SF Bay Area - Fremont - Warm Springs - Condos Toll Bros Lennar

[Albert Xavier]

Hi Guys,

Quick thoughts. Lennar, Toll Brothers, and others are building a ton of homes near the Warm Springs BART in Fremont, CA. They have plans to build like 3000 condos (there are others that are going build like 200-300 condos).  Since these are large dense development, they are going to release a bunch of inventory at once, this Spring. What worse they are priced between $1M to $1.7M.  Does anyone feel like this is going to crash the market, especially if there is a slowdown and they don't sell like hot cakes?