Menlo Park-Atherton, CA|News|
Drop in Home Sales in Menlo Park, Atherton Blamed on Lack of Inventory
Foreclosures on the Peninsula are way down this year.

Jennifer Squires has lived in Santa Cruz County for more than seven years. An Oregon native, she studied journalism, Spanish and ethics at Southern Oregon University. She's worked for several small, community newspapers and also was editor of the SOU weekly newspaper for two years. Most recently, she was the crime reporter at the Santa Cruz Sentinel. Along the way, she's won awards for reporting on schools, wildfires and a grisly tale about the beheading of an Abraham Lincoln statue in a city park.
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Foreclosures on the Peninsula are way down this year.

Foreclosures also have dropped off sharply.
Foreclosures also are declining in the Bay Area.
Foreclosures also have decreased sharply in the past year.
Foreclosures also are way down in Half Moon Bay.
San Mateo also isn't getting the increase in new construction that other parts of the Bay Area is experiencing.
The Bay Area is experiencing a drop in foreclosures and an increase in building permit applications this spring.
The median home sale price in Belmont now tops $1M.
People want to build in Saratoga — the number of building permits issued is way up this year.
The number of foreclosures has fallen dramatically.
Foreclosures have also fallen by 75 percent in Cupertino.
Foreclosures are also way down in 2013.
Los Altos has one of the lowest unemployment rates in Santa Clara County.
Palo Alto's jobless rate is among the lowest in Santa Clara County.
Mountain View experienced a huge drop in unemployment last month.
Cupertino's unemployment rate is nearing 4 percent.
Saratoga's jobless rate is one of the lowest in the Silicon Valley.
The jobless rate in Los Gatos is trending downward.
Campbell's jobless rate fell below 6 percent in Apri.
Seasonal agriculture operations made lots of hires in April.