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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.

 

Thinking of Buying a Home?

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It's Simple...It's Easy...Simply Pick Up the Phone Today!

Diamond Real Estate Group, Inc.

951.672.6711

www.dreginc.com

 

 

 

 

 

 

 

 

 

 

 

 

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$409,000 For Sale

35119 Pashal Place
Wildomar, CA 92595

4 beds, 2 full, 1 partial baths | Single Family Home
2,236 sq ft; lot: 9583 sq ft - MLS# SW18114431
Property Photo
1/12

Description

TURNKEY! All the work has been done! Move in ready! No Mellos Roos CFD's. Freshly painted inside and outside! Double entry door opens to living room with formal dining and fireplace. All new wood flooring in kitchen and family room. New carpet in all bedrooms, all new faucets in bathrooms and kitchen. Kitchen has granite counters, new faucet and sink and large eating area. Deck off Master bedroom, Full length Back patio partially covered. Oversize 3 car garage with storage galore! Tons of cabinets and over head storage. RV parking/boat in rear with huge concrete slab area. Upgraded heavy duty copper plumbing all above ground. Brand new 200 amp electrical panel. Very large lot, backyard has block wall fencing in back, grass and concrete patio.

Features

  • # of Parking Spaces: 3.00
  • Accessibility: 2+ Access Exits,32 Inch Or More Wide Doors,36 Inch Or More Wide Halls,Parking
  • Appliances: Dishwasher, Free Standing Range, Garbage Disposal, Gas Oven, Gas Range, Gas Stove, Gas Water Heater,
  • Appliances YN: Yes
  • Area: 240 - Wildomar
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower in Tub, Closet in bathroom, Double sink
  • Baths: 3
  • Bedrooms: 4
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lighting, Suburban
  • Construction Materials: Drywall Walls, Frame, Stucco
  • Cooling: Central, Electric
  • Cooling YN: Yes
  • Country: US
  • Directions: Clinton Keith
  • Door Features: Double Door Entry, Mirrored Closet Doors, Panel Doors, Sliding Glass Door(s)
  • Eating Area: Dining Ell, Family Kitchen, In Kitchen, In Living Room
  • Electric: Electricity - On Property
  • Exterior Features: Lighting, Satellite Dish
  • Fence YN: Yes
  • Fencing: Block, Good Condition, Privacy, Wood
  • Fireplace: Living Room,Gas,Gas Starter,Raised Hearth, Yes
  • Flooring: Carpet, Wood
  • Foundation Details: Seismic Tie Down, Slab
  • Full Baths: 2
  • Garage: Yes
  • Garage Spaces: 3.00
  • Half Baths: 1
  • Heating: Central Furnace, Forced Air, Natural Gas, Fireplace
  • Heating YN: Yes
  • High School: Lake Elsinore
  • Interior Features: Balcony, Block Walls, Ceiling Fan, Ceramic Counters, Copper Plumbing Full, Granite Counters, High Ce
  • Kitchen Features: Granite Counters, Kitchen Open to Family Room
  • Laundry Features: Area, Gas Dryer Hookup, In Garage, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 00903576
  • Listing Office License: 01884123
  • Listing Status: Active
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corners Established, Front Yard, Gentle Slope, Landscaped, Lawn, Lot 6500-
  • Lot Size: 0.2200
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Main Level Bathrooms: 1
  • Major Change Type: Back On Market
  • MLS: CRM
  • Parking Features: Covered Parking, Direct Garage Access, Driveway, Driveway - Concrete, Driveway Up Slope From Street,
  • Parking Spaces: 3.00
  • Parking YN: Yes
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Type: Single Family Home
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Concrete, Tile
  • Room Type: All Bedrooms Up, Center Hall, Dressing Area, Entry, Family Room, Formal Entry, Foyer, Great Room, Ki
  • School District: Lake Elsinore Unified
  • Sewer: Sewer Paid
  • Sprinklers: Yes
  • Sq.Ft.: 2236
  • Stories: Two
  • Stories Total: 2
  • Style: Contemporary,Traditional
  • Sub Type: Single Family Residence
  • Total Baths: 3
  • Utilities: Cable Available, Natural Gas Available, Phone Available, Phone Connected, Sewer Available, Sewer Con
  • Water Source: Public
  • Window Features: Double Pane Windows, Screens
  • Year Built: 1987
  • Year Built Source: Assessor
  • Zip Code: 92595
  • Zoning: R-1
  • View: City Lights,Hills,Mountain,Trees/Woods, Yes

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