We were kind of at our max. Reporter while the median price of a home in california is 706,000, in the bay area its 1,068,000. This time last year it was 900,000, and 18 increase. There has been a pentup demand for homes in the last several years. We have had a low supply of homes for sale. Reporter while some are leaving the bay area, able to work remotely during the pandemic, realtors say many people still want to live here. This is an area thats surrounded by hightech employers that are willing to pay a lot of money for you to work for them. Even if you want to live here. The weather here is wonderful. Reporter this Real Estate Broker sold the 759 square foot one bed, one bath house in san jose for over asking price, 1,055,000 with six offers. The new owner plans to tier it down and rebuilt. The broker says the biggest factor pushing up home sales is the historic low interest rates. And the two percentile, 2. 5 to 2. 75 . Whenever the cost of money is this low you find people being
Remote hearing requires everyones attention and most of all when not speaking mute your microphone and turn off video camera. Sfgovtv is streaming this live. Comments are opportunities to speak during the Public Comment period are available by calling 14156550001. And entering access code 146 717 8911. When we reach our item, press star, then 3 to be added to the queue. Each speaker will be allowed up to three minutes to speak. When you have 30 seconds remaining, youll hear a chime indicating your time is almost up. When your time is up, i will take the next person queued to speak. Best practices are to call from a quiet location. Speak clearly and slowly and please mute the volume on your television or computer. Commissioner koppel here. Commissioner moore here. Commissioner chan here. Commissioner diamond here. Commissioner fung here. Commissioner imperial here. At 1301, stockton street, conditional use authorization is proposed for october 8. Item 2, 2018, 2124, conditional use auth
And im naush nuanoushah ras. Its a serious situation across the bay area and the state tonight. Dramatic rescues under way near fresno as new fires burn out of control. In the bay area, a scorching sunday on tap, yes, hotter than today. Live look at the bay bridge. Parts of the bay area could see record temperatures. Lets begin our Team Coverage with vianey arana. Vianey. Hey there, terry and anoushah. You know, we saw some pretty hot temperatures today, but youre right. Tomorrow is expected to be the hottest day of this heat wave. So far right now, were not getting much cooling. Even right now nearly at midnight, look at the current temperatures. San jose still at 80 degrees. Livermore, 82. So not much relief overnight. Down to the 70s in San Francisco, but let me show you the 24hour temperature change compared to yesterday. So yesterday around this hour, we were about 14 degrees cooler in san jose. But look at oakland, palo alto. Were running 10plus degrees hotterment what are we exp
You know, that can quickly turn dangerous in a number of situations from elevated fire danger to potential for heat exhaustion. We have to make sure were looking out for each other and the current view of San Francisco, i like the one you had better earlier, a beautiful shot of the sunrise. Current temperatures right now in the 60s and the 70s already. In San Francisco, 71 degrees. To give you an idea how much warmer we are than yesterday, San Francisco is running ten degrees warmer compared to the past 24 hours. Palo alto 11. What are we monitoring for today . That excessive heat warning is in effect and inland valleys can see temperatures from 100 to 110. The potential for 115degree weather in through the interior valleys, even bay side temperatures will be 85 to 98 degrees. For San Francisco and the coast we could be climbing into the 80s there as well. And now were all still going to be looking out for the potential for an offshore wind event heading into monday. That will bring el
I think that we a reserve recommendation also. So the reserve recommendation this is a policy recommendation to place a port economic Recovery Project on the budget and finance committee. I just questioned mr. Cruise. I know that you do have a Recovery Project plan, is that correct . Chair fewer, at this point we have the funding set up in a project. Chair fewer okay. What we dont have is a spending plan. So we agree that the budget analysts recommendation that we can come back and provide that plan and ask for the release of those funding that funding at that point. Chair fewer thank you, mr. Cruise. So seeing no comments or questions from my colleagues, i think that we are in agreement. Mr. Controller, can you please take note, this committees intentions to set the budget recommendation and recommendation number 6 from the b. L. A. For this department. Thank you very much. Next we have is the airport. Do we have joining us today . Mr. Sataro or kathy widener, our friend that we see a