You've heard it before: the rich are getting richer.
And that's nowhere more evident than here in Atherton, California. The private mansions—rarely seen from the road—are experiencing a pricing renaissance.
High-end homes in Atherton are selling like hotcakes, and often over the asking price, and frequently for all cash. That's saying something when you are talking about $10 million-plus estates.
Location is a big reason why Atherton is the perfect place for the super-rich. The town is 45 minutes south of San Francisco, and less than 20 minutes to the headquarters of Facebook, Google and most of the major tech companies in Silicon Valley.