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Loss is incredibly difficult. Those we love are only truly gone if we stop caring. Pat Patterson lived life as it should be lived with passion, love and purpose. He helped so many and always entertained with a story or joke. He will live on in my life always. Love you Patrick.— John Cena (@JohnCena) December 2, 2020 325

Lumber stocks are at a historic high. We haven't seen these numbers since the 2008 housing boom and then crash. Experts say that's in part because of the housing market and record low mortgage rates.2020, the unprecedented year where nothing goes as expected, has brought us what realtors call a "sellers' market"."There’s plenty of buyers in the marketplace, but not enough supply so what we are seeing is multiple offers happening frequently on mid-price homes. So heavy competition in the marketplace.” Dr. Lawrence Yun, chief economist for the National Association of Realtors, said.The country's largest trade organization has 1.4 million members who help people buy and sell homes. Dr. Yun says the nation's housing market has even surpassed pre-pandemic sales. He attributes a lot of that to low mortgage rates and people realizing that working from home means they need more room.“Because of the strong demand for housing and we have a shortage of homes in the marketplace, so whatever home builders build, they can find a buyer so they build more homes. But one of the constraints is lack of construction workers along with the material cost that goes into construction, such as lumber,” says Dr. Yun, who also pointed out the country's underproduction.“Home builders have been producing below historical average for 10 straight years and the cumulative effect of underproduction is we don’t have sufficient inventory and that is the reason why home prices are rising and we need to build more homes to get into balance,” added Dr. Yun.Which is why, Laura Gonzalez, associate professor of Finance at California State University Long Beach, says we're experiencing a supply and demand situation when it comes to wood.“We just don’t have enough wood,” Gonzalez said. “It's difficult to make it ready and then transport it because of the pandemic. It's not that the industry is changing its just that we have had a shift both in supply and demand.”Gonzalez also says it's the basic equation of high demand meaning lower supply, which sends prices up and stocks soaring. Then there's the factor of where our wood comes from. She says, “We import some of our lumber from Canada both from lumber and other products. If we depend on other nations, we are more susceptible to changes in supply.”So, what comes next?“The issue of supply versus demand is going to correct in two years, but the opportunities for climate finance are ongoing that is not going to finish,” Gonzalez said.Which is why Dr. Yun says home prices will hold firm, and if you're waiting for a ‘burst’ or for prices to decrease, you might be waiting a while.“In future years, mortgage rate will certainly rise and that will choke off some of the demand, but hopefully we have adequate supply so we have a more balanced market condition where prices rise in manageable, 3-4% each year and people will feel comfortable at that rate of price appreciation,” says Dr. Yun.Dr. Yun recommends if you want or need to buy, don't overstretch your budget as the competition is fierce out there. If you want to sell, don't get greedy and overprice because your home will get stuck on the market. It's yet another aspect to this odd year that has brough the unexpected to us all. 3245

LOUISVILLE, Ky. -- A Kentucky judge ruled Tuesday that a grand juror in the Breonna Taylor case is allowed to speak publicly. The grand juror alleges the jury was not given a chance to weigh charges directly connected to Taylor's death against the Louisville police officers who shot her.Jefferson Circuit Court Judge Annie O'Connell released a statement in her ruling, saying the order is not intended to coerce, compel or even encourage any grand juror to come forward. It merely grants a grand juror's request to do so and gives others the option. 558

Maryland-based vaccine developer, Novavax, has received .6 billion from the federal government to complete late-stage clinical development; set up large-scale manufacturing; and deliver 100 million doses of NVX?CoV2373, its COVID-19 vaccine candidate, as early as late 2020.This is the largest vaccine deal to date with the Trump administration as part of their Operation Warp Speed, which is focused on making a COVID-19 vaccine and treatments available as quickly as possible.Novavax has not brought any of their developed vaccines to market. According to information on their website, they have developed several vaccines for infectious diseases, however they are all in various stages of development or clinical trials. These include vaccines for the seasonal flu and RSV. Other vaccines created by Novavax are not actively being developed or studied at this time, including ones for Ebola, MERS, and SARS.According to a statement from Novavax, the agreement with the federal government includes the company demonstrating being able to rapidly get manufacturing and large-scale production of the vaccine going once approved. Novavax hopes to conduct their late-stage clinical study with 30,000 subjects in fall 2020.An early-stage clinical study took place in Australia in May on 130 participants. Study results are expected at the end of July.“Today’s .6 billion investment supports the Novavax candidate, depending on success in clinical trials, all the way through to manufacturing 100 million doses for the American people,” said U.S. Health and Human Services Secretary Alex Azar.Regeneron Pharmaceuticals has also received 0 million through Operation Warp Speed on Tuesday, to make and supply its COVID-19 vaccine candidate, REGN-COV2. Their vaccine is currently in phase 2 and phase 3 clinical studies for the treatment and prevention of COVID-19.Regeneron has several vaccines on the market currently, including Dupixent, used to treat allergic diseases such as eczema, asthma and nasal polyps which result in chronic sinusitis, and Praluent, used to treat high cholesterol. 2101

LOUISVILLE, Ky. – A grand jury announced Wednesday that none of the three officers involved in the police killing of Breonna Taylor will be indicted on homicide charges, including murder or manslaughter.Instead, one of the officers, Brett Hankison, is being charged with three counts of first-degree wanton endangerment for firing into the apartments of Taylor's neighbors. The class D felony is punishable of up to five years in prison and a fine of up to ,000. Hankison's bail is set at ,000 cash bond.Kentucky law says, “a person is guilty of wanton endangerment in the first degree when, under circumstances manifesting extreme indifference to the value of human life, he wantonly engages in conduct which creates a substantial danger of death or serious physical injury to another person.”The other two officers involved in the shooting, Jon Mattingly and Myles Cosgrove, are not facing charges.During a press conference, Kentucky Attorney General Daniel Cameron said the state could not pursue charges against Mattingly and Cosgrove, because their use of force was “justified to protect themselves” after being fired upon by Taylor's boyfriend, Kenneth Walker.“This justification bars us from pursuing criminal charges in Miss Breonna Taylor’s death,” said Cameron.Cameron also said a witness corroborated officers' claims that they announced themselves prior to entering Taylor's apartment, where they shot and killed the 26-year-old EMT. Cameron said it was "difficult" to inform Taylor's family about the grand jury's decision. "It's been a difficult day. It's a very difficult day for Louisville, the entire commonwealth and the whole country," said Cameron.Cameron expressed his condolences to Taylor's family.“Every day this family wakes up to the realization that someone they loved is no longer with them," he said. "There’s nothing I can offer today to take away the grief and heartache this family is experiencing as a result of losing a child, a niece, a sister and a friend.”With protests expected following the charging decision, Cameron is urging demonstrators to remain peaceful in the coming days. He says peaceful protest is part of their rights as Americans, but “instigating violence and destruction are not.”The attorney general also said he is commissioning a task force to review the search warrant process in Kentucky.Watch the attorney general discuss the charges:Protests begin shortly after charging decision revealedQuickly after it was announced that no officers would be charged with murder or manslaughter, protesters took to the streets of Louisville, calling for justice for Taylor.Watch the demonstrations below:The city has been preparing for such protests over the past several days. Before the charging decision was announced, Mayor Greg Fischer signed two executive orders.One order declared a state of emergency due to the potential for civil unrest. The other restricts access to downtown parking garages and bans on-street parking in order to provide an extra layer of security for protests in and around Jefferson Park, where many protests over the case have taken place.The mayor has also set a curfew in the city from 9 p.m. to 6:30 a.m. ET.Watch the mayor discuss what the city has done to prepare for protests:What we know about the Breonna Taylor caseTaylor was shot and killed by Louisville police officers who served a no-knock search warrant at her home in the early morning hours of March 13.During the incident, Taylor’s boyfriend has said that he thought the plainclothes officers were intruders and fired a warning shot. The officers returned fire, shooting Taylor several times, and she died in the hallway of her apartment.In June, the Louisville Metro Police Department fired one of the officers involved, Brett Hankison, saying he violated procedures by showing "extreme indifference to the value of human life." The other two officers involved in the case, Jon Mattingly and Myles Cosgrove, have been placed on administrative reassignment, WLEX reports.Protesters across the state have said these actions are not enough and have continuously called for the arrest of the officers involved in Taylor's shooting.Taylor is one of a handful of African Americans who have died at the hands of police officers or former police officers in 2020. The killings prompted massive protests calling for an end to police brutality across the country.Jordan Mickle at WLEX contributed to this report. 4463

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