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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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951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

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$355,000 For Sale

33616 Viewpoint Drive
Wildomar, CA 92595

3 beds, 2 full, 1 partial baths | Single Family Home
1,770 sq ft; lot: 7405 sq ft - MLS# SW18065759
Property Photo
1/39

Description

Great 2 story home in an established neighborhood in Wildomar. 3 bedrooms and a loft. 2 and 1/2 baths. New exterior paint. This home has a step down living room with plenty of windows and natural light, formal dining room again with plenty of windows to enjoy natural light and a view of the backyard. The family room which is off the kitchen has a beautiful slate rock gas fireplace. Tile floors downstairs, and carpet upstairs. Double door entry to the master bedroom, master bathroom has a separate shower and tub, dual sinks, and a walk in closet. The master bedroom also has a large wood deck off the back that you can sit, relax and take in the views. The owner has built an enclosed storage room in the 2 car garage. You will also find an extended driveway, and RV access. Back yard is large enough for a pool. The tax rate is low and there is no HOA. Easy access to the 15 freeway, come make this your own.

Features

  • # of Parking Spaces: 2.00
  • Appliances: Garbage Disposal, Gas Oven, Gas Stove, Gas Water Heater, Microwave
  • Appliances YN: Yes
  • Area: 240 - Wildomar
  • Bathroom Features: Double Sinks In Master Bath, Privacy toilet door, Separate tub and shower
  • Baths: 3
  • Bedrooms: 3
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lighting
  • Construction Materials: Drywall Walls
  • Cooling: Central, Electric
  • Cooling YN: Yes
  • Country: US
  • Directions: Bundy Canyon Rd. east to Sellers-left, to Viewpoint Dr. right
  • Eating Area: Dining Room, In Kitchen
  • Electric: Electricity - On Property
  • Fireplace: Family Room, Yes
  • Flooring: Tile
  • Full Baths: 2
  • Garage Spaces: 2.00
  • Half Baths: 1
  • Heating: Central Furnace, Forced Air, Natural Gas
  • Heating YN: Yes
  • Inclusions: Refrigerator, Washer, Dryer, Wine cooler, Shed.
  • Interior Features: Storage Space, Tile Counters
  • Kitchen Features: Kitchen Open to Family Room, Tile Counters
  • Laundry Features: Gas Dryer Hookup, In Closet, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01315532
  • Listing Office License: 01884123
  • Listing Status: Active
  • Lot Features: Front Yard
  • Lot Size: 0.1700
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 1
  • Major Change Type: Price Change
  • MLS: CRM
  • Open House: 07-15-2018 2:00 PM - 5:00 PM
  • Parking Features: Converted Garage, Direct Garage Access, Driveway - Concrete, Garage - Front Entry, Garage - Side Ent
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Property Type: Single Family Home
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Room Type: All Bedrooms Up, Family Room, Living Room, Master Bathroom, Master Bedroom, Separate Family Room, Wa
  • School District: Lake Elsinore Unified
  • Sq.Ft.: 1770
  • Stories: Two
  • Stories Total: 2
  • Sub Type: Single Family Residence
  • Total Baths: 3
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Window Features: Screens
  • Year Built: 1990
  • Year Built Source: Assessor
  • Zip Code: 92595
  • Zoning: R-1
  • View: Mountain, Yes

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