Any new housing development in the SF Bay area that is not a very small “infill spec development” will be a minimum of 50 miles from SF and 30 miles from OAK.
I doubt that there is even vacant land set aside for development THIS CLOSE to SF and OAK due to a greater political bent to dedicate open spaces in those affected six counties.
As one gets out past 30 miles from OAK, either NE, E or SE, they are entering areas which have been very hard hit by distressed properties due to massive overbuilding in recent years.
These areas aren’t worth buying into unless the buyer has some need to live there (family/job) AND buys the property cheap enough, IMHO.
Smells Feeshy, why don’t you ask your agent to monitor 45+ yo SFR listings as they hit the market for you in close-in Contra Costa County (west of the Caldecott Tunnel)?
They seem to trickle in (and out) every week.
You must be ready and willing to act VERY fast if you see a listing you want to buy in the SF Bay area.
If there is some reason why you MUST have NEW construction, you may very well be shopping in the wrong jurisdiction.
