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Sales of existing homes are up nearly 21 percent over a year ago, September sales were about 9.4 percent higher than just the month before.The National Association of Realtors says there were more than 6.5 million sales of single-family homes, townhomes, condominiums and co-ops in the month of September. The median price for these sales was 1,800. The monthly median sale price has increased for 103 months in a row, according to the NAR.There were 5.4 million sales of existing homes in September 2019, with a median sale price of 1,500.Home-buying continues to be a bright spot in the economy during the coronavirus pandemic."Home sales traditionally taper off toward the end of the year, but in September they surged beyond what we normally see during this season," said Lawrence Yun, NAR's chief economist, in a press release. "I would attribute this jump to record-low interest rates and an abundance of buyers in the marketplace, including buyers of vacation homes given the greater flexibility to work from home."In fact, the NAR says sales in so-called vacation destination counties have increased 34 percent year-over-year.However, supply is dwindling. The NAR estimates there is only about a 2.7-month supply of unsold existing homes given the current sales pace. That’s down from a 3-month supply in August and a 4-month supply from a year ago."There is no shortage of hopeful, potential buyers, but inventory is historically low," Yun said. "To their credit, we have seen some homebuilders move to ramp up supply, but a need for even more production still exists."For homes being listed for sale, about 70 percent were on the market for less than a month. 1683

SACRAMENTO, Calif. (KGTV) -- California will have the highest gas tax in the nation after an upcoming increase beginning July 1, according to figures by the Tax Foundation. Beginning July 1, California’s gas tax will increase by nearly six cents. Currently, the tax is 55.2 cents per gallon. When the additional tax kicks in, that figure will jump to more than 60 cents in taxes per gallon. Currently, the highest gas tax in the nation is in Pennsylvania at 58.7 cents. RELATED: Newsom proposes plan to withhold gas tax funds from cities that don't meet housing requirementsSB1 was signed into law by then Governor Jerry Brown in 2017 and increased the gas tax by 12 cents per gallon and registration fees by as much as 5.In November of 2018, an effort to repeal the gas tax increase, Proposition 6, failed to pass in a statewide vote."The test of American strength is whether we defeat this stupid repeal measure which is nothing more than a Republican stunt to get a few of their losers returned to Congress," Brown said of the repeal effort at a 2018 event.Those who support the taxes say they're estimated to generate billion over a decade. 1160

SAN CARLOS, Calif. (KGTV) -- Police are searching for a suspect caught on video stealing a bike from a San Carlos garage in late October. According to police, the theft happened on the 6600 block of Bell Bluff Avenue on October 25 around 2 p.m. Police say the suspect backed his truck into the victim’s garage before using bolt cutters to cut a lock and steal a M80 mountain bike. According to police, the theft wasn’t the first time mountain bikes were stolen from the same home. On October 13 and 15, the victim had two other mountain bikes stolen from the garage. The total value of the three bikes is ,000, police say. At this time, it’s unknown if the same suspect is responsible for all three thefts. The suspect is described as a white male in his 30s or 40s with short, blonde hair and a full beard. After the second theft, police say the victim installed security cameras, which captured the third theft. Watch video of the incident below: 960

SAN DIEGO (AP) -- Manny Machado hit a grand slam with one out in the 10th inning and the San Diego Padres beat the Texas Rangers for the third straight game, 6-3.Machado's 11th career grand slam and sixth walkoff homer came off Rafael Montero, whose only out in the 10th came on pinch-hitter Greg Garcia's sacrifice.Fernando Tatis Jr., who hit his MLB-leading 12th homer earlier, drew a walk off Montero to load the bases ahead of Machado, who hit his sixth homer of the season.The Padres have hit grand slams in three straight games for the first time in club history.The Rangers, down 2-1 entering the ninth inning, sent the game into extras thanks to Joey Gallo's solo home run off reliever Matt Strahm. 714

SAN DIEGO — Sisters Pizza on the edge of Hillcrest just celebrated its one-year anniversary. The party wasn’t exactly what owner Emily Green Lake had in mind. "We're not constantly doing refills, bringing them condiments the way that we used to,” she said. “Salt and pepper shakers are a thing of the past. I don't know that we'll ever see those again.” About two weeks ago, county restaurants got the green light to once again host guests. While Lake doesn't have to, she is keeping the dining room closed to the public for safety reasons. Instead, she opened eight of the 22 tables on her front patio, spaced out for social distancing. “It's nice to see people back there, but it's sad to think of the opportunities that my business is missing out on,” Lake said. Still, not every restaurant is hosting guests . Some are opting to stay take-out only for the time being. The ones that have opened up, however, are finding limited takers. New reservation data from Open Table shows seated dining in San Diego is down about 80% from this time a year ago. One reason: only about 45 percent of the restaurants in Open Table’s network are even taking reservations. “Just because we've had to open the economy doesn't mean that there is no coronavirus anymore, and I think that's where people are coming from when they don't want to be among the masses,” Lake said. Lake said while delivery is up, overall sales are down 40%. And to make it harder, she's spending 80 cents per order on disposable plates and utensils. Lake said she has been able to keep all of her 14 workers, but that their hours have been cut. Normally, around this time year, Lake would have hired twice as many people. Customers, meanwhile, are now ordering from the front patio. While a server wearing protective gear brings out the food, customers asked to bus their own tables. 1855

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