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Despite more out-of-work Americans amid the pandemic, housing has gotten more expensive during the coronavirus pandemic, especially in rural America.According to findings by Redfin, during the four-week period ending August 2, prices for homes in rural areas jumped 11.3% from 2019 figures. The median house price in urban areas increased by 6.7%. Suburban areas jumped 9.2%.Redfin’s data also indicates more home buyers are looking to move to rural or suburban areas, shying from urban locales. Before the pandemic, 37% of home buyers were searching for homes in urban areas; now it’s 19%. Forty-three percent of home buyers were searching in suburban areas before the pandemic; now, it’s 50%. Nine percent of home buyers were home searching in rural areas before the pandemic; now it’s 19%.During the coronavirus, living close to restaurants, bars, social events and offices is not nearly as much of a priority for many home buyers."We've been speculating about increasing interest in the suburbs and rural areas since the start of the pandemic," said Redfin economist Taylor Marr. "Now we're seeing concrete evidence that rural and suburban neighborhoods are more attractive to homebuyers than the city, partly because working from home means commute times are no longer a major factor for some people. And due to historically low mortgage rates, interest is turning into action. There will always be buyers who choose the city because their jobs don't allow for remote work or they place a premium on cultural amenities like restaurants and bars—which will eventually come back—but right now the pendulum is swinging toward farther-flung places."However, when the coronavirus ends and it becomes safe to return to offices and social events, will buyers regret purchasing a home in far-flung locales?"Newly remote workers from New York City are buying properties in rural areas like Warren County, NJ and Sussex County, NJ, but I expect that some of these buyers may eventually catch post-COVID buyer's remorse," said Darlene Schror, a Redfin agent in northern New Jersey. "Post-pandemic, buyers may realize that while their new neighborhoods make for a nice weekend getaway, the long commute may become unsustainable should things go back to normal. And they'll miss city amenities like high-quality restaurants, shopping centers and walkability."The median price for homes in urban areas are more affordable than suburban and rural regions, but the homes being purchased in non-urban areas are generally larger.The median home price for an urban house in the four weeks ending August 2 was 5,873, according to Redfin. Meanwhile, the median cost for a rural home was 6,750, and the median cost for a suburban home was 2,900.But per square footage, urban homes still were more expensive, costing 6.17 per square foot, compared to 8.76 in the suburbs and 2.58 in the country. 2903
DEL MAR, Calif. (KGTV) - It’s the first day of Bing Crosby winter horse racing at the Del Mar Racetrack and fans are making their way through the gates. Race officials say safety, for riders and horses, is the top priority for everyone. The Bing Crosby season is 15 days shorter than the summer season. Trainers say the Del Mar track is one the best because of San Diego's weather. "This track, especially in the fall, is the safest dirt track in the world," says trainer Bob Hess. "Moisture is really important for a racing surface."RELATED: Del Mar Thoroughbred Club upgrades horse safety for 2019 racing seasonAfter a successful summer meet, the Del Mar Racetrack expects the same this time around for the winter season. "Safety is everything here," says Joe Harper, CEO of the Del Mar Thoroughbred Club. "Last year, we had a really good meet. Not one horse was injured in racing."Harper says the entire racing industry has been under close watch after recent deaths at the Santa Anita Racetrack. Some politicians even suggested suspending racing there. "It's tens of thousands of jobs. It's a billion-dollar industry," says Harper. "It's not just closing down a racetrack; it's closing down an industry."RELATED: New Del Mar Racetrack protocols aim to make sport safer and more humaneTrainer Bob Hess says the horses have a way of communicating; it's their job as trainers to listen to them. "They will give us everything they have, but it's also our job as trainers, jockeys, owners, and even racetrack management to care for the horse. Put the horse first."The racetrack has a lot of fun things for visitors to do over the next 15 days, including concerts, wine, and beer tastings, and even a full day of holiday fun on Thanksgiving. RELATED: Attendance, betting handle down at Del Mar 1800
DEARBORN, Mich. (AP) — Ford and Volkswagen will work together to develop a small city van, a larger cargo van, a small pickup truck and an electric vehicle as part of their global alliance announced last year.The companies on Wednesday announced some details of what the venture will yield, with the city van created by VW and a 1-ton cargo van engineered by Ford to be sold by both companies.Also, VW will make a small pickup built on the underpinnings of Ford’s Ranger, and Ford will build an electric vehicle for Europe based on VW’s modular design, the companies said.The automakers announced the alliance last July amid a string of industry partnerships designed to share the costs of developing new technologies.“In light of the Covid 19 pandemic and its impacts on the global economy, more than ever it is vital to set up resilient alliances between strong companies,” said Volkswagen Group CEO Dr. Herbert Diess. “This collaboration will efficiently drive down development costs, allowing broader global distribution of electric and commercial vehicles, and enhance the positions of both companies.”“This alliance comes at a time of tremendous enthusiasm about the intersection of increasingly intelligent, connected vehicles in an ever-smarter world,” said Ford CEO Jim Hackett. “This creates a huge opportunity to innovate and solve many of the world’s transportation challenges and deliver extraordinary benefits to customers – even as companies need to be selective about how they use their cash.” 1517
DEHESA, Calif. (CNS) - A man was killed Monday morning when his car struck a fire hydrant and overturned off the side of a rural road east of El Cajon.The crash happened around 5:30 a.m. on Dehesa Road, west of Sloane Canyon Road, California Highway Patrol Officer Travis Garrow said.The driver was westbound on Dehesa Road when, for unknown reasons, his 2001 Toyota Camry crossed into the eastbound lanes, then struck a fire hydrant on the south side of the road and overturned, Garrow said.The motorist, who was not immediately identified, was pronounced dead at the scene, the officer said. 601
DENVER – The man accused of shooting and killing three people at a Thornton, Colorado Walmart on Wednesday night will likely learn if prosecutors will seek the death penalty against him Monday afternoon.Scott Allen Ostrem, 47, made his first court appearance Friday morning in Adams County. Formal charges have yet to be filed against him, but his arrest warrant carried first-degree murder after deliberation charges.Prosecutors are expected to seek similar first-degree murder charges, and an attorney for the state said at Friday’s hearing that “there’s going to be multiple counts in this case.” District Attorney Dave Young said they might also pursue attempted murder charges."When you fire into a crowd of people you don't necessarily need to fire more than one shot to be convicted or charged with attempted murder," Young said.Prosecutors initially argued that they should have until Wednesday to file formal charges, saying that they needed to interview more people and review more video footage to determine who, if anyone in particular, Ostrem was targeting in the shooting.Police and the FBI say they still have not determined a motive for the Wednesday night shooting, which left three people dead.First-degree murder convictions carry sentences of either life in prison without the possibility of parole or the death penalty in Colorado, but prosecutors must say which penalty they are seeking when the initial charges are filed. But only three people remain on Colorado's death row, and no one has been executed in the state since 1997.Young would not comment on whether he would seek the death penalty for Ostrem.And though prosecutors had asked for more time, Judge Ted Tow set the advisement for 1:30 p.m. Monday. The affidavit in the case will remain sealed until at least then.Ostrem was represented by two public defenders in court Friday, and said little, other than answering “yes” when asked questions about his understanding of the proceedings by the judge. He was dressed in a blue jail jumpsuit.One of his attorneys asked the judge to have police officers re-seize the Walmart store, saying she was concerned that some evidence could be compromised. She said her team hadn’t been allowed into the store, and that she had concerns that evidence could be destroyed once the store reopens.But the judge denied the request, saying he had no authority to order police or Walmart to do anything.A Walmart spokesperson told Denver-based KMGH on Friday they were working to decide when the store might reopen.Police arrested Ostrem on Thursday morning more than 12 hours after the shooting occurred. An anonymous citizen tip alerted authorities to his presence in the area, police said, though FBI agents also spotted him in the area. Ostrem was arrested just a few blocks from his apartment.The coroner for Adams and Broomfield counties on Thursday identified the three killed in the shooting as 52-year-old Pamela Marques of Denver, 66-year-old Carlos Moreno of Thornton, and 26-year-old Victor Vasquez of Denver.GoFundMe pages can be found for each of the victims at the following links: Marques; Moreno; Vasquez. The three were shot shortly after 6 p.m. Wednesday, when Ostrem allegedly walked in and fired a handgun, police said Thursday morning.Ostrem had a history of run-ins with the police—most recently a driving while ability impaired conviction in Wheat Ridge in 2014. Neighbors said he was “weird” and kept to himself. Another neighbor told KMGH Ostrem came off as rude and unapproachable.“He was on the edge, not friendly, wouldn’t talk to anybody,” said neighbor Teresa Muniz. “You didn’t dare talk to him, because he always looked mad.”Ostrem walked off his roofing job Wednesday morning in Frederick, the company confirmed, but was otherwise a “good worker,” fellow employees said. He also had several failed businesses, and declared bankruptcy in September 2015.A law enforcement source also told KMGH Thursday that Ostrem's mental health history was being investigated.Ostrem is being held without bond pending his formal charges."We've conducted hundreds of interviews, but we’ve got to go through those and see who might actually be a victim of a crime, and that takes time,” Young said. “But we'll get it done and have charges ready on Monday." 4319