It is difficult to accurately assess the bay area real estate market because of the many micro markets that exist within its boundaries. For example, Palo Alto continues to be the shining star with almost every listing generating multiple offers. The surrounding cities of Los Altos, Mountain View, Menlo Park and the rest of the Mid Peninsula are also experiencing an increase in activity. But there are some markets that continue to struggle, especially in the South and East Bay. Also, low inventory continues to be a problem in all areas, ...