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Home equity declines reappear for the first time since 2012

Published Fri, 21 Feb 2025 18:01:21 GMT

LAS VEGAS — For the past 11 years, homeowners could count on the equity they held in their homes going in one direction– up. But that changed in the first quarter, with Colorado in the camp of states with bigger losses, according to a report Thursday from CoreLogic.The losses aren’t big enough for most people to notice and most owners retain a huge cushion of equity that should help them get through a recession, said Selma Hepp, chief economist with CoreLogic on Thursday at the National Association of Real Estate Editors in Las Vegas“It only matters if you have to sell your home,” she said.U.S. homeowners with mortgages, which is roughly 63% of the total, saw their equity decline 0.7% on average in the first quarter of this year compared to the same period last year. That works out to a cumulative loss in wealth of $108.4 billion, or about $5,400 per borrower.In Colorado, homeowners lost on average $23,000 in equity, or more than four times the loss per...

Another Denver brewery appears to have closed

Published Fri, 21 Feb 2025 18:01:21 GMT

When they opened their doors in September 2019, the owners of Counter Culture Brewery & Grille hoped to bring something different to Denver’s craft scene — a casual restaurant that was equally as focused on good food as it was on classic and easy-drinking beer styles.But then came the pandemic, followed by the exit of brewery co-founder Kevin McCrossin and of head chef James Bland. Then in March, Counter Culture, at 205 E. 7th Ave., closed for a month’s worth of maintenance, according to a sign on the door.Two months later, the sign was still on the door, but the brewery’s social media pages are down, and the phone goes right to a generic voicemail.Related ArticlesRestaurants, Food and Drink | “RuPaul’s Drag Race” stars, Five Points Jazz Festival, Denver Greek Fest and more things to do in Denver this week Restaurants, Food and Drink | Denver brewery known for pre-Columbian beers to close this summer Resta...

Foul play suspected in March 2022 disappearance of Sylmar man

Published Fri, 21 Feb 2025 18:01:21 GMT

Authorities investigating a man who has been missing for over a year are now suspecting foul play was involved in his disappearance. Ariel Holley was last seen on March 13, 2022, near his residence in Sylmar, but cell phone data pinpointed the 34-year-old's location to Lake Hughes. Detectives searched the area for clues on Thursday and they believe Holley was with another person when he disappeared. Ariel Holley pictured on July 12, 2021. (LASD) LASD investigating after man killed in South L.A. shooting The Los Angeles County Sheriff’s Department’s Homicide Bureau has taken over the investigation from the LAPD. Anyone with information is asked to contact the Homicide Bureau at 323-890-5500. Anonymous tips can be submitted by visiting www.lacrimestoppers.com or by calling Crime Stoppers at 1-800-222-8477. 

Burbank Unified School District places superintendent on paid administrative leave 

Published Fri, 21 Feb 2025 18:01:21 GMT

The Burbank Unified School District has placed Superintendent Dr. Matt Hill on paid administrative leave. No reason has been given as to why Dr. Hill was placed on leave, with the Board citing it as a “confidential personnel matter.” The Board voted to give Dr. Hill a new contract in July 2022 that was set to expire in 2025. According to his contract, if the Board votes to terminate Dr. Hill at a later time without cause, they will still have to pay his salary for one year, including health and welfare benefits.  Fights break out amid Glendale school board meeting on Pride curriculum In a letter to parents, the school district said that they did “not take this action lightly.” Dr. John Paramo, the Assistant Superintendent of Educational Services, will serve as acting Superintendent. The Board will discuss its leadership at its regular meeting on June 15. 

Family says teen died a hero trying to save brother from Northern California river

Published Fri, 21 Feb 2025 18:01:21 GMT

SACRAMENTO  — A 15-year-old who died in the Sacramento River over the weekend was trying to save his younger brother, the family said.Amari Quarles jumped in to help his 13-year-old brother, Elijah, who went into the surging river to retrieve a thrown football during a family gathering at Sand Cove Park on Sunday.“He died a hero. He died to save somebody else’s life, and he lost his in turn,” Amari’s father, James Sashe, told KXTV-TV.Amari, who loved football and music, had just completed his freshman year at Natomas High School and got straight As this semester, his family said.Related ArticlesCrime and Public Safety | Five hospitalized after walkway collapse in Texas Crime and Public Safety | Snake bites 7-year-old along East Bay hiking trail Crime and Public Safety | BMX star Pat Casey dies in crash at Southern California motocross park Crime and Public Safety | Pittsburg: Multi-car crash on Highway 4 leaves two trapped ...

California DOJ extends oversight of Vallejo Police Department

Published Fri, 21 Feb 2025 18:01:21 GMT

The California Department of Justice plans to continue its oversight of the Vallejo Police Department, the Times-Herald has learned.The state agency announced this news Wednesday in a brief, emailed response to an inquiry by this newspaper. The statement emphasized a list of 45 recommendations for improving Vallejo law enforcement that the OIR Group, an independent consulting firm, provided the city in 2019 amid public outcry over alleged police brutality.As of last month, the Vallejo Police Department had implemented only eight of these recommended reforms.“While we have seen recent meaningful progress, the Vallejo Police Department has not implemented all 45 of the recommendations,” a spokesperson for the California Department of Justice said. “As a result, we are working to formalize a new phase of oversight of the Department in the form of a court-ordered settlement agreement.”It was previously unclear whether the Department of Justice intended to extend its review of the Vallej...

LA helped the Bay get an NWSL team. Now, Angel City and Bay FC are ready for a NorCal-SoCal rivalry

Published Fri, 21 Feb 2025 18:01:21 GMT

SAN FRANCISCO — The co-owners of Bay FC haven’t been shy about where they got their inspiration from — even if it breaks usual Bay Area sports tradition.Led by four former U.S. women’s national team stars Brandi Chastain, Leslie Osbourne, Danielle Slaton and Aly Wagner, the foundation of Bay FC can be directly tied to Angel City FC, the National Women’s Soccer League team in Los Angeles.“Honestly, when Angel City announced their team, I immediately called the girls and said, ‘If Angel City’s doing it, why are we not?’” Osbourne recalled on Saturday in San Francisco at Bay FC’s first public event.Angel City representatives, including owner Julie Uhrman, were at the Presidio on Saturday for Bay FC’s effective kickoff event, celebrating a team that they helped bring to life.“They’re the trendsetter in this space and women’s soccer in the United States,” Wagner said of Angel City. “The way that they launched their brand, the way that they did it by bringing their community together. We’...

Donald Trump indicted: What to know about the documents case and what’s next

Published Fri, 21 Feb 2025 18:01:21 GMT

By MEG KINNARD (Associated Press)Donald Trump’s indictment on charges of mishandling classified documents at his Florida estate has brought renewed attention to one of the most notable cases in Justice Department history.The federal charges represent the biggest legal jeopardy so far for Trump, coming less than three months after he was charged in New York with 34 felony counts of falsifying business records.Here’s a look at the charges, the special counsel’s investigation and how Trump’s case differs from those of other politicians known to be in possession of classified documents:WHAT ARE THE CHARGES, AND HOW IS TRUMP REACTING?Trump has been charged with seven counts related to the mishandling of classified documents, according to two people familiar with the indictment but not authorized to speak publicly about it.Trump’s lawyer James Trusty said Thursday on CNN that the indictment includes charges of willful retention of national defense information...

Big San Jose project with 1,000-plus homes will have affordable units

Published Fri, 21 Feb 2025 18:01:21 GMT

Massing visualization of a residential development consisting of 1,027 apartments located at 360 Saratoga Avenue near Kiely Boulevard in San Jose, concept. (WRNS Studio)SAN JOSE — Scores of affordable homes would be part of a huge housing development in San Jose with more than 1,000 residences that would rise on the site of a shuttered casino, just-released plans filed with the city show.Trammell Crow, one of the nation’s largest real estate development and investment firms, has proposed the development at 360 and 400 Saratoga Avenue near Kiely Boulevard in San Jose.The 10.3-acre development site once accommodated the well-known Garden City Casino and the popular Harry’s Hofbrau restaurant, which both closed years ago.Starting in 2016, at least four distinct proposals have emerged for a dramatic redevelopment of the prime site. The Trammell Crow mixed-use plan is the latest vision for the property.“The project involves mixed-use commercial, transit-orien...

MLB officials: Players utilizing IL to deal with mental health struggles a sign that the system is working

Published Fri, 21 Feb 2025 18:01:21 GMT

The 2023 MLB season ought to be remembered for the inception of the pitch clock, banning of the shift and the speeding up of the game.And one other thing: it’s the year the MLB saw more players speak up about mental health struggles and utilize the injured list to deal with issues related to anxiety.Three players this year have already spent time on the IL for anxiety: A’s reliever Trevor May, who spent more than a month on the IL before returning to the A’s in late May, Rockies reliever Daniel Bard, who started the year on the IL but returned in April, and Tigers outfielder Austin Meadows, who went on the IL after six games and has yet to return.It represents progress from two years ago, when Sports Illustrated reported there were more than a dozen players on the restricted list while batting mental health struggles. The difference? Players on the restricted list often go without pay and access to health services; players on the injured list continue receiving the same benefits as ...