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Anne Heche was reportedly involved in a fiery car crash on Friday morning in Los Angeles and is in critical condition. The 53-year-old actress was taken away on a stretcher in photos captured by TMZ and hospitalized for severe burns. She’s intubated but expected to live, according to the outlet. Yahoo Entertainment reached out to a rep for Heche, but did not immediately receive a response. The LAPD confirmed to Yahoo that officers responded at an incident in the Mar Vista neighborhood at 10:55… Source link

On Wednesday afternoon, Secretary of State Antony Blinken announced that the U.S. had offered Russia a “substantial proposal” aimed at securing the release of WNBA star Brittney Griner and former Marine Paul Whelan. Now the question is whether it will be enough to bring the two jailed Americans home. Will the Russians accept a 2-for-1 trade for a notorious arms trafficker who for years has been atop the Kremlin’s prisoner exchange wish list? Or will they seek to extract more concessions… Source link

The housing market boomed in 2020 and 2021 but is now cooling rapidly.AFP/Getty Images US home prices are already falling and are set to tumble in the coming months, an economist said Tuesday. Ian Shepherdson, chief economist at Pantheon Macro, told clients “the next few months will be very tough” for the housing market. Property markets boomed in 2020 and 2021 but are rapidly cooling as central banks hike interest rates, pushing up mortgage costs. US home prices are already falling and are… Source link

The housing market has rapidly changed. Sellers, once in the driver’s seat at the start of the year, are much more accommodating to complete a home sale as borrowing costs skyrocket for buyers. A growing number of home sellers have been forced to readjust their home prices in recent weeks. According to Redfin, an estimated 6.1% of homes for sale during the four weeks leading to June 19, asked for a price drop – a record high as far back as the data goes, through the start of 2015. That… Source link

(Bloomberg) — The housing slowdown is helping to solve the US real estate market’s most intractable problem: tight inventory. Most Read from Bloomberg With fewer buyers competing, the number of active US listings jumped 18.7% in June from a year earlier, the largest annual increase in data going back to 2017, Realtor.com said in a report Thursday. And new sellers entered the market at an even faster rate than before the pandemic housing rally began. The Federal Reserve is cooling off the… Source link

Justin Bench received a warm welcome from his teammates after hitting Mississippi’s third-straight home run. (Jaylynn Nash/Reuters) Game 1 of the College World Series final was tight through seven innings. But Ole Miss rode hot bats in the eighth to ensure that it would leave Saturday with a 1-0 lead in the best-of-three championship series. TJ McCants, Calvin Harris and Justin Bench hit back-to-back-to-back home runs to blow the game open en route to a 10-3 win. McCants got the hit party… Source link

The former head of Yahoo, Marissa Mayer, tore down three homes to build a pool.  She bought the houses for $700,000-$800,000 each, the San Francisco Business Times reported.  City officials initially rejected the plan, citing a law meant to protect California’s housing stock.  … Source link

A housing bubble requires both a rush of speculators entering into the market and “overvalued” home prices. Oh, and the bust at the end, of course. Unlike the housing bubble that popped in 2008, the pandemic housing boom isn’t underpinned by a frenzy of speculation, Moody’s Analytics chief economist Mark Zandi says. While home flipping has certainly ticked up during the pandemic, he says, we aren’t seeing the exuberance of the last bubble. So is the coast clear? Well, not so fast. While… Source link

Lumber prices hit a nine month low as borrowing costs surge.Carolyn Cole/Getty Images Lumber prices are spiraling as red-hot house prices and the rising cost of mortgages is hitting affordability. Nearly 80% of National Housing Survey respondents reported now is the worst time to buy a home. It’s set to worsen as Americans foresee their financial situations deteriorating over the next year. Lumber prices have been on a steep decline as a combination of rising interest rates, record-high… Source link

Former University of Missouri Fiji pledge Daniel Santulli is back in the care of his parents, but his condition hasn’t improved, the family’s attorney said Monday. Danny Santulli is back in his parents’ home in Minnesota after several months in a rehabilitation hospital in Colorado, said attorney David Bianchi. Santulli is in the care of his parents, but his condition hasn’t changed, Bianchi said. “He has massive brain damage,” Bianchi said. “He’s blind. He’s unable to walk or… Source link