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With the COVID-19 pandemic creating a demand for homes across the country, housing prices are on the rise.The median price for a single-family home increased to more than 3,000 between July and September, a figure that's increased 12% in the last year.According to Danielle Hale, the Chief Economist at Realtor.com, housing prices increase when there are a large number of buyers and not a lot of homes for sale."With the pandemic, we've actually seen these trends be exacerbated," Hale said. "We have even more buyers in the market, as people are looking for more space and possibly to get out of crowded apartments and into a single-family home where they've got a yard and some outdoor space and room to live and work and play all at home."Hale says prices are up because there aren't enough new homes under construction — a possible overcorrection from the housing market crash 12 years ago when there was more construction than was needed, and the loan market went without the regulation in place today.Hale says that home prices are now rising in a way that could eventually impact affordability."Home prices are rising, but this pace of increase may not be sustainable, especially if mortgage rates steady or start to rise," she said. "The important thing to think about is that regardless of the macro-economic context, you want to look at your personal financial situation."Experts say the best way to become immune to a housing bubble is for buyers to make sure their financial situation can handle monthly mortgage payments long-term, even in the event of job loss. 1587
in an attempt to chase down a car that rear-ended him.Olufemi S. Olomola, 38, was charged with two counts of abduction, reckless driving and felony hit and run for the Monday night incident.John Murray and Tameka Swann said Olomola picked them up from their home just before 8 p.m. Monday for a night out on the town.But, shortly after pulling away, they said someone rear-ended their Uber on Chamberlayne Avenue.“Our Uber attempted to pull over so that they exchange information, but the car didn’t stop behind us. They went around us and sped off and that’s when our Uber sped off behind him,” Swann said.Murray began to stream their trip on Facebook Live from the backseat.The driver pulled onto West Broad Street and raced through several red lights, according to the video.The couple said an SUV then crashed into the side of their car at West Broad Street and Arthur Ashe Boulevard. The video showed the driver continuing to speed away, narrowly missing a bicyclist.“At approximately 8:15 p.m. on Monday, officers were called to the 2800 block of West Broad Street for the report of a hit and run. Officers arrived and spoke to the driver who reported that while transporting passengers, his vehicle was struck by another car and that car left the scene,” a police spokesperson said.“That was the scariest moment of my life,” Swann said. “I have never been that scared in my life. It was a nightmare.”The couple says they suffered minor bruises and were checked out at the hospital.A spokesperson with Uber said they are also investigating the ride.“This driver’s behavior is concerning, and we have removed his access to the app pending investigation,” said an Uber spokeswoman.Anyone with information about the first hit and run or this incident is asked to call Detective G. Drago at (804) 646-1369.Olomola is due in court on Thursday morning.This story was originally published by Brendan King on 1909
You can make a pet food donation at various locations throughout San Diego County from now until Nov. 15. Click here for more information. 146
With a down payment lower than 20%, private mortgage insurance is usually required. Monthly fees vary according to credit score, loan-to-value and insurer, and range from 0.55% to 2.25%. 189
Working in the health care industry can impact the mind and body.“I’ve been a nurse for seven years and this pandemic has been the most stressful time of my nursing career,” registered nurse Hugo Mercardo said.Mercardo says working 12-hour shifts on the front lines during the COVID-19 crisis has left him tired and hungry.“I just pretty much stuff my food and take a quick lunch and go back on the floor,” he said.Mercardo says the hospital he works at in Southern California is understaffed and many of his coworkers are overworked.To help cope with the stresses, many health care workers are eating too much or not enough.“I think it’s mostly due to stress because we use eating as a way to get that immediate comfort after a shift,” Mercardo said.Erratic eating patterns are becoming more common among health care workers nationwide.“I think in this time of COVID, people are starting to crack because of it,” said Philip Mehler, M.D., founder and executive medical director at ACUTE, the country’s only intensive care unit for people who have the most extreme forms of eating disorders.“The stress of the of the illness is causing more anxiety more depression,” Mehler said.During the pandemic, the number of health care providers seeking treatment for eating disorders at ACUTE has quadrupled compared to last year. In the last eight weeks, that number has grown even more.“Health care workers tend to minimize their own illnesses, they tend to wait until they’ve got more severe to go in for care,” Mehler said, adding that many eating disorders are curable.As the number of COVID cases continue to climb, however, he predicts so will the number of health care workers experiencing eating disorders.“The longer this goes on, the more there’s a need for resiliency,” Mehler said. “It beats you down after a while.”Moving forward on the front lines, Mercardo and his coworkers will be taking a closer look at their caloric intake as this crisis continues.“Our bodies need to be at a maximum level to handle the stress that we have going on at work,” he said. 2071