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The President/CEO and team of professionals at Diamond Real Estate Group have collectively sold thousands of homes. 

Years of experience, training and continuing education keeps our team on top of the market and up-to-date on local and national real estate trends.  Dedicated, award-winning agents at your service!

Diamond Real Estate Group, Inc.

951.672-6711

www.dreginc.com

The Southern California housing market, known for its dramatic swings, is settling into a more normal, healthy pattern.

Home sales are up. All-cash and investor purchases are down. And home prices are rising at a more sustainable pace than in the last few years.

Economists said those factors put the regional housing market on a path for growth that won't wash away in a tsunami of foreclosures and ruined credit scores.

“The healing continues,” said Stuart Gabriel, director of UCLA's Ziman Center for Real Estate

Notably, it appears more families are entering the market as the economy improves. Although still elevated in comparison to long-term averages, the share of absentee buyers — mostly investors — slid to 21.1%, the lowest percentage since April 2010, CoreLogic said.

“This is the real recovery,” Christopher Thornberg, founding partner of Beacon Economics, said of a market where increasingly buyers actually want to live in the houses they purchase. “The last was the investor recovery.”

Sustained job growth has given more people the confidence to buy houses, CoreLogic analyst Andrew LePage said.

The housing market improvement extends nationally, with sales of previously owned homes up in May to the highest pace in nearly six years, partly because more first-time buyers entered the market, according to data from the National Assn. of Realtors.

One factor driving deals is an expected decision from the Federal Reserve to raise its short-term interest rate later this year, real estate agents say.

In response, families rushed to lock in historically low rates this spring, agents say. CoreLogic's sales figures represent closed deals, meaning most went into escrow during May.

For now, deals are on the rise and people are paying more.

Sales and prices climbed in all six Southland counties: Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura.

The sales increase, the largest in nearly three years, put the number of sales just 9.6% below average, CoreLogic said. A year ago, sales were nearly 24% below average.

Make no mistake.  The time is now.

 

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Diamond Real Estate Group, Inc.

951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

Back to Featured Listings
Closed

30092 Clear Water Drive
Canyon Lake, CA 92587

4 beds, 3 baths | Single Family Home
3,374 sq ft, 0.14 acre lot - MLS# SW16742991
Property Photo
1/31

Sold

Description

JUST REDUCED ***ONE OF THE BEST PRICED WATERFORNT PROPERTIES *** BEAUTIFUL CUSTOM WATERFRONT LISTING *** AWESOME LOCATION WITH 55 FEET OF WATERFRONT *** BALCONY OVER LOOKING YOUR OWN PRIVATE BOAT DOCK *** LAKE VIEWS SURROUND YOU *** ENTERTAINERS DREAM INCLUDES HUGE BALCONY OFF MAIN LIVING SPACE BEAUTIFUL WOOD FLOORS AND PRIVATE WET BAR *** FORMAL DINNING ROOM PERFECT FOR HOLIDAY GATHERINGS *** LARGE OPEN GOURMET KITCHEN WITH CENTER ISLAND *** SEPARATE EATING AREA ***FOUR EXTRA LARGE BEDROOMS, INCLUDING MAIN FLOOR BEDROOM AND GUEST BATHROOM *** ATTACHED OVER SIZED THREE CAR GARAGE *** CUL-DE-SAC *** ENJOY VACATION LIFESTYLE YEAR ROUND *** COMMUNITY AMENITIES INCLUDE BOATING, WATER SKIING, FISHING,SWIMMING. GOLF COURSE, TENNIS,HORSE BACK RIDING AT PRIVATE EQUESTRIAN CENTER AND MUCH MORE...

Features

  • Zoning: R1
  • Pool: Association,Community Pool
  • Patio And Porch Features: Brick, Porch - Front
  • Patio: Yes
  • Parking Spaces: 3.00
  • Parking Features: Boat, Driveway, Direct Garage Access, Garage - Two Door
  • Parking: Yes
  • MLS: MR
  • Major Change Type: Closed
  • Main Level Bedrooms: 1
  • Main Level Bathrooms: 1
  • Lot SqFt: 6098.4
  • Pool or Spa: Association,Community Pool
  • Property Type: Single Family Home
  • Room Type: Bonus Room, Formal Entry, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Bathroo
  • Zip Code: 92587
  • Year Built Source: Assessor
  • Year Built: 1985
  • Window Features: Double Pane Windows
  • Water Source: Public
  • Total Baths: 3
  • Sub Type: Single Family Residence
  • Stories Total: 2
  • Stories: Two
  • Sq.Ft.: 3374
  • School District: Lake Elsinore Unified
  • Lot Size Units: Square Feet
  • Lot Size Source: Assessor
  • Community Features: Golf Course, Riding/Stables, Sidewalks
  • Close Price: 570000
  • Close Date: 2017-04-20
  • Bedrooms: 4
  • Baths (full): 3
  • Association Fee Frequency: Monthly
  • Association Fee: 244
  • Association Amenities: Pool, Barbecue, Picnic Area, Playground
  • Association: Yes
  • Area: 236 - Canyon Lake
  • Appliances: 6 Burner Stove, Built In Range, Dishwasher, Double Oven, Garbage Disposal, Yes
  • Cooling: Central, Yes
  • Country: United States
  • Directions: Located right off Canyon Lake Drive
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Listing Status: Closed
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Laundry: Yes
  • Kitchen Features: Kitchen Island
  • Interior Features: Balcony, Bar, Beamed Ceilings, Brick Walls, Built-Ins, Cathedral-Vaulted Ceilings, Ceiling Fan, Inte
  • Heating: Central Furnace, Yes
  • Garage Spaces: 3.00
  • Flooring: Carpet, Tile, Wood
  • Fireplace: Family Room, Yes
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • # of Parking Spaces: 3.00
  • View: Lake,Water, Yes
  • Waterfront: Includes Dock,Lake Front,Marina in Community
Based on information from California Regional Multiple Listing Service, Inc. as of 2017-08-18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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