September 12, 2012 |
New data show the number of underwater borrowers in the U.S. is continuing to decline as home prices improve, meaning one of the most stubborn roadblocks to the housing market's recovery is slowly lifting. The Santa Ana research firm CoreLogic estimates that the number of homeowners in the U.S. who owed more on their homes than those properties are worth totaled 10.8 million American households, or about 22.3% of all homes with mortgages, at the end of the second quarter. That was an improvement from the first quarter, when there were about 11.4 million underwater homes, amounting to about 23.7% of all mortgaged homes.
August 30, 2012 |
NEW ORLEANS - After three days of mayhem, a weakened Isaac edged northward out of Louisiana on Thursday, leaving a third of the state without power, more than 60,000 residents evacuated and worried officials preparing to release water from a storm-stressed dam near the Mississippi border. At least one death was reported. Hundreds of homes remained underwater, and nearly 5,900 weary residents in Louisiana and more than 1,800 in Mississippi scrambled to makeshift shelters. At least 500 people who had gambled on riding out the storm were rescued by helicopter or boat, as Isaac was downgraded late Thursday to a tropical depression - a far cry from its 80-mph winds at landfall.
August 16, 2012 |
The big heat gripping Southern California leaves me daydreaming about big ocean adventures, like this one in Honolulu. It's described as an underwater scooter and snorkeling experience in Maunalua Bay, where you can see fish and sea turtles up close. For a limited time, the excursion is on sale for $99 per person, courtesy of Travelzoo . The deal: The Travelzoo discount cuts the cost of this two-hour excursion in half. As always, you purchase a voucher that can be redeemed with the dive company Island Water Sports based in Honolulu.
August 9, 2012 |
"Garden in the Sea," a lovely documentary from German filmmaker Thomas Riedelsheimer, follows Spanish artist Cristina Iglesias as she creates a sculpture that will sit deep inMexico's Sea of Cortez just at the edge of Espiritu Santo Island. It makes for a very internationally flavored film, one that ultimately relies on the language of sight and sound to speak eloquently about art and ecology and how they can be fused into something extraordinary. The film begins in Madrid not long after Mexican philanthropist Manuel Arango's foundation commissioned Iglesias to create a piece that would reflect his country's efforts to preserve the natural habitat of the island.
CALIFORNIA | LOCAL
August 6, 2012 |
On a recent sunny morning off Long Beach, Philip Cruver throttled down his boat at the spot where his company expects to develop the first shellfish ranch in federal waters. "Our goal is to show this can be done and put a dent in the nation's $10.4-billion seafood deficit," Long Beach entrepreneur Cruver, 67, explained from the deck of his 27-foot vessel. If all goes according to plan, construction of a pilot 100-acre underwater plot will begin early next year, with the first harvest of a half a million pounds of plump Mediterranean mussels and 500,000 Pacific oysters expected about eight months later.
August 3, 2012 |
Athletes, journalists and fans aren't the only ones who have been tweeting from the London Olympics. For a more surreal look at the games, consider following the Twitter feed of the Olympic pool camera: @L2012PoolCam . That's right, a camera stationed at the bottom of the Olympic pool has been tweeting pictures of the world's fastest swimmers as they cut through the water, and the photos are eerie, gorgeous and awesome. "I match the world's best swimmers, stroke for stroke," the pool camera's Twitter bio reads.
CALIFORNIA | LOCAL
July 21, 2012 |
SAN DIEGO - In a huge tank at a once-secret Navy base on Point Loma, students from the Far Eastern Federal University in Vladivostok are testing their autonomous underwater vehicle, the AUV Junior. The vehicle may be a miniature, but the significance is huge: It's the first time a team from the Russian Federation has entered the annual RoboSub competition, which is co-sponsored by the Pentagon's Office of Naval Research. For the engineering-minded, this is the Super Bowl of underwater contests.
July 14, 2012 |
A plan to seize and restructure troubled mortgages using eminent domain in San Bernardino County is under assault by investor groups, which call it unconstitutional and potentially costly to homeowners. The cities of Ontario and Fontana, in partnership with the county, are exploring using private funds to acquire mortgages that are "underwater," where the homes wouldn't sell for enough money to pay off the loans. Under the Homeownership Protection Program, the loans acquired by government authority would be restructured, lowering the amount owed, with the intent of helping the owner keep the home.
July 11, 2012 |
WASHINGTON - The Navy is rushing dozens of unmanned underwater craft to the Persian Gulf to help detect and destroy mines in a major military buildup aimed at preventing Iran from closing the strategic Strait of Hormuz in the event of a crisis, U.S. officials said. The tiny SeaFox submersibles each carry an underwater television camera, homing sonar and an explosive charge. The Navy bought them in May after an urgent request by Marine Gen. James Mattis, the top U.S. commander in the Middle East.
July 1, 2012
A waterfall cascades from an infinity pool to mark the entrance to this Malibu contemporary. The waved copper roof plays off the Pacific, which can be viewed from most rooms including the living room, where underwater windows also provide a look into the swimming pool. The details Location: 31533 Pacific Coast Highway, Malibu 90265 Asking price: $3.995 million Year built: 2010 Architect: S.K. Das House size: Four bedrooms, four bathrooms Lot size: 1.71 acres Features: Three fireplaces, 15-foot ceilings, wired for surround sound, white oak kitchen cabinets, Viking appliances, breakfast area, elevator, 1,700-square-foot deck off the master bedroom, 2,500 square feet of lawn, palm trees, native shrubs and plants, orchard and herb garden.