Palo Alto & Menlo Park, what is happening?

Along with San Francisco, I track home sales in Atherton, Palo Alto & Menlo Park, CA just to name a few.

And last week, several Menlo Park properties that had been on the market for some time, all went pending or sold.

In Palo Alto, a new listing came on and sold within 2 weeks with double digit number of offers and 200K+ over the asking.

Now I know many of you will be referencing the media's negative perspective of the real estate market. But I am telling you that there are parts of the Bay Area real estate market that are ignoring the downward conversation.

Be smart, this time of year families are wrapping up their current school year and preparing for summer vacations and the like. But they are also making home selling and buying decisions that will be in place before the next school year begins. So call your "professional" agent and get a real market perspective and walk away from people giving you uninformed analysis, like the guy at the deli counter.

Prepared by: Ken Glidewell for questions or a vendor referral just email me at: kglidewell@pacunion.com

or visit my website: http://www.KenGlidewell.com