Kraig

It is not true that Stonebrae was built on a landfill. That's ridiculous. - Wed Jul 1 2009, 08:02

A 2 year supply of homes in Stonebrae? Maybe the lower Hayward area, but I doubt the Hills do.

Another thing I noticed is that the builders are not opening up the premium lots with hill views, presumably to keep them around for sale when the market rebounds. - Wed Sep 17 2008, 20:32

Hayward looks to be on a positive trajectory.. The downtown is in the middle of a revitalization.. the old guard city council have been minimized and refreshed with new blood. Another result evident: Hayward just passed their first major school bond in about 30 years to get Federal money. New downtown + better schools = community on the cusp. - Sun Aug 17 2008, 13:11

Jeff, how long have you been living in Stonebrae? - Wed Apr 9 2008, 23:12

I just talked to a few people. Stonebrae has a long way to go, and a few more phases. It's going to be awhile, I think - Mon Mar 31 2008, 17:39

Appreciate that feedback. I agree that there is always some assumption of risk, but I also think that there is always good data to help us come up with a 'gut' feeling. That's what we're asking for. If your profession ethically won't let you answer, it's totally understandable. But we're hearing there is 2+ years of product on the Hayward market. Is that true? And if it is, would it lend to the opinion that price drops might be further ahead?

On the subject of 200k upgrades. I agree that that is definitely something tangible. However, nothing is more tangible than the overall affordability of the house. I would probably much prefer a price drop, as opposed to a free 5th bedroom, for example. :)

And again, I really appreciate the thought and time in the answers!

Kraig - Mon Mar 31 2008, 10:51

I'm sure the questioner appreciates the answer, but I feel like your answer doesn't really get to the main point of his question, which is, is Stonebrae a big investment risk? Could a realtor in the know about Hayward and Stonebrae clue us in?

I'm thinking about buying as well, but if the questionaire is right and there is a 2 year supply of homes, perhaps it is wise to wait awhile for Stonebrae to lower their prices a bit more. - Sun Mar 30 2008, 19:32

I think you exceeded your quota of exclamation point quota. :)

It sucks that you felt cheated by buying in 2007, but this is a new year. Every area is differently and some may be turning around while others won't for awhile. - Mon May 5 2008, 21:41