Connect with us

California

MoneyGeek: Homeownership is unaffordable in these 2 California counties

Published

on


(NEXSTAR) – Over the previous few years, many individuals across the nation have watched house costs of their humble hometowns rapidly develop out-of-reach.

A report by MoneyGeek recognized 26 U.S. counties which have made that shift since 2019. To compile its checklist, MoneyGeek mentioned it checked out counties with greater than 250,000 folks which might be seeing inhabitants development. From there, analysts checked out how a lot house costs have gone up since 2019 and in contrast the price of proudly owning a house to the world’s median earnings.

Counties like San Francisco County and New York County didn’t make the checklist as a result of they’ve been thought of “unaffordable” for longer than only a few years, a MoneyGeek analyst informed Nexstar. The identical goes for King County (house to Seattle) in Washington, Los Angeles County, and Santa Clara County (the center of Silicon Valley).

In three of these counties – New York, San Francisco and Santa Clara – the median house value tops $1.1 million.

Advertisement

On the checklist of 26 counties the place house possession prices have skyrocketed extra just lately, you’ll discover cheaper median house costs – however these locations even have decrease median incomes. In Davis County, Utah, for instance, the median earnings is $36,597. The median house value, in the meantime, is $428,765. MoneyGeek says house costs have gone up 34% the final three years on this county north of Salt Lake Metropolis.

The counties the place house possession has grown unaffordable since 2019, in accordance with MoneyGeek, are:

  1. Ada County, Idaho
  2. Collier County, Idaho
  3. Travis County, Texas
  4. Williamson County, Texas
  5. Washoe County, Nevada
  6. Douglas County, Colorado
  7. Davis County, Utah
  8. Larimer County, Colorado
  9. Salt Lake County, Utah
  10. Kitsap County, Washington
  11. St. Johns County, Florida
  12. Sacramento County, California
  13. Spokane County, Washington
  14. Snohomish County, Washington
  15. Merced County, California
  16. Clark County, Nevada
  17. Pierce County, Washington
  18. Sarasota County, Florida
  19. Charleston County, South Carolina
  20. Thurston County, Washington
  21. Jefferson County, Colorado
  22. Marion County, Oregon
  23. Collin County, Texas
  24. Maricopa County, Arizona
  25. Buncombe County, North Carolina
  26. Clark County, Washington

In lots of of those counties, the value of houses have grown far quicker than incomes, making house possession increasingly out of attain for the typical resident. See the median earnings and median house value of every county in MoneyGeek’s full report.



Source link

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

California

'Unprecedented' heat wave in California brings death, fires, record highs

Published

on

'Unprecedented' heat wave in California brings death, fires, record highs


The intense, early-season heat wave broiling much of the Western U.S. has already set several records but is forecast to continue for another week, bringing triple-digit temperatures and compounding health and wildfire concerns across California and surrounding states.

“It’s unprecedented heat — take this very seriously,” said Dan Berc, a National Weather Service meteorologist in Las Vegas. “It’s not normal, this is excessive heat. … We’re talking 10 to 12 degrees above normal for the hottest part of the year.”

Officials have attributed several deaths to the severe heat. Among them are a motorcyclist who died Saturday in Death Valley National Park and four suspected heat-related deaths in the Portland, Ore., area.

Las Vegas on Sunday smashed its all-time high temperature by three degrees, hitting 120 for the first time since record-keeping began in 1937, according to the weather service. Several record highs were set this weekend across California, including in the eastern deserts, Antelope Valley and the state’s northwest corner.

Advertisement

Officials say the temperatures are eye-popping on their own, but the number of days topping 100, 110 or 115 degrees is also remarkable — and dangerous.

Much of inland California is expected to remain under an excessive heat warning through at least Friday, with many areas facing extreme heat risk several days in a row, forecasts show.

The San Joaquin Valley is expected to be under an excessive heat alert for 12 days straight — from early last week until Saturday — with weather officials warning that “this level of rare, long-duration extreme heat, with little to no overnight relief, affects everyone.”

While the Central Valley is accustomed to hot summers, health risks increase when overnight temperatures remain high. Some areas did not fall below 80 degrees this weekend.

“That could be potentially one of the longest [excessive heat warnings], if not the longest,” said Andy Bollenbacher, a National Weather Service meteorologist in Hanford. “This ridge of high pressure — it’s very strong, and it’s not moving anywhere.”

Advertisement

That high-pressure ridge — often referred to as a heat dome — is parked over the West, and nothing is expected to interfere with it for days, until it begins to move slightly eastward.

“We have a very large and long-standing pressure cooker over the San Joaquin Valley, and really all of California, keeping us very hot for a very long time,” Bollenbacher said.

It’s difficult to tie one heat wave directly to climate change, but researchers continue to find that human-caused global warming drives more frequent and more intense heat events. Recent heat waves are more likely to break records amid warmer worldwide temperatures as well as increased urbanization, which raises baseline temperatures, Berc said.

“We’ve had long-duration heat waves, but to have this combined with the magnitude of the heat … is unprecedented,” said Mike Wofford, a meteorologist for the National Weather Service in Oxnard.

In Southern California, Palmdale and Lancaster on Sunday set records for the most consecutive days at or above 110 degrees — four — according to the National Weather Service, which has collected this data since the 1930s and 1940s. Wofford said that record of consecutive days over 110 degrees is expected to continue this week.

Advertisement

Highs are “all over 110 until maybe Friday,” Wofford said. Lancaster also tied its all-time record high temperature at 115 degrees Sunday.

Las Vegas is also expected to break all-time records for consecutive days at or above 110 and 115 degrees, Berc said. Sin City had seen four days in a row over 110 as of Sunday night and is forecast to remain just as hot through early next week.

“We’re looking at maybe 15 days in a row,” Berc said. “That’s a record I expect we’re going to destroy.”

Record highs were tied Sunday in the Mojave Desert, as Barstow hit 118 and Bishop hit 111, according to the National Weather Service. Barstow-Daggett Airport also set a daily record minimum temperature Friday, never dropping below 85 degrees.

Highs in areas of northwest California also set records Saturday, according to the National Weather Service’s Eureka office, with Konocti hitting 112, breaking the prior record by two degrees. Covelo hit 117, beating its prior record of 115; Alderpoint hit 113, passing the prior record of 112; and Hoopa hit 114, beating the record by three degrees.

Advertisement

The rest of this week will continue to be hot across much of California, with highs 10 to 15 degrees above average for early July, Wofford said.

California’s eastern deserts are forecast to see the worst conditions through Thursday. The weather service’s Las Vegas office warns of “dangerously hot conditions for an unusually long period.” Highs across Owens Valley to Death Valley are expected to span from 105 to 129 through Thursday, the warning said.

The Sacramento Valley will remain under the excessive heat warning through Friday night, with hopes that next weekend could see temperatures finally dip below 100.

Most of southwestern California, besides the coast, will remain under heat advisories through at least Thursday, with the weather service urging residents to “take action when you see symptoms of heat exhaustion and heat stroke.”

“Anyone overcome by heat should be moved to a cool and shaded location,” the weather service said. “Heat stroke is an emergency!”

Advertisement

People cool off in misters along the Las Vegas Strip on Sunday.

(John Locher / Associated Press)

Much of Northern California — Trinity, Mendocino, Humbolt and Lake counities — remained under an excessive heat warning through Monday evening.

Temperatures across the Pacific Northwest were also expected to remain well above average, with an excessive heat warning in effect across much of Oregon and Washington, where temperatures set records this weekend, climbing into the 90s and low 100s.

Advertisement

The National Weather Service is warning that this heat wave will continue to bring “elevated to critical fire weather conditions” across the interior, stoking “large fire growth” for new or existing blazes.

The latest fast-growing fire, in the Los Padres National Forest in Santa Barbara County, surged past 20,000 acres Monday. The Lake fire has forced evacuations and was listed as 8% contained Monday morning.

Staff writer Nathan Solis contributed to this report.



Source link

Advertisement
Continue Reading

California

At least 21 wildfires burn in California amid historic heat wave

Published

on

At least 21 wildfires burn in California amid historic heat wave


At least 21 wildfires burn in California amid historic heat wave – CBS News

Watch CBS News


California is one of the western states dealing with a historic heat wave as at least 21 wildfires burn, forcing evacuations in parts of the state. Multiple heat records were broken over the weekend. Death Valley, one of the hottest places on Earth, hit 129 degrees on Sunday, tying the 2007 record.

Advertisement

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Source link

Advertisement
Continue Reading

California

NBA Summer League: Standout players from Day 2 of California Classic

Published

on

NBA Summer League: Standout players from Day 2 of California Classic


Kel’el Ware made his presence felt in his second Summer League outing with 26 points and 11 rebounds.

• Download the NBA App
• Summer League: Complete Coverage

Day 2 of the 2024 California Classic saw settled nerves and scintillating performances as the early stages of NBA Summer League continued. Here’s a look at the individual showings that impressed in Sunday’s action:


Kel’el Ware, Miami

Advertisement

Rookie big men who play with full-grown size and strength are not common, but Ware is showing he could be one of them early in Summer League play. The 20-year-old 7-footer took a whopping 21 shot attempts — only three of which came outside the paint — en route to 26-point, 11-rebound double-double in the Heat’s victory over Sacramento.


Cole Swider, Miami

Going undrafted in 2022 hasn’t stopped Swider from keeping a firm toehold in the NBA. He showed part of how he’s done that on Sunday, scoring 21 points on 12 shots while shooting 5-for-10 from 3-point range. The 25-year-old swingman is hoping to be the latest undrafted diamond unearthed by the Miami Heat.


Jordan Ford, Sacramento

Advertisement

Another undrafted veteran who has landed two-way contracts to keep his NBA dream alive, Ford showed the kind of efficiency on Sunday that all teams would appreciate. The 26-year-old guard dropped 22 points on 8-for-13 shooting, including 4-for-6 from deep while committing just two turnovers in 27 minutes of action.


Ethan Thompson, Golden State

After lighting up the scoreboard in his 27-point debut on Saturday, Thompson showed he’s good for an encore with 22 points and 11 rebounds in 27 minutes in the Warriors’ win over the Lakers on Sunday. The 25-year-old guard exhibited an analytics-friendly game, shooting 2-for-5 from deep and 6-for-10 in the paint with zero midrange attempts.


Bryce McGowens, Charlotte

Second-round picks usually need to simmer before being ready to serve a real role. McGowens may be on his way after showing a valuable skill in Sundays’ win over China: getting to the free throw line. The 21-year-old and former 40th overall pick (2022) earned 14 free throw attempts in just 25 minutes of action. This comes after a sophomore season in which he upped his field goal percentage by more than four percent and cut his turnover rate by a third.

Advertisement





Source link

Continue Reading

Trending