Week. More than 1,000 tenants at the Carmel Rincon towers are in the dark in more ways than one. Their power has been out since early Tuesday Morning and they still dont know why. Its been challenging. You take some things for granted. Reporter residents say being without power poses challenges, but its the lack of Accurate Information about the timeline for restoring power thats the biggest inconvenience. Not really knowing the communication knowing. The communication hasnt been perfect. The biggest frustration every step of the way theyre promising a lot earlier time frame and date for water to be turned on. Reporter today we confirmed the main Domestic Water line burst and flooded an Electrical Panel here. Power has been cut for safety reasons. The Management Company told us, we are working diligently with electricians and contractors to restore power as soon as possible and should know more on monday morning as the extent of the water damage. For tonight residents can stay for free
Millions of dollars cash. Reporter the homes proximity to tech jobs in Silicon Valley is only one of the factors that makes it zoosperms sieve. The other is demand so expensive. The other is demand. The number of available homes throughout the valley is down sharply. This is the lowest listing of homes ive seen in my 30 years. Theres just not enough houses for buyers out there. Reporter and as crazy as prices seem now, it will probably be much more in probably a few years based on what clark found when he looked up the homes price the previous time it sold. But it also sold in 2010 for 908,000. So in seven years the price has gone up 1 million. Reporter so the prices just keep going up and up. Weve just learned since weve been here that another house on this same street a couple of blocks down is also now on the market for 2. Up with million dollars. Its a 2. 1 million. Its a similar vintage to this house, but that may be the next one sold here. In cupertino, len ramirez, kpix5. Califo