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Home sales fell again in September as surging mortgage rates, rising prices discouraged homebuyers

Published Tue, 05 Nov 2024 16:49:13 GMT

LOS ANGELES (AP) — Sales of previously occupied U.S. homes in September fell for the fourth month in a row, grinding to their slowest pace in more than a decade as prospective homebuyers grapple with surging mortgage rates and a near historic-low level of properties on the market.Existing home sales fell 2% last month from August to a seasonally adjusted annual rate of 3.96 million, the National Association of Realtors said Thursday. That’s just above the 3.9 million unit pace that economists were expecting, according to FactSet. But it’s the slowest sales pace since October 2010, when the market was still choked by foreclosures following the housing bust several years earlier. Sales sank 15.4% compared with the same month last year and are down 21% through the first nine months of the year versus the same period in 2022.Despite the housing market slump, home prices kept climbing versus a year ago. The national median sales price rose 2.8% from September last year to $394,300....

Man United midfielder Casemiro will miss the team’s next Premier League match because of injury

Published Tue, 05 Nov 2024 16:49:13 GMT

MANCHESTER, England (AP) — Manchester United midfielder Casemiro will miss Saturday’s Premier League game against Sheffield United because of injury, the club said Thursday.The Brazil international has remained in his home country to recover from what has been described as a “small issue” while playing for his national team in World Cup qualifying against Venezuela and Uruguay.United said the decision to stay in Brazil was based on the club’s advice “to recover as swiftly as possible.”Casemiro has endured a difficult start to the season and was sent off after conceding a penalty in United’s 3-2 Champions League loss against Galatasaray at the start of the month. He was then substituted at halftime of the following match — a 2-1 win over Brentford — after his error led to a goal for Mathias Jensen.United said Casemiro, who is suspended for Tuesday’s Champions League game against Copenhagen, is expected to be back at the club’s training center early next ...

Crowd calls for liberation of Palestine at Kingston rally

Published Tue, 05 Nov 2024 16:49:13 GMT

A large group gathered in Kingston’s Springer Market Square on Wednesday afternoon, coming together to call for the liberation of Palestine and promising that it won’t be the end of activism as violence continues to rampage Gaza. A crowd of over 100 was on hand to listen to speakers and march around City Hall on Wednesday afternoon, with the return of students from reading week resulting in a larger attendance than that seen at last week’s rally. Tensions are as high as ever as over 500 people at al-Ahli Arab Hospital in Gaza were killed in a missile strike on Tuesday night, however Israel has to this point denied bombing the hospital and has blamed the explosion on a misfired rocket by Islamic Jihad. Regardless of blame, the continued loss of innocent lives in Gaza has further ignited the desire for Palestinian supporters in Canada and other countries to see a ceasefire and an end to all Israeli occupation. Yara Hussein from Queen’s Solidarity for Palestinian Huma...

Reported hate crimes reach record high in Colorado

Published Tue, 05 Nov 2024 16:49:13 GMT

DENVER (KDVR) -- Based on a Federal Bureau of Investigation report, last year marked the highest number of hate crimes recorded in Colorado. However, Hate Free Colorado estimates these numbers to be even higher.On Oct. 16, the FBI released its annual hate crime report for the previous year. In 2022, Colorado reached the highest number of crimes recorded in one year since it started tracking data 32 years ago. In Colorado, there were 317 reported hate crimes in 2022. Compared to five years ago, the number more than doubled with only 78 people having reported a hate crime in 2017.While hate crimes are recorded at the highest level ever, Hate Free Colorado believes that these numbers are even higher. Is violent crime going up in Colorado? New FBI data explains Hate Free Colorado conducted a statewide survey in 2022 finding that three in ten participants said they were targeted with verbal harassment, property damage, and/or physical injury within the last five years.That's an estimat...

Biden prepares Oval Office speech on wars in Israel and Ukraine, asking billions

Published Tue, 05 Nov 2024 16:49:13 GMT

WASHINGTON (AP) — President Joe Biden will deliver a rare Oval Office address Thursday night as he makes his case for providing billions of dollars in military assistance to Israel and Ukraine, deepening American involvement in two very different, unpredictable and bloody foreign conflicts.The speech will be an opportunity for Biden to argue that the United States has an obligation to help in both places, and a chance for him to publicly lobby lawmakers for the money to do so.The funding request, expected to be formally unveiled on Friday, is likely to be around $100 billion over the next year, according to people directly familiar with the proposal who insisted on anonymity to discuss internal deliberations. The total figure includes some money for Taiwan’s defense and for managing the flow of migrants at the southern border with Mexico.Biden hopes that combining all of these issues into one piece of legislation will create the necessary political coalition for congressional approv...

Police: Duo arrested for $200 meat heist and stolen motorcycle in Miami Springs

Published Tue, 05 Nov 2024 16:49:13 GMT

Two people were arrested after allegedly stealing over $200 worth of meat from Milam’s Market in Miami Springs.According to police, on Wednesday morning, Amalia Gomez-Alvarez and Miguel Montejo-Vega entered Milam’s Market, located at 80 Curtiss Pkwy in Miami Springs, and walked out with over $200 worth of items from the meat department. The Detective Bureau and Crime Suppression Team located and arrested both suspects at a residence in Hialeah. During the arrest, authorities said they recovered a motorcycle reported stolen in Miami-Dade.Amalia Gomez-Alvarez and Miguel Montejo-Vega face charges including retail theft with multiple convictions, auto theft and resisting arrest without violence.

More arrivals from Israel touch down at MIA as war rages on

Published Tue, 05 Nov 2024 16:49:13 GMT

Another flight from Tel Aviv landed at Miami International Airport Thursday morning as more people tried to escape the war zone in the Middle East. While some are fleeing the region, others are heading towards it.“We all are literally in mourning and in a state of shock,” Moshe Fraind said. “On the day that the war broke out, my husband was called first thing in the morning to serve the country,” Elana Salomon said.Salomon fled from the danger with her three small children.“It’s very hard for me to leave Israel,” she said. “It was hard for me to leave my husband knowing he’s in danger himself to protect us.”And there were many more like her as they arrived in South Florida.“We had a lot of flights scheduled, I was going to go to maybe Dubai, maybe Canada first, we were trying to work everything out and the flights are crazy,” Tyler Kaufman said.Kaufman brought as many belongings as he could, which included hi...

GameStop manager accused of killing suspected shoplifter bonds out

Published Tue, 05 Nov 2024 16:49:13 GMT

Derrick Guerrero, 33, bonded out of jail Thursday after a judge required him to wear an ankle monitor following his court hearing. “You’re charged with manslaughter,” said the judge in Wednesday’s proceeding. The GameStop store manager was arrested on Tuesday night after he opened fire on a shoplifter when, he says, he was trying to stop a crime, but Guerrero would be the one ending up in cuffs. “Mr. Guerrero’s actions resulted in the death of another person, an individual that was unarmed, that was fleeing from the location,” said a prosecutor.Police say Guerrero shot and killed a man shoplifting at a GameStop store he manages in Pembroke Pines.The victim, according to detectives, was in the store for about an hour then grabbed merchandise from the behind the counter before running out the front door.“The manager observed him and yelled him got his firearm and shot one round towards the victim,” said Pembroke Pines Police Maj. Al Xiques in a pres...

EU Parliament calls for ‘humanitarian pause’ in Israel-Hamas war

Published Tue, 05 Nov 2024 16:49:13 GMT

STRASBOURG — MEPs on Thursday called for a “humanitarian pause” to provide food, water and medical aid to Palestinians in the besieged enclave of Gaza.The Parliament called for a de-escalation of the conflict, a “humanitarian pause” and demanded Israel comply with international humanitarian law in its war against Hamas alongside the country’s right to self-defense. A humanitarian pause would allow for aid to enter Gaza through the Rafah border crossing with Egypt. In a resolution backed by 500 MEPs, EU lawmakers called for Hamas, which governs Gaza — and is listed as a terrorist group by the EU — to be “eliminated,” demanding also the unconditional release of the hostages taken to Gaza, who the Israeli army believes number 203, according to the BBC. MEPs overwhelmingly condemned the October 7 attacks which killed 1,400 people, as they did last week at a gathering in front of the Parliament in Brussels.Israel has placed a complete siege on Gaza since the beginning of t...

Stabbing in Mattapan leaves victim with life-threatening injuries

Published Tue, 05 Nov 2024 16:49:13 GMT

Boston police are investigating what led up to a stabbing that left a man with life-threatening injuries in the city’s Mattapan neighborhood.Authorities said officers found the victim after they were called to the area of Rugby Road near Milton around 11:30 a.m. on Thursday.According to police, the man was believed to have suffered life-threatening injuries as a result of a stabbing, and was rushed to a nearby hospital.More investigators were arriving at the scene and caution tape was being set up along the street as SKY7-HD flew over the area around noon.Details on a possible suspect have not yet been released.https://twitter.com/JHall7news/status/1715033106896290272This is a developing story; stay with 7NEWS on-air and online for the latest updates.