Experts and developers say a turbulent economy is creating even more challenges for a region that’s long struggled to build enough homes.
after the developer asked the city to approve the addition of about 3,000 more homes to offset growing costs.
On top of that, financing projects has become more expensive as rates for construction loans also have jumped to around 6%. Neighbor said that’s adding roughly $20,000 to the per-unit cost of large multimillion-dollar developments – a seemingly small amount that can still make all the difference. The cost of lumber, which has been especially volatile during the pandemic, recently returned to pre-COVID levels. Prices averaged around $377 per thousand board feet this month, down from a peak of $1,495 in May 2021.local layoffs by tech companies
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Pitbull, Luke Bryan to headline Put-in-Bay’s Bash on the Bay in August 2023Tickets are now on sale for this year’s event, which will again run two days, on Wednesday, Aug. 23, and Thursday, Aug. 24, at the Put-in-Bay Airport on the south end of the island.
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Bay Area storm live updates: High Surf Warning in effect for coastline until 10 a.m.A High Surf Warning is in effect for the coastline until 10 a.m. Saturday due to the heavy rain and strong wind. Waves are expected to be 20 - 25 feet tall.
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Timeline: Flood Watch in effect for entire Bay Area this weekend with more rain, strong windsMore storms are coming through the Bay Area this weekend, which will likely cause more problems for the already battered region. Here's what to expect.
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'Extremely, extremely dangerous'; Officials warn as latest storm front slams into Bay AreaThe onslaught of storms continued early Saturday as the latest surge of moisture began falling in the San Francisco Bay Area -- one more day of downpours, flood threats and pounding surf in a relentless series of storms.
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Forecast: Series of Bay Area Storms ContinueThe parade of storms slamming the Bay Area is expected to continue Friday and into next week. Here’s a look at what to expect, the storm’s timeline and a breakdown of any weather alerts.
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Here are the Bay Area acts playing at Coachella 2023Four acts from the Bay Area and surrounding regions made the lineup.
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