced

Published Fri, 07 Feb 2025 11:37:55 GMT

(KRON) -- A former correctional officer at the Federal Correctional Institution in Dublin who pleaded guilty to six counts of sexually abusing women inmates and one count of making false statements to the U.S. Department of Justice was sentenced to 8 years in prison on Wednesday, according to the DOJ.Andrew Jones, 36, of Clovis, pleaded guilty to the seven charges on Aug. 17. In his plea agreement, the Department of Justice said Jones admitted to sexually abusing prisoners between July 2020 and June 2021 in multiple places near the FCI Dublin kitchen where he worked as a supervisor in the Food Services Department. Man found in suitcase on Lake Merritt identified U.S. District Court Judge Yvonne Gonzalez Rogers sentenced Jones to 96 months in prison, followed by 10 years of supervised release after the prison term ends.“Jones participated in a culture of sexual abuse of female inmates at FCI Dublin that included the Warden, the Chaplain, and other employees, and he like them has no...

Md. education officials discuss how high school students’ college readiness should be assessed

Published Fri, 07 Feb 2025 11:37:55 GMT

At a Wednesday meeting of Maryland Higher Education Commission, officials discussed how the implementation of Blueprint for Maryland’s Future, an education overhaul passed by the 2021 Maryland General Assembly, may drastically change how students are assessed for college and career readiness, among other topics.Emily Dow, assistant secretary of Academic Affairs provided updates on where MHEC stands in the implementation of the Blueprint, which includes goals of increasing access to higher education and career training as well as supporting the education of future public school teachers.The Blueprint requires that education-focused state agencies to submit a plan for implementation, which MHEC submitted in March. The plan includes providing a teaching fellows scholarship and loan assistance programs for public school teachers.The Blueprint also prompts MHEC to work alongside other state and local education agencies to create alternative teacher certification pathways and college read...

Today in Sports – Syracuse fullback Jim Brown scores an NCAA Football record 43 points

Published Fri, 07 Feb 2025 11:37:55 GMT

Nov. 171956 — Syracuse beats Colgate 61-7 behind halfback Jim Brown. Brown sets an NCAA-record for points by an individual player in a single game by scoring six touchdowns and kicking seven extra points for 43 points.1959 — Syracuse’s Connie Dierking becomes the first player to foul out of a game in the first quarter, as the Nationals beat Cincinnati 121-116 at New York.1968 — The “Heidi” television special starts on time and cuts off the NBC broadcast of the Oakland-New York Jets game in the final minutes, leaving viewers in the dark and unaware that the Raiders score two touchdowns in the last minute for a 43-32 comeback victory.1975 — Ken Anderson of the Cincinnati Bengals passes for 447 yards and two touchdowns in a 35-24 victory over the Buffalo Bills.1981 — Bill Cartwright of the New York Knicks ties a 20-year-old NBA record by hitting 19 of 19 free throws in a 124-110 loss to the Kansas City Kings.1984 — Purvis Short of the Golden State Warriors scores 59 points in a 131-114...

The top UN court has ordered Syria to do all it can to prevent torture

Published Fri, 07 Feb 2025 11:37:55 GMT

THE HAGUE, Netherlands (AP) — The United Nations’ top court on Thursday ordered the Syrian government to “take all measures within its powers” to prevent torture, in a case in which the Netherlands and Canada accuse Damascus of a years-long campaign of torturing its own citizens.The interim order is intended to protect potential victims while the case accusing Syria of breaching the torture convention proceeds through the International Court of Justice, a process likely to take years.The court’s President Joan E. Donoghue said the panel was ordering Damascus to “take all measures within its power to prevent acts of torture and other cruel, inhuman or degrading treatment or punishment.”The court also called on Syria to “ensure that its officials, as well as any organizations or persons, may be subject to its control, direction or influence do not commit any acts of torture or other acts of cruel, inhuman or degrading treatment or punishment.”The court further ...