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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

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Sold

28287 Worcester Road W
Sun City, CA 92586

2 beds, 1 full, 1 partial baths | Single Family Home
1,648 sq ft; lot: 7405 sq ft - MLS# SW18066173
Property Photo

Sold

Sold on Aug 3, 2018

Description

Lovely 55+ Senior home with many upgrades! This house is a masterpiece! Cherry Hills Golf Course location…enclosed lanai with expanse of windows offers a beautiful view! Brand new remodeled kitchen showcases Quartz Counter Tops – subway tile back-splash, brand new stainless steel appliances, beautiful white Shaker-style whisper close kitchen cabinets. New windows throughout most of the house. Distressed laminate wood flooring with exception of tile flooring in bathrooms… which are beautifully remodeled. Brand new 5” baseboards, window casings, door casings, shiplap, and newly painted interior. Lots of canned lighting. RV potential. GAS on the property!

Features

  • # of Parking Spaces: 2.00
  • 3/4 Baths: 1
  • Area: 227 - Menifee
  • Association Amenities: Pool, Spa, Paddle Tennis
  • Association Fee: 335.00
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Baths: 2
  • Bedrooms: 2
  • Community Features: Golf Course
  • Cooling: Central
  • Cooling YN: Yes
  • Country: US
  • Directions: I-215 exit at McCall, go West on McCall, turn Right on Sun City Blvd, turn left on Chambers
  • Full Baths: 1
  • Garage: Yes
  • Garage Spaces: 2.00
  • Heating: Central Furnace
  • Heating YN: Yes
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01301704
  • Listing Office License: 01884123
  • Listing Status: Closed
  • Lot Features: Lawn, Lot 6500-9999, On Golf Course, Rocks, Sprinklers Timer
  • Lot Size: 0.1700
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Major Change Type: Closed
  • MLS: CRM
  • Parking Features: RV Potential
  • Parking Spaces: 2.00
  • Parking YN: Yes
  • Pool: Association
  • Pool or Spa: Association
  • Property Type: Single Family Home
  • Room Type: All Bedrooms Down, Family Room, Living Room, Utility Room
  • School District: Perris Union High
  • Selling Agent: Maria Juarez
  • Selling Agent License: 01734175
  • Selling Office: First Team Real Estate
  • Selling Office License: 01008773
  • Senior Community: Yes
  • Sewer: Public Sewer
  • Sold Date: 2018-08-03 00:00:00
  • Sold Price: 301000.00
  • Sprinklers: Yes
  • Sq.Ft.: 1648
  • Stories: One
  • Stories Total: 1
  • Sub Type: Single Family Residence
  • Total Baths: 2
  • Water Source: Public
  • Year Built: 1965
  • Year Built Source: Assessor
  • Zip Code: 92586
  • Zoning: R-1
  • Golf Course: Yes, See View
  • View: Golf Course, Yes

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