
While one measure, Prop. 15 failed, another ballot measure to change the tax system passed, marking a bittersweet election for everyone.
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Silicon Valley home values saw double-digit appreciation in the past year, outpacing the nation’s rebounding real estate market. Santa Clara County Assessor Larry Stone last week released a detailed breakdown of single-family home and condo prices. The report of prices in 25 South Bay neighborhoods shows growth in single-family home values ranging from 4 to 24 percent, and 13 to 46 percent for condos.
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