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Local News Conflicting Polls Released in California’s 16th Congressional District Contenders for the state’s 16th Congressional District reveal conflicting polls that claim they each are in the lead. Former San Jose Mayor Sam Liccardo, in his efforts to replace U.S. Representative Anna Eshoo, has commissioned and released a poll that seems to suggest voters strongly prefer to see him in Congress, while State Representative Evan Low’s […]
Local News Home Insurance Experts Say Changes Coming for California California’s homeowners insurance crisis took front stage at last week’s Center for California Real Estate (CCRE) panel discussion. CCRE, an institute of C.A.R., featured Insurance Commissioner Ricardo Lara and experts from United Policyholders, the Personal Insurance Federation of California, and UC Berkeley. Key takeaways from the CCRE event: The state’s largest insurance regulatory reform in […]
Local News 10 Propositions Qualify for Statewide Ballot Through a mix of signature gathering and legislative action, 10 different propositions will be on the ballot this November. Most of them can be considered unrelated to real estate, but the continued efforts to raise revenue and enact strict rent control are back in new forms. Here is a rundown of what you will be […]
Local News Mountain View Moves Forward with Transfer Tax The Mountain View City Council voted to place a transfer tax increase on the November ballot. The new tax threshold will start at $6 million dollars and those properties below that threshold will continue to pay the $3.30 per $1,000 in value that they currently do. Properties that sell above the $6 million-dollar threshold will […]
Local News California AG looks to revive law allowing single-family lot splits California Attorney General Rob Bonta is fighting for Senate Bill 9, a state law that allows single-family lots to be split for the development of duplexes. The attorney general has appealed a decision from the California Superior Court, which struck down the legislation and ruled it unconstitutional, according to a notice of appeal filed last […]
Local News California home to 1 in 6 new jobs in May Employers in California created 43,700 jobs in May, or one out of every six new jobs nationwide, as the state’s unemployment rate dropped by 0.1 percent, Governor Gavin Newsom’s office said Friday. Since May 2020, California has gained 3,100,400 jobs, an average of 63,273 per month. The news comes after the state’s population increased for […]
Local News Industrial Site Proposed to Host 100 Units Palo Alto still has yet to receive approval for their Housing Element and continues to face the pressure of developers with residential projects. The latest is a potential 100-unit rental development on Fabian Way. Fortunately for city leadership, this area was slated as a future hub of residential growth and generally follows some of the […]
Local News Mountain View Faces Potential Lawsuit Since Mountain View took so long to get its Housing Element approved by the State Department of Housing and Community Development, the city was subject to the now widely known “builder’s remedy” rules. This essentially requires cities to approve projects without having any oversight or zoning enforcement. A project was submitted on Tyrella Ave. a […]
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Local News Polls Show Close Race for Congress As we quickly march closer to Election Day on March 5, the race to succeed U.S. Representative Anna Eshoo is becoming tighter. A recent poll by San Jose Spotlight showed former San Jose Mayor Sam Liccardo capturing the preferences of 16% of likely voters in the district. Supervisor Joe Simitian was preferred by 13.3%, Rish Kumar was […]
Local News Government Affairs Palo Alto Seeks to Raise Utility Rates In order to improve infrastructure and increase services Palo Alto is proposing to increase the average residential utility bill to $400 a month. Typically, residents pay around $370 currently but rising costs of water, 100-year-old infrastructure, and a number of other needs are putting upward pressure on rates. Last week the Palo Alto City Council’s […]
Local News Mountain View Moves Forward with Revenue Measures Government Affairs Mountain View Moves Forward with Revenue Measures At a recent study session, the Mountain View City Council agreed that while the budget is secure, the city lacks funding to address critical infrastructure needs. One of those critical needs is the $160 million estimated for a new public safety building. There are also needs […]

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