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Quarterly Market Update • May 30, 2023

Q1 2023 Market Update

by Selena Young

Wondering what happened in Silicon Valley’s housing market last quarter? Check out the link above!
And as always, as news headlines raise questions, I am happy to provide you with real-time information and answer all of your real estate questions. Feel free to contact me today!
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Local News State Agrees to Negotiate Funding Solution California lawmakers have agreed to begin negotiations with San Mateo County and other affected counties over a permanent fix to the state’s Vehicle License Fee (VLF) funding formula, potentially heading off major cuts to local services. Budget trailer bill AB 184, passed Aug. 31 and awaiting Gov. Gavin Newsom’s signature, states the Legislature’s intent to […]
Local News Sunnyvale Launches Transit Service Sunnyvale has launched Sunnyvale Beam, a citywide, publicly funded microtransit service designed to provide residents with an inexpensive alternative to private ride-hailing and help connect people to public transportation. Riders can request trips through an app or by phone for travel anywhere within Sunnyvale, plus a few nearby destinations including Homestead High School and Kaiser […]
Local News San Mateo Leaders Rally for Funding Fix At a recent rally, San Mateo County officials and representatives from all 20 of the county’s cities called on California lawmakers to permanently fix the state’s vehicle licensing fee funding system as the countywide shortfall reached $226 million. Local leaders warn that without a solution, nearly 1,000 public employees could be laid off next fiscal […]

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