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Denver’s low February inventory sparks new round of bidding wars

Published Thu, 06 Feb 2025 08:02:37 GMT

The Denver metro real estate market continues to struggle with limited inventory, with the number of available properties listed in February at 3,778, down 8.3% from January but up 208% over February 2022.That limited inventory continues to keep prices high. February’s median closed price of $562,500 is up 4.4% from January but down 2.2% from a year earlier.Properties are staying on the market longer, with the average days available at 48, up 4.4% from January.“Year over year we see Denver’s most active market falling in the months of February through May and we are on trend for this year to follow suit,” says Anna Centron, a broker associate at The Agency Denver.“Higher interest rates are not deterring buyers. We are back to seeing multiple offers within the first weekend of properties being active on the market that are correctly priced or lower priced (of market value). With many lenders offering free re-financing options, along with the assumption o...

Colorado Republicans’ all-night filibuster sought to stall gun reform, safe drug-use site bills

Published Thu, 06 Feb 2025 08:02:37 GMT

More than 16 hours after they entered the House chamber, Colorado lawmakers advanced two controversial bills regulating guns and drug use in the early morning hours Friday, ending a marathon session of often emotional debate about how to best save lives amid dueling public health crises.House Republicans had pledged to fight the Democrat-backed bills, one of which would enact a minimum three-day waiting period for buying a gun, and the other would allow local governments to open safe-use drug sites. They made good on those threats Thursday: Debate on the gun measure began at 1:30 p.m. and ended at 2:30 the next morning. Republicans rejected a deal to end debate in exchange for a modest amendment as midnight approached, and Democrats shot down more than a dozen Republican attempts to change the gun bill.Ultimately, the waiting-period bill passed with the slight change that Republicans had rejected hours before, which will delay when the bill — should it be signed into law ̵...

Kade Reed Pascal Dead after Semi-Truck Crash on Interstate 5 [Bakersfield, CA]

Published Thu, 06 Feb 2025 08:02:37 GMT

24-Year-Old Man Man Dies in Rear-End Collision near Twisselman RoadBAKERSFIELD, CA (March 10, 2023) – Tuesday night, a semi-truck crash on Interstate 5 claimed the life of Kade Reed Pascal.The incident happened on March 7th, at around 7:35 p.m., in the northbound lanes of Interstate 5, just south of Twisselman Road.According to reports, a semi-truck and a Volkswagen Jetta, driven by Pascal were traveling along Interstate 5. For reasons that are currently unclear, Pascal rear-ended the semi-trailer and ended up being pinned inside of his vehicle. The collision left him with serious injuries.First responders to the site of the collision extricated Pascal from the wreck. However, due to the severity of his injuries, medics pronounced 24-year-old Kade Reed Pascal, of Carmichael, dead at the scene.Following the crash, officials closed down the areas of the road surrounding the incident. Traffic was backed up while authorities performed cleanup and preliminary duties.No words can me...

How Steve Sidd’s Father Made Him the Successful Entrepreneur That He is Today

Published Thu, 06 Feb 2025 08:02:37 GMT

Every kid gets inspired by at least one person who makes a significant difference in their life and influences their major decisions. For Steve Sidd, that inspiring figure was his father.The drive to run a hospitality business is traced back to Steve’s father, who had been in the catering business before Steve was even born. When he was in primary school, and all his friends were at the beach surfing or going out,  Steve’s mother used to put him in a taxi and send him to work with his dad. Most of his childhood was spent in his dad’s kitchen, watching him run the club’s catering and restaurant business.Steve became passionate about the food business; he became curious about how his father operated the business, and that’s where his drive to run a successful catering and hospitality business stemmed from.Sitting in a freezer and watching his dad pass the food plates out to customers greatly impacted Steve as a child. All the heat in his dad’s fiery kitchen made the ...

Krystal Francesca Bustamante Pronounced Dead after Two-Vehicle Crash near South Kino Parkway [Tucson, AZ]

Published Thu, 06 Feb 2025 08:02:37 GMT

Vehicle Collision on East Silverlake Road Killed One 34-Year-Old Female DriverTUCSON, AZ (March 10, 2023) – Friday afternoon, a two-vehicle crash near South Kine Parkway claimed the life of Krystal Francesca Bustamante.It happened at around 2:00 p.m., March 3rd, in the area of South Kino Parkway and East Silverlake Road.According to the TPD, a red two-door Fiat and a white Chevrolet SUV were the vehicles involved in the incident.Upon investigation, police have learned that 34-year-old Bustamante was driving the Fiat and was traveling north on Kino Road when she was struck by another vehicle.Furthermore, Bustamante suffered life-threatening injuries while the driver of the Chevy, a man in his 70s, sustained no injuries.Consequently, the officers transported Bustamante to the hospital where she later died due to her injuries.Police have also learned that she was wearing her seatbelt at that time but she was driving with a suspended license.At this time, no citations have been ma...

Analysis: Silicon Valley Bank collapse has echoes of 2008. Here’s why things are different this time

Published Thu, 06 Feb 2025 08:02:37 GMT

Analysis by Julia Horowitz and Anna Cooban | CNNThe failure of Silicon Valley Bank is rattling markets and raising uncomfortable questions: Will it undermine the broader banking system and start a new meltdown?Billionaire hedge fund manager Bill Ackman has compared SVB to Bear Stearns, the first lender to collapse at the start of the 2007-2008 global financial crisis.“The risk of failure and deposit losses here is that the next, least well-capitalized bank faces a run and fails, and the dominoes continue to fall,” Ackman wrote on Twitter.Yet most analysts say the implosion of SVB appears company-specific for now. A crucial lender to US technology startups, the bank came under pressure as Silicon Valley funding dried up, the result of an economic slowdown and rapidly rising interest rates.“The reason [SVB is] in trouble is because they have exposure to particular industries,” said Jonas Goltermann, deputy chief markets economist at Capital Economics. Most othe...

Mexican cartel apology is cold comfort to U.S. victims’ families

Published Thu, 06 Feb 2025 08:02:37 GMT

By Hilary Powell, Alfredo Peña and James Pollard | Associated PressLAKE CITY, S.C. — Relatives of Americans abducted in Mexico said that a purported apology from the Mexican cartel blamed for the attack has done little to dull the pain of their loved ones being killed or wounded.In a letter obtained by The Associated Press through a Tamaulipas state law enforcement official, the Scorpions faction of the Gulf cartel apologized to the residents of Matamoros where the Americans were kidnapped, the Mexican woman who died in the cartel shootout, and the four Americans and their families.But later in the day, the father of Shaeed Woodard, one of the two Americans who died, said he was speechless upon hearing that the cartel had apologized for the violent abduction captured in video which quickly spread online.“I’ve just been trying to make sense out of it for a whole week. Just restless, couldn’t sleep, couldn’t eat. It’s just crazy to see your own child take...

Stanford’s Haase will return for eighth season as MBB coach

Published Thu, 06 Feb 2025 08:02:37 GMT

Stanford men’s basketball coach Jerod Haase will return to the program next season, school officials announced Thursday night after the Cardinal’s loss to Arizona in the Pac-12 tournament quarterfinals.The 95-84 defeat to the second-seeded Wildcats ended Stanford’s season, Haase’s seventh in charge.Under Haase, the Cardinal has never reached the NCAA Tournament and has made the NIT once. Haase’s best overall season was 2019-20, when the Cardinal went 20-12 and was projected by some to reach March Madness before the coronavirus pandemic shut down the sports world.The Cardinal reached the NCAA Tournament 13 times in 14 years under former coaches Mike Montgomery and Trent Johnson.Their successors, Johnny Dawkins and Haase, have produced one berth in 15 years, and none since 2014.Related ArticlesCollege Sports | No. 8 Arizona pulls away from Stanford, reaches Pac-12 semis College Sports | San Jose State beats Nevada in OT to advan...

Sheriff: Man arrested in California mountains for stealing a snow plow in an effort to make money by clearing roads

Published Thu, 06 Feb 2025 08:02:37 GMT

A 35-year-old San Dimas man wanted to pull in a little extra cash by plowing roads in Big Bear Lake after the Blizzard of ’23, but the San Bernardino County Sheriff’s Department said his initiative went too far because the entrepreneur stole a snow plow from the city to carry out his plan.The city reported the theft on March 4. The same day, deputies using GPS tracking found the man sitting in the snow plow on Moonridge Road, on the east end of town near the motel where he was staying, the department said on Thursday, March 9.Related ArticlesCrime and Public Safety | Atmospheric river rocks Bay Area, causing closures, evacuations Crime and Public Safety | With La Niña officially over, El Niño will form during this hurricane season, forecasters say Crime and Public Safety | Coroner: 1 death in San Bernardino Mountains linked to recent storms; 8 others being investigated Crime and Public Safety | Gov. Gavin Newsom requests eme...

‘Mandalorian’ creator Jon Favreau pitches Star Wars ride for Disneyland

Published Thu, 06 Feb 2025 08:02:37 GMT

“Mandalorian” series creator Jon Favreau wants Walt Disney Imagineering to build an immersive theme park ride based on the Razor Crest spaceship in the Disney+ show for the Star Wars: Galaxy’s Edge lands in Disneyland and Disney World.Favreau pitched the idea for a new Mandalorian ride during a wide-ranging interview with IMDB about the new third season of the popular Star Wars television show.Favreau would center the attraction on the Razor Crest spacecraft that served as the trusty transport and living quarters for Mandalorian Din Djarin and the Force-sensitive toddler Grogu. The former military craft was destroyed in the second season of “The Mandalorian” by Imperial forces. @imdb That’s a huge yes on rides that make you feel sick. #mandalorian #disneyworld #jonfavreau #kateesackhoff #imdb ♬ original sound – IMDb “I’d probably do something that’s very immersive,” Favreau told IMDB. “I’d probably do something with haptics worked in. I’d probably use assets that we us...