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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
flood waters, brought by Tropical Depression Imelda, to deliver food to stranded Houston drivers. Ryan Anthony is one of several drivers stuck on northbound I-45 just north of 610. He said employees at a nearby Chick-fil-A walked through the water and delivered food to the drivers stuck on the highway. 306
— higher than that of the average flu strain. The organization also said that while the disease does not spread as quickly as the average flu, because the viral strain is so new, it still poses an issue due to lack of immunity built up in humans.The vast majority of COVD-19 cases remain in mainland China, where more than 80,000 people have been infected with the virus. South Korea (more than 6,000), Iran (more than 4,000) and Italy (more than 3,000) remain hotspots for the disease. In the U.S., at least 236 people have contracted COVID-19 — the majority on the west coast. Fourteen people have died as a result of the disease — 13 in Washington state, and one in California.According to 694
is known for preaching forgiveness, one particular incident drew a rare moment of ire from him on Tuesday.At least one of the state's 39 new confirmed cases of COVID-19 Tuesday has been attributed to a "coronavirus party," Beshear said Tuesday. The governor said that a person who would later test positive had exposed themselves to the virus when they attended the gathering with a group of people between the ages of 20 and 30."This is one that makes me mad, and it should make you mad. Ultimately, the power of forgiveness, we should forgive that person, but no more of these statewide," Beshear said.Beshear has already ordered that "non-essential businesses" in the state should close for the time being. He's also reminded Kentuckians that all small gatherings should be avoided in order to prevent the spread of the virus.This story was originally published by Melissa Ratliff on 889
RELATED: San Diego City Council passes controversial affordable housing plan"The proposal, as prepared, is a very moderate approach to 137