Yes there were issues in Cobblestone Creek with Chinese drywall and yes most, if not all, of the affected homes have been properly remediated. Still, do your research and understand the stigma is there and may have some effect on value so be careful and if you do enter into a contract for purchase in a development where issues were present do a complete and thorough inspection including a specific search for Chinese drywall. This is especially important with a one year old child to be growing up there.
With a young family member schools will be important as I am hoping you are looking for a long, long time taking full advantage of a 30 year fixed mortgage at ridiculously low rates. Be very careful to check out the schools systems as it not only will be very important to your children's development but will also be important at resale time. Not sure how tied you are to a Boynton Beach address but both Wellington and Jupiter have excellent schools systems and you will find better pricing in Wellington and an amazing seaside location in Jupiter.
One of my favorite sites when it comes to school ratings is http://www.greatschools.org
and if you have an iPhone check out their app which is also a fantastic tool. I love their site, use it often and highly recommend it to my clients who are interested in finding the best schools for their children's education. GreatSchools profiles public, private and charter schools and has a great format for readers to leave comments. Besides their rating system the comment section is the best place to go to get real life feedback from children who attend the schools as well as their parents.
You might also want to check out the Florida Department of Education School accountability reports which are also a wealth of information and can be accessed with this link;
After doing your homework on-line I always recommend parents visit the school live and in person prior to making any purchasing decisions in that district and if you need assistance let me know as I would be happy to show you around. I hope this information is helpful but if you need anything additional please do not hesitate to give me a call.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty