Pleasanton Neighborhood Spotlight – Ironwood in Pleasanton

The Pleasanton neighborhood of Ironwood was built by Ponderosa Homes and broke ground in 2005. Ironwood in Pleasanton is one of the newest communities in Pleasanton. Ironwood can be broken down into 2 main neighborhoods. The Ironwood Estates and Ironwood Classics.

Ironwood Estates – There are 3 models within the Estates: Danbury, Essex and Madison. The homes within the Estates are as large as 5 bedrooms at nearly 4,400sf.

Ironwood Classics – There are 4 models within the Classics: Alder, Elm, Oak and Willow. The homes within the Classics are as large as 5 bedrooms at just over 3,000sf.

Within the Pleasanton neighborhood of Ironwood there are also 16 duet homes located within the Classics and off the Mohr Ave. entrance of the Estates there are 7 larger home sites known at the Ironwood Residences. These homes are on lots over 18,000sf and living space of over 4,500sf.

The Ironwood community residents can also send their children to Mohr Elementary school, Harvest Park Middle and Amador High.

Tri Valley Home Sales February 2009

Looking at the closed homes below you will see that overall Tri Valley Home Sales were a bit off from previous months, but a recent report by NAR shows Pending Home Sales Up (signed not closed sales). Cheer!!! It’s good news!

In my opinion it’s especially good news for first time buyers in the $500k and under. A lot of these homes are the driving force behind the increase in sales. FHA loans at 3.5% down and 5% interest rates. In areas like Dublin, Livermore and San Ramon the rent and mortgage payments are even. Ill show you a scenario if you ask me.

The downturn started with mass speculation in the lower priced homes and now we are seeing a flood of buyers entering back into the lower tiered homes because of affordability of pricing and comparable rent v. buy options.

Here is a look at sold homes in the Tri Valley from last month.

Pleasanton Home Sales

Dublin Home Sales

Livermore Home Sales

San Ramon Home Sales

Danville Home Sales

Your Thoughts???